Innovex International Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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

Updated Feb 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q