---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-103133"
form_type: "8-K"
ticker: "INVX"
cik: "0001042893"
company_name: "Innovex International, Inc."
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T20:23:03.909923+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Innovex Q2 revenue $224M (-7% QoQ), Adj. EBITDA $47M; closes Citadel acquisition, issues Q3 guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-103133
- form_type: 8-K
- ticker: INVX
- cik: 0001042893
- company_name: Innovex International, Inc.
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042893/000095017025103133/0000950170-25-103133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042893/000095017025103133/invx-20250805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-103133
- JSON: https://secwatch.observer/filing/0000950170-25-103133.json
- Plain text: https://secwatch.observer/filing/0000950170-25-103133.txt

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