Innovex International INVX
NYSE INVX
$29.69 -0.15 (-0.50%)
As of: Sep 10, 2026 · 3:59 PM EDT

Innovex International (INVX) Work In Process (2016 - 2026)

Innovex International's (INVX) quarterly Work In Process came in at $20.5 million in Q2 2026, up 3.27% on a YoY basis from $19.8 million in Q2 2025, and up 46.36% quarter-over-quarter from $14.0 million in Q1 2026.

Analysis

Innovex International (INVX) Work In Process (2016 - 2026) Analysis & Trends

Innovex International (INVX) has reported Work In Process for 7 consecutive years, with $20.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Work In Process rose 3.27% year-over-year to $20.5 million; the trailing twelve-month figure through Jun 2026 stood at $20.5 million (up 3.27% YoY), and the FY2025 full-year result was $20.2 million, down 16.01% from the prior year.
  • Work In Process improved to $20.5 million in Q2 2026 per INVX's latest filing, from $14.0 million in the prior quarter.
  • Across five years, Work In Process topped out at $38.3 million in Q4 2022 and bottomed at $4.4 million in Q4 2023.
  • Historically, Work In Process has averaged $24.2 million across 5 years, with a median of $23.6 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Work In Process sank 88.58% in 2023, then jumped 451.28% in 2024.
  • Over 5 years, Work In Process stood at $38.3 million in 2022, then tumbled by 88.58% to $4.4 million in 2023, then surged by 451.28% to $24.1 million in 2024, then decreased by 16.01% to $20.2 million in 2025, then rose by 1.28% to $20.5 million in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $20.5 million, $14.0 million, and $20.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 TechnipFMC 29.94 Bn 28.70 Bn 1.40 Bn
2 Nov 7.66 Bn 6.49 Bn 521.00 Mn
3 Cactus 4.76 Bn 4.40 Bn 215.38 Mn
4 Enerflex 2.74 Bn 2.67 Bn 139.00 Mn
5 Innovex International 2.04 Bn 1.82 Bn 83.65 Mn
6 Forum Energy Technologies 912.23 Mn 878.52 Mn 71.35 Mn
7 Flowco Holdings 871.30 Mn 871.30 Mn 49.17 Mn
8 Oil States International 502.04 Mn 482.24 Mn 38.71 Mn
9 OMS Energy Technologies 186.07 Mn 32.11 Mn -
10 NCS Multistage Holdings 140.02 Mn 129.24 Mn 13.95 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.48 Mn
Mar 31, 2026 14.00 Mn
Dec 31, 2025 20.22 Mn
Sep 30, 2025 23.64 Mn
Jun 30, 2025 19.84 Mn
Mar 31, 2025 28.05 Mn
Dec 31, 2024 24.08 Mn
Sep 30, 2024 23.17 Mn
Jun 30, 2024 31.23 Mn
Mar 31, 2024 33.30 Mn
Dec 31, 2023 4.37 Mn
Sep 30, 2023 34.06 Mn
Dec 31, 2022 38.26 Mn
Dec 31, 2017 65.38 Mn
Dec 31, 2016 81.65 Mn