How has Innovex International's change in accrued liabilities changed year-over-year?

Innovex International's change in accrued liabilities increased by 39.3% year-over-year, from -$21.86M to -$13.27M.

What does change in accrued liabilities mean?

Change in accrued expenses and other current liabilities, reflecting timing differences between expense recognition and cash payment.

Innovex International INVX Change in Accrued Liabilities

Change in Accrued Liabilities at other companies

NOVA, Inc.NOV

-$106M+35.8%

Weatherford InternationalWFRD

-$60M-7.1%

RPCRES

-$1.28M-252%

Patterson-UTI EnergyPTEN

-$110.25M+2.5%

ProPetro Holding Corp.PUMP

-$4.69M-86.5%

Helmerich & PayneHP

-$53.27M-698%

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%

CapEx$223.0K-34.6%

Free cash flow$19.6M-36.2%

Valuation

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Market cap$1.76B+34.2%

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:IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities.

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 change in accrued liabilities?: Innovex International (INVX) reported change in accrued liabilities of -$13.27M in Q1 2026.
How has Innovex International's change in accrued liabilities changed year-over-year?: Innovex International's change in accrued liabilities increased by 39.3% year-over-year, from -$21.86M to -$13.27M.
What does change in accrued liabilities mean?: Change in accrued expenses and other current liabilities, reflecting timing differences between expense recognition and cash payment.