Filing Flows › Innovex International (INVX) › Q3 2026 › vs Q3 2025
Innovex International (INVX) Q3 2026 vs Q3 2025 (year over year)
Innovex International's revenue rose $25.1M (+10%) from $240M in Q3 2025 to $265M in Q3 2026. The biggest changes: Product +$24.6M (+15%); Leasing +$1.0M (+2%); Service −$522K (-2%). Operating margin 12.2% against 26.0% (-13.8 pts).
Innovex International, Q3 2026: revenue $265M (+10% year over year), operating margin 12.2%, net earnings $26.3M, operating cash flow $38.8M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 12.2% | 26.0% | -13.8 pts |
| Net margin | 9.9% | 16.3% | -6.4 pts |
| Free cash flow margin | 12.2% | 15.2% | -3.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Product | $190M | $166M | $24.6M | +15% |
| Leasing | $43.4M | $42.4M | $1.0M | +2% |
| Service | $31.3M | $31.8M | −$522K | -2% |
| Revenue | $265M | $240M | $25.1M | +10% |
| Other income, net | $2.4M | −$4.3M | $6.8M | — |
| Operating profit | $32.3M | $62.3M | −$30.0M | -48% |
| Costs & expenses | $233M | $178M | $55.0M | +31% |
| Pre-tax earnings | $34.8M | $58.0M | −$23.2M | -40% |
| Net earnings | $26.3M | $39.2M | −$12.9M | -33% |
| Income tax | $8.5M | $18.7M | −$10.2M | -55% |
| Depreciation & amortization | $16.5M | $15.4M | $1.2M | +8% |
| Share-based compensation | $3.4M | $3.2M | $129K | +4% |
| Working capital & other | $7.4M | $9.5M | −$2.1M | -22% |
| Operating cash flow | $38.8M | $48.4M | −$9.6M | -20% |
| Free Cash Flow (company-reported) | $32.4M | $36.5M | −$4.1M | -11% |
| Capital expenditures | $6.4M | $11.9M | −$5.4M | -46% |
Questions
How much did Innovex International's revenue grow year over year in Q3 2026?
Innovex International's revenue rose $25.1M (+10%) from $240M in Q3 2025 to $265M in Q3 2026.
What drove Innovex International's revenue change in Q3 2026?
Product +$24.6M (+15%); Leasing +$1.0M (+2%); Service −$522K (-2%).