---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-013365"
form_type: "8-K"
ticker: "INVX"
cik: "0001042893"
company_name: "Innovex International, Inc."
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:14:38.338809+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dril-Quip Q2 revenue $94M, net loss $5.6M; reaffirms 10% full-year growth target

## Summary
- Revenue $94.0M, up 13% sequentially; net loss $5.6M ($0.16/sh) vs. Q1 loss $9.0M.
- Adjusted EBITDA $9.3M (9.9% margin), up from $3.2M in Q1; free cash flow negative $10.6M.
- Booked $49.6M net new orders; repurchased $3.8M shares at avg $24.49/share.
- Expects real estate sales to close in Q3 with combined net proceeds $40-50M; GHG target 50% reduction by 2030.
- Reaffirms full-year 2022 revenue growth of ~10% vs 2021.

## SEC filing metadata
- accession: 0000950170-22-013365
- form_type: 8-K
- ticker: INVX
- cik: 0001042893
- company_name: Innovex International, Inc.
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042893/000095017022013365/0000950170-22-013365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042893/000095017022013365/drq-20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-013365
- JSON: https://secwatch.observer/filing/0000950170-22-013365.json
- Plain text: https://secwatch.observer/filing/0000950170-22-013365.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.