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