Nov (NOV) Interest Expenses (2009 - 2026)
Nov (NOV) reported Interest Expenses of $22.0 million for Q1 2026, little changed on a YoY basis from $22.0 million in Q1 2025, and down 8.33% sequentially from $24.0 million in Q4 2025.
Nov (NOV) Interest Expenses (2009 - 2026) Analysis & Trends
Nov (NOV) has 18 years of Interest Expenses data on file, last reported at $22.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses changed 0.0% year-over-year to $22.0 million; the trailing twelve-month figure through Mar 2026 stood at $90.0 million (up 1.12% YoY), and the FY2025 full-year result was $352.0 million, down 26.97% from the prior year.
- Interest Expenses slipped to $22.0 million in Q1 2026, from $24.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $90.0 million in Q4 2023 to a low of $19.0 million in Q1 2022.
- A 5-year average of $25.6 million and a median of $22.0 million in 2024 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses soared 328.57% in 2023 and plunged 73.33% in 2024, its largest moves.
- Tracing NOV's Interest Expenses over 5 years: stood at $21.0 million in 2022, then soared by 328.57% to $90.0 million in 2023, then sank by 73.33% to $24.0 million in 2024, then changed by 0.0% to $24.0 million in 2025, then slipped by 8.33% to $22.0 million in 2026.
- Business Quant data shows NOV's Interest Expenses at $22.0 million in Q1 2026, $24.0 million in Q4 2025, and $22.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 633.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -11.66 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 81.10 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 114.00 Mn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 22.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 2.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 39.51 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 9.11 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 66.95 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 337.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.00 Mn |
| Mar 31, 2026 | 22.00 Mn |
| Dec 31, 2025 | 24.00 Mn |
| Dec 31, 2025 | 24.00 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 |
| Dec 31, 2023 | 90.00 Mn |
| Dec 31, 2023 | 90.00 Mn |