secwatch.observer — SEC 8-K summary
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Issuer:     Innovex International, Inc. (INVX)
CIK:        0001042893
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001193125-25-262651
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innovex Q3 revenue $240M (+7% QoQ); closes $90M facility sale, signs OneSubsea deal
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042893/000119312525262651/0001193125-25-262651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042893/000119312525262651/invx-20251103.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-262651

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer