Filing Flows › Innovex International (INVX) › Q2 2026 › vs Q1 2026
Innovex International (INVX) Q2 2026 vs Q1 2026 (quarter over quarter)
Innovex International's revenue rose $5.9M (+2%) from $239M in Q1 2026 to $245M in Q2 2026. The biggest changes: Product +$4.5M (+3%); Leasing +$817K (+2%); Service +$564K (+2%). Operating margin 13.8% against -9.1% (+22.9 pts).
Innovex International, Q2 2026: revenue $245M (+9% year over year), operating margin 13.8%, net earnings $25.0M, operating cash flow $37.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 13.8% | -9.1% | +22.9 pts |
| Net margin | 10.2% | -7.0% | +17.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Product | $167M | $163M | $4.5M | +3% |
| Leasing | $45.8M | $45.0M | $817K | +2% |
| Service | $31.7M | $31.1M | $564K | +2% |
| Revenue | $245M | $239M | $5.9M | +2% |
| Other income, net | $1.6M | $238K | $1.4M | +583% |
| Operating profit | $33.8M | −$21.8M | $55.6M | — |
| Costs & expenses | $211M | $261M | −$49.7M | -19% |
| Pre-tax earnings | $35.4M | −$21.6M | $57.0M | — |
| Cost of revenue | $161M | $155M | $6.7M | +4% |
| SG&A | $39.1M | $41.7M | −$2.7M | -6% |
| Other operating costs | $10.8M | $64.6M | −$53.8M | -83% |
| Net earnings | $25.0M | −$16.7M | $41.7M | — |
| Income tax | $10.4M | −$4.9M | $15.3M | — |
| Depreciation & amortization | $16.2M | $16.2M | −$9K | -0.1% |
| Share-based compensation | $3.4M | $3.0M | $424K | +14% |
| Working capital & other | $7.6M | −$17.3M | $24.9M | — |
| Operating cash flow | $37.0M | $19.8M | $17.2M | +87% |
Questions
How much did Innovex International's revenue grow quarter over quarter in Q2 2026?
Innovex International's revenue rose $5.9M (+2%) from $239M in Q1 2026 to $245M in Q2 2026.
What drove Innovex International's revenue change in Q2 2026?
Product +$4.5M (+3%); Leasing +$817K (+2%); Service +$564K (+2%).