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