{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-204105","form_type":"8-K","ticker":"INVX","cik":"0001042893","company_name":"Innovex International, Inc.","filed_at":"2026-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.851344+00:00","generated_at":"2026-05-14T23:48:46.410058+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Innovex Q1 revenue $239M, net loss $17M; Adj. EBITDA $49M beat guidance","bullets":["Revenue $239M, down 13% QoQ, down 1% YoY; net loss $16.7M vs net income of $14.0M in Q1 2025.","Adjusted EBITDA $49.3M (21% margin), exceeding high end of guidance; margin improved from 19% a year ago.","Closed acquisition of Drilling Innovative Solutions for $16M (~4x TTM EBITDA); awarded two >$20M subsea projects in Asia.","Repurchased $14.1M of shares at $24.59/share; ended Q1 with $201M cash and no bank debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-204105","json":"https://secwatch.observer/filing/0001193125-26-204105.json","markdown":"https://secwatch.observer/filing/0001193125-26-204105.md","text":"https://secwatch.observer/filing/0001193125-26-204105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042893/000119312526204105/0001193125-26-204105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042893/000119312526204105/invx-20260504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:48:46.410058+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4cc1e830350a8423ff6f7f9e4cf50555ba64568f","claim":"Innovex International, Inc. reported the quarter ended March 31, 2026 results: revenue $239 million, net income Net Loss of $17 million.","evidence_excerpt":"Inc. (NYSE: INVX) (“Innovex,” the “Company” or “we”) today announced financial and operating results for the first quarter of 2026. First Quarter Highlights • Revenue of $239 million, down 13% quarter-over-quarter and down 1% year-over-year • Net Loss of $17 million and Net Loss Margin of (7)% • Adjusted EBITDA 1 of $49 million and Adjusted EBITDA Margin 1 of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1042893/000119312526204105/0001193125-26-204105-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"$239 million"},{"label":"Net income","value":"Net Loss of $17 million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}