Innovex Announces Third Quarter 2026 Results
Business Wire•29/10/2026•16:02 ET
0
Key Highlights
- ➤Q3 revenue $265 million, up 8% quarter-over-quarter and 10% year-over-year
- ➤Q3 Adjusted EBITDA $55 million, with 21% margin
- ➤Q4 revenue guidance $260-$270 million; Adjusted EBITDA guidance $53-$58 million
- ➤Subsea awards include $30+ million Indonesia contract and additional $9+ million work
- ➤$32 million free cash flow; $189 million cash and no bank debt at quarter-end
Expert Statements
Adam Anderson, CEO of Innovex International
“We delivered a strong third quarter as the investments we have made in our technology portfolio and global operating platform continue to drive profitable growth.”
Kendal Reed, CFO of Innovex International
“Our third quarter results demonstrate the strength of Innovex's capital-light business model and disciplined approach to capital allocation.”
Kendal Reed, CFO of Innovex International
“Operational execution remained strong throughout the third quarter even as we supported growing activity across key international markets.”
Adam Anderson, CEO of Innovex International
“We are encouraged by the momentum across our platform.”
Innovex International, Inc. (NYSE: INVX) (“Innovex,” the “Company” or “we”) today announced financial and operating results for the third quarter of 2026.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261029618233/en/
Get started
Create a free account to read the full story.