Innovex International (INVX) Cost of Revenue (2009 - 2026)

Innovex International (INVX) reported Cost of Revenue of $154.5 million for Q1 2026, down 5.73% on a YoY basis from $163.9 million in Q1 2025, and down 20.55% quarter-over-quarter from $194.5 million in Q4 2025.

Innovex International (INVX) Cost of Revenue (2009 - 2026) Analysis & Trends

Innovex International has reported Cost of Revenue for 18 years, with the latest figure at $154.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 5.73% year-over-year to $154.5 million; the trailing twelve-month figure through Mar 2026 stood at $665.6 million (up 29.7% YoY), and the FY2025 full-year result was $675.0 million, up 57.64% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $154.5 million, down from $194.5 million in the prior quarter.
  • The five-year high for Cost of Revenue was $194.5 million in Q4 2025, with the low at $64.0 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $110.1 million across 5 years, with a median of $89.2 million in 2023.
  • Annual changes were most pronounced in 2023 — Cost of Revenue slipped 22.76% — and 2025, when it soared 107.73%.
  • Innovex International's Cost of Revenue stood at $109.7 million in 2022, then fell by 22.76% to $84.7 million in 2023, then jumped by 95.68% to $165.8 million in 2024, then rose by 17.29% to $194.5 million in 2025, then declined by 20.55% to $154.5 million in 2026.
  • The last three Cost of Revenue figures came in at $154.5 million (Q1 2026), $194.5 million (Q4 2025), and $164.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 83.27 Bn 81.06 Bn 4.67 Bn 4.05 Bn
2 Baker Hughes 62.48 Bn 47.89 Bn 1.51 Bn 5.07 Bn
3 Halliburton 33.27 Bn 31.31 Bn 2.04 Bn 3.37 Bn
4 TechnipFMC 28.06 Bn 26.79 Bn 1.49 Bn 1.01 Bn
5 Enerflex 8.52 Bn 8.46 Bn - -
6 Nov 7.61 Bn 6.32 Bn 119.00 Mn 1.67 Bn
7 Weatherford International 7.05 Bn 6.00 Bn 876.00 Mn 276.00 Mn
8 Archrock 6.22 Bn 6.21 Bn 247.42 Mn 126.34 Mn
9 Kodiak Gas Services 5.71 Bn 5.62 Bn 222.88 Mn 122.88 Mn
10 Innovex International 1.99 Bn 1.78 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