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
DateValue
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