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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |