Innovex International (INVX) Operating Income (2009 - 2026)

Innovex International (INVX) posted Operating Income of -$21.8 million for Q1 2026, down 184.63% on a QoQ basis from $25.8 million in Q4 2025, and down 199.92% year-over-year from $21.8 million in Q1 2025.

Innovex International (INVX) Operating Income (2009 - 2026) Analysis & Trends

Innovex International's Operating Income history runs 18 years deep, the most recent figure standing at -$21.8 million for Q1 2026.

  • Quarterly Operating Income fell 199.92% year-over-year to -$21.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $88.9 million (up 82.96% YoY) and the FY2025 annual result came in at $132.6 million, up 170.25% from the prior year.
  • Operating Income was -$21.8 million for Q1 2026 at Innovex International, down from $25.8 million in the prior quarter.
  • Across five years, Operating Income topped out at $72.9 million in Q4 2022 and bottomed at -$21.8 million in Q1 2026.
  • A 5-year average of $17.0 million and a median of $21.8 million in 2025 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2024 — Operating Income surged 599.84% — and 2026, when it plunged 199.92%.
  • Innovex International's Operating Income stood at $72.9 million in 2022, then sank by 68.02% to $23.3 million in 2023, then grew by 15.49% to $26.9 million in 2024, then declined by 4.15% to $25.8 million in 2025, then tumbled by 184.63% to -$21.8 million in 2026.
  • Business Quant data shows INVX's Operating Income at -$21.8 million in Q1 2026, $25.8 million in Q4 2025, and $62.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 5.12 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 1.52 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 361.80 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 679.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 119.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 107.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 202.06 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 57.79 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 106.81 Mn
10 Innovex International 1.85 Bn 1.64 Bn 84.51 Mn -21.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.83 Mn
Dec 31, 2025 25.80 Mn
Sep 30, 2025 62.28 Mn
Jun 30, 2025 22.70 Mn
Mar 31, 2025 21.85 Mn
Dec 31, 2024 26.91 Mn
Sep 30, 2024 -13.22 Mn
Jun 30, 2024 13.07 Mn
Mar 31, 2024 22.31 Mn
Dec 31, 2023 23.30 Mn
Sep 30, 2023 23.98 Mn
Jun 30, 2023 3.61 Mn
Mar 31, 2023 3.19 Mn
Dec 31, 2022 72.87 Mn
Sep 30, 2022 12.43 Mn
Jun 30, 2022 -3.87 Mn
Mar 31, 2022 -5.59 Mn
Dec 31, 2021 -72.15 Mn
Sep 30, 2021 -6.94 Mn
Jun 30, 2021 -14.66 Mn