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

Innovex International, Inc. is the larger business by last-quarter revenue ($273.6M vs $179.7M, roughly 1.5× Solaris Energy Infrastructure, Inc.). Innovex International, Inc. runs the higher net margin — 5.1% vs -0.9%, a 6.0% gap on every dollar of revenue. On growth, Solaris Energy Infrastructure, Inc. posted the faster year-over-year revenue change (86.6% vs 9.1%). Over the past eight quarters, Solaris Energy Infrastructure, Inc.'s revenue compounded faster (62.7% CAGR vs 46.2%).

AGL Energy Ltd is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use. It is one of the "big three" retailers in the National Electricity Market. AGL is Australia's largest electricity generator, and the nation's largest carbon emitter.

INVX vs SEI — Head-to-Head

Bigger by revenue
INVX
INVX
1.5× larger
INVX
$273.6M
$179.7M
SEI
Growing faster (revenue YoY)
SEI
SEI
+77.5% gap
SEI
86.6%
9.1%
INVX
Higher net margin
INVX
INVX
6.0% more per $
INVX
5.1%
-0.9%
SEI
Faster 2-yr revenue CAGR
SEI
SEI
Annualised
SEI
62.7%
46.2%
INVX

Income Statement — Q4 2025 vs Q4 2025

Metric
INVX
INVX
SEI
SEI
Revenue
$273.6M
$179.7M
Net Profit
$14.0M
$-1.7M
Gross Margin
28.9%
Operating Margin
9.4%
22.2%
Net Margin
5.1%
-0.9%
Revenue YoY
9.1%
86.6%
Net Profit YoY
-56.1%
-126.5%
EPS (diluted)
$0.20

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
SEI
SEI
Q4 25
$273.6M
$179.7M
Q3 25
$240.0M
$166.8M
Q2 25
$224.2M
$149.3M
Q1 25
$240.4M
$126.3M
Q4 24
$250.7M
$96.3M
Q3 24
$151.8M
$75.0M
Q2 24
$130.3M
$73.9M
Q1 24
$128.0M
$67.9M
Net Profit
INVX
INVX
SEI
SEI
Q4 25
$14.0M
$-1.7M
Q3 25
$39.2M
$14.6M
Q2 25
$15.3M
$12.0M
Q1 25
$14.8M
$5.3M
Q4 24
$31.8M
$6.3M
Q3 24
$82.6M
$-968.0K
Q2 24
$9.5M
$6.2M
Q1 24
$16.4M
$4.3M
Gross Margin
INVX
INVX
SEI
SEI
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
SEI
SEI
Q4 25
9.4%
22.2%
Q3 25
26.0%
22.7%
Q2 25
10.1%
23.8%
Q1 25
9.1%
17.5%
Q4 24
10.7%
26.7%
Q3 24
-8.7%
7.0%
Q2 24
10.0%
16.0%
Q1 24
17.4%
14.7%
Net Margin
INVX
INVX
SEI
SEI
Q4 25
5.1%
-0.9%
Q3 25
16.3%
8.7%
Q2 25
6.8%
8.0%
Q1 25
6.1%
4.2%
Q4 24
12.7%
6.5%
Q3 24
54.4%
-1.3%
Q2 24
7.3%
8.4%
Q1 24
12.8%
6.4%
EPS (diluted)
INVX
INVX
SEI
SEI
Q4 25
$0.20
Q3 25
$0.57
Q2 25
$0.22
Q1 25
$0.21
Q4 24
$-0.03
Q3 24
$1.99
Q2 24
$0.30
Q1 24
$0.51

Balance Sheet & Financial Strength

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

Metric
INVX
INVX
SEI
SEI
Cash + ST InvestmentsLiquidity on hand
$353.3M
Total DebtLower is stronger
$18.9M
$184.0M
Stockholders' EquityBook value
$1.1B
$564.3M
Total Assets
$1.3B
$2.1B
Debt / EquityLower = less leverage
0.02×
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INVX
INVX
SEI
SEI
Q4 25
$353.3M
Q3 25
$106.7M
Q2 25
$99.6M
Q1 25
$16.7M
Q4 24
$114.3M
Q3 24
$18.6M
Q2 24
$185.6M
$5.1M
Q1 24
$202.2M
$3.4M
Total Debt
INVX
INVX
SEI
SEI
Q4 25
$18.9M
$184.0M
Q3 25
$20.1M
$382.8M
Q2 25
$34.8M
$386.2M
Q1 25
$19.7M
$316.2M
Q4 24
$24.9M
$315.7M
Q3 24
$12.4M
$315.3M
Q2 24
Q1 24
Stockholders' Equity
INVX
INVX
SEI
SEI
Q4 25
$1.1B
$564.3M
Q3 25
$1.0B
$546.6M
Q2 25
$995.6M
$399.1M
Q1 25
$978.4M
$361.3M
Q4 24
$958.2M
$355.6M
Q3 24
$904.4M
$221.7M
Q2 24
$352.5M
$204.6M
Q1 24
$344.3M
$200.1M
Total Assets
INVX
INVX
SEI
SEI
Q4 25
$1.3B
$2.1B
Q3 25
$1.3B
$1.6B
Q2 25
$1.2B
$1.5B
Q1 25
$1.2B
$1.1B
Q4 24
$1.2B
$1.1B
Q3 24
$1.1B
$939.5M
Q2 24
$1.0B
$457.8M
Q1 24
$1.0B
$457.1M
Debt / Equity
INVX
INVX
SEI
SEI
Q4 25
0.02×
0.33×
Q3 25
0.02×
0.70×
Q2 25
0.03×
0.97×
Q1 25
0.02×
0.88×
Q4 24
0.03×
0.89×
Q3 24
0.01×
1.42×
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
SEI
SEI
Operating Cash FlowLast quarter
$52.2M
$95.9M
Free Cash FlowOCF − Capex
$-158.6M
FCF MarginFCF / Revenue
-88.2%
Capex IntensityCapex / Revenue
141.6%
Cash ConversionOCF / Net Profit
3.74×
TTM Free Cash FlowTrailing 4 quarters
$-437.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INVX
INVX
SEI
SEI
Q4 25
$52.2M
$95.9M
Q3 25
$48.4M
$63.3M
Q2 25
$59.2M
$24.2M
Q1 25
$31.1M
$25.7M
Q4 24
$36.3M
$13.1M
Q3 24
$21.7M
$10.5M
Q2 24
$22.8M
$18.9M
Q1 24
$12.6M
$16.9M
Free Cash Flow
INVX
INVX
SEI
SEI
Q4 25
$-158.6M
Q3 25
$462.0K
Q2 25
$-160.9M
Q1 25
$-118.6M
Q4 24
$-113.6M
Q3 24
$-47.2M
Q2 24
$16.6M
$18.2M
Q1 24
$7.8M
$13.5M
FCF Margin
INVX
INVX
SEI
SEI
Q4 25
-88.2%
Q3 25
0.3%
Q2 25
-107.8%
Q1 25
-93.9%
Q4 24
-117.9%
Q3 24
-63.0%
Q2 24
12.7%
24.7%
Q1 24
6.1%
19.9%
Capex Intensity
INVX
INVX
SEI
SEI
Q4 25
141.6%
Q3 25
37.6%
Q2 25
124.0%
Q1 25
114.2%
Q4 24
131.5%
Q3 24
77.0%
Q2 24
4.7%
0.9%
Q1 24
3.7%
4.9%
Cash Conversion
INVX
INVX
SEI
SEI
Q4 25
3.74×
Q3 25
1.23×
4.35×
Q2 25
3.86×
2.02×
Q1 25
2.11×
4.83×
Q4 24
1.14×
2.10×
Q3 24
0.26×
Q2 24
2.39×
3.04×
Q1 24
0.77×
3.91×

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%

SEI
SEI

Solaris Power Solutions$103.7M58%
Solaris Logistics Solutions$76.1M42%

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