Jun 2026 (Q2 FY26) — Aug 4, 2026
Innovex Q2 FY26 — Strong Performance, TCO Acquisition, and International Growth
Read the full callInnovex earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 245 | +9.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 13.8 | +3.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 25.0 | +63.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $17.73 on 14 Oct 2025 → $27.39. High $31.63 (4 Aug 2026), low $17.55 (17 Oct 2025).
Overview
Call summaries
Innovex Q2 FY26 — Strong Performance, TCO Acquisition, and International Growth
Read the full callEvery analysed call
Financials
Net profit, year on year: +63% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 152 | — | 240 | 224 | 240 | 274 | 239 | 245 |
| Operating profit | -13 | 27 | 22 | 23 | 62 | 26 | -22 | 34 |
| Operating margin | −8.7% | — | 9.1% | 10.1% | 25.9% | 9.4% | −9.1% | 13.8% |
| Interest | 1 | 0 | 1 | 1 | 1 | 1 | -0 | -1 |
| Profit before tax | 80 | 27 | 21 | 22 | 58 | 27 | -22 | 35 |
| Tax rate | −3.2% | −16.0% | 30.9% | 31.0% | 32.3% | 48.2% | 22.8% | 29.3% |
| Net profit | 83 | 32 | 15 | 15 | 39 | 14 | -17 | 25 |
| EPS ($ per share) | 2.03 | — | 0.21 | 0.22 | 0.57 | — | -0.24 | 0.36 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Reserves | 1,206 | 1,181 | 1,125 | 973 | 950 | 146 | 211 | 285 |
| Total liabilities | 96 | 116 | 110 | 113 | 98 | 146 | 239 | 211 |
| Fixed assets | 274 | 258 | 235 | 216 | 181 | 52 | 191 | 159 |
| Investments | — | — | — | 0 | 32 | 26 | — | — |
| Total assets | 1,193 | 1,207 | 1,151 | 1,010 | 970 | 475 | 1,197 | 1,268 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 46 | 15 | -21 | 38 | -6 | 76 | 93 | 191 |
| Cash from investing | -15 | -8 | -6 | -3 | -38 | -32 | 78 | -19 |
| Cash from financing | -99 | -25 | -25 | -24 | 42 | -45 | -103 | -45 |
| Net cash flow | -75 | -19 | -53 | 9 | -1 | -1 | 66 | 130 |
| Capital expenditure | -32 | -12 | -12 | -10 | -19 | -33 | — | — |
| Free cash flow | 13 | 3 | -33 | 28 | -25 | 43 | — | — |
52 filings between Dec 15, 2025 and Sep 6, 2026.
Purchases
None
No insider bought shares.
Sales
$614.65M
30 sales by 4 insiders
53% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| INNOVEX CO-INVEST FUND, L.P. | — | $306.16M | Aug 10, 2026 |
| Amberjack Capital Partners, L.P. | — | $306.16M | Aug 10, 2026 |
| Anderson Adam | — | $1.23M | Feb 24, 2026 |
| Reddout Mark | — | $1.10M | Aug 4, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 6, 2026 | Reddout Mark President of North America | Tax withheld | 5,049 | $151.8K |
| Sep 6, 2026 | Reed Kendal Chief Financial Officer | Tax withheld | 5,049 | $151.8K |
| Sep 6, 2026 | Anderson Adam Chief Executive Officer | Tax withheld | 13,463 | $404.8K |
| Aug 10, 2026 | Amberjack Capital Partners, L.P. Director | Sale 10b5-1 plan | 176,944 | $5.08M |
| Aug 10, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale | 45,533 | $1.31M |
| Aug 10, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale | 205,126 | $5.89M |
| Aug 10, 2026 | Amberjack Capital Partners, L.P. Director | Sale 10b5-1 plan | 45,533 | $1.31M |
| Aug 10, 2026 | Amberjack Capital Partners, L.P. Director | Sale 10b5-1 plan | 88 | $2.5K |
| Aug 10, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale | 176,944 | $5.08M |
| Aug 10, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale | 88 | $2.5K |
| Aug 10, 2026 | Amberjack Capital Partners, L.P. Director | Sale 10b5-1 plan | 865,508 | $24.85M |
| Aug 10, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale | 865,508 | $24.85M |
| Aug 10, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale | 3,706,801 | $106.42M |
| Aug 10, 2026 | Amberjack Capital Partners, L.P. Director | Sale 10b5-1 plan | 3,706,801 | $106.42M |
| Aug 10, 2026 | Amberjack Capital Partners, L.P. Director | Sale 10b5-1 plan | 205,126 | $5.89M |
| Aug 4, 2026 | Reddout Mark President of North America | Sale 10b5-1 plan | 10,000 | $300.0K |
| Jun 2, 2026 | Reddout Mark President of North America | Sale 10b5-1 plan | 10,750 | $301.0K |
| Apr 6, 2026 | Reed Kendal Chief Financial Officer | Tax withheld | 3,349 | $83.0K |
| Apr 6, 2026 | Reddout Mark President of North America | Tax withheld | 3,349 | $83.0K |
| Apr 6, 2026 | Anderson Adam Chief Executive Officer | Tax withheld | 8,929 | $221.3K |
| Feb 27, 2026 | Reed Kendal Chief Financial Officer | Award | 18,975 | $0 |
| Feb 27, 2026 | Fink Benjamin Matthew Director | Award | 5,465 | $0 |
| Feb 27, 2026 | Black Bonnie S. Director | Award | 5,465 | $0 |
| Feb 27, 2026 | Anderson Adam Chief Executive Officer | Award | 47,438 | $0 |
| Feb 27, 2026 | Jupp Terence Bartlett Director | Award | 5,465 | $0 |
| Feb 27, 2026 | Sedita Angie Director | Award | 5,465 | $0 |
| Feb 27, 2026 | LOVOI JOHN Director | Award | 5,465 | $0 |
| Feb 27, 2026 | Reddout Mark President of North America | Award | 18,975 | $0 |
| Feb 27, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale 10b5-1 plan | 60,217 | $1.48M |
| Feb 27, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale 10b5-1 plan | 116 | $2.9K |
| Feb 27, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale 10b5-1 plan | 234,009 | $5.75M |
| Feb 27, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale 10b5-1 plan | 271,279 | $6.67M |
| Feb 27, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale 10b5-1 plan | 1,144,635 | $28.15M |
| Feb 27, 2026 | Amberjack Capital Partners, L.P. Director | Sale | 1,144,635 | $28.15M |
| Feb 27, 2026 | Amberjack Capital Partners, L.P. Director | Sale | 60,217 | $1.48M |
| Feb 27, 2026 | Amberjack Capital Partners, L.P. Director | Sale | 4,902,244 | $120.55M |
| Feb 27, 2026 | Amberjack Capital Partners, L.P. Director | Sale | 234,009 | $5.75M |
| Feb 27, 2026 | Amberjack Capital Partners, L.P. Director | Sale | 116 | $2.9K |
| Feb 27, 2026 | Amberjack Capital Partners, L.P. Director | Sale | 271,279 | $6.67M |
| Feb 27, 2026 | INNOVEX CO-INVEST FUND, L.P. Director | Sale 10b5-1 plan | 4,902,244 | $120.55M |
| Feb 24, 2026 | Anderson Adam Chief Executive Officer | Sale 10b5-1 plan | 18,837 | $536.9K |
| Feb 23, 2026 | Anderson Adam Chief Executive Officer | Sale 10b5-1 plan | 13,241 | $357.5K |
| Jan 14, 2026 | Anderson Adam Chief Executive Officer | Sale | 13,241 | $331.0K |
| Jan 14, 2026 | Reddout Mark President of North America | Sale | 20,000 | $500.0K |
| Jan 2, 2026 | Anderson Adam Chief Executive Officer | Tax withheld | 23,232 | $529.2K |
| Jan 2, 2026 | Reed Kendal Chief Financial Officer | Tax withheld | 8,026 | $182.8K |
| Dec 15, 2025 | Reddout Mark President of North America | Tax withheld | 16 | $364 |
| Dec 15, 2025 | Reddout Mark President of North America | Award | 40 | $0 |
| Dec 15, 2025 | Anderson Adam Chief Executive Officer | Award | 40 | $0 |
| Dec 15, 2025 | Reed Kendal Chief Financial Officer | Tax withheld | 16 | $364 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow Innovex International, Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading