INVX Innovex International, Inc.
FY2025 10-K
Innovex International, Inc. (INVX) filed its fiscal year 2025 10-K annual report with the SEC on Feb 24, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2025 10-K
Business Overview
- • Core business: Designs, manufactures, sells, rents engineered well-centric products for global oil and gas industry lifecycle
- • New segments: Completed merger with Dril-Quip to form Innovex International, plus acquired Downhole Well Solutions (80%), SCF Machining, Citadel Casing Solutions
Management Discussion & Analysis
- • Revenue $978.3M, up 48% YoY (+$317.4M), driven by NAM $511.2M (+$150.1M) and International/Offshore $467.1M (+$167.4M) growth
- • Income from operations $132.6M, up 170% YoY; net income $83.3M, down 41% YoY; adjusted EBITDA margin 19% vs 21% prior year
Risk Factors
- • Regulatory risk from exclusion of Iran, Venezuela, Cuba, Russia, China in Rystad Energy upstream spending forecast impacting $200 million credit availability
- • Geopolitical exposure in Middle East growth, specifically Saudi Arabia, driving increasing international & offshore revenue (48% total)
Get deeper insights on Innovex International, Inc.
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.