Nov (NOV) Change in Inventory (2009 - 2026)
Nov's (NOV) quarterly Change in Inventory came in at $91.0 million in Q1 2026, up 333.33% year-on-year from $21.0 million in Q1 2025, and up 222.97% quarter-over-quarter from -$74.0 million in Q4 2025.
Nov (NOV) Change in Inventory (2009 - 2026) Analysis & Trends
Nov has disclosed Change in Inventory across 18 years of filings, most recently posting $91.0 million for Q1 2026.
- Change in Inventory for Q1 2026 came in at $91.0 million, up 333.33% year-over-year; the trailing twelve-month figure through Mar 2026 was -$27.0 million (up 89.96% YoY), and the FY2025 annual result was -$97.0 million, up 64.07% from the prior year.
- Change in Inventory came in at $91.0 million for Q1 2026 at Nov, up from -$74.0 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $221.0 million in Q1 2023 to a low of -$189.0 million in Q4 2024.
- The 5-year median for Change in Inventory is $21.0 million (2025), against an average of $33.2 million.
- Across the five-year window, Change in Inventory jumped 2666.67% in 2022 and plunged 336.0% in 2023, its largest moves.
- Nov's Change in Inventory stood at $50.0 million in 2022, then tumbled by 336.0% to -$118.0 million in 2023, then tumbled by 60.17% to -$189.0 million in 2024, then surged by 60.85% to -$74.0 million in 2025, then surged by 222.97% to $91.0 million in 2026.
- The last three Change in Inventory figures came in at $91.0 million (Q1 2026), -$74.0 million (Q4 2025), and -$41.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 224.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | -35.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 41.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 63.70 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 91.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 3.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 34,000.00 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 2.40 Mn |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | -2.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.00 Mn |
| Mar 31, 2026 | 91.00 Mn |
| Dec 31, 2025 | -74.00 Mn |
| Dec 31, 2025 | -74.00 Mn |
| Sep 30, 2025 | -41.00 Mn |
| Sep 30, 2025 | -41.00 Mn |
| Jun 30, 2025 | -3.00 Mn |
| Jun 30, 2025 | -3.00 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Dec 31, 2024 | -189.00 Mn |
| Dec 31, 2024 | -189.00 Mn |
| Sep 30, 2024 | -19.00 Mn |
| Sep 30, 2024 | -19.00 Mn |
| Jun 30, 2024 | -82.00 Mn |
| Jun 30, 2024 | -82.00 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | -118.00 Mn |
| Dec 31, 2023 | -118.00 Mn |