Innovex International (INVX) Research & Development (2009 - 2024)

Innovex International has reported Research & Development for 16 years, with the latest figure at $3.6 million in Q2 2024.

• For the quarter ending Q2 2024, Research & Development rose 12.05% year-over-year to $3.6 million; the trailing twelve-month figure through Jun 2024 stood at $13.4 million (up 11.96% YoY), and the FY2023 full-year result was $12.6 million, up 7.74% from the prior year.
• Research & Development for Q2 2024 stood at $3.6 million, down from $3.7 million in the prior quarter.
• The five-year high for Research & Development was $5.5 million in Q1 2020, with the low at $2.6 million in Q3 2022.
• Historically, Research & Development has averaged $3.7 million across 5 years, with a median of $3.6 million in 2022.
• Annual changes were most pronounced in 2020 — Research & Development surged 52.75% — and 2021, when it tumbled 30.61%.
• Innovex International's Research & Development stood at $4.0 million in 2020, then dropped by 5.05% to $3.8 million in 2021, then retreated by 29.6% to $2.7 million in 2022, then advanced by 10.67% to $3.0 million in 2023, then increased by 20.12% to $3.6 million in 2024.
• The last three Research & Development figures came in at $3.6 million (Q2 2024), $3.7 million (Q1 2024), and $3.0 million (Q4 2023), per Business Quant data.