Nov (NOV) Interest Expenses (2009 - 2026)
Nov (NOV) posted Interest Expenses of $21.0 million for Q2 2026, down 4.55% sequentially from $22.0 million in Q1 2026, and down 4.55% YoY from $22.0 million in Q2 2025.
Nov (NOV) Interest Expenses (2009 - 2026) Analysis & Trends
Nov has reported Interest Expenses for 18 years, with the latest figure at $21.0 million in Q2 2026.
- Quarterly Interest Expenses fell 4.55% year-over-year to $21.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $108.0 million (up 21.35% YoY) and the FY2025 annual result came in at $408.0 million, down 15.35% from the prior year.
- Interest Expenses retreated to $21.0 million in Q2 2026 per NOV's latest filing, from $22.0 million in the prior quarter.
- Over five years, Interest Expenses peaked at $43.0 million in Q4 2025 and troughed at $19.0 million in Q1 2022.
- A 5-year average of $22.7 million and a median of $22.0 million in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2024 and 2025: Interest Expenses fell 8.7% in 2024, then surged 79.17% in 2025.
- Over 5 years, Interest Expenses stood at $21.0 million in 2022, then climbed by 9.52% to $23.0 million in 2023, then climbed by 4.35% to $24.0 million in 2024, then soared by 79.17% to $43.0 million in 2025, then slumped by 51.16% to $21.0 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $21.0 million, $22.0 million, and $43.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 128.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -11,906.00 Bn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 10.70 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | - |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 21.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 37.02 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 8.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.00 Mn |
| Jun 30, 2026 | 21.00 Mn |
| Mar 31, 2026 | 22.00 Mn |
| Mar 31, 2026 | 22.00 Mn |
| Dec 31, 2025 | 43.00 Mn |
| Dec 31, 2025 | 43.00 Mn |
| Sep 30, 2025 | 22.00 Mn |
| Sep 30, 2025 | 22.00 Mn |
| Jun 30, 2025 | 22.00 Mn |
| Jun 30, 2025 | 22.00 Mn |
| Mar 31, 2025 | 22.00 Mn |
| Mar 31, 2025 | 22.00 Mn |
| Dec 31, 2024 | 24.00 Mn |
| Dec 31, 2024 | 24.00 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Sep 30, 2024 | 21.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | 24.00 Mn |
| Mar 31, 2024 | 24.00 Mn |