Innovex International Inc 2026年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period ended March 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period from __________________ to __________________Commission File Number: 001-13439 INNOVEX INTERNATIONAL, INC.(Exact name of Registrant as specified in its Charter) Delaware74-2162088(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.)19120 Kenswick Dr.Humble, Texas77338(Address of principal executive offices)(Zip Code)Registrant’s telephone number, including area code:(346) 398-0000 Securities registered pursuant to Section 12(b) of the Act: TradingSymbol(s)INVX Common stock, par value $0.01 per share Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was requiredto file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter periodthat the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of April 29, 2026, the registrant had 68,759,676 shares of common stock, $0.01 par value per share, outstanding. Table of Contents Cautionary Statement Regarding Forward-Looking StatementsiiPART IFINANCIAL INFORMATIONItem 1.Condensed Consolidated Financial Statements(unaudited)1Condensed Consolidated Balance Sheets1Condensed Consolidated Statements of Operations and Comprehensive Income2Condensed Consolidated Statements of Changes in Stockholders’ Equity3Condensed Consolidated Statements of Cash Flows4Notes to Condensed Consolidated Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations15Item 3.Quantitative and Qualitative Disclosures About Market Risk23Item 4.Controls and Procedures23PART IIOTHER INFORMATIONItem 1.Legal Proceedings23Item 1A.Risk Factors23Item 2.Unregistered Sales of Equity Securities and Use of Proceeds24Item 3.Defaults Upon Senior Securities24Item 4.Mine Safety Disclosures24Item 5.Other Information24Item 6.Exhibits25Signatures26 Cautionary Statement Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q (this “Quarterly Report”) includes certain statements that may be deemed to be “forward-lookingstatements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E ofthe Securities Exchange Act of 1934, as amended (the “Exchange Act”). Statements contained in all parts of this Quarterly Reportthat are not historical facts are forward-looking statements that involve risks and uncertainties that are beyond the control of InnovexInternational, Inc. (the “Company”, “Innovex”, “we”, “our” or “us”). You can identify our forward-looking statements by the words“anticipate,” “estimate,” “expect,” “may,” “project,” “believe”, and similar expressions, or by our discussion of strategies or trends.Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be giventhat these expectations will prove to be correct. These forward-looking statements include the following types of information andstatements as they relate to the Company: •the impact of actions taken by the Organization of Petroleum Exporting Countries and the expanded alliance (OPEC+) withrespect to their production levels and the effects thereof;•the impact of global market conditions, political disturbances, war or other global conflicts (including the Russia-Ukraineconflict, the Iran conflict, and other conflicts in the Middle East), terrorist attacks, changes in global trade policies, tariffs andsanctions, weak local economic conditions, and international currency fluctuations;•theimpact of general economic