{"filings":[{"id":1389881,"accession_number":"0001193125-26-292774","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K/A","filed_at":"2026-07-01T21:00:15+00:00","items":["3.02"],"status":"ready","headline":"Innovex closes TCO Group acquisition, issues 1,060,713 shares as merger consideration","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Closed acquisition of TCO Group AS on July 1, 2026.","Issued 1,060,713 shares of common stock to the seller as merger consideration.","Share count based on 15-day VWAP preceding June 15, 2026.","Issuance exempt from registration under Section 4(a)(2) of the Securities Act.","Amendment filed to update share number in original 8-K dated June 15, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1038758,"accession_number":"0001193125-26-270295","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2026-06-15T11:30:19+00:00","items":["3.02"],"status":"ready","headline":"Innovex to acquire TCO Group for $95M; expects 13% EPS accretion, 14% ROCE","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price ~$95M: $30M in stock (~1.06M shares at ~$28.20 VWAP) and $65M cash.","TCO Group FY2025 revenue ~$70M, net income $12.4M, Adjusted EBITDA $17.6M (25% margin).","Closing expected early Q3 2026; seller has 6-month lock-up on consideration shares.","Transaction expected ~13% accretive to Innovex EPS (based on 2025 pro forma).","TCO Group provides well completion tools, including barrier plugs, perforating services, chemical injection systems."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":13885,"accession_number":"0001193125-26-216895","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2026-05-11T20:30:17+00:00","items":["5.07"],"status":"ready","headline":"Innovex shareholders elect three directors, ratify PwC auditor, approve executive compensation","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All three director nominees elected with strong support: John Lovoi (55.2M for), Angie Sedita (58.6M for), Will Donnell (61.3M for).","Ratification of PricewaterhouseCoopers as auditor for 2026 approved with 65.3M votes for, 42.9K against.","Advisory vote on executive compensation passed with 61.8M for, 586.8K against, 2.9M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.0,"calibrated_materiality_score":0.0,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90804,"accession_number":"0001193125-26-204105","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2026-05-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Innovex Q1 revenue $239M, net loss $17M; Adj. EBITDA $49M beat guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $239M, down 13% QoQ, down 1% YoY; net loss $16.7M vs net income of $14.0M in Q1 2025.","Adjusted EBITDA $49.3M (21% margin), exceeding high end of guidance; margin improved from 19% a year ago.","Closed acquisition of Drilling Innovative Solutions for $16M (~4x TTM EBITDA); awarded two >$20M subsea projects in Asia.","Repurchased $14.1M of shares at $24.59/share; ended Q1 with $201M cash and no bank debt."],"consensus_eps_estimate":0.2729,"consensus_eps_actual":-0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":239031000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100618,"accession_number":"0001193125-26-102394","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Innovex subsidiary hit with $47.6M jury verdict in patent infringement suit by Impulse","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Jury found DWS infringed three Impulse patents on friction reduction tools; infringement deemed willful.","Approx. $47.6M in monetary damages awarded; amount may change before final judgment.","Innovex strongly disagrees, plans post-trial motions and appeal to Federal Circuit.","No judgment entered yet; case in U.S. District Court for Southern District of Texas."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100617,"accession_number":"0001193125-26-082802","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2026-02-27T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Innovex secondary offering of 5.75M shares at $25.75; co. repurchases 575k shares for $14.1M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Selling stockholders (Amberjack affiliates) sold 5,750,000 shares at $25.75; underwriters exercised option for 862,500 shares fully.","Company did not receive any proceeds from the secondary offering.","Company repurchased 575,000 shares from underwriters for ~$14.1M under existing buyback program.","After repurchase, $76.6M remains under share repurchase program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100616,"accession_number":"0001193125-26-064279","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Innovex Q4 revenue $274M, up 14% QoQ; full year net income $83M vs $140M prior year","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $274M, up 14% sequentially; net income $14M, margin 5%.","Adjusted EBITDA $52M in Q4 (19% margin); full year $188M vs $139M in 2024.","Free cash flow $43M in Q4, $156M for full year 2025; conversion 83% of Adj. EBITDA.","Ended year with $203M cash and no bank debt; ROCE 10% for full year.","Completed tenth XPak installation in Brazil; exiting legacy Eldridge facility by Q2 2026."],"consensus_eps_estimate":0.3335,"consensus_eps_actual":1.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":978251000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116932,"accession_number":"0001193125-25-274166","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Carri Lockhart resigns from Innovex Board effective March 2, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Carri Lockhart notified the Board of her resignation as director, effective March 2, 2026.","She currently serves as chair of the Nominating and Governance Committee and as a member of the Audit Committee.","Resignation did not arise from any disagreement with the Company on operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116931,"accession_number":"0001193125-25-262651","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Innovex Q3 revenue $240M (+7% QoQ); closes $90M facility sale, signs OneSubsea deal","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $240M, up 7% QoQ; net income $39M (16% margin); adjusted EBITDA $44M (18% margin).","Closed sale of Eldridge legacy facility for $90M; net proceeds $87M strengthened cash position.","Signed exclusive subsea wellhead provider agreement with OneSubsea, expected to grow market share.","Free cash flow $37M; remaining share repurchase authorization ~$90.7M.","Subsea on-time delivery improved to 76%; facility relocation costs weighed on margins."],"consensus_eps_estimate":0.3203,"consensus_eps_actual":1.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":704649000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133374,"accession_number":"0000950170-25-103133","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Innovex Q2 revenue $224M (-7% QoQ), Adj. EBITDA $47M; closes Citadel acquisition, issues Q3 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $224M, net income $15M; Adjusted EBITDA $47M (21% margin); FCF $52M; capex $7M (3% revenue).","Closed $70M cash acquisition of Citadel Casing Solutions (3.8x LTM EBITDA, 8% EPS accretive) on May 30.","Q3 2025 guidance: revenue $230-240M, Adj. EBITDA $40-45M (down from Q2's $47M).","Repurchased 588,488 shares in Q2 at avg $14.70; $100M repurchase program remains active.","Ended Q2 with $69M cash, $41M debt (net cash); expects Q3 close on Eldridge facility sale."],"consensus_eps_estimate":0.3029,"consensus_eps_actual":0.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":464649000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150041,"accession_number":"0000950170-25-082515","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Innovex awards RSUs and performance units to CEO, CFO, and President","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Adam Anderson granted 68,073 RSUs and 68,073 performance units; CFO Kendal Reed and President Mark Reddout each 25,527 RSUs and 25,527 performance units.","RSUs vest in three equal annual installments on Apr 4, 2026, 2027, and 2028, subject to continued employment.","Performance units vest based on TSR vs. VanEck OIH Index and ROCE over 3-year period ending Dec 31, 2027 (0%–200% of target).","Upon a qualifying termination, unvested RSUs accelerate for 24 months (CEO) or 12 months (others); prorated performance units may vest."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150040,"accession_number":"0000950170-25-071779","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-05-15T23:59:59+00:00","items":["5.02","5.03","5.07","9.01"],"status":"ready","headline":"Innovex shareholders approve doubling authorized shares to 200M, adopt 2025 LTIP","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment increases authorized common stock from 100M to 200M shares; becomes effective May 14, 2025.","2025 Long-Term Incentive Plan approved, authorizing up to 5M shares for issuance.","Directors Terence Jupp, Carri Lockhart, Jason Turowsky elected to three-year terms.","PricewaterhouseCoopers LLP ratified as independent auditor for fiscal year 2025.","Advisory vote on executive compensation approved with ~61.1M for vs 0.97M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150039,"accession_number":"0000950170-25-064537","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Innovex Q1 revenue $240M, Adj EBITDA $46M, sells facility for $95M, guides Q2 lower","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $240M (-4% QoQ), net income $15M, Adjusted EBITDA $46M (19% margin).","Sold legacy Dril-Quip Eldridge facility for $95M to free up capital for margins.","Repurchased 395,234 shares at avg $14.94 under new $100M buyback program.","Q2 guidance: revenue $225-235M, Adj EBITDA $40-45M, citing Mexico softness and slight NAM declines.","Free cash flow $24M (52% of Adj EBITDA); net cash $43M with $103M revolver availability."],"consensus_eps_estimate":null,"consensus_eps_actual":0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":240415000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150038,"accession_number":"0000950170-25-058782","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-04-25T23:59:59+00:00","items":["1.01","2.02","7.01","9.01"],"status":"ready","headline":"Innovex to sell Eldridge facility for $95M; prelim Q1 rev ~$240M vs guidance $245-255M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale of Houston campus to BIG Acquisitions LLC for $95M; expected close Q3 2025; short-term lease until Dec 2025 at $650K/mo.","Proceeds represent ~9% of current market cap; bolsters net cash position; reduces Houston Subsea footprint by 82%.","Q1 2025 revenue expected ~$240M (guidance $245-255M); weakness in Mexico far greater than projected.","Preliminary Q1 Adjusted EBITDA of $44-46M; company retains $100M share buyback authorization and active M&A pipeline.","Sale supports strategy of flexible cost structure and conservative balance sheet; no disruption to customer deliveries expected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169043,"accession_number":"0000950170-25-034866","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-03-06T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Innovex appoints Will Donnell as Class II director following Patrick Connelly's passing","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Will Donnell appointed to fill vacancy left by deceased director Patrick Connelly, effective March 3, 2025.","Mr. Donnell will serve until the 2026 annual meeting; standard annual fee of $75,000.","Company entered into indemnification agreement with Mr. Donnell on March 4, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169042,"accession_number":"0000950170-25-027924","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Innovex Q4 2024 earnings call transcript omits results; director Patrick Connelly dies","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["CEO Adam Anderson announced unexpected passing of director Patrick Connelly on Feb 26, 2025.","Company hosted Q4 and full-year 2024 earnings conference call and webcast on Feb 26.","Transcript furnished as Exhibit 99.1 includes only opening remarks; no financial results provided.","Investor presentation and earnings press release posted on company website."],"consensus_eps_estimate":null,"consensus_eps_actual":2.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":660803000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169041,"accession_number":"0000950170-25-026606","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2025-02-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Innovex Q4 revenue $251M (+65% QoQ); achieves $30M merger synergies early; announces $100M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $251M (+65% QoQ); net income $32M (13% margin); Adjusted EBITDA $49M (20% margin).","Achieved $30M annualized merger cost synergies five months after closing Dril-Quip merger (Sept 6, 2024).","Announced $100M share buyback authorization; acquired SCF Machining Corp and Downhole Well Solutions (DWS).","Signed MSA with OneSubsea to provide wellheads on Integrated/EPCI contracts."],"consensus_eps_estimate":null,"consensus_eps_actual":2.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":660803000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186128,"accession_number":"0001193125-24-274820","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-12-11T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Innovex International exploring sale of its Eldrige facilities in Houston","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Pursuing sale of facilities at 6401 N Eldridge Pkwy, Houston, TX as part of infrastructure assessment.","No definitive agreement, price, or timing has been determined for the potential sale.","Sale intended to improve customer responsiveness and overall profitability.","No assurance that a sale will ultimately be completed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186127,"accession_number":"0001193125-24-268359","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-12-02T23:59:59+00:00","items":["1.01","2.01","3.02","7.01","9.01"],"status":"ready","headline":"Innovex acquires 80% of Downhole Well Solutions for $103.7M ($68M cash + stock)","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $103.7M: $68M cash and 1,918,558 shares of Innovex common stock.","DWS offers drilling optimization and friction reduction tools for US Land markets; founded 2019.","$4M of purchase price held back for patent litigation (Impulse Downhole Solutions case).","Innovex previously held minority stake; CEO says acquisition adds industry-leading technology.","DWS management sees international expansion opportunities through Innovex platform."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186126,"accession_number":"0000950170-24-123244","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Innovex Q3 2024 revenue $152M, net income $83M on $93M bargain purchase gain, diluted EPS $1.99","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $152M (+17% QoQ); net income $83M (54% margin) includes $93M bargain purchase gain from Dril-Quip merger.","Diluted EPS $1.99; loss from operations $13M; adjusted EBITDA $27M (18% margin vs 23% prior quarter).","Achieved 100% of year-one cost synergy target ($15M annualized); CEO cites improved on-time delivery efforts.","Free cash flow $20M; net cash from operations $22M; ROCE 9% (down from 17% in Q2)."],"consensus_eps_estimate":null,"consensus_eps_actual":3.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":410116000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186125,"accession_number":"0001193125-24-237602","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-10-15T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Innovex settles stockholder lawsuit for $540K; 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PwC approved as successor same day.","GT's prior reports on Pre-Merger Innovex for FY 2022 and 2023 were unqualified; no disagreements occurred.","A material weakness in Pre-Merger Innovex's ICFR was previously disclosed in the S-4 registration statement.","A separate material weakness in Dril-Quip's ICFR (inventory write-down classification) was identified and disclosed.","Auditor change stems from reverse-acquisition accounting treatment of the Dril-Quip / Innovex merger."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202741,"accession_number":"0001193125-24-219679","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K/A","filed_at":"2024-09-16T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Pre-Merger Innovex audited financials show 2023 rev $555.5M, net income $73.9M, accounting acquirer","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Revenue grew to $555.5M in 2023 (18.9% YoY) from $467.2M in 2022 and $294.8M in 2021.","Net income $73.9M ($4.60 diluted EPS) in 2023 vs $63.3M ($4.05) in 2022 and $9.9M ($0.68) in 2021.","Income from operations increased to $97.4M in 2023 from $76.6M in 2022.","Total assets $475.3M, equity $328.9M as of Dec 31, 2023.","Unaudited pro forma combined financials as of June 30, 2024 included."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202743,"accession_number":"0001193125-24-218005","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-09-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Innovex engages former CFO Kyle McClure as independent contractor to assist with Saudi Arabia financial settlement","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Former CFO Kyle McClure engaged as independent contractor for $10,000/month plus $10,000 per out-of-country trip, from Sept 9 to Oct 8, 2024.","McClure will assist with financial settlement with Al Qahtani for previous services and product delivered in Saudi Arabia.","Agreement is at-will; fees payable upon approved monthly invoices.","No other executive changes reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202742,"accession_number":"0001193125-24-215264","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-09-06T23:59:59+00:00","items":["1.01","2.01","2.03","3.02","3.03","5.01","5.02","5.03","7.01","9.01"],"status":"ready","headline":"Dril-Quip and Innovex merger closes; combined co. renamed Innovex International, Inc. (INVX)","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Pre-Merger Innovex shareholders received ~32.2M shares; combined co. owned 52% by Dril-Quip holders, 48% by Innovex.","Board expanded to nine; five new directors from Pre-Merger Innovex; Amberjack gets designee rights tied to ownership.","Entered $110M revolver and ~$30M term loan with PNC, matures June 2026; total leverage ratio covenant ≤2.50x.","Registration rights agreement with Amberjack affiliates; shelf registration to be filed within 10 business days.","Indemnification agreements entered with all directors; credit facility jointed by company and subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202740,"accession_number":"0001193125-24-214232","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-09-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Dril-Quip stockholders approve share issuance for Innovex merger; incentive plan fails","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposal 1 (share issuance for mergers) approved: 20,589,605 for, 10,994,983 against.","Proposal 4 (Innovex 2024 long-term incentive plan) defeated: 14,100,027 for, 17,531,765 against.","Proposal 5 (non-binding advisory compensation vote) approved: 18,985,186 for, 12,627,438 against.","Proposals 2 (charter amendment) and 3A-F (governance) were withdrawn before the special meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202739,"accession_number":"0001193125-24-206725","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-08-26T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Dril-Quip withdraws charter amendment proposal for Innovex merger; waives condition","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Waiver executed Aug 25, 2024: charter amendment (Proposal 2) and governance proposals (3A-F) withdrawn from Sep 5 special meeting.","Approval of stock issuance proposal (Proposal 1) is now the only stockholder condition to close the merger.","Dril-Quip board unanimously recommends voting FOR remaining proposals; merger remains on track.","Decision follows shareholder feedback on governance provisions; parties aim to increase likelihood of closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202738,"accession_number":"0001193125-24-202533","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-08-19T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"ISS recommends Dril-Quip stockholders vote FOR merger with Innovex","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["ISS recommends voting \"FOR\" the merger, citing strategic rationale and financial benefits.","Expected annual cost savings of nearly $30 million and additional revenue synergies.","Combined company to maintain net cash position of approximately $100 million post-close.","Special meeting to be held on September 5, 2024 at 9:30 a.m. CT.","Dril-Quip Board unanimously recommends voting FOR all proposals, including merger and governance items."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202737,"accession_number":"0001193125-24-198364","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-08-12T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Dril-Quip and Innovex provide joint investor presentation for proposed merger","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Dril-Quip and Innovex furnished a supplemental investor presentation for their proposed business combination.","SEC declared the Form S-4 registration statement effective on August 6, 2024.","Definitive proxy statement/prospectus filed and mailed to Dril-Quip stockholders on August 6, 2024.","Stockholders are urged to read the proxy statement/prospectus for important merger details."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202736,"accession_number":"0000950170-24-089244","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Dril-Quip Q2 revenue $120.3M (+34% YoY), net loss $1.8M; Innovex merger on track","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $120.3M (+9.1% seq, +34.3% YoY); net loss $1.8M vs $20.0M loss in Q1 2024.","Adjusted EBITDA $16.5M, up $6.3M seq; margin 13.7% from 9.2% in Q1.","Subsea Products gross bookings $54.1M; net $12.8M after $39.6M customer cancellation (Australia campaign).","Merger with Innovex on track for Q3 2024; earnings guidance suspended due to pending transaction.","Well Construction segment (acquired) >40% of revenue; proforma onshore ops now ~33% of total."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":230640000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202733,"accession_number":"0000950170-24-089318","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K/A","filed_at":"2024-08-01T23:59:59+00:00","items":["4.02"],"status":"ready","headline":"Dril-Quip amends Item 4.02; 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Fink to board, filling vacancy","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Benjamin M. 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FY 2024 EBITDA guidance $65-75M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $126.3M, up 31% YoY; net income $1.8M vs net loss $0.3M a year ago.","Q4 adjusted EBITDA $16.5M (+61% YoY); net bookings $122.7M, +$76.2M sequential.","Full year 2023 revenue $424.1M (+17% YoY); adjusted EBITDA $46.5M (+56% YoY).","FY 2024 outlook: revenue growth 15-20%, adjusted EBITDA $65-75M, subsea product bookings $200-225M.","Secured ~$40M subsea production system in Australia; 3-year CNOOC deepwater wellhead contract."],"consensus_eps_estimate":null,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":424060000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256289,"accession_number":"0000950170-23-055610","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2023-10-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dril-Quip Q3 2023: Revenue up 31% sequentially to $117M, net loss $7.0M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $7.0M ($0.21 loss per share) vs net income $13.3M in Q3 2022.","Adjusted EBITDA $12.4M, up from $8.8M in Q2 2023; gross margin 27.0%.","Free cash flow $21.4M, highest since 2017; cash from ops $26.8M.","Net bookings $46.5M, down 36% sequentially; Great North acquisition contributed $15.5M revenue.","Awarded Petrobras wellhead tender worth up to $28M; expects positive Q4 free cash flow."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":297716000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273702,"accession_number":"0001193125-23-215985","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K/A","filed_at":"2023-08-18T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Dril-Quip board sets annual Say-on-Pay votes through 2029","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board adopts annual frequency for Say-on-Pay advisory votes based on May 2023 shareholder vote.","Next required shareholder vote on frequency is expected at the 2029 Annual Meeting.","Decision aligns with stockholders' non-binding recommendation for every-year votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273703,"accession_number":"0000950170-23-035928","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2023-07-31T23:59:59+00:00","items":["1.01","2.01","2.02","7.01","9.01"],"status":"ready","headline":"Dril-Quip acquires Great North Wellhead for ~$80M CAD; Q2 revenue $89.6M, net income $3.5M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Great North Wellhead for $105M CAD (~$80M USD) cash, plus up to $30M CAD earnout based on revenue growth targets.","Q2 revenue $89.6M (-5% YoY); net income $3.5M ($0.10 EPS) vs net loss $5.6M a year ago.","Net bookings $72.7M (+47% YoY); book-to-bill ratio 1.2x.","Adjusted EBITDA $8.8M (flat sequentially); gross margin 26.7%.","FY2023 revenue target raised to ~20% growth over 2022; H2 revenue guided $240-250M; EBITDA margins 14-16%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290724,"accession_number":"0001193125-23-148118","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2023-05-18T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Dril-Quip amends bylaws and reports annual meeting voting results","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Bylaws amended to enhance disclosure requirements for stockholder proposals and director nominations.","Jeffrey J. Bird and John V. 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bookings fall 43% sequentially; provides FY2023 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $90.9M (+9% YoY, -6% sequential); net income $2.3M ($0.07 EPS) vs. loss of $0.3M in Q4'22.","Adjusted EBITDA $8.8M (up from $3.2M YoY); gross margin 27.9% (-333bps sequentially, +489bps YoY).","Net bookings $53.5M, down 43% sequentially and 20% YoY; management expects bookings growth through year on MSA activity.","FY2023 outlook: revenue growth 10%, bookings growth 10-20%, adjusted EBITDA incremental margins 40-60%, capex $25-30M.","Free cash flow negative $58.3M on working capital timing; expects $40M cash from AR reduction by Q3 2023; $103M buyback authorization remains."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":90865000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1871638510.273418,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311588,"accession_number":"0000950170-23-004637","cik":1042893,"company_name":"Innovex International, Inc.","ticker":"INVX","form_type":"8-K","filed_at":"2023-02-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Dril-Quip Q4 revenue $96.8M (+24% YoY); 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