Nov (NOV) Leases (2019 - 2026)

Nov's (NOV) quarterly Leases came in at $321.0 million in Q1 2026, up 64.62% year-on-year from $195.0 million in Q1 2025, and up 1.9% quarter-over-quarter from $315.0 million in Q4 2025.

Nov (NOV) Leases (2019 - 2026) Analysis & Trends

Nov has disclosed Leases across 8 years of filings, most recently posting $321.0 million for Q1 2026.

  • Leases for Q1 2026 came in at $321.0 million, up 64.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $321.0 million (up 64.62% YoY), and the FY2025 annual result was $315.0 million, up 60.71% from the prior year.
  • Leases came in at $321.0 million for Q1 2026 at Nov, up from $315.0 million in the prior quarter.
  • In the past five years, Leases ranged from a high of $381.0 million in Q1 2024 to a low of $170.0 million in Q3 2022.
  • The 5-year median for Leases is $321.0 million (2026), against an average of $286.4 million.
  • Across the five-year window, Leases plunged 54.55% in 2022 and jumped 118.82% in 2023, its largest moves.
  • Nov's Leases stood at $346.0 million in 2022, then plunged by 50.29% to $172.0 million in 2023, then advanced by 13.95% to $196.0 million in 2024, then surged by 60.71% to $315.0 million in 2025, then advanced by 1.9% to $321.0 million in 2026.
  • The last three Leases figures came in at $321.0 million (Q1 2026), $315.0 million (Q4 2025), and $192.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Slb 84.87 Bn 82.65 Bn 4.67 Bn -
2 Baker Hughes 64.22 Bn 49.63 Bn 1.51 Bn -
3 Halliburton 33.79 Bn 31.83 Bn 2.04 Bn 895.00 Mn
4 TechnipFMC 27.48 Bn 26.21 Bn 1.49 Bn 747.80 Mn
5 Enerflex 8.86 Bn 8.80 Bn - 43.74 Mn
6 Nov 7.63 Bn 6.35 Bn 119.00 Mn 321.00 Mn
7 Weatherford International 7.43 Bn 6.38 Bn 876.00 Mn 119.00 Mn
8 Archrock 6.08 Bn 6.07 Bn 247.42 Mn 13.48 Mn
9 Kodiak Gas Services 5.81 Bn 5.72 Bn 222.88 Mn 5.89 Mn
10 Liberty Energy 4.68 Bn 3.98 Bn 177.37 Mn 157.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 321.00 Mn
Dec 31, 2025 315.00 Mn
Sep 30, 2025 192.00 Mn
Jun 30, 2025 195.00 Mn
Mar 31, 2025 195.00 Mn
Dec 31, 2024 196.00 Mn
Sep 30, 2024 375.00 Mn
Jun 30, 2024 376.00 Mn
Mar 31, 2024 381.00 Mn
Dec 31, 2023 172.00 Mn
Sep 30, 2023 372.00 Mn
Jun 30, 2023 376.00 Mn
Mar 31, 2023 361.00 Mn
Dec 31, 2022 346.00 Mn
Sep 30, 2022 170.00 Mn
Jun 30, 2022 351.00 Mn
Mar 31, 2022 174.00 Mn
Dec 31, 2021 361.00 Mn
Sep 30, 2021 374.00 Mn
Jun 30, 2021 369.00 Mn