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Innovex International INVX Total Cost of Revenue

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Segments

By product

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Service$19.18M-39.7%
Leasing$12.09M-2.4%

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$1.97B+87.8%
Enterprise value$1.86B+71.8%
P/E37.9×+30.6×
P/S+0.8×

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:CostOfRevenue.

The source filing: Innovex International’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-206528
(in thousands, except share and per share amounts)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Products123,252119,695
Services19,17731,820
Rental12,09312,396
Total cost of revenues154,522163,911
Selling, general and administrative expenses41,74832,349
(Gain) loss on sale of assets(2,020)148
Depreciation and amortization16,22214,945
Impairment of long-lived assets2,924

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Innovex International's total cost of revenue?
Innovex International (INVX) reported total cost of revenue of $154.52M in Q1 2026.
How has Innovex International's total cost of revenue changed year-over-year?
Innovex International's total cost of revenue decreased by 5.7% year-over-year, from $163.91M to $154.52M.
What is the long-term trend for Innovex International's total cost of revenue?
Over 4 years (2021 to 2025), Innovex International's total cost of revenue has grown at a 21.5% compound annual growth rate (CAGR), from $309.27M to $674.97M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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