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