Nov (NOV) Operating Expenses (2009 - 2026)

Nov has disclosed Operating Expenses across 18 years of filings, most recently posting $1.0 billion for Q2 2026.

• In Q2 2026, Operating Expenses fell 3.44% year-over-year to $1.0 billion; the TTM figure through Jun 2026 stood at $2.7 billion (up 3.25% YoY), while the FY2025 annual figure was $1.2 billion, up 6.08% from the prior year.
• Operating Expenses came in at $1.0 billion for Q2 2026 at Nov, down from $1.1 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q1 2026 to a low of $235.0 million in Q1 2022.
• Average Operating Expenses over 5 years is $455.7 million, with a median of $291.0 million recorded in 2024.
• Year-over-year, Operating Expenses declined 14.88% in 2024 and soared 288.45% in 2025.
• Over 5 years, Operating Expenses stood at $281.0 million in 2022, then climbed by 19.57% to $336.0 million in 2023, then decreased by 14.88% to $286.0 million in 2024, then advanced by 4.9% to $300.0 million in 2025, then surged by 246.33% to $1.0 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $1.0 billion in Q2 2026, $1.1 billion in Q1 2026, and $300.0 million in Q4 2025.