Innovex International (INVX) Operating Leases (2019 - 2026)

Innovex International (INVX) posted Operating Leases of $39.3 million for Q1 2026, down 3.99% on a QoQ basis from $41.0 million in Q4 2025, and down 14.39% year-over-year from $46.0 million in Q1 2025.

Innovex International (INVX) Operating Leases (2019 - 2026) Analysis & Trends

Innovex International's Operating Leases history runs 8 years deep, the most recent figure standing at $39.3 million for Q1 2026.

  • Quarterly Operating Leases fell 14.39% year-over-year to $39.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $39.3 million (down 14.39% YoY) and the FY2025 annual result came in at $41.0 million, down 9.23% from the prior year.
  • Operating Leases was $39.3 million for Q1 2026 at Innovex International, down from $41.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $46.0 million in Q1 2025 and bottomed at $3.8 million in Q4 2022.
  • A 5-year average of $23.3 million and a median of $14.9 million in 2024 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2022 — Operating Leases dropped 19.34% — and 2023, when it surged 613.4%.
  • Innovex International's Operating Leases stood at $3.8 million in 2022, then jumped by 613.4% to $27.2 million in 2023, then jumped by 66.25% to $45.2 million in 2024, then retreated by 9.23% to $41.0 million in 2025, then slipped by 3.99% to $39.3 million in 2026.
  • Business Quant data shows INVX's Operating Leases at $39.3 million in Q1 2026, $41.0 million in Q4 2025, and $43.3 million in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 39.35 Mn
Dec 31, 2025 40.99 Mn
Sep 30, 2025 43.29 Mn
Jun 30, 2025 45.63 Mn
Mar 31, 2025 45.96 Mn
Dec 31, 2024 45.15 Mn
Sep 30, 2024 39.31 Mn
Jun 30, 2024 14.94 Mn
Mar 31, 2024 14.54 Mn
Dec 31, 2023 27.16 Mn
Sep 30, 2023 14.38 Mn
Jun 30, 2023 4.92 Mn
Mar 31, 2023 5.18 Mn
Dec 31, 2022 3.81 Mn
Sep 30, 2022 3.82 Mn
Jun 30, 2022 3.87 Mn
Mar 31, 2022 3.97 Mn
Dec 31, 2021 4.17 Mn
Sep 30, 2021 4.41 Mn
Jun 30, 2021 4.64 Mn