Innovex International, Inc. (INVX) Form 10-Q — Aug 4, 2026

$INVXForm 10-QFiled Aug 4, 2026, 4:34 PM ET0001193125-26-332959Original filing

Innovex International (NYSE: INVX) reported Q2 2026 revenue of $244.9 million, up 9% year over year, with net income up 63% to $25.0 million and diluted EPS of $0.36 versus $0.22 a year ago. First-half profits were hit by a $51.6 million legal settlement provision tied to the Impulse Litigation jury verdict, driving H1 net income down 72% to $8.4 million despite the strong second quarter and a $9.9 million Q2 gain on asset sales.

Key figures

Eps: $0.36 diluted Q2 2026 (vs $0.22 Q2 2025); $0.12 diluted H1 2026 (vs $0.43 H1 2025)
Revenue: $244.9 million Q2 2026; $483.9 million H1 2026
Net Income: $25.0 million Q2 2026; $8.4 million H1 2026
Total Debt: $25.1 million including finance lease obligations
Revenue Yoy: +9% Q2 YoY; +4% H1 YoY
Total Assets: $1,327.7 million
Cash Position: $222.1 million cash and restricted cash at June 30, 2026
Shares Outstanding: 69935827
Dis acquisition price: $17.6 million including $4 million earnout
Revolver availability: $156.5 million undrawn $200 million facility maturing 2030
H1 operating cash flow: $56.9 million, down 37% YoY
Q2 gain on asset sales: $9.9 million
Tco group purchase price: ~$95 million ($30 million stock + $65 million cash)
H1 income from operations: $12.0 million, down 73% YoY
Q2 income from operations: $33.8 million, up 49% YoY
Legal settlement provision: $51.6 million H1 2026 (Impulse Litigation)
Remaining buyback authorization: $76.6 million

Price after filing

1 day: +6.6%7 days: +13.5%30 days: +17.3%

Close on the filing date to close N calendar days later (from $26.56). Historical, not a forecast.

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