Innovex International (INVX) Tax Provisions (2009 - 2026)
Innovex International's (INVX) quarterly Tax Provisions came in at -$4.9 million in Q1 2026, down 174.51% YoY from $6.6 million in Q1 2025, and down 137.96% on a QoQ basis from $13.0 million in Q4 2025.
Innovex International (INVX) Tax Provisions (2009 - 2026) Analysis & Trends
Innovex International (INVX) has 18 years of Tax Provisions data on file, last reported at -$4.9 million in 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 retreated to -$4.9 million in Q1 2026, from $13.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $18.7 million in Q3 2025 to a low of -$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 slumped 186.56%.
- Tracing INVX's Tax Provisions over 5 years: stood at $4.6 million in 2022, then climbed by 8.62% to $5.0 million in 2023, then sank by 186.56% to -$4.4 million in 2024, then soared by 397.29% to $13.0 million in 2025, then plunged by 137.96% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 204.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 210.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -81,938.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 114.10 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 126.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 41.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 33.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 21.10 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 25.82 Mn |
| 10 | Innovex International | 2.00 Bn | 1.77 Bn | 83.65 Mn | 10.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.38 Mn |
| 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 |