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

Innovex International (INVX) reported Tax Provisions of -$4.9 million for Q1 2026, down 174.51% on a YoY basis from $6.6 million in Q1 2025, and down 137.87% quarter-over-quarter from $13.0 million in Q4 2025.

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

Innovex International has reported Tax Provisions for 18 years, with the latest figure at -$4.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 174.51% year-over-year to -$4.9 million; the trailing twelve-month figure through Mar 2026 stood at $33.7 million (up 745.91% YoY), and the FY2025 full-year result was $45.2 million, up 1709.24% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$4.9 million, down from $13.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $18.7 million in Q3 2025, with the low at -$4.9 million in Q1 2026.
  • Historically, Tax Provisions has averaged $4.6 million across 5 years, with a median of $4.3 million in 2024.
  • Annual changes were most pronounced in 2023 — Tax Provisions surged 1391.97% — and 2024, when it sank 187.26%.
  • Innovex International's Tax Provisions stood at $11.3 million in 2022, then slumped by 55.76% to $5.0 million in 2023, then slumped by 187.26% to -$4.4 million in 2024, then jumped by 398.01% to $13.0 million in 2025, then slumped by 137.87% to -$4.9 million in 2026.
  • The last three Tax Provisions figures came in at -$4.9 million (Q1 2026), $13.0 million (Q4 2025), and $18.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Slb 83.64 Bn 81.43 Bn 4.67 Bn 195.00 Mn
2 Baker Hughes 63.03 Bn 48.45 Bn 1.51 Bn 336.00 Mn
3 Halliburton 33.15 Bn 31.20 Bn 2.04 Bn 105.00 Mn
4 TechnipFMC 27.40 Bn 26.13 Bn 1.49 Bn 95.90 Mn
5 Enerflex 8.81 Bn 8.75 Bn - 41.00 Mn
6 Nov 7.52 Bn 6.24 Bn 119.00 Mn 15.00 Mn
7 Weatherford International 7.29 Bn 6.24 Bn 876.00 Mn -4.00 Mn
8 Archrock 6.12 Bn 6.11 Bn 247.42 Mn 23.40 Mn
9 Kodiak Gas Services 5.77 Bn 5.68 Bn 222.88 Mn 2.76 Mn
10 Innovex International 1.97 Bn 1.77 Bn 84.51 Mn -4.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.92 Mn
Dec 31, 2025 13.00 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 5.00 Mn
Sep 30, 2023 7.88 Mn
Jun 30, 2023 2.10 Mn
Mar 31, 2023 3.62 Mn
Dec 31, 2022 11.30 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