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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 Quarterly (10-Q)
Showing 13 of 45 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Q2 2022
(Jun 30, 2022)
+ Total Revenue $273.60M $240.00M $224.23M $240.41M $250.69M $151.82M $120.34M $117.24M $89.61M $90.86M $96.81M $88.14M $93.98M
Revenue Growth % (YoY) 9.1% 58.1% 86.3% nan% nan% 29.5% 34.3% 33.0% -4.7% nan% nan% nan% nan%
Cost of Revenue $194.49M $164.06M $152.51M $163.91M $165.82M $99.14M $83.23M $85.60M $65.71M $65.50M $66.57M $65.71M $69.66M
+ Gross Profit $79.11M $75.94M $71.72M $76.50M $84.87M $52.68M $37.11M $31.64M $23.90M $25.36M $30.25M $22.43M $24.32M
Gross Margin % 28.9% 31.6% 32.0% 31.8% 33.9% 34.7% 30.8% 27.0% 26.7% 27.9% 31.2% 25.4% 25.9%
Operating Expenses - - - - - - $125.01M $123.31M $86.00M $87.68M $99.19M $73.79M $97.85M
Selling General & Admin $32.03M $35.57M $28.84M $32.35M $38.28M $37.98M $29.77M $26.99M $23.25M $22.59M $26.88M $22.43M $22.50M
+ Operating Income $25.80M $62.28M $22.70M $21.85M $26.91M $-13.22M $-4.67M $-6.07M $3.61M $3.19M $-2.37M $14.35M $-3.87M
Operating Margin % 9.4% 26.0% 10.1% 9.1% 10.7% -8.7% -3.9% -5.2% 4.0% 3.5% -2.4% 16.3% -4.1%
Interest Expense $654.00K $677.00K $551.00K $700.00K $375.00K $729.00K - - $19.00K $80.00K $-68.00K $131.00K $99.00K
Interest Income - - - - - - - - $2.00M $2.83M $3.31M $379.00K $573.00K
Other Income/Expense $1.82M $-303.00K $92.00K $214.00K $-700.00K $269.00K - - - - - - -
Income Before Tax $26.97M $57.96M $22.24M $21.36M $27.41M $80.00M $-2.61M $-3.76M $5.58M $5.93M $1.01M $14.60M $-3.40M
Income Tax Expense $13.00M $18.73M $6.89M $6.61M $-4.38M $-2.59M $-801.00K $3.27M $2.10M $3.62M $1.27M $-610.00K $2.17M
+ Net Income $13.97M $39.23M $15.35M $14.76M $31.79M $82.59M $-1.81M $-7.03M $3.48M $2.31M $-259.00K $15.21M $-5.57M
Net Margin % 5.1% 16.3% 6.8% 6.1% 12.7% 54.4% -1.5% -6.0% 3.9% 2.5% -0.3% 17.3% -5.9%
Basic EPS 0.21 0.57 0.22 0.21 -0.36 2.03 -0.05 -0.21 0.10 0.07 -0.01 0.45 -0.16
Diluted EPS 0.20 0.57 0.22 0.21 -0.31 1.99 -0.05 -0.21 0.10 0.07 -0.01 0.44 -0.16
Basic Shares Outstanding - 68.8M 68.9M 69.3M 15.6M 40.7M 34.4M 34.1M 34.1M 34.1M -67K 33.9M 34.5M
Diluted Shares Outstanding - 69.3M 69.1M 69.5M 15.3M 41.5M 34.4M 34.1M 34.5M 34.5M -113K 34.2M 34.5M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Q2 2022
(Jun 30, 2022)
Cash & Cash Equivalents - - - - - - $185.63M $181.07M $236.49M $235.34M $264.80M $290.28M $320.78M
Short-term Investments - - - - - - - $8.91M $18.80M $18.92M $32.23M $25.29M -
Accounts Receivable $237.77M $220.41M $220.97M $236.02M $239.51M $225.07M $154.18M $133.34M $135.50M $132.21M $91.50M $81.67M $85.29M
Inventory $248.43M $275.20M $278.50M $269.25M $271.17M $297.52M $204.73M $183.25M $164.52M $152.77M $146.00M $140.53M $139.79M
Other Current Assets $2.38M $47.43M $55.86M $47.98M $5.13M $45.16M $8.01M $18.10M $30.87M $36.16M $34.36M $49.46M $50.38M
Total Current Assets $728.05M $710.35M $670.11M $632.64M $641.39M $677.33M $707.55M $709.04M $755.16M $752.11M $752.59M $745.76M $747.86M
Property Plant & Equipment $158.87M $158.69M $150.67M $188.43M $190.79M $182.23M $211.12M $211.81M $185.89M $183.28M $181.27M $181.36M $179.94M
Goodwill $99.72M $95.38M $94.14M $75.57M $60.18M $23.93M $16.12M $16.24M - - $23.93M - -
Intangible Assets $116.23M $120.48M $124.73M $104.75M $108.36M $35.79M $38.85M $42.50M $22.06M $22.69M $23.35M $23.87M $24.79M
Other Non-current Assets $10.86M $10.13M $8.80M $8.67M $7.35M $7.70M $7.50M $5.91M $6.24M $6.13M $5.95M $5.71M $5.88M
Total Assets $1.27B $1.25B $1.23B $1.20B $1.20B $1.13B $1.01B $1.01B $979.67M $975.40M $972.51M $970.52M $973.57M
Accounts Payable $60.71M $66.63M $65.32M $76.39M $65.20M $83.61M $60.83M $50.45M $54.42M $47.21M $43.02M $46.48M $46.27M
Accrued Liabilities $49.15M $45.68M $48.56M $37.12M $60.59M $55.88M - - - - - - -
Deferred Revenue $11.99M $10.29M $6.91M $11.13M $13.46M $14.09M - - - - - - -
Other Current Liabilities $6.94M $7.01M $6.68M $4.09M $2.39M $1.43M - - - - - - -
Total Current Liabilities $148.16M $148.71M $145.75M $145.82M $162.66M $174.81M $126.43M $106.73M $88.12M $83.36M $87.56M $89.29M $84.86M
Long-term Debt $18.92M $20.09M $34.78M $19.68M $24.90M $12.35M - - - - - - -
Deferred Tax Liabilities $500.00K $619.00K $1.41M $726.00K $624.00K - $9.19M $12.11M $4.51M $4.03M $3.76M $3.92M $4.23M
Other Non-current Liabilities $2.04M $2.25M $3.96M $5.44M $5.99M $1.96M $4.60M $3.42M $1.73M $1.58M $1.66M $2.16M $2.08M
Total Liabilities $210.61M $214.96M $231.53M $217.63M $239.33M $228.43M $155.63M $137.11M $100.26M $95.02M $97.60M $105.69M $104.88M
Common Stock $691.00K $689.00K $688.00K $693.00K $692.00K $671.00K $343.00K $343.00K $343.00K $343.00K $343.00K $343.00K $348.00K
Retained Earnings $285.27M $271.31M $232.08M $225.38M $211.25M $179.46M $928.98M $948.93M $955.96M $955.04M $952.73M $952.99M $948.92M
Total Stockholders Equity $1.06B $1.04B $995.55M $978.38M $958.16M $904.35M $852.52M $870.46M $879.41M $880.38M $874.92M $864.84M $868.69M
Total Liabilities & Equity $1.27B $1.25B $1.23B $1.20B $1.20B $1.13B $1.01B $1.01B $979.67M $975.40M $972.51M $970.52M $973.57M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Q2 2022
(Jun 30, 2022)
Net Income $13.97M $39.23M $15.35M $14.76M $31.79M $108.54M $-21.80M $-1.24M $5.79M $2.31M $-259.00K $702.00K $-5.57M
Depreciation & Amortization $15.46M $15.36M $14.97M $14.95M $12.04M $7.79M $8.01M $21.84M $7.05M $6.89M $7.07M $22.35M $15.23M
Stock-based Compensation $5.03M $8.77M $5.53M $1.77M $1.42M $11.82M $6.17M $7.72M $5.14M $2.58M $2.69M $7.67M $5.10M
Deferred Income Tax $2.97M $31.32M $13.89M $6.27M $-5.38M $783.00K $-4.10M $1.61M $734.00K $-211.00K $4.86M $1.54M $1.10M
Change in Receivables $-13.42M $-4.21M $-7.84M $-4.72M $13.94M $-27.16M $19.75M $22.46M $42.45M $39.53M $8.56M $-16.98M $-13.40M
Change in Inventory $-26.16M $-20.46M $-14.46M $-5.63M $-27.58M $19.71M $12.21M $18.78M $15.33M $4.76M $3.41M $-2.25M $-4.66M
Change in Payables $-5.11M $-7.59M $-7.19M $10.81M $-23.69M $1.34M - - - - - - -
Operating Cash Flow $52.24M $138.67M $90.30M $31.09M $36.34M $57.09M $-13.41M $-18.40M $-41.64M $-52.92M $-17.60M $-19.17M $-20.21M
Capital Expenditure - - - - - - $10.91M $21.04M $15.61M $5.42M $5.15M $13.71M $3.43M
Acquisitions - - - - - - - $82.29M - - - - -
Investing Cash Flow $-9.96M $-8.78M $-86.34M $-23.47M $-71.95M $150.40M $15.50M $-62.72M $14.07M $23.35M $-9.64M $-20.46M $-2.85M
Stock Repurchased - $9.28M $9.28M $626.00K - - - - - - - $20.81M $9.66M
Dividends Paid - - - - - $74.98M - - - - - - -
Financing Cash Flow $-2.79M $-42.13M $-10.96M $-13.40M $11.14M $-114.21M $-475.00K $-41.00K $-22.00K $-11.00K $-9.00K $-20.88M $-9.74M
Net Change in Cash $40.03M $90.10M $-4.50M $-5.16M $-26.62M $92.49M $-2.18M $-83.73M $-28.31M $-29.46M $-25.48M $-65.17M $-34.67M
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-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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