Us - Land was Innovex International’s largest region in fiscal 2025, bringing in $428.38M of $978.25M (44%).
| Geography | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| U S & Canadian Markets N A M | $329.75M | — | — | — | |
| Us - Land | — | $356.56M | $326.29M | $428.38M | |
| Us | — | — | — | — | |
| Non-Us | — | — | — | — | |
| International & Offshore | $137.44M | — | — | — | |
| Us - Offshore | — | $39.12M | $85.57M | $112.30M | |
| Other - Meap | — | $39.28M | $61.96M | $102.73M | |
| Saudi Arabia | — | $47.53M | $61.24M | $69.57M | |
| Other - Ecaf | — | $21.10M | $35.77M | $81.58M | |
| Canada | — | $9.55M | $34.77M | $86.99M | |
| Mexico | — | $24.37M | $21.80M | $38.03M | |
| Brazil | — | $3.89M | $18.93M | $39.74M | |
| Argentina | — | $8.43M | $6.94M | $9.52M | |
| Latin America | — | $5.69M | $7.54M | $9.42M | |
| Total | $467.19M | $555.54M | $660.80M | $978.25M |
Innovex International brought in $978.25M from its 10 regions in fiscal 2025, the year ended December 31, 2025. That was up 48.0% from $660.80M in fiscal 2024. Us - Land was the largest at $428.38M (43.8%), ahead of Us - Offshore at $112.30M (11.5%) and Other - Meap at $102.73M (10.5%). The other seven regions brought in $334.84M combined.
Compared with fiscal 2024, Canada grew fastest, up 150.2% to $86.99M. Every region above 2% of revenue grew.
Innovex International began breaking out Us - Land in fiscal 2023, Us - Offshore in fiscal 2023, Other - Meap in fiscal 2023 and Saudi Arabia in fiscal 2023. Innovex International stopped reporting U S & Canadian Markets N A M ($329.75M in fiscal 2022) and International & Offshore ($137.44M in fiscal 2022) as separate regions.
Product was Innovex International’s largest product and service line in fiscal 2025, bringing in $685.29M of $978.25M (70%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Product | $402.02M | $460.80M | $527.39M | $685.29M | ||||||
| Products | — | — | — | — | ||||||
| Subsea Products | — | — | — | — | ||||||
| Subsea Services | — | — | — | — | ||||||
| Service | $33.52M | $63.39M | $83.13M | $126.26M | ||||||
| Well Construction | — | — | — | — | ||||||
| Rental | $31.65M | $31.35M | $50.28M | $166.70M | ||||||
| Leasing | — | — | — | — | ||||||
| Technical Advisory | — | — | — | — | ||||||
| Intercompany | — | — | — | — | ||||||
| Reconditioning | — | — | — | — | ||||||
| Eliminations | — | — | — | — | ||||||
| Total | $467.19M | $555.54M | $660.80M | $978.25M |
Innovex International brought in $978.25M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 48.0% from $660.80M in fiscal 2024. Product was the largest at $685.29M (70.1%), ahead of Rental at $166.70M (17.0%) and Service at $126.26M (12.9%).
Compared with fiscal 2024, Rental grew fastest, up 231.5% to $166.70M. Every line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these lines grew from $467.19M to $978.25M, a compound annual growth rate of 27.9%. Product's share of the total fell from 86.1% to 70.1%.
As Reported was Innovex International’s largest revenue line in fiscal 2021, bringing in $322.95M of $322.45M (100%).
| Revision of Prior Period | FY 2021 |
|---|---|
| As Reported | $322.95M |
| Revision Of Prior Period, Adjustment | -$497.00K |
| Total | $322.45M |
Innovex International brought in $322.45M from its two revenue lines in fiscal 2021, the year ended December 31, 2021. As Reported was the largest at $322.95M (100.2%).
The total is net of Revision Of Prior Period, Adjustment, which took $497.00K off revenue in fiscal 2021.
Innovex International (INVX) reports its revenue by geography, by product and service and by revision of prior period. In fiscal 2025, Us - Land was its largest region, bringing in $428.38M (43.8% of the total), followed by Us - Offshore at $112.30M (11.5%).
Us - Land was Innovex International's largest region in fiscal 2025, bringing in $428.38M, or 43.8% of the $978.25M total across its 10 regions.
Product was Innovex International's largest product and service line in fiscal 2025, bringing in $685.29M, or 70.1% of the $978.25M total across its three product and service lines.
As Reported was Innovex International's largest revenue line in fiscal 2021, bringing in $322.95M, or 100.2% of the $322.45M total across its two revenue lines.
Among Innovex International's regions that make up at least 2% of revenue, Canada grew fastest in fiscal 2025, up 150.2% from $34.77M to $86.99M.
Every figure comes from Innovex International's annual financial filings, as reported. Each line keeps the name Innovex International gives it, and years follow its fiscal calendar.
Innovex International's revenue by geography goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.