Innovex International (INVX) Cost of Revenue (2009 - 2026)
Innovex International (INVX) posted Cost of Revenue of $154.5 million for Q1 2026, down 20.55% on a QoQ basis from $194.5 million in Q4 2025, and down 5.73% year-over-year from $163.9 million in Q1 2025.
Innovex International (INVX) Cost of Revenue (2009 - 2026) Analysis & Trends
Innovex International's Cost of Revenue history runs 18 years deep, the most recent figure standing at $154.5 million for Q1 2026.
- Quarterly Cost of Revenue fell 5.73% year-over-year to $154.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $665.6 million (up 29.7% YoY) and the FY2025 annual result came in at $675.0 million, up 57.64% from the prior year.
- Cost of Revenue was $154.5 million for Q1 2026 at Innovex International, down from $194.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $194.5 million in Q4 2025 and bottomed at $64.0 million in Q1 2022.
- A 5-year average of $110.1 million and a median of $89.2 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue fell 22.76% — and 2025, when it soared 107.73%.
- Innovex International's Cost of Revenue stood at $109.7 million in 2022, then decreased by 22.76% to $84.7 million in 2023, then soared by 95.68% to $165.8 million in 2024, then advanced by 17.29% to $194.5 million in 2025, then retreated by 20.55% to $154.5 million in 2026.
- Business Quant data shows INVX's Cost of Revenue at $154.5 million in Q1 2026, $194.5 million in Q4 2025, and $164.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 3.34 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 2.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 855.20 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.37 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.67 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 329.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 126.34 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 565.16 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Innovex International | 1.85 Bn | 1.64 Bn | 84.51 Mn | 154.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 154.52 Mn |
| Mar 31, 2026 | 154.52 Mn |
| Dec 31, 2025 | 194.49 Mn |
| Dec 31, 2025 | 194.49 Mn |
| Sep 30, 2025 | 164.06 Mn |
| Sep 30, 2025 | 164.06 Mn |
| Jun 30, 2025 | 152.52 Mn |
| Jun 30, 2025 | 152.52 Mn |
| Mar 31, 2025 | 163.91 Mn |
| Mar 31, 2025 | 163.91 Mn |
| Dec 31, 2024 | 165.82 Mn |
| Dec 31, 2024 | 165.82 Mn |
| Sep 30, 2024 | 99.14 Mn |
| Sep 30, 2024 | 99.14 Mn |
| Jun 30, 2024 | 84.31 Mn |
| Jun 30, 2024 | 84.31 Mn |
| Mar 31, 2024 | 78.91 Mn |
| Mar 31, 2024 | 78.91 Mn |
| Dec 31, 2023 | 84.74 Mn |
| Dec 31, 2023 | 84.74 Mn |