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

Innovex International's Work In Process history runs 7 years deep, the most recent figure standing at $14.0 million for Q1 2026.

• Quarterly Work In Process fell 50.1% year-over-year to $14.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.0 million (down 50.1% YoY) and the FY2025 annual result came in at $20.2 million, down 16.01% from the prior year.
• Work In Process was $14.0 million for Q1 2026 at Innovex International, down from $20.2 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.
• A 5-year average of $24.5 million and a median of $23.9 million in 2024 frame the typical range for Work In Process.
• Annual changes were most pronounced in 2023 — Work In Process tumbled 88.58% — and 2024, when it soared 451.28%.
• Innovex International's 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 tumbled by 30.8% to $14.0 million in 2026.
• Business Quant data shows INVX's Work In Process at $14.0 million in Q1 2026, $20.2 million in Q4 2025, and $23.6 million in Q3 2025.