Innovex Announces Fourth-Quarter and Full Year 2025 Results

Innovex International, Inc. (NYSE: INVX) (“Innovex,” the “Company” or “we”) today announced financial and operating results for the fourth quarter and full year 2025. Innovex Announces Fourth-Quarter and Full Year 2025 Results. Revenue of $274 million, up 14% sequentially. Fourth Quarter and Full Year Highlights Revenue of $274 million for Q4, up 14% quarter over quarter Net Income of $14 million and Net Income Margin of 5% for Q4 Adjusted EBITDA 1 of $52 million and Adjusted EBITDA Margin 1 of 19% for Q4 Net Cash Provided by Operating Activities of $52 million for Q4 Free Cash Flow 1 of $43 million for Q4 and $156 million for full year 2025 Income from Operations of $133 million for full year 2025 Return on Capital Employed 1 of 10% for full year 2025 $203 million of cash and cash equivalents and no bank debt at year end Delivered first subsea wellhead products under the global Innovex-OneSubsea alliance Completed tenth successful XPak installation in Brazil’s pre-salt fields Made