<span item_type="fundamental" item_id="1b4cbbe4351e9922da41ac79419e2c07" counter_id="ST/US/INVX" env="prod"></span><span item_type="announcement" item_id="546551722598663169" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 224.23 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.22.</p><p>EBIT: As of FY2025 Q2, the actual value is USD 37.76 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>NAM Market Revenue</strong>: For the three months ended June 30, 2025, revenue was $120.0 million, an increase of $40.9 million from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li><li><strong>International and Offshore Market Revenue</strong>: For the three months ended June 30, 2025, revenue was $104.3 million, an increase of $53.0 million from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: For the three months ended June 30, 2025, net income was $15.3 million, an increase of $5.8 million from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li><li><strong>Income from Operations</strong>: For the six months ended June 30, 2025, income from operations was $44.5 million, an increase of $9.2 million from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: For the six months ended June 30, 2025, net cash provided by operating activities was $90.3 million, an increase of $54.9 million from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li><li><strong>Free Cash Flow</strong>: For the six months ended June 30, 2025, free cash flow was $75.9 million, an increase of $44.9 million from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Adjusted EBITDA</strong>: For the six months ended June 30, 2025, Adjusted EBITDA was $92.6 million, an increase of $30.6 million from the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: Innovex aims to increase revenue from International and Offshore markets, focusing on long-cycle investment horizons and less cyclicality compared to the NAM market. The company is also focused on maintaining a conservative balance sheet to preserve operational and financial flexibility through the industry cycle.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li><li><strong>Non-Core Business</strong>: The company has a disciplined acquisition strategy, having recently acquired SCF Machining Corporation and Citadel Casing Solutions, LLC, to enhance its product portfolio and supply chain capabilities.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1042893/000095017025104162/invx-20250630.htm"></span></li></ul>

Innovex | 10-Q: FY2025 Q2 Revenue: USD 224.23 M