- Innovex International, Inc. reported **revenue of $240 million** for the third quarter of 2025, an increase of **7% quarter over quarter**, with **net income of $39 million** and **Adjusted EBITDA of $44 million**.  **[1042893_0001193125-25-262651_invx-ex99_1.htm:0]** **[1042893_0001193125-25-262651_invx-ex99_1.htm:1]** 
- The company generated **$48 million in net cash provided by operating activities** and **$37 million in free cash flow** during Q3 2025.  **[1042893_0001193125-25-262651_invx-ex99_1.htm:0]** **[1042893_0001193125-25-262651_invx-ex99_1.htm:1]** 
- Innovex closed the sale of its legacy Dril-Quip Eldridge Facility for **$90.0 million**, resulting in **$87 million in net proceeds**.  **[1042893_0001193125-25-262651_invx-ex99_1.htm:0]** 
- A new agreement was signed to become the **exclusive subsea wellhead provider for OneSubsea**.  **[1042893_0001193125-25-262651_invx-ex99_1.htm:0]** 
- For the fourth quarter of 2025, Innovex expects to generate **revenue between $235 million and $245 million** and **Adjusted EBITDA between $42 million and $47 million**.  **[1042893_0001193125-25-262651_invx-ex99_1.htm:2]**

Innovex International (INVX)