Innovex International INVX
NYSE INVX
$29.85 +0.05 (+0.17%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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