Innovex International INVX Service — Cost Of Revenue
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Where this comes from
Reported directly by Innovex International in its filing.
Tagged under the XBRL concept us-gaap:CostOfRevenue.
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 service — cost of revenue?
- Innovex International (INVX) reported service — cost of revenue of $19.18M in Q1 2026.
- How has Innovex International's service — cost of revenue changed year-over-year?
- Innovex International's service — cost of revenue decreased by 39.7% year-over-year, from $31.82M to $19.18M.
- What is the long-term trend for Innovex International's service — cost of revenue?
- Over 4 years (2021 to 2025), Innovex International's service — cost of revenue has grown at a 32.2% compound annual growth rate (CAGR), from $33.17M to $101.44M.
- What does service — cost of revenue mean?
- This metric captures the direct costs incurred to deliver the company's service offerings, including labor, field equipment maintenance, consumables, and logistics expenses. It serves as a primary indicator of operational efficiency and the direct cost structure associated with supporting well-lifecycle activities. Monitoring this figure allows stakeholders to assess the segment's gross margin performance and the company's ability to manage service delivery costs relative to activity volume.