---
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"
generated_at: "2026-05-14T23:48:46.410058+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Innovex Q1 revenue $239M, net loss $17M; Adj. EBITDA $49M beat guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-204105
- JSON: https://secwatch.observer/filing/0001193125-26-204105.json
- Plain text: https://secwatch.observer/filing/0001193125-26-204105.txt

## Key facts
- Earnings Releases
  Innovex International, Inc. reported the quarter ended March 31, 2026 results: revenue $239 million, net income Net Loss of $17 million.
  - Period: the quarter ended March 31, 2026
  - Revenue: $239 million
  - Net income: Net Loss of $17 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1042893/000119312526204105/0001193125-26-204105-index.htm

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