INVX Innovex International margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 40

Gross margin

33.6%

Operating margin

6.9%

EBITDA margin

14.9%

Net margin

4.8%

For this period, Innovex International reports a gross margin of 33.6%, an operating margin of 6.9%, an EBITDA margin of 14.9%, and a net margin of 4.8%. Gross margin recorded the largest improvement, gaining by 1.3 percentage points. Operating margin recorded the largest decline, dropping by 7.1 percentage points.

INVX margin history

Gross, operating, EBITDA and net margin trends

Innovex International's margins averaged 33.82% gross, 10.79% operating, 22.36% EBITDA, and 12.52% net during the last 3 years. Currently, all four current margins are below their three-year averages.

INVX margin expansion

Year-over-year margin changes in percentage points

Compared with the same period last year, gross margin expanded by 1.3 percentage points, while operating margin contracted by 7.1 percentage points, EBITDA margin by 6.1 percentage points, and net margin by 5.8 percentage points.

Gross margin expansion

1.3pp

Operating margin expansion

-7.1pp

EBITDA margin expansion

-6.1pp

Net margin expansion

-5.8pp

INVX Gross margin

Over the last 3 years, Innovex International's gross margin averaged 33.82%. The current gross margin of 33.6% is 0.2 percentage points below its three-year average. During this period, gross margin reached a high of 36.5% in Jun 2024 and a low of 31% in Dec 2025.

INVX Operating margin

Innovex International recorded an average operating margin of 10.79% across the last 3 years. Innovex International currently reports an operating margin of 6.9%, 3.9 percentage points below its three-year average. Operating margin was highest at 17.5% in Dec 2023 and lowest at 6.3% in Mar 2025.

INVX EBITDA margin

Over the last 3 years, Innovex International recorded an average EBITDA margin of 22.36%. The current EBITDA margin stands at 14.9%, 7.5 percentage points below its three-year average. The highest EBITDA margin for Innovex International was 32.1% in Sep 2024, while the lowest was 14.9% in Sep 2026.

INVX Net margin

Across the last 3 years, Innovex International's net margin averaged 12.52%. Against its three-year average, Innovex International's net margin is currently 4.8%, 7.7 percentage points below its three-year average. Net margin was highest at 23.4% in Sep 2024 and lowest at 4.8% in Sep 2026.

INVX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 33.6%, INVX is above the industry average but below the Energy sector and its peers average. Compared to its Energy sector average of 42.7%, Innovex International's gross margin is 21% lower.

INVX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Innovex International's gross margin?

As of Sep 30, 2026, INVX has a gross margin of 33.6%.

What is Innovex International's operating margin?

For the period ending Sep 30, 2026, INVX recorded an operating margin of 6.9%.

What is Innovex International's EBITDA margin?

As of Sep 30, 2026, INVX has an EBITDA margin of 14.9%.

What is Innovex International's net margin?

The current net margin for INVX is 4.8% as of Sep 30, 2026.

What are the average margins of INVX?

Across the last 3 years, INVX averaged 33.8% gross, 10.8% operating, 22.4% EBITDA, and 12.5% net.

What are the highest historical margins of INVX?

Within the 5-year period, INVX recorded its highest margins at 36.7% gross in Sep 2023, 20.2% operating in Sep 2023, 32.1% EBITDA in Sep 2024, and 23.4% net in Sep 2024.

What are the lowest historical margins of INVX?

Looking back across 5 years, INVX reached its lowest margins at 2.4% gross in Mar 2022, -38.6% operating in Dec 2021, -29.4% EBITDA in Dec 2021, and -39.8% net in Dec 2021.