Innovex International (INVX) Research & Development (2016 - 2024)
Innovex International's Research & Development history spans 16 years, with the latest figure at $3.6 million for Q2 2024.
- For Q2 2024, Research & Development rose 12.05% year-over-year to $3.6 million; the TTM value through Jun 2024 reached $13.4 million, up 11.96%, while the annual FY2023 figure was $12.6 million, 7.74% up from the prior year.
- Research & Development reached $3.6 million in Q2 2024 per INVX's latest filing, down from $3.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $5.5 million in Q1 2020 to a low of $2.6 million in Q3 2022.
- Average Research & Development over 5 years is $3.7 million, with a median of $3.6 million recorded in 2022.
- Peak YoY movement for Research & Development: soared 52.75% in 2020, then tumbled 30.61% in 2021.
- A 5-year view of Research & Development shows it stood at $4.0 million in 2020, then fell by 5.05% to $3.8 million in 2021, then fell by 29.6% to $2.7 million in 2022, then grew by 10.67% to $3.0 million in 2023, then grew by 20.12% to $3.6 million in 2024.
- Per Business Quant, the three most recent readings for INVX's Research & Development are $3.6 million (Q2 2024), $3.7 million (Q1 2024), and $3.0 million (Q4 2023).