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Side-by-side financial comparison of Innovex International, Inc. (INVX) and MONRO, INC. (MNRO). Click either name above to swap in a different company.
MONRO, INC. is the larger business by last-quarter revenue ($293.4M vs $273.6M, roughly 1.1× Innovex International, Inc.). Innovex International, Inc. runs the higher net margin — 5.1% vs 3.8%, a 1.3% gap on every dollar of revenue. On growth, Innovex International, Inc. posted the faster year-over-year revenue change (9.1% vs -4.0%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% CAGR vs -2.7%).
Monro, Inc. is an automotive services company founded and headquartered in Rochester, New York, U.S. As of 2025, Monro has 1,260 locations making them the second-largest automotive services company in North America after Driven Brands by number of locations and by revenue.
INVX vs MNRO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $273.6M | $293.4M |
| Net Profit | $14.0M | $11.1M |
| Gross Margin | 28.9% | 34.9% |
| Operating Margin | 9.4% | 6.3% |
| Net Margin | 5.1% | 3.8% |
| Revenue YoY | 9.1% | -4.0% |
| Net Profit YoY | -56.1% | 143.1% |
| EPS (diluted) | $0.20 | $0.35 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $273.6M | $293.4M | ||
| Q3 25 | $240.0M | $288.9M | ||
| Q2 25 | $224.2M | $301.0M | ||
| Q1 25 | $240.4M | $295.0M | ||
| Q4 24 | $250.7M | $305.8M | ||
| Q3 24 | $151.8M | $301.4M | ||
| Q2 24 | $130.3M | $293.2M | ||
| Q1 24 | $128.0M | $310.1M |
| Q4 25 | $14.0M | $11.1M | ||
| Q3 25 | $39.2M | $5.7M | ||
| Q2 25 | $15.3M | $-8.1M | ||
| Q1 25 | $14.8M | $-21.3M | ||
| Q4 24 | $31.8M | $4.6M | ||
| Q3 24 | $82.6M | $5.6M | ||
| Q2 24 | $9.5M | $5.9M | ||
| Q1 24 | $16.4M | $3.7M |
| Q4 25 | 28.9% | 34.9% | ||
| Q3 25 | 31.6% | 35.7% | ||
| Q2 25 | 32.0% | 35.5% | ||
| Q1 25 | 31.8% | 33.0% | ||
| Q4 24 | 33.9% | 34.3% | ||
| Q3 24 | 34.7% | 35.3% | ||
| Q2 24 | 35.3% | 37.2% | ||
| Q1 24 | 38.4% | 35.5% |
| Q4 25 | 9.4% | 6.3% | ||
| Q3 25 | 26.0% | 4.4% | ||
| Q2 25 | 10.1% | -2.0% | ||
| Q1 25 | 9.1% | -8.1% | ||
| Q4 24 | 10.7% | 3.3% | ||
| Q3 24 | -8.7% | 4.4% | ||
| Q2 24 | 10.0% | 4.5% | ||
| Q1 24 | 17.4% | 3.3% |
| Q4 25 | 5.1% | 3.8% | ||
| Q3 25 | 16.3% | 2.0% | ||
| Q2 25 | 6.8% | -2.7% | ||
| Q1 25 | 6.1% | -7.2% | ||
| Q4 24 | 12.7% | 1.5% | ||
| Q3 24 | 54.4% | 1.9% | ||
| Q2 24 | 7.3% | 2.0% | ||
| Q1 24 | 12.8% | 1.2% |
| Q4 25 | $0.20 | $0.35 | ||
| Q3 25 | $0.57 | $0.18 | ||
| Q2 25 | $0.22 | $-0.28 | ||
| Q1 25 | $0.21 | $-0.74 | ||
| Q4 24 | $-0.03 | $0.15 | ||
| Q3 24 | $1.99 | $0.18 | ||
| Q2 24 | $0.30 | $0.19 | ||
| Q1 24 | $0.51 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.9M |
| Total DebtLower is stronger | $18.9M | $45.0M |
| Stockholders' EquityBook value | $1.1B | $604.9M |
| Total Assets | $1.3B | $1.6B |
| Debt / EquityLower = less leverage | 0.02× | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.9M | ||
| Q3 25 | — | $10.5M | ||
| Q2 25 | — | $7.8M | ||
| Q1 25 | — | $20.8M | ||
| Q4 24 | — | $10.2M | ||
| Q3 24 | — | $20.9M | ||
| Q2 24 | $185.6M | $18.7M | ||
| Q1 24 | $202.2M | $6.6M |
| Q4 25 | $18.9M | $45.0M | ||
| Q3 25 | $20.1M | $60.0M | ||
| Q2 25 | $34.8M | $71.5M | ||
| Q1 25 | $19.7M | $61.3M | ||
| Q4 24 | $24.9M | $59.3M | ||
| Q3 24 | $12.4M | $62.0M | ||
| Q2 24 | — | $112.0M | ||
| Q1 24 | — | $102.0M |
| Q4 25 | $1.1B | $604.9M | ||
| Q3 25 | $1.0B | $601.7M | ||
| Q2 25 | $995.6M | $604.9M | ||
| Q1 25 | $978.4M | $620.8M | ||
| Q4 24 | $958.2M | $648.9M | ||
| Q3 24 | $904.4M | $651.9M | ||
| Q2 24 | $352.5M | $654.4M | ||
| Q1 24 | $344.3M | $656.8M |
| Q4 25 | $1.3B | $1.6B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $1.0B | $1.7B | ||
| Q1 24 | $1.0B | $1.7B |
| Q4 25 | 0.02× | 0.07× | ||
| Q3 25 | 0.02× | 0.10× | ||
| Q2 25 | 0.03× | 0.12× | ||
| Q1 25 | 0.02× | 0.10× | ||
| Q4 24 | 0.03× | 0.09× | ||
| Q3 24 | 0.01× | 0.10× | ||
| Q2 24 | — | 0.17× | ||
| Q1 24 | — | 0.16× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $52.2M | $17.8M |
| Free Cash FlowOCF − Capex | — | $9.1M |
| FCF MarginFCF / Revenue | — | 3.1% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | 3.74× | 1.60× |
| TTM Free Cash FlowTrailing 4 quarters | — | $49.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.2M | $17.8M | ||
| Q3 25 | $48.4M | $32.3M | ||
| Q2 25 | $59.2M | $-1.9M | ||
| Q1 25 | $31.1M | $28.9M | ||
| Q4 24 | $36.3M | $14.8M | ||
| Q3 24 | $21.7M | $62.6M | ||
| Q2 24 | $22.8M | $25.6M | ||
| Q1 24 | $12.6M | $-5.3M |
| Q4 25 | — | $9.1M | ||
| Q3 25 | — | $26.6M | ||
| Q2 25 | — | $-9.3M | ||
| Q1 25 | — | $23.2M | ||
| Q4 24 | — | $7.9M | ||
| Q3 24 | — | $57.6M | ||
| Q2 24 | $16.6M | $16.8M | ||
| Q1 24 | $7.8M | $-11.9M |
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | -3.1% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 19.1% | ||
| Q2 24 | 12.7% | 5.7% | ||
| Q1 24 | 6.1% | -3.8% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | 4.7% | 3.0% | ||
| Q1 24 | 3.7% | 2.1% |
| Q4 25 | 3.74× | 1.60× | ||
| Q3 25 | 1.23× | 5.71× | ||
| Q2 25 | 3.86× | — | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | 1.14× | 3.23× | ||
| Q3 24 | 0.26× | 11.08× | ||
| Q2 24 | 2.39× | 4.37× | ||
| Q1 24 | 0.77× | -1.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INVX
| Products | $202.7M | 74% |
| Leasing | $42.3M | 15% |
| Services | $28.6M | 10% |
MNRO
| Tires | $150.2M | 51% |
| Maintenance | $73.5M | 25% |
| Brakes | $35.1M | 12% |
| Steering | $24.9M | 8% |
| Batteries | $6.2M | 2% |
| Exhaust | $3.2M | 1% |
