Nov (NOV) Change in Inventory (2009 - 2026)

Nov (NOV) reported Change in Inventory of $91.0 million for Q1 2026, up 333.33% on a YoY basis from $21.0 million in Q1 2025, and up 222.97% sequentially from -$74.0 million in Q4 2025.

Nov (NOV) Change in Inventory (2009 - 2026) Analysis & Trends

Nov (NOV) has 18 years of Change in Inventory data on file, last reported at $91.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory rose 333.33% year-over-year to $91.0 million; the trailing twelve-month figure through Mar 2026 stood at -$27.0 million (up 89.96% YoY), and the FY2025 full-year result was -$97.0 million, up 64.07% from the prior year.
  • Change in Inventory grew to $91.0 million in Q1 2026, 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.
  • A 5-year average of $33.2 million and a median of $21.0 million in 2025 frame the typical range for Change in Inventory.
  • Across the five-year window, Change in Inventory jumped 2666.67% in 2022 and slumped 336.0% in 2023, its largest moves.
  • Tracing NOV's Change in Inventory over 5 years: stood at $50.0 million in 2022, then plunged by 336.0% to -$118.0 million in 2023, then plunged by 60.17% to -$189.0 million in 2024, then jumped by 60.85% to -$74.0 million in 2025, then jumped by 222.97% to $91.0 million in 2026.
  • Business Quant data shows NOV's Change in Inventory at $91.0 million in Q1 2026, -$74.0 million in Q4 2025, and -$41.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 224.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 63.70 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 41.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 91.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn -
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 34,000.00
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 6.64 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 2.40 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn -

Historic Data

Download Data
DateValue
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