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INNOVEX INTERNATIONAL, INC.

CIK: 1042893 SIC: 3533
$978.25M
Revenue
$83.30M
Net Income
31.00%
Gross Margin
13.56%
Op. Margin
$312.30M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 15 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
+ Total Revenue $978.25M $978.25M $660.80M $362.07M $322.94M $364.97M
Revenue Growth % 0.0% 48.0% 82.5% 12.1% -11.5% nan%
Cost of Revenue $674.97M $674.97M $428.17M $265.94M $242.36M $269.70M
+ Gross Profit $303.28M $303.28M $232.63M $96.14M $80.59M $95.28M
Gross Margin % 31.0% 31.0% 35.2% 26.6% 25.0% 26.1%
Operating Expenses - - - $359.55M $447.78M $428.53M
Research & Development - $6.70M $3.70M - - -
Selling General & Admin $128.79M $128.79M $116.18M $94.21M $115.04M $95.06M
+ Operating Income $132.62M $132.62M $49.08M $2.52M $-124.84M $-63.56M
Operating Margin % 13.6% 13.6% 7.4% 0.7% -38.7% -17.4%
Interest Expense $2.58M $2.58M $2.43M $216.00K $787.00K $621.00K
Interest Income - - - $4.46M $575.00K $2.13M
Other Income/Expense $1.83M $1.83M $-298.00K $1.12M - -
Income Before Tax $128.53M $128.53M $142.81M $6.77M $-125.05M $-62.05M
Income Tax Expense $45.23M $45.23M $2.49M $6.33M $2.95M $-31.28M
+ Net Income $83.30M $83.30M $140.32M $443.00K $-128.00M $-30.77M
Net Margin % 8.5% 8.5% 21.2% 0.1% -39.6% -8.4%
Basic EPS 1.21 1.21 2.82 0.01 -3.62 -0.87
Diluted EPS 1.20 1.20 2.77 0.01 -3.62 -0.87
Basic Shares Outstanding - 69.0M 49.7M 34.2M 35.3M 35.3M
Diluted Shares Outstanding - 69.4M 50.6M 34.5M 35.3M 35.3M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Cash Equivalents - - $264.80M $355.45M $345.95M
Short-term Investments - - $32.23M - -
Accounts Receivable $237.77M $239.51M $91.50M $100.99M $116.20M
Inventory $248.43M $271.17M $146.00M $145.72M $212.54M
Other Current Assets $2.38M $5.13M $34.36M $40.79M $48.18M
Total Current Assets $728.05M $641.39M $752.59M $745.55M $863.19M
Property Plant & Equipment $158.87M $190.79M $181.27M $216.20M $234.82M
Goodwill $99.72M $60.18M $23.93M - -
Intangible Assets $116.23M $108.36M $23.35M $26.45M $29.43M
Other Non-current Assets $10.86M $7.35M $5.95M $5.59M $10.99M
Total Assets $1.27B $1.20B $972.51M $1.01B $1.15B
Accounts Payable $60.71M $65.20M $43.02M $35.23M $37.42M
Accrued Liabilities $49.15M $60.59M - - -
Deferred Revenue $11.99M $13.46M - - -
Other Current Liabilities $6.94M $2.39M - - -
Total Current Liabilities $148.16M $162.66M $87.56M $93.66M $85.51M
Long-term Debt $18.92M $24.90M - - -
Deferred Tax Liabilities $500.00K $624.00K $3.76M $3.92M $6.78M
Other Non-current Liabilities $2.04M $5.99M $1.66M $1.93M $2.12M
Total Liabilities $210.61M $239.33M $97.60M $113.32M $109.64M
Common Stock $691.00K $692.00K $343.00K $352.00K $363.00K
Retained Earnings $285.27M $211.25M $952.73M $973.09M $1.13B
Total Stockholders Equity $1.06B $958.16M $874.92M $897.11M $1.04B
Total Liabilities & Equity $1.27B $1.20B $972.51M $1.01B $1.15B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income $83.30M $83.30M $140.32M $443.00K $-128.00M $-30.77M
Depreciation & Amortization $60.74M $60.74M $31.21M $29.42M $30.38M $32.39M
Stock-based Compensation $21.09M $13.80M $13.25M $10.36M $14.89M $12.91M
Deferred Income Tax $54.45M $34.29M $-4.59M $6.40M $8.70M $4.95M
Change in Receivables $-30.19M $-17.63M $-13.22M $-8.42M $-13.47M $9.52M
Change in Inventory $-66.72M $-46.62M $-7.87M $1.15M $5.48M $28.29M
Change in Payables $-9.08M $-12.70M $-22.34M $2.40M - -
Operating Cash Flow $312.30M $190.91M $93.44M $-36.77M $38.43M $-21.09M
Capital Expenditure - - - $18.87M $9.99M $11.94M
Investing Cash Flow $-128.54M $-18.74M $78.44M $-30.11M $-3.21M $-5.63M
Stock Repurchased $19.19M $9.28M - $20.81M $24.19M $25.00M
Dividends Paid - - $74.98M - - -
Financing Cash Flow $-69.28M $-44.92M $-103.07M $-20.89M $-24.30M $-25.18M
Net Change in Cash $120.47M $130.13M $65.87M $-90.65M $9.50M $-52.99M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $240.00M $151.82M $704.65M $410.12M
Cost of Revenue $164.06M $99.14M $480.48M $262.36M
Selling General & Admin $35.57M $37.98M $96.76M $77.90M
Operating Income $62.28M $-13.22M $106.83M $22.16M
Interest Expense $677.00K $729.00K $1.93M $2.06M
Other Income/Expense $-303.00K $269.00K $3.00K $402.00K
Income Before Tax $57.96M $80.00M $101.56M $115.40M
Income Tax Expense $18.73M $-2.59M $32.23M $6.86M
Net Income $39.23M $82.59M $69.33M $108.54M
Basic EPS 0.57 2.03 1.00 3.18
Diluted EPS 0.57 1.99 1.00 3.08
Basic Shares Outstanding $68.81M $40.73M $69.01M $34.14M
Diluted Shares Outstanding $69.27M $41.53M $69.31M $35.29M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Accounts Receivable $220.41M $239.51M
Inventory $275.20M $271.17M
Other Current Assets $47.43M $47.62M
Total Current Assets $710.35M $641.39M
Property Plant & Equipment $158.69M $190.79M
Goodwill $95.38M $60.18M
Intangible Assets $120.48M $108.36M
Other Non-current Assets $10.13M $7.35M
Total Assets $1.25B $1.20B
Accounts Payable $66.63M $65.20M
Accrued Liabilities $45.68M $60.59M
Deferred Revenue $10.29M $13.46M
Other Current Liabilities $7.01M $2.39M
Total Current Liabilities $148.71M $162.66M
Long-term Debt $20.09M $24.90M
Deferred Tax Liabilities $619.00K $624.00K
Other Non-current Liabilities $2.25M $5.99M
Total Liabilities $214.96M $239.33M
Common Stock $689.00K $692.00K
Retained Earnings $271.31M $211.25M
Total Stockholders Equity $1.04B $958.16M
Total Liabilities & Equity $1.25B $1.20B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $39.23M $82.59M $69.33M $108.54M
Depreciation & Amortization $15.36M $7.79M $45.28M $19.17M
Stock-based Compensation - - $8.77M $11.82M
Deferred Income Tax - - $31.32M $783.00K
Change in Receivables - - $-4.21M $-27.16M
Change in Inventory - - $-20.46M $19.71M
Change in Payables - - $-7.59M $1.34M
Operating Cash Flow - - $138.67M $57.09M
Investing Cash Flow - - $-8.78M $150.40M
Stock Repurchased - - $9.28M -
Dividends Paid - - - $74.98M
Financing Cash Flow - - $-42.13M $-114.21M
Net Change in Cash - - $90.10M $92.49M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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