Innovex International, Inc. (INVX) stock
INVXNYSEOil & Gas Field Machinery & EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 9/3025% above fair value
$25.04−0.21 (-0.83%)
Close on Nov 12, 2026Market cap $1.75BP/E 36.3Yield –
Innovex International gross margin
Gross margin is gross profit as a percentage of revenue.
Innovex International's gross margin for the twelve months ending Sep 30, 2026 was 33.6%. For fiscal 2025 it was 31.0%, against 35.2% the year before. The highest annual figure on record is 45.6% in fiscal 2015.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 31.0% | −4.2 |
| FY2024 | Dec 31, 2024 | 35.2% | +0.0 |
| FY2023 | Dec 31, 2023 | 35.2% | +1.3 |
| FY2022 | Dec 31, 2022 | 33.8% | +29.8 |
| FY2021 | Dec 31, 2021 | 4.1% | −22.0 |
| FY2020 | Dec 31, 2020 | 26.1% | −2.8 |
| FY2019 | Dec 31, 2019 | 28.9% | +5.2 |
| FY2018 | Dec 31, 2018 | 23.7% | −3.8 |
| FY2017 | Dec 31, 2017 | 27.5% | −11.5 |
| FY2016 | Dec 31, 2016 | 39.0% | −6.6 |
| FY2015 | Dec 31, 2015 | 45.6% | +0.8 |
| FY2014 | Dec 31, 2014 | 44.8% | +3.7 |
| FY2013 | Dec 31, 2013 | 41.1% | +2.7 |
| FY2012 | Dec 31, 2012 | 38.4% | −1.4 |
| FY2011 | Dec 31, 2011 | 39.8% | −3.2 |
| FY2010 | Dec 31, 2010 | 43.0% | +0.5 |
| FY2009 | Dec 31, 2009 | 42.6% | +0.1 |
| FY2008 | Dec 31, 2008 | 42.5% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 36.2% | +4.5 |
| Q2 FY2026 | Jun 30, 2026 | 34.2% | +2.2 |
| Q1 FY2026 | Mar 31, 2026 | 35.4% | +3.5 |
| Q4 FY2025 | Dec 31, 2025 | 28.9% | −4.9 |
| Q3 FY2025 | Sep 30, 2025 | 31.6% | −3.1 |
| Q2 FY2025 | Jun 30, 2025 | 32.0% | −3.3 |
| Q1 FY2025 | Mar 31, 2025 | 31.8% | −6.5 |
| Q4 FY2024 | Dec 31, 2024 | 33.9% | −2.5 |
| Q3 FY2024 | Sep 30, 2024 | 34.7% | −1.2 |
| Q2 FY2024 | Jun 30, 2024 | 35.3% | +8.6 |
| Q1 FY2024 | Mar 31, 2024 | 38.4% | +10.4 |
| Q4 FY2023 | Dec 31, 2023 | 36.4% | −9.3 |
| Q3 FY2023 | Sep 30, 2023 | 35.9% | +10.4 |
| Q2 FY2023 | Jun 30, 2023 | 26.7% | +0.8 |
| Q1 FY2023 | Mar 31, 2023 | 27.9% | +4.9 |
| Q4 FY2022 | Dec 31, 2022 | 45.7% | +111.2 |
| Q3 FY2022 | Sep 30, 2022 | 25.4% | +1.2 |
| Q2 FY2022 | Jun 30, 2022 | 25.9% | +2.0 |
| Q1 FY2022 | Mar 31, 2022 | 23.0% | −7.1 |
| Q4 FY2021 | Dec 31, 2021 | -65.5% | −92.0 |
| Q3 FY2021 | Sep 30, 2021 | 24.3% | −2.1 |
| Q2 FY2021 | Jun 30, 2021 | 23.8% | −2.2 |
| Q1 FY2021 | Mar 31, 2021 | 30.1% | +4.5 |
| Q4 FY2020 | Dec 31, 2020 | 26.5% | −3.7 |
| Q3 FY2020 | Sep 30, 2020 | 26.4% | −3.4 |
| Q2 FY2020 | Jun 30, 2020 | 26.0% | −2.9 |
| Q1 FY2020 | Mar 31, 2020 | 25.6% | −0.8 |
| Q4 FY2019 | Dec 31, 2019 | 30.2% | +5.6 |
| Q3 FY2019 | Sep 30, 2019 | 29.8% | +6.0 |
| Q2 FY2019 | Jun 30, 2019 | 28.8% | +8.5 |
| Q1 FY2019 | Mar 31, 2019 | 26.4% | +0.5 |
| Q4 FY2018 | Dec 31, 2018 | 24.6% | −8.4 |
| Q3 FY2018 | Sep 30, 2018 | 23.7% | −13.4 |
| Q2 FY2018 | Jun 30, 2018 | 20.4% | −11.2 |
| Q1 FY2018 | Mar 31, 2018 | 25.9% | −5.0 |
| Q4 FY2017 | Dec 31, 2017 | 33.0% | +6.3 |
| Q3 FY2017 | Sep 30, 2017 | 37.2% | – |
| Q2 FY2017 | Jun 30, 2017 | 31.6% | – |
| Q1 FY2017 | Mar 31, 2017 | 30.9% | – |
| Q4 FY2016 | Dec 31, 2016 | 26.7% | – |
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