Innovex Announces Second Quarter 2026 Results

Innovex International, Inc. (NYSE: INVX) (“Innovex,” the “Company” or “we”) today announced financial and operating results for the second quarter of 2026. Innovex delivered an excellent second quarter – with revenue at the high end of the guidance range and strong operational execution across the business. Second Quarter Highlights Revenue of $245 million, up 2% quarter-over-quarter and up 9% year-over-year Net Income of $25 million and Net Income Margin of 10% Adjusted EBITDA 1 of $48 million and Adjusted EBITDA Margin 1 of 20% Net Cash Provided by Operating Activities of $37 million Free Cash Flow 1 of $30 million Income from Operations of $100 million (twelve months ended June 30, 2026) Return on Capital Employed 1 of 12% (twelve months ended June 30, 2026) $222 million of cash and cash equivalents and no bank debt at quarter-end Awarded an additional $20 million subsea tension riser package for an operator in Malaysia, with follow-on wellhead awards anticipated Completed the