Innovex International, Inc. · NYSE:INVX
Innovex International — Q2 2025 Earnings Presentation
7 slides from Innovex International's earnings presentation, Aug 5, 2025
Slide 1: Operational & Financial Results
Operational & Financial Results Kendal Reed, CFO continued, “Our US land revenue was flat sequentially despite a rig count decline of approximately 7%. Our Drilling Enhancement product line, which primarily consists of the legacy DWS business, continued to grow market share, and revenues also benefi
Slide 2: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets
Slide 3: Condensed Consolidated Statement of Cash Flows
Condensed Consolidated Statement of Cash Flows (in thousands, except share and per share amounts)
Slide 4: Non-GAAP Measures
Non-GAAP Measures Adjusted EBITDA and Adjusted EBITDA Margin We define Adjusted EBITDA (a non-GAAP measure) as net income before interest expense, income tax expense, depreciation and amortization, (gain)/loss on sale of assets and other expense, net, further adjusted to exclude certain items which
Slide 5: Reconciliation of Income from Operations to ROCE
Reconciliation of Income from Operations to ROCE
Slide 6: Reconciliation of Net Cash from Operations to Free Cash Flow
Reconciliation of Net Cash from Operations to Free Cash Flow
Slide 7: Revenue by segment, three months ended June 30, 2025
‘Three months ended ‘Tune 30, March31, ‘Tune 30, 2025, 2025 2024 North America Onshore ("NAM") Product revenues $77,368 $75,255 $65,073 Rental revenues 26,698 28513 1.948, Service revenues. 15,901 16,749 12.161, Revenue - North America Onshore 119.967 120517 79,082 International & Offshore Product r
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