---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-089244"
form_type: "8-K"
ticker: "INVX"
cik: "0001042893"
company_name: "Innovex International, Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:36:49.949750+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dril-Quip Q2 revenue $120.3M (+34% YoY), net loss $1.8M; Innovex merger on track

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-089244
- form_type: 8-K
- ticker: INVX
- cik: 0001042893
- company_name: Innovex International, Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042893/000095017024089244/0000950170-24-089244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042893/000095017024089244/drq-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-089244
- JSON: https://secwatch.observer/filing/0000950170-24-089244.json
- Plain text: https://secwatch.observer/filing/0000950170-24-089244.txt

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