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| Date | Value |
|---|---|
| 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 |