Nov (NOV) Change in Inventory (2009 - 2026)
Nov (NOV) posted Change in Inventory of $79.0 million for Q2 2026, down 13.19% sequentially from $91.0 million in Q1 2026, and up 2733.33% YoY from $2.8 million in Q2 2025.
Nov (NOV) Change in Inventory (2009 - 2026) Analysis & Trends
Nov has reported Change in Inventory for 18 years, with the latest figure at $79.0 million in Q2 2026.
- Quarterly Change in Inventory rose 2733.33% year-over-year to $79.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $55.0 million (up 128.95% YoY) and the FY2025 annual result came in at -$97.0 million, up 64.07% from the prior year.
- Change in Inventory retreated to $79.0 million in Q2 2026 per NOV's latest filing, from $91.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $221.0 million in Q1 2023 and troughed at -$189.0 million in Q4 2024.
- A 5-year average of $35.8 million and a median of $35.5 million in 2022 frame the typical range for Change in Inventory.
- The sharpest annual moves came in 2023 and 2026: Change in Inventory plunged 336.0% in 2023, then surged 2733.33% in 2026.
- Over 5 years, 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 jumped by 60.85% to -$74.0 million in 2025, then surged by 206.76% to $79.0 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $79.0 million, $91.0 million, and -$74.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 138.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 131.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 19.30 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 44.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 79.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | -61,000.00 |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 3.29 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | -2.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 79.00 Mn |
| Jun 30, 2026 | 79.00 Mn |
| 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 |