Innovex International (INVX) Operating Expenses (2009 - 2026)
Innovex International's (INVX) quarterly Operating Expenses came in at $43.3 million in Q1 2026, up 18.28% YoY from $36.6 million in Q1 2025, and up 18.75% on a QoQ basis from $36.5 million in Q4 2025.
Innovex International (INVX) Operating Expenses (2009 - 2026) Analysis & Trends
Innovex International (INVX) has 18 years of Operating Expenses data on file, last reported at $43.3 million in Q1 2026.
- Quarterly Operating Expenses rose 18.28% year-over-year to $43.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $153.0 million (down 42.48% YoY) and the FY2025 annual result came in at $146.3 million, down 2.12% from the prior year.
- Operating Expenses improved to $43.3 million in Q1 2026, from $36.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $129.1 million in Q1 2024 to a low of $34.0 million in Q2 2025.
- A 5-year average of $78.1 million and a median of $86.0 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 62.88% — and 2025, when it tumbled 72.83%.
- Tracing INVX's Operating Expenses over 5 years: stood at $99.2 million in 2022, then increased by 22.79% to $121.8 million in 2023, then sank by 62.16% to $46.1 million in 2024, then dropped by 20.82% to $36.5 million in 2025, then advanced by 18.75% to $43.3 million in 2026.
- The last three Operating Expenses figures came in at $43.3 million (Q1 2026), $36.5 million (Q4 2025), and $39.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 39.97 Mn |
| 10 | Innovex International | 2.00 Bn | 1.77 Bn | 83.65 Mn | 50.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.70 Mn |
| Mar 31, 2026 | 43.34 Mn |
| Dec 31, 2025 | 36.49 Mn |
| Sep 30, 2025 | 39.22 Mn |
| Jun 30, 2025 | 33.97 Mn |
| Mar 31, 2025 | 36.64 Mn |
| Dec 31, 2024 | 46.09 Mn |
| Sep 30, 2024 | 58.28 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 |