10q10k10q10k.net
NOV Inc.

NOV Inc.NOVEarnings & Financial Report

NYSE

NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through two reporting segments: Energy Equipment and Energy Products and Services.

NOV Q4 2025 Key Financial Metrics

Revenue

$2.3B

Gross Profit

$462.0M

Operating Profit

$92.0M

Net Profit

$-78.0M

Gross Margin

20.3%

Operating Margin

4.0%

Net Margin

-3.4%

YoY Growth

-1.3%

EPS

$-0.20

Financial Flow

NOV Inc. Q4 2025 Financial Summary

NOV Inc. reported revenue of $2.3B for Q4 2025, with a net profit of $-78.0M (-3.4% margin). Cost of goods sold was $1.8B, operating expenses totaled $370.0M.

Key Financial Metrics

Total Revenue$2.3B
Net Profit$-78.0M
Gross Margin20.3%
Operating Margin4.0%
Report PeriodQ4 2025

NOV Inc. Annual Revenue by Year

NOV Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.7B).

YearAnnual Revenue
2025$8.7B
2024$8.9B
2023$8.6B
2022$7.2B

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$2.15B$2.22B$2.19B$2.31B$2.10B$2.19B$2.18B$2.28B
YoY Growth9.8%5.9%0.3%-1.5%-2.4%-1.3%-0.7%-1.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$11.30B$11.30B$11.42B$11.36B$11.27B$11.36B$11.34B$11.29B
Liabilities$4.98B$4.87B$4.91B$4.93B$4.78B$4.80B$4.83B$4.97B
Equity$6.25B$6.38B$6.46B$6.38B$6.44B$6.50B$6.46B$6.27B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-78.0M$432.0M$359.0M$591.0M$135.0M$191.0M$352.0M$573.0M