Innovex International (INVX) Gross Margin (2009 - 2026)
Innovex International (INVX) reported Gross Margin of 34.16% for Q2 2026, up 2.17 percentage points from 31.98% a year earlier but down 1.20 percentage points from the prior quarter.
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Analysis
Innovex International (INVX) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Innovex International's Gross Margin came in at 32.40%, down 0.55 percentage points year-over-year; for FY2025, it came in at 31.00%, down 4.20 percentage points from FY2024.
- Gross Margin has a five-year change of +4.90 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 35.20% in FY2024 (+0.02 pp), 35.18% in FY2023 (+1.34 pp), 33.84% in FY2022 (+29.76 pp) and 4.09% in FY2021 (-22.02 pp).
- Five-year quarterly Gross Margin spans a low of -65.48% in Q4 2021 and a high of 45.67% in Q4 2022.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -1.98 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2022 (a gain of 111.15 percentage points); the low point was Q4 2021 (a drop of 91.96 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 35.35% (Q1 2026), 28.92% (Q4 2025) and 31.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.46% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 24.78% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 14.07% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 24.41% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 33.25% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 37.06% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 30.14% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 22.94% |
| 10 | Innovex International | 1.86 Bn | 1.07 Bn | 83.65 Mn | 34.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.16% |
| Mar 31, 2026 | 35.35% |
| Dec 31, 2025 | 28.92% |
| Sep 30, 2025 | 31.64% |
| Jun 30, 2025 | 31.98% |
| Mar 31, 2025 | 31.82% |
| Dec 31, 2024 | 33.85% |
| Sep 30, 2024 | 34.70% |
| Jun 30, 2024 | 35.30% |
| Mar 31, 2024 | 38.35% |
| Dec 31, 2023 | 36.38% |
| Sep 30, 2023 | 35.88% |
| Jun 30, 2023 | 26.67% |
| Mar 31, 2023 | 27.91% |
| Dec 31, 2022 | 45.67% |
| Sep 30, 2022 | 25.45% |
| Jun 30, 2022 | 25.87% |
| Mar 31, 2022 | 23.02% |
| Dec 31, 2021 | -65.48% |
| Sep 30, 2021 | 24.29% |
API Access
Innovex International Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=INVX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "INVX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=INVX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();