Innovex International (INVX) Operating Expenses (2009 - 2026)
Innovex International's (INVX) quarterly Operating Expenses came in at $50.2 million in Q2 2026, up 15.76% on a YoY basis from $43.4 million in Q2 2025, and down 5.7% quarter-over-quarter from $53.2 million in Q1 2026.
Analysis
Innovex International (INVX) Operating Expenses (2009 - 2026) Analysis & Trends
Innovex International (INVX) has reported Operating Expenses for 18 consecutive years, with $50.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 15.76% year-over-year to $50.2 million; the trailing twelve-month figure through Jun 2026 stood at $197.3 million (down 4.28% YoY), and the FY2025 full-year result was $183.5 million, up 10.49% from the prior year.
- Operating Expenses slipped to $50.2 million in Q2 2026 per INVX's latest filing, from $53.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $129.1 million in Q1 2024 and bottomed at $43.4 million in Q2 2025.
- Historically, Operating Expenses has averaged $79.9 million across 5 years, with a median of $80.9 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 62.88% in 2023, then plunged 65.31% in 2025.
- Over 5 years, Operating Expenses stood at $99.2 million in 2022, then gained by 22.79% to $121.8 million in 2023, then plunged by 55.67% to $54.0 million in 2024, then slipped by 15.73% to $45.5 million in 2025, then rose by 10.35% to $50.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $50.2 million, $53.2 million, and $45.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 30.87 Bn | 29.63 Bn | 1.40 Bn | 2.28 Bn |
| 2 | Nov | 7.72 Bn | 6.56 Bn | 521.00 Mn | 1.04 Bn |
| 3 | Cactus | 4.82 Bn | 4.46 Bn | 215.38 Mn | 365.95 Mn |
| 4 | Enerflex | 2.77 Bn | 2.69 Bn | 139.00 Mn | 81.00 Mn |
| 5 | Innovex International | 2.06 Bn | 1.83 Bn | 83.65 Mn | 50.20 Mn |
| 6 | Forum Energy Technologies | 911.33 Mn | 877.61 Mn | 71.35 Mn | 50.85 Mn |
| 7 | Flowco Holdings | 898.72 Mn | 898.72 Mn | 49.17 Mn | 79.71 Mn |
| 8 | Oil States International | 509.94 Mn | 490.13 Mn | 38.71 Mn | 144.95 Mn |
| 9 | OMS Energy Technologies | 197.41 Mn | 43.45 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | 19.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.20 Mn |
| Mar 31, 2026 | 53.24 Mn |
| Dec 31, 2025 | 45.49 Mn |
| Sep 30, 2025 | 48.42 Mn |
| Jun 30, 2025 | 43.37 Mn |
| Mar 31, 2025 | 46.24 Mn |
| Dec 31, 2024 | 53.99 Mn |
| Sep 30, 2024 | 62.58 Mn |
| Jun 30, 2024 | 125.01 Mn |
| Mar 31, 2024 | 129.10 Mn |
| Dec 31, 2023 | 121.79 Mn |
| Sep 30, 2023 | 123.32 Mn |
| Jun 30, 2023 | 86.00 Mn |
| Mar 31, 2023 | 87.68 Mn |
| Dec 31, 2022 | 99.19 Mn |
| Sep 30, 2022 | 75.71 Mn |
| Jun 30, 2022 | 97.85 Mn |
| Mar 31, 2022 | 88.73 Mn |
| Dec 31, 2021 | 149.57 Mn |
| Sep 30, 2021 | 89.93 Mn |