)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Innovex International (INVX) investor relations material
Innovex International Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary4 Nov, 2025
Executive summary
Achieved $240 million in Q3 2025 revenue, up 58% year-over-year and 7% sequentially, with net income of $39 million and strong market share gains in both North America and international markets, supported by successful Citadel integration and new subsea partnerships.
Free cash flow conversion remained high, with $37 million generated in Q3 and an 83–84% conversion rate from adjusted EBITDA, reflecting a capital-light, resilient model.
Completed major acquisitions (Citadel, SCF, DWS) and the sale of the Eldridge facility, generating $87 million in net proceeds and reducing operational footprint.
Expanded international presence with new manufacturing in Saudi Arabia, growth in Argentina and Asia, and record technology deployment in Abu Dhabi.
Secured exclusive subsea wellhead supply agreement with OneSubsea, opening new long-term growth opportunities.
Financial highlights
Q3 2025 revenue was $240 million, up 58% year-over-year and 7% sequentially; net income was $39 million, with an adjusted EBITDA of $44 million (18% margin).
Free cash flow for Q3 was $37 million; year-to-date free cash flow reached $112 million, with an 83% conversion rate from adjusted EBITDA.
Capital expenditures were $12 million (5% of revenue), with $4 million as one-time integration costs.
Cash and equivalents at quarter-end were $163 million; total debt was $26 million (all finance leases).
Net income margin for Q3 2025 was 16%.
Outlook and guidance
Q4 2025 guidance: adjusted EBITDA of $42–$47 million and revenue of $235–$245 million, assuming flat activity.
Margins expected to remain pressured by integration, tariffs, and product mix, but improvement anticipated in 2026 post-facility consolidation.
Focus remains on organic growth, disciplined acquisitions, and expanding international and offshore market share.
OneSubsea deal's long-term margin accretion?
What market conditions needed for 25% EBITDA?
Saudi market recovery and product diversification?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Innovex International earnings date
Q4 202524 Feb, 2026
Next Innovex International earnings date
Q4 202524 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Dril-Quip, Inc. is a provider of highly engineered drilling and production equipment for the global oil and gas industry, focusing on both offshore and onshore applications. The company designs, manufactures, and services products such as subsea and surface wellheads, production trees, mudline hanger systems, specialty connectors, and drilling riser systems. Dril-Quip’s offerings are tailored for use in deepwater, harsh environments, and other demanding applications. The company also provides installation, commissioning, and decommissioning services as part of its lifecycle management solutions for its equipment. The company is headquartered in Houston, Texas, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage