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Innovex International INVX Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

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NOVA, Inc.NOV
$35M+1,067%
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-$2.1M-124%
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Waste ConnectionsWCN
$3.31M-7.9%
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SeadrillSDRL
-$2M-200%

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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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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
Innovex International (INVX) reported increase (decrease) in prepaid expense and other assets of $13.59M in Q1 2026.
How has Innovex International's increase (decrease) in prepaid expense and other assets changed year-over-year?
Innovex International's increase (decrease) in prepaid expense and other assets increased by 1731.5% year-over-year, from -$833K to $13.59M.
What is the long-term trend for Innovex International's increase (decrease) in prepaid expense and other assets?
Over 2 years (2022 to 2025), Innovex International's increase (decrease) in prepaid expense and other assets has grown at a 96.8% compound annual growth rate (CAGR), from $2.8M to -$10.86M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.