Innovex International (INVX) Tax Provisions (2009 - 2026)

Innovex International (INVX) posted Tax Provisions of -$4.9 million for Q1 2026, down 137.96% on a QoQ basis from $13.0 million in Q4 2025, and down 174.51% year-over-year from $6.6 million in Q1 2025.

Innovex International (INVX) Tax Provisions (2009 - 2026) Analysis & Trends

Innovex International's Tax Provisions history runs 18 years deep, the most recent figure standing at -$4.9 million for Q1 2026.

  • Quarterly Tax Provisions fell 174.51% year-over-year to -$4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.7 million (up 745.13% YoY) and the FY2025 annual result came in at $45.2 million, up 1708.0% from the prior year.
  • Tax Provisions was -$4.9 million for Q1 2026 at Innovex International, down from $13.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $18.7 million in Q3 2025 and bottomed at -$4.9 million in Q1 2026.
  • A 5-year average of $4.2 million and a median of $4.3 million in 2024 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2023 — Tax Provisions surged 1391.97% — and 2024, when it sank 186.56%.
  • Innovex International's Tax Provisions stood at $4.6 million in 2022, then increased by 8.62% to $5.0 million in 2023, then tumbled by 186.56% to -$4.4 million in 2024, then surged by 397.29% to $13.0 million in 2025, then slumped by 137.96% to -$4.9 million in 2026.
  • Business Quant data shows INVX's Tax Provisions at -$4.9 million in Q1 2026, $13.0 million in Q4 2025, and $18.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 195.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 95.90 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 105.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 15.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 33.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 23.40 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 18.72 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 2.76 Mn
10 Innovex International 1.85 Bn 1.64 Bn 84.51 Mn -4.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.92 Mn
Dec 31, 2025 12.97 Mn
Sep 30, 2025 18.73 Mn
Jun 30, 2025 6.89 Mn
Mar 31, 2025 6.61 Mn
Dec 31, 2024 -4.36 Mn
Sep 30, 2024 -2.59 Mn
Jun 30, 2024 4.33 Mn
Mar 31, 2024 5.12 Mn
Dec 31, 2023 5.04 Mn
Sep 30, 2023 7.88 Mn
Jun 30, 2023 2.10 Mn
Mar 31, 2023 3.62 Mn
Dec 31, 2022 4.64 Mn
Sep 30, 2022 -610,000.00
Jun 30, 2022 2.18 Mn
Mar 31, 2022 3.50 Mn
Dec 31, 2021 -8.15 Mn
Sep 30, 2021 4.30 Mn
Jun 30, 2021 4.41 Mn