Latest revenue
$239.0M
as of 2026-03-31
Latest net income
$-16.7M
as of 2026-03-31
Net margin
-7.0%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $2.07B
- Enterprise value
- $2.07B
- P/E (trailing)
- 24.8×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $32.25
- 52-wk low
- $13.44
- Beta
- —
- Shares out
- 68.8M
5-year trend
What this company does
ITEM 1. BUSINESS General Innovex designs, manufactures, sells and rents mission critical engineered products to the global oil and natural gas industry. Our vision has been to create a global leader in well-centric products and technologies through organic, customer-linked innovations and disciplined acquisitions to drive leading returns for our investors. On September 6, 2024, the transactions contemplated in the Merger Agreement, dated as of March 18, 2024 (the "Merger Agreement"), between Innovex Downhole Solutions, Inc. (“Legacy Innovex”) and Dril-Quip, Inc. (“Dril-Quip”) (the “Merger”) were consummated. Following the Merger, Legacy Innovex became a wholly owned subsidiary of Dril-Quip,…
AI summary unavailable — showing raw filing excerpt
Generated from INVX's filing dated 2026-02-24
Key risks
ITEM 1A. RISK FACTORS Risks Related to Our Business Our business and financial performance depends primarily upon the general level of activity in the oil and natural gas industry, including the number of drilling rigs in operation, the number of oil and natural gas wells being drilled, the volume of production, the number of well completions and the level of well remediation activity and the corresponding capital expenditures by oil and natural gas companies within North America, the Middle East, Latin America and Europe, among other global markets. A decline in prices for oil and natural gas may have an adverse effect on our revenue, cash flows, profitability and growth. Demand for most…
AI summary unavailable — showing raw filing excerpt
Generated from INVX's filing dated 2026-02-24
Profitability
Operating margin
13.6%
82.6%Net margin
8.5%
59.9%Return on equity
7.9%
46.2%Return on assets
6.6%
44.0%Leverage
Debt / equity
0.20×
20.3%Long-term debt / equity
0.02×
31.2%Debt / assets
16.6%
16.9%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $239.0M | -0.6% | $-16.7M | -213.0% | -7.0% |
Q4 2025 2025-12-31 | $273.6M | -43.0% | $14.0M | -67.6% | 5.1% |
Q3 2025 2025-09-30 | $240.0M | +58.1% | $39.2M | -52.5% | 16.3% |
Q2 2025 2025-06-30 | $224.2M | +1586.2% | $15.3M | +946.9% | 6.8% |
Q1 2025 2025-03-31 | $240.4M | +1446.3% | $14.8M | -10.1% | 6.1% |
Q4 2024 2024-12-31 | $480.1M | — | $43.1M | — | 9.0% |
Q3 2024 2024-09-30 | $151.8M | +1121.7% | $82.6M | +6760.2% | 54.4% |
Q2 2024 2024-06-30 | $13.3M | +32.4% | $-1.8M | -152.0% | -13.6% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Oil & Gas Field Machinery & Equipment · SIC 3533
Your notes
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Insider activity
Insider buying
$0
Insider selling
$326.9M
Net activity
−$326.9M
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns INVX
Institutional value
$504.3M
Total shares held
21.4M
Distinct holders
120
-69 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 6.0M | $147.3M | +166.8K (+2.8%) | Added |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.7M | $65.3M | — | New |
| 3 | DIMENSIONAL FUND ADVISORS LP | 2.6M | $64.5M | +335.8K (+14.5%) | Added |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.9M | $47.1M | — | New |
| 5 | Invesco Ltd. | 693.8K | $16.9M | +319.2K (+85.2%) | Added |
| 6 | INVESTMENT MANAGEMENT ASSOCIATES INC /ADV | 631.7K | $15.4M | +20 (+0.0%) | Added |
| 7 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 587.1K | $14.3M | +1.7K (+0.3%) | Added |
| 8 | Nuveen, LLC | 433.0K | $10.6M | -3.5K (-0.8%) | Trimmed |
| 9 | HEARTLAND ADVISORS INC | 407.3K | $9.9M | +107.3K (+35.8%) | Added |
| 10 | UBS Group AG | 348.8K | $8.5M | +247.8K (+245.5%) | Added |
| 11 | VANGUARD FIDUCIARY TRUST CO | 252.9K | $6.2M | — | New |
| 12 | Bank of New York Mellon Corp | 246.2K | $6.0M | -10.4K (-4.1%) | Trimmed |
| 13 | De Lisle Partners LLP | 235.1K | $5.7M | +7.0K (+3.1%) | Added |
| 14 | PRINCIPAL FINANCIAL GROUP INC | 231.4K | $5.6M | -4.5K (-1.9%) | Trimmed |
| 15 | JUPITER ASSET MANAGEMENT LTD | 208.2K | $5.1M | +197.8K (+1892.8%) | Added |
| 16 | Fisher Asset Management, LLC | 195.3K | $4.8M | -6.4K (-3.2%) | Trimmed |
| 17 | FIRST TRUST ADVISORS LP | 188.0K | $4.6M | -24.3K (-11.4%) | Trimmed |
| 18 | Moody Aldrich Partners LLC | 174.7K | $4.3M | — | New |
| 19 | Simcoe Capital LLC | 169.9K | $4.1M | +4.2K (+2.5%) | Added |
| 20 | Bridge City Capital, LLC | 167.2K | $4.1M | -2.4K (-1.4%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once INVX's latest filing finishes processing.