INVX · XBRL financial data

Innovex International financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (INVX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	365	323	362	424	—	—
Revenue from contracts with customers	334	288	320	556	661	978
Cost of revenue	270	242	266	309	428	675
Research and development	—	—	3	3	4	7
Selling, general and administrative	95	115	94	102	116	129
Operating income (loss)	(64)	(125)	3	5	49	133
Interest income	2	1	4	—	—	—
Interest expense	1	1	0	6	2	3
Other income (expense)	—	—	1	(0)	(0)	2
Income tax expense (benefit)	(31)	3	6	13	2	45
Net income (loss)	(31)	(128)	0	1	140	83
Earnings per share, basic USD per share	(0.87)	(3.62)	0.01	0.02	2.82	1.21
Earnings per share, diluted USD per share	(0.87)	(3.62)	0.01	0.02	2.77	1.20
Weighted average shares, basic millions of shares	35	35	34	34	50	69
Weighted average shares, diluted millions of shares	35	35	34	34	51	69

† Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (INVX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	346	355	265	187	73	203
Short-term investments	—	0	32	26	—	—
Accounts receivable	116	101	92	136	240	238
Inventory	213	146	146	195	271	248
Prepaid and other current assets	—	—	—	21	48	36
Total current assets	863	746	753	720	641	728
Property and equipment, net	235	216	181	218	191	159
Right-of-use asset	7	5	5	16	55	52
Goodwill	—	—	24	17	60	100
Total assets	1,151	1,010	973	1,028	1,197	1,268
Accounts payable	37	35	43	66	65	61
Accrued liabilities	—	—	—	29	61	49
Total current liabilities	86	94	88	118	163	148
Lease liability, non-current	6	4	4	15	45	41
Total liabilities	110	113	98	147	239	211
Retained earnings	1,125	973	953	951	211	285
Total stockholders' equity	1,042	897	875	881	958	1,058
Total liabilities and equity	1,151	1,010	973	1,028	1,197	1,268
Common shares outstanding (cover page) millions of shares	35	35	34	34	69	69

† Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (INVX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(31)	(128)	0	1	140	83
Stock-based compensation	13	15	10	11	13	14
Depreciation and amortization	32	30	29	30	31	61
Net cash from operating activities	(21)	38	(37)	8	93	191
Purchases of property and equipment	12	10	19	33	—	—
Net cash from investing activities	(6)	(3)	(30)	(80)	78	(19)
Share repurchases	25	24	21	0	—	—
Dividends paid	—	—	0	0	75	0
Net cash from financing activities	(25)	(24)	(21)	(0)	(103)	(45)
Net change in cash	(53)	9	(91)	(73)	66	130

† Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3533 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3533 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Innovex International	222	245	37*	69.9M	Q2 FY26 10-QJun 30, 2026
Douglas Dynamics	5.5	218	(22)*	23.1M	Q3 FY26 10-QSep 30, 2026
Hyster-Yale	73	813	17*	not reported	Q2 FY26 10-QJun 30, 2026
HMH Holding	120	not reported	not reported	not reported	Q2 FY26 10-QJun 30, 2026
Columbus McKinnon	111	539	(4.6)*	28.9M	Q2 FY27 10-QSep 30, 2026
Manitowoc	96	595	8*	36.1M	Q2 FY26 10-QJun 30, 2026
Astec Industries	77	408	12*	23.0M	Q2 FY26 10-QJun 30, 2026
Solaris Energy Infrastructure	824	219	186*	not reported	Q2 FY26 10-QJun 30, 2026
Flowco Holdings	19	236	95*	not reported	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.