What is Innovex International's capex?

Innovex International (INVX) reported capex of $223K in Q1 2026.

How has Innovex International's capex changed year-over-year?

Innovex International's capex decreased by 34.6% year-over-year, from $341K to $223K.

What is the long-term trend for Innovex International's capex?

Over 2 years (2021 to 2023), Innovex International's capex has grown at a 80.7% compound annual growth rate (CAGR), from $9.99M to $32.63M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Innovex International INVX CapEx

CapEx at other companies

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$192M-36.4%

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$343M-13.8%

NOVA, Inc.NOV

$65M-22.6%

Weatherford InternationalWFRD

$54M-29.9%

TechnipFMCFTI

$55.6M-10.0%

Baker HughesBKR

$336M+12.0%

Other financials

Income statement

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Revenue$239.0M-0.6%

Gross profit$84.5M+10.5%

Operating income-$21.8M-200%

Net income-$16.7M-213%

EPS (diluted)-$0.24-214%

Balance sheet

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Cash & equivalents$200.7M+195%

Total debt$100.4M+7.5%

Total equity$1.0B+5.4%

Total assets$1.3B+7.7%

Cash flow

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Operating cash flow$19.8M-36.2%

Free cash flow$19.6M-36.2%

Valuation

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Market cap$1.76B+34.2%

Enterprise value$1.66B+23.7%

P/E34×+24.5×

P/S1.8×+0.1×

Profitability

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Gross margin31.9%-0.9pp

Operating margin9.1%+2.7pp

Net margin5.3%-12.9pp

FCF margin15%-9.6pp

Returns & leverage

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Return on equity5.2%-15.8pp

Debt / equity0.1×0.0×

Current ratio5.1×+0.8×

Where this comes from

Reported directly by Innovex International in its filing.

Tagged under the XBRL concept us-gaap:CapitalExpendituresIncurredButNotYetPaid.

The official record: Innovex International’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Innovex International's capex?: Innovex International (INVX) reported capex of $223K in Q1 2026.
How has Innovex International's capex changed year-over-year?: Innovex International's capex decreased by 34.6% year-over-year, from $341K to $223K.
What is the long-term trend for Innovex International's capex?: Over 2 years (2021 to 2023), Innovex International's capex has grown at a 80.7% compound annual growth rate (CAGR), from $9.99M to $32.63M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.