secwatch.observer — SEC 8-K summary
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Issuer:     Innovex International, Inc. (INVX)
CIK:        0001042893
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0000950170-25-103133
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042893/000095017025103133/0000950170-25-103133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042893/000095017025103133/invx-20250805.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-103133

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