Nov (NOV) Gross Margin (2009 - 2026)

Nov (NOV) has 18 years of Gross Margin data on file, last reported at 18.47% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 279.0% year-over-year to 18.47%; the trailing twelve-month figure through Mar 2026 stood at 19.54% (down 313.0% YoY), and the FY2025 full-year result was 20.21%, down 245.0% from the prior year.
• Gross Margin eased to 18.47% in Q1 2026, 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 13.82% in Q1 2022.
• A 5-year average of 20.47% and a median of 21.21% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin soared 805 bps in 2022 and plunged 624 bps in 2025, its largest moves.
• Tracing NOV's Gross Margin over 5 years: stood at 21.37% in 2022, then retreated by 1 bps to 21.21% in 2023, then gained by 1 bps to 21.36% in 2024, then dropped by 5 bps to 20.29% in 2025, then fell by 9 bps to 18.47% in 2026.
• Business Quant data shows NOV's Gross Margin at 18.47% in Q1 2026, 20.29% in Q4 2025, and 18.93% in Q3 2025.