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

Innovex International has reported Work In Process for 7 years, with the latest figure at $14.0 million in Q1 2026.

• For the quarter ending Q1 2026, Work In Process fell 50.1% year-over-year to $14.0 million; the trailing twelve-month figure through Mar 2026 stood at $14.0 million (down 50.1% YoY), and the FY2025 full-year result was $20.2 million, down 16.01% from the prior year.
• Work In Process for Q1 2026 stood at $14.0 million, down from $20.2 million in the prior quarter.
• The five-year high for Work In Process was $38.3 million in Q4 2022, with the low at $4.4 million in Q4 2023.
• Historically, Work In Process has averaged $24.5 million across 5 years, with a median of $23.9 million in 2024.
• Annual changes were most pronounced in 2023 — Work In Process plunged 88.58% — and 2024, when it soared 451.28%.
• Innovex International's Work In Process stood at $38.3 million in 2022, then sank by 88.58% to $4.4 million in 2023, then soared by 451.28% to $24.1 million in 2024, then fell by 16.01% to $20.2 million in 2025, then sank by 30.8% to $14.0 million in 2026.
• The last three Work In Process figures came in at $14.0 million (Q1 2026), $20.2 million (Q4 2025), and $23.6 million (Q3 2025), per Business Quant data.