# NOV Inc.: overview

NOV · NYSE · CIK 1021860 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nov.md) · [Financials](/companies/nov/financials.md) · [Filings](/companies/nov/filings.md) · [Insiders](/companies/nov/insiders.md)

Latest reported revenue: [$2.05bn](/filings/0001193125-26-185866.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed Apr 28, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-185866).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,216](/filings/0000950170-25-099476.md) | [2,191](/filings/0001193125-25-253755.md) | [2,308 d](/filings/0001193125-26-048350.md) | [2,103](/filings/0001193125-26-185866.md) | [2,188](/filings/0000950170-25-099476.md) | [2,176](/filings/0001193125-25-253755.md) | [2,277 d](/filings/0001193125-26-048350.md) | [2,052](/filings/0001193125-26-185866.md) |
| Gross margin | % | [26.6%](/filings/0000950170-25-099476.md) | [21.4%](/filings/0001193125-25-253755.md) | [21.4% d](/filings/0001193125-26-048350.md) | [21.3%](/filings/0001193125-26-185866.md) | [20.4%](/filings/0000950170-25-099476.md) | [18.9%](/filings/0001193125-25-253755.md) | [20.3% d](/filings/0001193125-26-048350.md) | [18.5%](/filings/0001193125-26-185866.md) |
| Operating margin | % | [14.1%](/filings/0000950170-25-099476.md) | [8.9%](/filings/0001193125-25-253755.md) | [9.0% d](/filings/0001193125-26-048350.md) | [7.2%](/filings/0001193125-26-185866.md) | [6.5%](/filings/0000950170-25-099476.md) | [4.9%](/filings/0001193125-25-253755.md) | [4.0% d](/filings/0001193125-26-048350.md) | [2.3%](/filings/0001193125-26-185866.md) |
| Net margin | % | [10.2%](/filings/0000950170-25-099476.md) | [5.9%](/filings/0001193125-25-253755.md) | [6.9% d](/filings/0001193125-26-048350.md) | [3.5%](/filings/0001193125-26-185866.md) | [4.9%](/filings/0000950170-25-099476.md) | [1.9%](/filings/0001193125-25-253755.md) | [(3.4%) d](/filings/0001193125-26-048350.md) | [0.9%](/filings/0001193125-26-185866.md) |
| Diluted EPS | $ per share | [0.57](/filings/0000950170-25-099476.md) | [0.33](/filings/0001193125-25-253755.md) | not reported | [0.19](/filings/0001193125-26-185866.md) | [0.29](/filings/0000950170-25-099476.md) | [0.11](/filings/0001193125-25-253755.md) | not reported | [0.05](/filings/0001193125-26-185866.md) |
| Free cash flow | $m | [350 d](/filings/0000950170-25-099476.md) | [277 d](/filings/0001193125-25-253755.md) | [473 d](/filings/0001193125-26-048350.md) | [51.0](/filings/0001193125-26-185866.md) | [108 d](/filings/0000950170-25-099476.md) | [245 d](/filings/0001193125-25-253755.md) | [472 d](/filings/0001193125-26-048350.md) | [(91.0)](/filings/0001193125-26-185866.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [5,524](/filings/0000950170-24-015145.md) | [7,237](/filings/0000950170-25-021042.md) | [8,583](/filings/0001193125-26-048350.md) | [8,870](/filings/0001193125-26-048350.md) | [8,744](/filings/0001193125-26-048350.md) |
| Gross margin | % | [14.0%](/filings/0000950170-24-015145.md) | [18.4%](/filings/0000950170-25-021042.md) | [21.4%](/filings/0001193125-26-048350.md) | [22.7%](/filings/0001193125-26-048350.md) | [20.2%](/filings/0001193125-26-048350.md) |
| Operating margin | % | [(2.4%)](/filings/0000950170-24-015145.md) | [3.6%](/filings/0000950170-25-021042.md) | [7.6%](/filings/0001193125-26-048350.md) | [9.9%](/filings/0001193125-26-048350.md) | [5.6%](/filings/0001193125-26-048350.md) |
| Net margin | % | [(4.5%)](/filings/0000950170-24-015145.md) | [2.1%](/filings/0000950170-25-021042.md) | [11.6%](/filings/0001193125-26-048350.md) | [7.2%](/filings/0001193125-26-048350.md) | [1.7%](/filings/0001193125-26-048350.md) |
| Diluted EPS | $ per share | [(0.65)](/filings/0000950170-24-015145.md) | [0.39](/filings/0000950170-25-021042.md) | [2.50](/filings/0001193125-26-048350.md) | [1.60](/filings/0001193125-26-048350.md) | [0.39](/filings/0001193125-26-048350.md) |
| Free cash flow | $m | [90.0](/filings/0000950170-24-015145.md) | [(393)](/filings/0000950170-25-021042.md) | [(140)](/filings/0001193125-26-048350.md) | [953](/filings/0001193125-26-048350.md) | [876](/filings/0001193125-26-048350.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nov/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $698.0m | 37,626,738 |  | Reduced −193,304 |
| [PZENA INVESTMENT MANAGEMENT LLC](/funds/1027796.md) | 2026-06-30 | $674.8m | 36,376,087 |  | Reduced −1,159,362 |
| [First Eagle Investment Management, LLC](/funds/1325447.md) | 2026-06-30 | $569.2m | 30,684,691 |  | Reduced −5,723,668 |
| [First Eagle Investment Management, LLC](/funds/1325447.md) | 2026-06-30 | $569.2m | 30,684,691 |  | Reduced −5,723,668 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $364.9m | 19,669,754 |  | Added +265,435 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $351.1m | 18,926,272 |  | Added +174,200 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $301.8m | 16,267,287 |  | Added +80,991 |
| [HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC](/funds/1164833.md) | 2026-06-30 | $266.3m | 14,353,823 |  | Reduced −565,790 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $227.9m | 12,286,072 |  | Reduced −106,845 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $192.3m | 10,367,359 |  | Added +359,499 |

## Recent filings

[All 982 filings](/companies/nov/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 09:00 ET | [8-K](/filings/0001193125-26-435237.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-435237 |
| 2026-07-29 | 12:56 ET | [10-Q](/filings/0001193125-26-322979.md) | Quarterly report, period 2026-06-30 | 0001193125-26-322979 |
| 2026-07-29 | 09:06 ET | [8-K](/filings/0001193125-26-322315.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-322315 |
| 2026-05-22 | 13:53 ET | [8-K](/filings/0001193125-26-236271.md) | 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-236271 |
| 2026-04-28 | 13:48 ET | [10-Q](/filings/0001193125-26-185866.md) | Quarterly report, period 2026-03-31 | 0001193125-26-185866 |
| 2026-04-28 | 09:01 ET | [8-K](/filings/0001193125-26-183828.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-183828 |
| 2026-04-15 | 09:27 ET | [8-K](/filings/0001193125-26-156143.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-156143 |
| 2026-04-09 | 07:31 ET | [DEF 14A](/filings/0001193125-26-148884.md) | Proxy statement, period 2026-05-20 | 0001193125-26-148884 |
| 2026-03-18 | 12:37 ET | [8-K](/filings/0001193125-26-113299.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-113299 |
| 2026-02-20 | 10:43 ET | [8-K](/filings/0001193125-26-060618.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-060618 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-048350.md), filed Feb 12, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1021860
- Tickers: NOV
- Exchange: NYSE
- SIC code: 3533 Oil & Gas Field Machinery & Equipment
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 28, 2026, 09:01 ET. No prices; not investment advice.