Innovex reported Q1 FY2026 revenue of $239.0 million, down 57.6% year-over-year. Net loss was $16.7 million, compared to net income in the prior year. Operating loss was $21.8 million, and diluted EPS was -$0.24. Equity stood at $1.03 billion.
•Revenue fell 57.6% YoY to $239.0 million.
•Net loss of $16.7 million vs. prior year profit.
•Operating loss of $21.8 million.
•Diluted EPS of -$0.24.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Innovex International designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry globally. It provides drilling enhancement tools to optimize drilling performance, increase rate of penetration, and mitigate downhole challenges
Fishing and intervention which supports workover, intervention, drilling and completion activities, as well as manufactures and sells products including external catch tools, internal catch tools, and related fishing and remedial tools
Well production solutions comprising products and services that enable artificial lift in wells and provides artificial lift accessory products and services Wellhead penetrators, tubing hangers and adapters, ESP cable management, and spooling services. Its portfolio also includes service, mileage, and others, subsea equipment and engineered systems for offshore applications
Including subsea wellheads, subsea connectors, casing connectors, deepwater centralization solutions, and diverter systems, and surface wellhead systems. Additionally, it provides well completion portfolio comprising products used to enable a well to be stimulated and put on production, such as liner hanger systems, toe initiation products, frac plugs, completion packers, casing flotation products, and related completion accessories
Well construction portfolio that consists of products designed to ensure the structural integrity of the wellbore products utilized to support effective cement placement between the wellbore and casing. It sells and rents its products to international and national oil companies, independent exploration and production companies, and multinational service companies.
Its products have applications in the onshore and offshore oil and natural gas wells, including well construction, well completion, and well production and intervention. Founded in 2016, the company is headquartered in Humble, Texas.
Innovex International, Inc. designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry globally. Its offerings include drilling enhancement tools that optimize drilling performance and increase rate of penetration, as well as fishing and intervention tools for workover and completion activities. The company also provides well production solutions such as artificial lift systems, wellhead penetrators, tubing hangers, and ESP cable management. Additionally, it supplies subsea equipment and engineered systems for offshore applications, including subsea wellheads, connectors, and deepwater centralization solutions. Its well completion portfolio includes liner hanger systems, frac plugs, and completion packers, while its well construction portfolio focuses on products that ensure wellbore structural integrity and effective cement placement.
Where is Innovex International listed and what currency does it trade in?
Innovex International, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol INVX. The company trades in US Dollars (USD), as it is headquartered in the United States. Being listed on the NYSE provides investors with access to a major global exchange, and the use of USD facilitates trading for both domestic and international investors.
What sector and industry does Innovex International operate in?
Innovex International operates in the Energy sector, specifically within the Oil & Gas Equipment & Services industry. This means the company provides specialized equipment and services that support the exploration, drilling, completion, and production of oil and natural gas. Its products are essential for upstream operations, helping energy companies improve drilling efficiency, maintain well integrity, and enhance production rates.
What are the main product segments of Innovex International?
Innovex International's product portfolio is organized into several key segments. Drilling enhancement tools are designed to optimize drilling performance and mitigate downhole challenges. Fishing and intervention tools support workover, intervention, and completion activities, including external and internal catch tools. Well production solutions include artificial lift products and services, wellhead penetrators, tubing hangers, and ESP cable management. The company also offers subsea equipment for offshore applications, such as subsea wellheads, connectors, and deepwater centralization systems. Additionally, its well completion portfolio features liner hanger systems, toe initiation products, frac plugs, and completion packers, while the well construction portfolio includes products that ensure wellbore structural integrity and effective cement placement.
Does Innovex International serve markets outside the United States?
Yes, Innovex International serves the oil and natural gas industry globally. While the company is headquartered in the United States, its products and services are marketed and rented to customers worldwide. The company's global reach is evident from its description, which states that it operates internationally, providing mission critical engineered products to the oil and natural gas industry across various regions. This includes support for offshore and onshore operations in multiple countries.