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Innovex International, Inc.

For the period ended Jun 30, 2026. Filed Aug 4, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 4, 2026

INVX$24.91-1.6%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations and Comprehensive Income

Three Months EndedJune 30,Six Months EndedJune 30,
(in thousands, except share and per share amounts)2026202520262025
Revenues
Products$167,379$149,449$330,274$316,799
Services31,70530,78262,84665,843
Rental45,81244,00390,80782,007
Total revenues244,896224,234483,927464,649
Cost of revenues(a)
Products124,732112,234247,984234,450
Services23,32326,02542,50055,324
Rental13,19314,25625,28626,652
Total cost of revenues161,248152,515315,770316,426
Selling, general and administrative expenses39,08928,83580,83761,184
Gain on sale of assets, net(9,853)(419)(11,873)(271)
Depreciation and amortization16,21314,97432,43529,919
Impairment of long-lived assets—503—3,427
Acquisition and integration costs1,6135,1313,2019,419
Provision for legal settlement2,804—51,607—
Income from operations33,78222,69511,95044,545
Interest (income) expense, net(653)551(1,041)1,251
Other income, net(972)(92)(822)(306)
Income before income taxes35,40722,23613,81343,600
Income tax expense10,3766,8915,45313,498
Net income25,03115,3458,36030,102
Earnings per common share
Basic$0.36$0.22$0.12$0.44
Diluted$0.36$0.22$0.12$0.43
Weighted average common shares outstanding
Basic68,793,16068,943,38768,866,31069,115,786
Diluted69,523,35969,147,45769,610,69369,330,598
Other comprehensive income
Net income$25,031$15,345$8,360$30,102
Foreign currency translation adjustment(440)6,7281,31011,344
Comprehensive income$24,591$22,073$9,670$41,446

(a)Cost of revenues excludes depreciation and amortization.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.