Innovex International (INVX) Tax Provisions (2009 - 2026)
Innovex International's (INVX) quarterly Tax Provisions came in at $10.4 million in Q2 2026, up 50.57% on a YoY basis from $6.9 million in Q2 2025, and up 310.77% quarter-over-quarter from -$4.9 million in Q1 2026.
Analysis
Innovex International (INVX) Tax Provisions (2009 - 2026) Analysis & Trends
Innovex International (INVX) has reported Tax Provisions for 18 consecutive years, with $10.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 50.57% year-over-year to $10.4 million; the trailing twelve-month figure through Jun 2026 stood at $37.2 million (up 9.24% YoY), and the FY2025 full-year result was $45.2 million, up 50.82% from the prior year.
- Tax Provisions improved to $10.4 million in Q2 2026 per INVX's latest filing, from -$4.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $23.1 million in Q4 2024 and bottomed at -$4.9 million in Q1 2026.
- Historically, Tax Provisions has averaged $6.8 million across 5 years, with a median of $5.9 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Tax Provisions soared 3453.77% in 2022, then tumbled 174.51% in 2026.
- Over 5 years, Tax Provisions stood at $11.3 million in 2022, then gained by 10.12% to $12.4 million in 2023, then surged by 85.85% to $23.1 million in 2024, then sank by 43.8% to $13.0 million in 2025, then dropped by 20.18% to $10.4 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $10.4 million, -$4.9 million, and $13.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 29.94 Bn | 28.70 Bn | 1.40 Bn | 114.10 Mn |
| 2 | Nov | 7.66 Bn | 6.49 Bn | 521.00 Mn | 41.00 Mn |
| 3 | Cactus | 4.76 Bn | 4.40 Bn | 215.38 Mn | 23.15 Mn |
| 4 | Enerflex | 2.74 Bn | 2.67 Bn | 139.00 Mn | 15.00 Mn |
| 5 | Innovex International | 2.04 Bn | 1.82 Bn | 83.65 Mn | 10.38 Mn |
| 6 | Forum Energy Technologies | 912.23 Mn | 878.52 Mn | 71.35 Mn | 3.60 Mn |
| 7 | Flowco Holdings | 871.30 Mn | 871.30 Mn | 49.17 Mn | 4.65 Mn |
| 8 | Oil States International | 502.04 Mn | 482.24 Mn | 38.71 Mn | 2.01 Mn |
| 9 | OMS Energy Technologies | 186.07 Mn | 32.11 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | -1.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.38 Mn |
| 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 | 23.13 Mn |
| Sep 30, 2024 | -2.59 Mn |
| Jun 30, 2024 | 4.33 Mn |
| Mar 31, 2024 | 5.12 Mn |
| Dec 31, 2023 | 12.45 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 | 318,000.00 |
| Sep 30, 2021 | 4.30 Mn |