Innovex International Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	955.34	660.8	555.54	467.19	294.84
Revenue Growth (YoY)	75.84%	18.95%	18.91%	58.45%	-
Cost of Revenue	646.3	428.17	360.1	309.07	207.45
Gross Profit	309.04	232.63	195.44	158.12	87.4
Selling, General & Admin	135.04	116.18	72.8	59.19	50.78
Amortization of Goodwill & Intangibles	-	-	-	-	5.32
Operating Expenses	192.36	147.39	95.46	77.66	68.52
Operating Income	116.68	85.24	99.98	80.46	18.88
Interest Expense	-2.3	-2.43	-5.51	-4.03	-2.16
Earnings From Equity Investments	0.39	2.62	2.98	-	-
Other Non Operating Income (Expenses)	-0.7	-0.3	-0.39	1.12	3.52
EBT Excluding Unusual Items	114.07	85.13	97.07	77.54	20.25
Merger & Restructuring Charges	-20.87	-33.3	-2.33	-2.94	-4.8
Gain (Loss) on Sale of Investments	8.04	8.04	-	-	-
Gain (Loss) on Sale of Assets	41.36	0.65	-0.11	-0.71	-1.75
Asset Writedown	-3.43	-3.52	-0.27	-0.96	-
Other Unusual Items	-10.19	85.81	-	-	-
Pretax Income	128.98	142.81	94.37	72.93	13.7
Income Tax Expense	27.86	2.49	20.44	9.65	3.84
Net Income	101.12	140.33	73.93	63.28	9.85
Net Income to Common	101.12	140.33	73.93	63.28	9.85
Net Income Growth	-20.37%	89.82%	16.83%	542.22%	-
Shares Outstanding (Basic)	76	50	31	31	15
Shares Outstanding (Diluted)	76	51	32	31	15
Shares Change (YoY)	119.00%	56.55%	2.85%	115.52%	-
EPS (Basic)	1.33	2.82	2.39	2.07	0.68
EPS (Diluted)	1.32	2.77	2.29	2.01	0.68
EPS Growth	-63.82%	20.96%	13.93%	197.63%	-
Free Cash Flow	141.19	79.85	60.38	-15.39	-8.47
Free Cash Flow Per Share	1.85	1.58	1.87	-0.49	-0.58
Gross Margin	32.35%	35.20%	35.18%	33.84%	29.64%
Operating Margin	12.21%	12.90%	18.00%	17.22%	6.40%
Profit Margin	10.59%	21.24%	13.31%	13.54%	3.34%
Free Cash Flow Margin	14.78%	12.08%	10.87%	-3.29%	-2.87%
EBITDA	174	116.45	122.64	98.92	36.61
EBITDA Margin	18.21%	17.62%	22.08%	21.17%	12.42%
D&A For EBITDA	57.32	31.21	22.66	18.47	17.74
EBIT	116.68	85.24	99.98	80.46	18.88
EBIT Margin	12.21%	12.90%	18.00%	17.22%	6.40%
Effective Tax Rate	21.60%	1.74%	21.66%	13.23%	28.05%
Revenue as Reported	955.34	660.8	555.54	467.19	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q