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Gross margin at other companies

NOVA, Inc. logo
NOVA, Inc.NOV
19.5%-3.1pp
Transocean logo
TransoceanRIG
42.2%+4.7pp
Innospec logo
InnospecIOSP
27.4%-1.3pp
Select Water Solutions logo
Select Water SolutionsWTTR
15.1%-0.1pp
Oceaneering International logo
Oceaneering InternationalOII
20%+0.7pp
ProPetro Holding Corp. logo
ProPetro Holding Corp.PUMP
22.4%-3.1pp

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%
Enterprise value$1.66B+23.7%
P/E34×+24.5×
P/S1.8×+0.1×

Profitability

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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

Calculated from Innovex International’s reported figures.

Based on trailing twelve months.

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 gross margin?
Innovex International (INVX) reported gross margin of 31.9% in Q1 2026.
How has Innovex International's gross margin changed year-over-year?
Innovex International's gross margin decreased by 2.7% year-over-year, from 32.8% to 31.9%.
What is the long-term trend for Innovex International's gross margin?
Over 3 years (2020 to 2025), Innovex International's gross margin has grown at a 5.9% compound annual growth rate (CAGR), from 26.1% to 31%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.