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Side-by-side financial comparison of Innovex International, Inc. (INVX) and OFG BANCORP (OFG). Click either name above to swap in a different company.

Innovex International, Inc. is the larger business by last-quarter revenue ($273.6M vs $184.3M, roughly 1.5× OFG BANCORP). OFG BANCORP runs the higher net margin — 30.3% vs 5.1%, a 25.2% gap on every dollar of revenue. On growth, Innovex International, Inc. posted the faster year-over-year revenue change (9.1% vs 0.9%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% CAGR vs 2.8%).

OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....

INVX vs OFG — Head-to-Head

Bigger by revenue
INVX
INVX
1.5× larger
INVX
$273.6M
$184.3M
OFG
Growing faster (revenue YoY)
INVX
INVX
+8.3% gap
INVX
9.1%
0.9%
OFG
Higher net margin
OFG
OFG
25.2% more per $
OFG
30.3%
5.1%
INVX
Faster 2-yr revenue CAGR
INVX
INVX
Annualised
INVX
46.2%
2.8%
OFG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INVX
INVX
OFG
OFG
Revenue
$273.6M
$184.3M
Net Profit
$14.0M
$55.9M
Gross Margin
28.9%
Operating Margin
9.4%
25.7%
Net Margin
5.1%
30.3%
Revenue YoY
9.1%
0.9%
Net Profit YoY
-56.1%
11.0%
EPS (diluted)
$0.20
$1.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INVX
INVX
OFG
OFG
Q4 25
$273.6M
$184.3M
Q3 25
$240.0M
$186.2M
Q2 25
$224.2M
$182.4M
Q1 25
$240.4M
$178.6M
Q4 24
$250.7M
$182.7M
Q3 24
$151.8M
$174.7M
Q2 24
$130.3M
$179.8M
Q1 24
$128.0M
$174.4M
Net Profit
INVX
INVX
OFG
OFG
Q4 25
$14.0M
$55.9M
Q3 25
$39.2M
$51.8M
Q2 25
$15.3M
$51.8M
Q1 25
$14.8M
$45.6M
Q4 24
$31.8M
$50.3M
Q3 24
$82.6M
$47.0M
Q2 24
$9.5M
$51.1M
Q1 24
$16.4M
$49.7M
Gross Margin
INVX
INVX
OFG
OFG
Q4 25
28.9%
Q3 25
31.6%
Q2 25
32.0%
Q1 25
31.8%
Q4 24
33.9%
Q3 24
34.7%
Q2 24
35.3%
Q1 24
38.4%
Operating Margin
INVX
INVX
OFG
OFG
Q4 25
9.4%
25.7%
Q3 25
26.0%
33.0%
Q2 25
10.1%
36.1%
Q1 25
9.1%
33.3%
Q4 24
10.7%
28.9%
Q3 24
-8.7%
35.4%
Q2 24
10.0%
39.6%
Q1 24
17.4%
38.9%
Net Margin
INVX
INVX
OFG
OFG
Q4 25
5.1%
30.3%
Q3 25
16.3%
27.8%
Q2 25
6.8%
28.4%
Q1 25
6.1%
25.5%
Q4 24
12.7%
27.6%
Q3 24
54.4%
26.9%
Q2 24
7.3%
28.4%
Q1 24
12.8%
28.5%
EPS (diluted)
INVX
INVX
OFG
OFG
Q4 25
$0.20
$1.27
Q3 25
$0.57
$1.16
Q2 25
$0.22
$1.15
Q1 25
$0.21
$1.00
Q4 24
$-0.03
$1.10
Q3 24
$1.99
$1.00
Q2 24
$0.30
$1.08
Q1 24
$0.51
$1.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INVX
INVX
OFG
OFG
Cash + ST InvestmentsLiquidity on hand
$1.0B
Total DebtLower is stronger
$18.9M
Stockholders' EquityBook value
$1.1B
$1.4B
Total Assets
$1.3B
$12.5B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INVX
INVX
OFG
OFG
Q4 25
$1.0B
Q3 25
$740.3M
Q2 25
$851.8M
Q1 25
$710.6M
Q4 24
$591.1M
Q3 24
$680.6M
Q2 24
$185.6M
$740.4M
Q1 24
$202.2M
$754.4M
Total Debt
INVX
INVX
OFG
OFG
Q4 25
$18.9M
Q3 25
$20.1M
Q2 25
$34.8M
Q1 25
$19.7M
Q4 24
$24.9M
Q3 24
$12.4M
Q2 24
Q1 24
Stockholders' Equity
INVX
INVX
OFG
OFG
Q4 25
$1.1B
$1.4B
Q3 25
$1.0B
$1.4B
Q2 25
$995.6M
$1.3B
Q1 25
$978.4M
$1.3B
Q4 24
$958.2M
$1.3B
Q3 24
$904.4M
$1.3B
Q2 24
$352.5M
$1.2B
Q1 24
$344.3M
$1.2B
Total Assets
INVX
INVX
OFG
OFG
Q4 25
$1.3B
$12.5B
Q3 25
$1.3B
$12.2B
Q2 25
$1.2B
$12.2B
Q1 25
$1.2B
$11.7B
Q4 24
$1.2B
$11.5B
Q3 24
$1.1B
$11.5B
Q2 24
$1.0B
$11.3B
Q1 24
$1.0B
$11.2B
Debt / Equity
INVX
INVX
OFG
OFG
Q4 25
0.02×
Q3 25
0.02×
Q2 25
0.03×
Q1 25
0.02×
Q4 24
0.03×
Q3 24
0.01×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INVX
INVX
OFG
OFG
Operating Cash FlowLast quarter
$52.2M
$217.7M
Free Cash FlowOCF − Capex
$199.3M
FCF MarginFCF / Revenue
108.1%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
3.74×
3.90×
TTM Free Cash FlowTrailing 4 quarters
$345.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INVX
INVX
OFG
OFG
Q4 25
$52.2M
$217.7M
Q3 25
$48.4M
$39.5M
Q2 25
$59.2M
$35.9M
Q1 25
$31.1M
$83.1M
Q4 24
$36.3M
$252.5M
Q3 24
$21.7M
$58.1M
Q2 24
$22.8M
$95.1M
Q1 24
$12.6M
$61.0M
Free Cash Flow
INVX
INVX
OFG
OFG
Q4 25
$199.3M
Q3 25
$35.5M
Q2 25
$31.8M
Q1 25
$78.7M
Q4 24
$231.2M
Q3 24
$51.8M
Q2 24
$16.6M
$90.4M
Q1 24
$7.8M
$54.8M
FCF Margin
INVX
INVX
OFG
OFG
Q4 25
108.1%
Q3 25
19.1%
Q2 25
17.4%
Q1 25
44.1%
Q4 24
126.5%
Q3 24
29.6%
Q2 24
12.7%
50.3%
Q1 24
6.1%
31.4%
Capex Intensity
INVX
INVX
OFG
OFG
Q4 25
10.0%
Q3 25
2.1%
Q2 25
2.3%
Q1 25
2.4%
Q4 24
11.7%
Q3 24
3.6%
Q2 24
4.7%
2.6%
Q1 24
3.7%
3.5%
Cash Conversion
INVX
INVX
OFG
OFG
Q4 25
3.74×
3.90×
Q3 25
1.23×
0.76×
Q2 25
3.86×
0.69×
Q1 25
2.11×
1.82×
Q4 24
1.14×
5.02×
Q3 24
0.26×
1.24×
Q2 24
2.39×
1.86×
Q1 24
0.77×
1.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INVX
INVX

Products$202.7M74%
Leasing$42.3M15%
Services$28.6M10%

OFG
OFG

Segment breakdown not available.

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