KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Gross Margin (2016 - 2025)

Nov's Gross Margin history spans 18 years, with the latest figure at 5.8% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 1546.0% to 5.8% in Q1 2026 year-over-year; TTM through Mar 2026 was 16.55%, a 612.0% decrease, with the full-year FY2025 number at 20.21%, down 245.0% from a year prior.
  • Gross Margin hit 5.8% in Q1 2026 for Nov, down from 20.29% in the prior quarter.
  • Over the last five years, Gross Margin for NOV hit a ceiling of 26.62% in Q2 2024 and a floor of 5.8% in Q1 2026.
  • Historically, Gross Margin has averaged 19.72% across 5 years, with a median of 21.21% in 2023.
  • Biggest five-year swings in Gross Margin: surged 805bps in 2022 and later plummeted -1546bps in 2026.
  • Tracing NOV's Gross Margin over 5 years: stood at 21.37% in 2022, then fell by -1bps to 21.21% in 2023, then rose by 1bps to 21.36% in 2024, then fell by -5bps to 20.29% in 2025, then crashed by -71bps to 5.8% in 2026.
  • Business Quant data shows Gross Margin for NOV at 5.8% in Q1 2026, 20.29% in Q4 2025, and 18.93% in Q3 2025.