INVX Innovex International margins

Relative Growth: Rel. Growth: 59

Relative Strength: Rel. Strength: 71

Relative Valuation: Rel. Valuation: 53

Relative Profitability: Rel. Profitability: 44

Gross margin

32.4%

Operating margin

10%

EBITDA margin

17.6%

Net margin

6.2%

For this period, Innovex International reports a gross margin of 32.4%, an operating margin of 10%, an EBITDA margin of 17.6%, and a net margin of 6.2%. Operating margin recorded the largest improvement, gaining by 3.3 percentage points. Net margin recorded the largest decline, dropping by 10.5 percentage points.

INVX margin history

Gross, operating, EBITDA and net margin trends

Innovex International's margins averaged 33.84% gross, 11.15% operating, 23.04% EBITDA, and 13.22% 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, operating margin expanded by 3.3 percentage points, while gross margin contracted by 0.6 percentage points, EBITDA margin by 7 percentage points, and net margin by 10.5 percentage points.

Gross margin expansion

-0.6pp

Operating margin expansion

3.3pp

EBITDA margin expansion

-7pp

Net margin expansion

-10.5pp

INVX Gross margin

Over the last 3 years, Innovex International's gross margin averaged 33.84%. The current gross margin of 32.4% is 1.4 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 11.15% across the last 3 years. Innovex International currently reports an operating margin of 10%, 1.2 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 23.04%. The current EBITDA margin stands at 17.6%, 5.4 percentage points below its three-year average. The highest EBITDA margin for Innovex International was 32.1% in Sep 2024, while the lowest was 16.6% in Mar 2026.

INVX Net margin

Across the last 3 years, Innovex International's net margin averaged 13.22%. Against its three-year average, Innovex International's net margin is currently 6.2%, 7 percentage points below its three-year average. Net margin was highest at 23.4% in Sep 2024 and lowest at 5.3% in Mar 2026.

INVX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 32.4%, INVX is above the industry average but below the Energy sector and its peers average. Compared to its Energy sector average of 42.5%, Innovex International's gross margin is 24% lower.

INVX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Innovex International's gross margin?

As of Jun 30, 2026, INVX has a gross margin of 32.4%.

What is Innovex International's operating margin?

For the period ending Jun 30, 2026, INVX recorded an operating margin of 10%.

What is Innovex International's EBITDA margin?

As of Jun 30, 2026, INVX has an EBITDA margin of 17.6%.

What is Innovex International's net margin?

The current net margin for INVX is 6.2% as of Jun 30, 2026.

What are the average margins of INVX?

Across the last 3 years, INVX averaged 33.8% gross, 11.2% operating, 23.0% EBITDA, and 13.2% 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.