Nov (NOV) Gross Margin (2009 - 2026)

Nov has disclosed Gross Margin across 18 years of filings, most recently posting 24.41% for Q2 2026.

• In Q2 2026, Gross Margin rose 403.0% year-over-year to 24.41%; the TTM figure through Jun 2026 stood at 20.53% (down 57.0% YoY), while the FY2025 annual figure was 20.21%, down 245.0% from the prior year.
• Gross Margin came in at 24.41% for Q2 2026 at Nov, up from 18.47% 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 13.82% in Q1 2022.
• Average Gross Margin over 5 years is 20.69%, with a median of 21.23% recorded in 2023.
• Year-over-year, Gross Margin jumped 805 bps in 2022 and sank 624 bps in 2025.
• Over 5 years, Gross Margin stood at 21.37% in 2022, then decreased by 1 bps to 21.21% in 2023, then advanced by 1 bps to 21.36% in 2024, then declined by 5 bps to 20.29% in 2025, then advanced by 20 bps to 24.41% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 24.41% in Q2 2026, 18.47% in Q1 2026, and 20.29% in Q4 2025.