NOVNYSEOil & Gas Field Machinery & EquipmentFiscal year ends December 31
NOV Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$18.75−0.18 (-0.95%)
Close on Oct 19, 2026
- Market cap
- $6.79B
- P/E (TTM)
- 72.1
- Dividend yield
- 2.72%
NOV Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Energy Equipment [Member] | $4.93B | $4.89B | $4.67B | $3.82B | – | – | – | – | – | – | 56.4% | +0.9% |
| Energy Products and Services [Member] | $3.98B | $4.13B | $4.08B | $3.54B | – | – | – | – | – | – | 45.5% | -3.7% |
| Rig Systems [Member] | – | – | – | – | – | – | – | – | – | $2.39B | – | – |
| Rig Aftermarket [Member] | – | – | – | – | – | – | – | – | – | $1.42B | – | – |
| Wellbore Technologies [Member] | – | – | $3.17B | $2.78B | $1.96B | $1.87B | $3.21B | $3.24B | $2.58B | $2.20B | – | – |
| Completion & Production Solutions [Member] | – | – | $3.03B | $2.59B | $1.96B | $2.43B | $2.77B | $2.93B | $2.67B | $2.24B | – | – |
| Rig Technologies [Member] | – | – | – | – | – | – | – | – | $2.25B | $3.11B | – | – |
| Eliminations and Corporate Costs [Member] | – | – | – | – | – | -$129.00M | -$188.00M | -$288.00M | -$197.00M | -$299.00M | – | – |
| Rig Technologies [Member] | – | – | $2.61B | $2.03B | $1.74B | $1.92B | $2.68B | $2.58B | $2.25B | $3.11B | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Energy Equipment [Member] | $493.00M | $608.00M | $371.00M | $137.00M | – | – | – | – | – | – | -18.9% |
| Energy Products and Services [Member] | $277.00M | $475.00M | $507.00M | $331.00M | – | – | – | – | – | – | -41.7% |
| Rig Systems [Member] | – | – | – | – | – | – | – | – | – | -$969.00M | – |
| Rig Aftermarket [Member] | – | – | – | – | – | – | – | – | – | $229.00M | – |
| Wellbore Technologies [Member] | – | – | $423.00M | $304.00M | $74.00M | -$858.00M | -$3.55B | $131.00M | -$102.00M | -$770.00M | – |
| Completion & Production Solutions [Member] | – | – | $188.00M | $69.00M | -$65.00M | -$977.00M | -$1.93B | $166.00M | $98.00M | -$266.00M | – |
| Rig Technologies [Member] | – | – | – | – | – | – | – | – | -$14.00M | -$1.03B | – |
| Eliminations and Corporate Costs [Member] | – | – | – | – | – | -$228.00M | -$270.00M | -$299.00M | -$259.00M | -$342.00M | – |
| Rig Technologies [Member] | – | – | $314.00M | $144.00M | $43.00M | -$362.00M | -$524.00M | $213.00M | -$14.00M | -$1.03B | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales [Member] | $5.83B | $5.83B | $5.78B | $4.87B | $3.77B | $4.41B | $5.86B | $5.70B | $4.95B | $5.35B | 66.6% | -0.1% |
| Service [Member] | $1.95B | $1.99B | $1.79B | $1.48B | $1.11B | $1.09B | $1.52B | $1.61B | $1.47B | $1.30B | 22.3% | -1.9% |
| Rental [Member] | $963.00M | $1.05B | $1.02B | $882.00M | $641.00M | $590.00M | $1.10B | $1.14B | $884.00M | $604.00M | 11.0% | -8.2% |
| Royalty Revenue [Member] | $57.00M | $67.00M | $78.00M | $80.00M | – | – | – | – | – | – | 0.7% | -14.9% |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Countries [Member] | $3.94B | $4.55B | $4.57B | $4.63B | $1.77B | $2.25B | $2.52B | $2.17B | $1.91B | $2.21B | 45.1% | -13.4% |
| United States | $3.00B | $2.98B | $2.93B | $2.60B | $1.76B | $1.63B | $3.11B | $3.48B | $2.76B | $1.96B | 34.3% | +0.5% |
| Norway | $907.00M | $714.00M | $473.00M | $351.00M | $365.00M | – | – | – | – | – | 10.4% | +27.0% |
| Brazil | $896.00M | $618.00M | $605.00M | $495.00M | $316.00M | $224.00M | $269.00M | $415.00M | $498.00M | $242.00M | 10.2% | +45.0% |
| Singapore | – | – | – | $131.00M | $143.00M | $242.00M | $473.00M | $321.00M | $188.00M | $340.00M | – | – |
| Canada | – | – | $324.00M | $277.00M | $207.00M | $168.00M | $247.00M | $302.00M | $286.00M | $217.00M | – | – |
| United Kingdom | – | – | $277.00M | $199.00M | $204.00M | $222.00M | $333.00M | $309.00M | $279.00M | $299.00M | – | – |
| KRW | – | – | – | $88.00M | $32.00M | $33.00M | $69.00M | $169.00M | $261.00M | $495.00M | – | – |
| China | – | – | $248.00M | $296.00M | $222.00M | $288.00M | $285.00M | $231.00M | $298.00M | $557.00M | – | – |
| NOK | – | – | – | $351.00M | $365.00M | $464.00M | $512.00M | $368.00M | $295.00M | $339.00M | – | – |
| United Arab Emirates | – | – | $224.00M | $157.00M | $130.00M | $221.00M | $224.00M | $248.00M | $223.00M | $334.00M | – | – |
| Saudi Arabia | – | – | $729.00M | $488.00M | $316.00M | $343.00M | $436.00M | $444.00M | $310.00M | $258.00M | – | – |
| Argentina | – | – | $247.00M | $211.00M | $151.00M | – | – | – | – | – | – | – |
| Australia | – | – | $211.00M | $229.00M | $88.00M | – | – | – | – | – | – | – |
| Denmark | – | – | $160.00M | $78.00M | – | – | – | – | – | – | – | – |
From the segment and revenue-disaggregation notes of NOV's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.