Nov (NOV) Gross Margin (2009 - 2026)

Nov's (NOV) quarterly Gross Margin came in at 5.8% in Q1 2026, down 1546.0% year-on-year from 0.4% in Q1 2025, and down 71.42% quarter-over-quarter from 20.29% in Q4 2025.

Nov (NOV) Gross Margin (2009 - 2026) Analysis & Trends

Nov has disclosed Gross Margin across 18 years of filings, most recently posting 5.8% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 5.8%, down 1546.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.55% (down 612.0% YoY), and the FY2025 annual result was 20.21%, down 245.0% from the prior year.
  • Gross Margin came in at 5.8% for Q1 2026 at Nov, down from 20.29% 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 5.8% in Q1 2026.
  • The 5-year median for Gross Margin is 21.21% (2023), against an average of 19.72%.
  • Across the five-year window, Gross Margin soared 805 bps in 2022 and slumped 1546 bps in 2026, its largest moves.
  • Nov's 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 slumped by 71 bps to 5.8% in 2026.
  • The last three Gross Margin figures came in at 5.8% (Q1 2026), 20.29% (Q4 2025), and 18.93% (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

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