Results of Operations and Financial Condition · Regulation FD Disclosure
Item 2.02 Results of Operations and Financial Condition. On October 29, 2026, Innovex International, Inc. (the “Company”) issued a press release announcing its results for the quarter ended September 30, 2026. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.…
Filed Oct 29, 2026Accepted Oct 29, 2026, 4:20 PM EDTCIK 1042893Accession 0001193125-26-437829
Innovex International, Inc. (NYSE: INVX) is a Houston-based company established in 2024 following the merger of Dril-Quip, Inc. and Innovex Downhole Solutions, Inc. Innovex’s comprehensive portfolio extends throughout the lifecycle of the well, and innovative product integration ensures seamless transitions from one well phase to the next, driving efficiency, lowering costs, and reducing the rig site service footprint for the customer.
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Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On October 29, 2026, Innovex International, Inc. (the “Company”) issued a press release announcing its results for the quarter ended September 30, 2026. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
The Company’s press release announcing its results for the quarter ended September 30, 2026 contain certain non-GAAP financial measures (as defined under the Securities and Exchange Commission’s Regulation G). Generally, a non-GAAP financial measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with generally accepted accounting principles, or GAAP. The Company has provided reconciliations within the press release of the non-GAAP measures to the most directly comparable GAAP financial measure.
The information in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On October 29, 2026, the Company issued a press release announcing its results for the quarter ended September 30, 2026. A copy of the press release is set forth in Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01, is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act.
The Company announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, and on the Company’s investor relations website (https://investors.innovex-inc.com) as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Filed exhibits (1)
EX-99.1 (by filename) invx-ex99_1.htm
Innovex Announces Third Quarter 2026 Results
HOUSTON, October 29, 2026 - Innovex International, Inc. (NYSE: INVX) (“Innovex,” the “Company” or “we”) today announced financial and operating results for the third quarter of 2026.
Third Quarter Highlights
• Revenue of $265 million, up 8% quarter-over-quarter and up 10% year-over-year
• Net Income of $26 million and Net Income Margin of 10%
• Adjusted EBITDA1 of $55 million and Adjusted EBITDA Margin1 of 21%
• Net Cash Provided by Operating Activities of $39 million
• Free Cash Flow1 of $32 million
• Income from Operations of $70 million (twelve months ended September 30, 2026)
• Return on Capital Employed1 of 10% (twelve months ended September 30, 2026)
• $189 million of cash and cash equivalents and no bank debt at quarter-end
• Awarded $30+ million subsea wellhead contract with a major international operator in Indonesia
• Awarded additional $9+ million subsea work through our OneSubsea Alliance
• Supported successful installation of our 20K psi wellhead system for a major operator Offshore US
(1)
Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow and Return on Capital Employed (“ROCE”) are non-GAAP measures. Rec…