Innovex International (INVX) Operating Margin (2009 - 2026)
Innovex International's (INVX) quarterly Operating Margin came in at 9.13% in Q1 2026, down 1822.0% YoY from 0.53% in Q1 2025, and down 196.87% on a QoQ basis from 9.43% in Q4 2025.
Innovex International (INVX) Operating Margin (2009 - 2026) Analysis & Trends
Innovex International (INVX) has 18 years of Operating Margin data on file, last reported at 9.13% in Q1 2026.
- Quarterly Operating Margin fell 1822.0% year-over-year to 9.13% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.1% (up 282.0% YoY) and the FY2025 annual result came in at 13.56%, up 613.0% from the prior year.
- Operating Margin slipped to 9.13% in Q1 2026, from 9.43% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 36.09% in Q4 2022 to a low of 9.13% in Q1 2026.
- A 5-year average of 9.21% and a median of 10.03% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 10640 bps — and 2024, when it slumped 2595 bps.
- Tracing INVX's Operating Margin over 5 years: stood at 36.09% in 2022, then slumped by 52 bps to 17.5% in 2023, then slumped by 39 bps to 10.74% in 2024, then declined by 12 bps to 9.43% in 2025, then tumbled by 197 bps to 9.13% in 2026.
- The last three Operating Margin figures came in at 9.13% (Q1 2026), 9.43% (Q4 2025), and 25.95% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.55 Bn | 75.48 Bn | 4.63 Bn | 48.02% |
| 2 | Baker Hughes | 62.23 Bn | 46.50 Bn | 1.58 Bn | 12.74% |
| 3 | Tenaris | 52.93 Bn | 43.90 Bn | 984.66 | 16.32% |
| 4 | TechnipFMC | 30.73 Bn | 29.49 Bn | 1.40 Bn | -31.83% |
| 5 | Halliburton | 29.45 Bn | 27.40 Bn | 2.10 Bn | 13.62% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 12.28% |
| 7 | Weatherford International | 6.50 Bn | 5.36 Bn | 662.00 Mn | 9.68% |
| 8 | Kodiak Gas Services | 5.63 Bn | 5.50 Bn | 246.76 Mn | 31.76% |
| 9 | Archrock | 5.50 Bn | 5.50 Bn | 244.51 Mn | 55.10% |
| 10 | Innovex International | 1.98 Bn | 1.76 Bn | 83.65 Mn | 13.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.79% |
| Mar 31, 2026 | -9.13% |
| Dec 31, 2025 | 9.43% |
| Sep 30, 2025 | 25.95% |
| Jun 30, 2025 | 10.12% |
| Mar 31, 2025 | 9.09% |
| Dec 31, 2024 | 10.74% |
| Sep 30, 2024 | -8.71% |
| Jun 30, 2024 | 10.03% |
| Mar 31, 2024 | 17.43% |
| Dec 31, 2023 | 17.50% |
| Sep 30, 2023 | 17.24% |
| Jun 30, 2023 | 4.02% |
| Mar 31, 2023 | 3.51% |
| Dec 31, 2022 | 36.09% |
| Sep 30, 2022 | 14.10% |
| Jun 30, 2022 | -4.12% |
| Mar 31, 2022 | -6.73% |
| Dec 31, 2021 | -70.31% |
| Sep 30, 2021 | -9.48% |