Shares of Innovex International, Inc. (NYSE: INVX) skyrocketed 13.46% in after-hours trading on Monday, following the release of the company's impressive third-quarter 2025 financial results that significantly exceeded analyst expectations.

Innovex reported quarterly earnings of $0.57 per share, more than doubling the analyst consensus estimate of $0.25 and marking a 128% increase from the same period last year. The oilfield services firm also delivered strong top-line growth, with revenue reaching $240 million, beating the analyst estimate of $217 million by 10.60% and representing a 58.09% year-over-year increase. The company's adjusted EBITDA for the quarter came in at $43.613 million, also surpassing analyst projections.

Looking ahead, Innovex provided an optimistic outlook for the fourth quarter of 2025, projecting revenue between $235 million and $245 million. The company also highlighted its progress in the subsea product line transformation and increased market share in the U.S. Land market. Additionally, Innovex announced the closure of its legacy Dril-Quip Eldridge Facility sale for $90 million, further strengthening its financial position. These factors, combined with the strong Q3 performance, have fueled investor enthusiasm and contributed to the significant after-hours stock price surge.