Innovex International Past Earnings Performance
Past criteria checks 1/6
Innovex International has been growing earnings at an average annual rate of 21.4%, while the Energy Services industry saw earnings growing at 42.8% annually. Revenues have been growing at an average rate of 26.3% per year. Innovex International's return on equity is 5%, and it has net margins of 5.3%.
Key information
21.42%
Earnings growth rate
-1.09%
EPS growth rate
| Energy Services Industry Growth | 23.71% |
| Revenue growth rate | 26.34% |
| Return on equity | 5.03% |
| Net Margin | 5.31% |
| Next Earnings Update | 03 Aug 2026 |
Recent past performance updates
There May Be Some Bright Spots In Innovex International's (NYSE:INVX) Earnings
Shareholders appeared unconcerned with Innovex International, Inc.'s ( NYSE:INVX ) lackluster earnings report last...We Think That There Are More Issues For Innovex International (NYSE:INVX) Than Just Sluggish Earnings
The subdued market reaction suggests that Innovex International, Inc.'s ( NYSE:INVX ) recent earnings didn't contain...Recent updates
INVX: Subsea Margin Shift And Offshore Ramp Will Drive Future Upside
Analysts have lifted the consensus price target for Innovex International to $35, supported by expectations for gradually higher revenue growth, slightly stronger profit margins, and a modestly lower forward P/E as recent research highlights potential margin improvement and solid subsea and offshore contributions. Analyst Commentary on Innovex International Recent research on Innovex International points to a cluster of supportive views around the stock, with several bullish analysts highlighting potential margin improvement, healthier subsea economics, and a balanced setup across U.S. land, international, and offshore markets.INVX: Subsea Margin Shift And TCO Integration Will Support Future Upside
Analysts have raised their consolidated price target for Innovex International to $35.00. This update reflects revised views on the company’s margin outlook, revenue trajectory, and long term P/E potential, informed by recent research initiations and target revisions across the Street.
Offshore Project Delays And Legal Risks Will Challenge Operations Yet Offer Long-Term Upside
Catalysts About Innovex International Innovex International provides oilfield equipment and technology focused on completions, Subsea systems and production accessories across U.S. land, offshore and international markets. What are the underlying business or industry changes driving this perspective?INVX: Subsea Margin Shift And TCO Deal Will Drive Future Upside
Analysts have raised their price target for Innovex International to $34, citing expectations for stronger subsea contributions, a gradually improving margin profile related to self-help efforts, and a more supportive offshore project environment. Analyst Commentary Recent research on Innovex International points to a constructive view on the stock, with several bullish analysts emphasizing improving margins, a clearer path on subsea earnings contributions, and a supportive offshore project pipeline.
Offshore And Subsea Expansion Will Support Higher Margin Work Over The Coming Years
Catalysts About Innovex International Innovex International provides oilfield products and services that support well construction, completions and production across onshore and offshore markets. What are the underlying business or industry changes driving this perspective?Subsea Growth And Capital Light Model Will Support Stronger Long Term Earnings Power
Catalysts About Innovex International Innovex International provides oilfield technologies and services focused on well construction, completions, and Subsea solutions across U.S. land, offshore, and international markets. What are the underlying business or industry changes driving this perspective?There May Be Some Bright Spots In Innovex International's (NYSE:INVX) Earnings
Shareholders appeared unconcerned with Innovex International, Inc.'s ( NYSE:INVX ) lackluster earnings report last...Innovex International (NYSE:INVX) Is Reinvesting At Lower Rates Of Return
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Innovex International, Inc. (NYSE:INVX) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Despite an already strong run, Innovex International, Inc. ( NYSE:INVX ) shares have been powering on, with a gain of...We Think That There Are More Issues For Innovex International (NYSE:INVX) Than Just Sluggish Earnings
The subdued market reaction suggests that Innovex International, Inc.'s ( NYSE:INVX ) recent earnings didn't contain...Innovex Remains Reasonably Valued, Despite Its Strong Rally
Summary Innovex International has surged 31% YTD, outperforming the S&P 500 and XLE, yet remains reasonably valued with strong growth prospects. INVX's acquisition of Citadel enhances its product portfolio and is expected to be 8% accretive to EPS, supporting international expansion and resilience to oil price declines. A pristine balance sheet with net cash and no net debt strengthens INVX's ability to weather industry cycles and pursue further growth through acquisitions. Despite sector headwinds, INVX trades at 14.9x forward earnings with a projected 32% upside to a $24 price target over three years, warranting continued holding. Read the full article on Seeking AlphaInnovex International (NYSE:INVX) Has A Rock Solid Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Innovex International, Inc. (NYSE:INVX) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Innovex International, Inc. ( NYSE:INVX ) shareholders won't be pleased to see that the share price has had a very...There May Be Underlying Issues With The Quality Of Innovex International's (NYSE:INVX) Earnings
Innovex International, Inc. ( NYSE:INVX ) just reported some strong earnings, and the market reacted accordingly with a...Benign Growth For Innovex International, Inc. (NYSE:INVX) Underpins Stock's 26% Plummet
Innovex International, Inc. ( NYSE:INVX ) shareholders that were waiting for something to happen have been dealt a blow...Is Innovex International (NYSE:INVX) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Revenue & Expenses Breakdown
How Innovex International makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 977 | 52 | 136 | 0 |
| 31 Dec 25 | 978 | 83 | 129 | 0 |
| 30 Sep 25 | 955 | 101 | 135 | 0 |
| 30 Jun 25 | 867 | 144 | 137 | 0 |
| 31 Mar 25 | 773 | 139 | 127 | 0 |
| 31 Dec 24 | 661 | 140 | 116 | 0 |
| 30 Sep 24 | 543 | 127 | 97 | 0 |
| 30 Jun 24 | 531 | 60 | 77 | 0 |
| 31 Mar 24 | 542 | 70 | 76 | 0 |
| 31 Dec 23 | 556 | 74 | 73 | 0 |
| 30 Sep 23 | 550 | 70 | 70 | 0 |
| 31 Dec 22 | 467 | 63 | 59 | 0 |
| 31 Dec 21 | 295 | 10 | 51 | 0 |
Quality Earnings: INVX has a large one-off loss of $27.9M impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: INVX's current net profit margins (5.3%) are lower than last year (17.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: INVX's earnings have grown significantly by 21.4% per year over the past 5 years.
Accelerating Growth: INVX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: INVX had negative earnings growth (-62.6%) over the past year, making it difficult to compare to the Energy Services industry average (-26.2%).
Return on Equity
High ROE: INVX's Return on Equity (5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/30 21:44 |
| End of Day Share Price | 2026/07/30 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Innovex International, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sungeun Kim | Barclays |
| Scott Gruber | Citigroup Inc |
| James West | Evercore ISI |