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| 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 |