Innovex International Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	976.87	978.25	660.8	555.54	467.19	322.45
Revenue Growth (YoY)	26.34%	48.04%	18.95%	18.91%	44.89%	-11.65%
Cost of Revenue	665.58	674.97	428.17	360.1	309.07	309.27
Gross Profit	311.29	303.28	232.63	195.44	158.12	13.18
Selling, General & Admin	138.19	128.79	116.18	72.8	59.19	115.04
Depreciation & Amortization Expenses	62.02	60.74	31.21	22.66	18.47	-
Research & Development	-	-	-	-	-	15.1
Other Operating Expenses	103.44	-18.88	36.17	2.7	4.61	8.38
Total Operating Expenses	303.65	170.66	183.56	98.16	82.27	138.52
Operating Income	7.63	132.63	49.08	97.28	75.84	-125.34
Interest Income	-	-	2.62	2.98	-	-0.21
Interest Expense	-1.49	-2.58	-2.43	-5.51	-4.03	-
Other Non-Operating Income (Expense)	-4.81	-5.17	94.15	0.39	-1.12	-
Total Non-Operating Income (Expense)	-6.3	-7.75	94.33	-2.15	-5.15	-0.21
Pretax Income	85.57	128.53	142.81	94.37	72.93	-125.55
Provision for Income Taxes	33.7	45.23	2.49	20.44	9.65	2.95
Net Income	51.87	83.3	140.33	73.93	63.28	-128.49
Net Income to Common	51.87	83.3	140.33	73.93	63.28	-128.49
Net Income Growth	-62.59%	-40.64%	89.82%	16.83%	-	-
Shares Outstanding (Basic)	69	69	50	31	31	35
Shares Outstanding (Diluted)	69	69	51	32	31	35
Shares Change (YoY)	16.44%	37.04%	56.55%	2.85%	-11.00%	0.20%
EPS (Basic)	0.75	1.21	2.82	2.39	2.07	-3.63
EPS (Diluted)	0.75	1.20	2.77	2.29	2.01	-3.63
EPS Growth	-74.75%	-56.68%	20.96%	13.93%	-	-
Shares Outstanding	68.64	69.08	69.18	30.93	34.16	34.77
Free Cash Flow	145.76	155.78	79.85	60.38	-15.39	28.44
Free Cash Flow Growth	-6.43%	95.10%	32.24%	-	-	-
Free Cash Flow Per Share	2.10	2.25	1.58	1.87	-0.49	0.80
Gross Margin	31.87%	31.00%	35.20%	35.18%	33.84%	4.09%
Operating Margin	0.78%	13.56%	7.43%	17.51%	16.23%	-38.87%
Profit Margin	5.31%	8.51%	21.24%	13.31%	13.54%	-39.85%
FCF Margin	14.92%	15.92%	12.08%	10.87%	-3.29%	8.82%
EBITDA	69.65	193.37	80.28	119.94	94.31	-94.95
EBITDA Margin	7.13%	19.77%	12.15%	21.59%	20.19%	-29.45%
EBIT	7.63	132.63	49.08	97.28	75.84	-125.34
EBIT Margin	0.78%	13.56%	7.43%	17.51%	16.23%	-38.87%
Effective Tax Rate	39.38%	35.19%	1.74%	21.66%	13.23%	-2.35%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q