Innovex International, Inc. — Third Quarter 2026 Earnings Summary

Innovex International, Inc. reported third-quarter 2026 revenue of $265 million, representing an 8% increase quarter-over-quarter and a 10% increase year-over-year. The company achieved a net income of $26 million and an adjusted EBITDA of $55 million, while generating $32 million in free cash flow. Innovex ended the quarter with $189 million in cash and cash equivalents and no bank debt, supported by new contracts in Indonesia, Malaysia, and the North Sea. Management provided fourth-quarter 2026 guidance anticipating revenue between $260 million and $270 million and adjusted EBITDA between $53 million and $58 million.