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Side-by-side financial comparison of Innovex International, Inc. (INVX) and PROCORE TECHNOLOGIES, INC. (PCOR). Click either name above to swap in a different company.
PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $273.6M, roughly 1.3× Innovex International, Inc.). Innovex International, Inc. runs the higher net margin — 5.1% vs -10.8%, a 15.9% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs 9.1%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% CAGR vs 13.8%).
Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California. Procore hosts a platform to connect those involved in the construction industry on a global platform. The software allows for the creation of simplified workflows and displays a consolidated view of construction products that includes the tracking of tasks, management of project workflows, and scheduling.
INVX vs PCOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $273.6M | $349.1M |
| Net Profit | $14.0M | $-37.6M |
| Gross Margin | 28.9% | 80.1% |
| Operating Margin | 9.4% | -12.3% |
| Net Margin | 5.1% | -10.8% |
| Revenue YoY | 9.1% | 15.6% |
| Net Profit YoY | -56.1% | 39.6% |
| EPS (diluted) | $0.20 | $-0.25 |
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 | $349.1M | ||
| Q3 25 | $240.0M | $338.9M | ||
| Q2 25 | $224.2M | $323.9M | ||
| Q1 25 | $240.4M | $310.6M | ||
| Q4 24 | $250.7M | $302.0M | ||
| Q3 24 | $151.8M | $295.9M | ||
| Q2 24 | $130.3M | $284.3M | ||
| Q1 24 | $128.0M | $269.4M |
| Q4 25 | $14.0M | $-37.6M | ||
| Q3 25 | $39.2M | $-9.1M | ||
| Q2 25 | $15.3M | $-21.1M | ||
| Q1 25 | $14.8M | $-33.0M | ||
| Q4 24 | $31.8M | $-62.3M | ||
| Q3 24 | $82.6M | $-26.4M | ||
| Q2 24 | $9.5M | $-6.3M | ||
| Q1 24 | $16.4M | $-11.0M |
| Q4 25 | 28.9% | 80.1% | ||
| Q3 25 | 31.6% | 79.7% | ||
| Q2 25 | 32.0% | 79.1% | ||
| Q1 25 | 31.8% | 79.1% | ||
| Q4 24 | 33.9% | 81.2% | ||
| Q3 24 | 34.7% | 81.4% | ||
| Q2 24 | 35.3% | 83.1% | ||
| Q1 24 | 38.4% | 83.0% |
| Q4 25 | 9.4% | -12.3% | ||
| Q3 25 | 26.0% | -4.4% | ||
| Q2 25 | 10.1% | -9.3% | ||
| Q1 25 | 9.1% | -11.7% | ||
| Q4 24 | 10.7% | -21.9% | ||
| Q3 24 | -8.7% | -12.3% | ||
| Q2 24 | 10.0% | -5.2% | ||
| Q1 24 | 17.4% | -7.0% |
| Q4 25 | 5.1% | -10.8% | ||
| Q3 25 | 16.3% | -2.7% | ||
| Q2 25 | 6.8% | -6.5% | ||
| Q1 25 | 6.1% | -10.6% | ||
| Q4 24 | 12.7% | -20.6% | ||
| Q3 24 | 54.4% | -8.9% | ||
| Q2 24 | 7.3% | -2.2% | ||
| Q1 24 | 12.8% | -4.1% |
| Q4 25 | $0.20 | $-0.25 | ||
| Q3 25 | $0.57 | $-0.06 | ||
| Q2 25 | $0.22 | $-0.14 | ||
| Q1 25 | $0.21 | $-0.22 | ||
| Q4 24 | $-0.03 | $-0.42 | ||
| Q3 24 | $1.99 | $-0.18 | ||
| Q2 24 | $0.30 | $-0.04 | ||
| Q1 24 | $0.51 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $768.5M |
| Total DebtLower is stronger | $18.9M | — |
| Stockholders' EquityBook value | $1.1B | $1.3B |
| Total Assets | $1.3B | $2.2B |
| Debt / EquityLower = less leverage | 0.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $768.5M | ||
| Q3 25 | — | $684.0M | ||
| Q2 25 | — | $620.9M | ||
| Q1 25 | — | $566.7M | ||
| Q4 24 | — | $775.4M | ||
| Q3 24 | — | $756.9M | ||
| Q2 24 | $185.6M | $735.4M | ||
| Q1 24 | $202.2M | $744.6M |
| Q4 25 | $18.9M | — | ||
| Q3 25 | $20.1M | — | ||
| Q2 25 | $34.8M | — | ||
| Q1 25 | $19.7M | — | ||
| Q4 24 | $24.9M | — | ||
| Q3 24 | $12.4M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $995.6M | $1.2B | ||
| Q1 25 | $978.4M | $1.2B | ||
| Q4 24 | $958.2M | $1.3B | ||
| Q3 24 | $904.4M | $1.3B | ||
| Q2 24 | $352.5M | $1.3B | ||
| Q1 24 | $344.3M | $1.2B |
| Q4 25 | $1.3B | $2.2B | ||
| Q3 25 | $1.3B | $2.1B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.2B | $1.9B | ||
| Q4 24 | $1.2B | $2.1B | ||
| Q3 24 | $1.1B | $2.0B | ||
| Q2 24 | $1.0B | $2.0B | ||
| Q1 24 | $1.0B | $1.9B |
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.02× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.02× | — | ||
| Q4 24 | 0.03× | — | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $114.9M |
| Free Cash FlowOCF − Capex | — | $109.2M |
| FCF MarginFCF / Revenue | — | 31.3% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | 3.74× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.2M | $114.9M | ||
| Q3 25 | $48.4M | $88.5M | ||
| Q2 25 | $59.2M | $30.8M | ||
| Q1 25 | $31.1M | $66.0M | ||
| Q4 24 | $36.3M | $29.1M | ||
| Q3 24 | $21.7M | $39.3M | ||
| Q2 24 | $22.8M | $58.7M | ||
| Q1 24 | $12.6M | $69.1M |
| Q4 25 | — | $109.2M | ||
| Q3 25 | — | $83.1M | ||
| Q2 25 | — | $27.9M | ||
| Q1 25 | — | $62.0M | ||
| Q4 24 | — | $17.4M | ||
| Q3 24 | — | $35.7M | ||
| Q2 24 | $16.6M | $56.8M | ||
| Q1 24 | $7.8M | $67.1M |
| Q4 25 | — | 31.3% | ||
| Q3 25 | — | 24.5% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 12.1% | ||
| Q2 24 | 12.7% | 20.0% | ||
| Q1 24 | 6.1% | 24.9% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | 4.7% | 0.7% | ||
| Q1 24 | 3.7% | 0.8% |
| Q4 25 | 3.74× | — | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 3.86× | — | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | 1.14× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 2.39× | — | ||
| Q1 24 | 0.77× | — |
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% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
