KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Gross Margin (2016 - 2025)

Nov (NOV) has disclosed Gross Margin for 17 consecutive years, with 20.29% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 107.0% to 20.29% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 20.21% through Dec 2025, down 245.0% year-over-year, with the annual reading at 20.21% for FY2025, 245.0% down from the prior year.
  • Gross Margin hit 20.29% in Q4 2025 for Nov, up from 18.93% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 26.62% in Q2 2024 to a low of 12.49% in Q1 2021.
  • Historically, Gross Margin has averaged 19.27% across 5 years, with a median of 20.67% in 2023.
  • Biggest five-year swings in Gross Margin: skyrocketed 1829bps in 2021 and later crashed -624bps in 2025.
  • Year by year, Gross Margin stood at 13.32% in 2021, then surged by 60bps to 21.37% in 2022, then dropped by -1bps to 21.21% in 2023, then grew by 1bps to 21.36% in 2024, then dropped by -5bps to 20.29% in 2025.
  • Business Quant data shows Gross Margin for NOV at 20.29% in Q4 2025, 18.93% in Q3 2025, and 20.38% in Q2 2025.