Innovex International reported third-quarter 2026 results with revenue of $265 million, an 8% increase quarter-over-quarter and a 10% rise year-over-year. Net income was $26 million, yielding a 10% net margin, while adjusted EBITDA reached $55 million (21% margin). The company generated $39 million in operating cash flow and $32 million in free cash flow, ending the quarter with $189 million in cash and no bank debt. Innovex also announced new subsea contract awards totaling over $39 million. Innovex International provides oilfield equipment and services for well construction and completion.
