KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Operating Expenses (2016 - 2025)

Nov (NOV) has disclosed Operating Expenses for 17 consecutive years, with $300.0 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 4.9% to $300.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.2 billion through Dec 2025, up 6.08% year-over-year, with the annual reading at $1.2 billion for FY2025, 6.08% up from the prior year.
  • Operating Expenses hit $300.0 million in Q4 2025 for Nov, down from $305.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $336.0 million in Q4 2023 to a low of $217.0 million in Q4 2021.
  • Historically, Operating Expenses has averaged $274.8 million across 5 years, with a median of $283.0 million in 2022.
  • Biggest five-year swings in Operating Expenses: skyrocketed 37.28% in 2022 and later fell 14.88% in 2024.
  • Year by year, Operating Expenses stood at $217.0 million in 2021, then increased by 29.49% to $281.0 million in 2022, then increased by 19.57% to $336.0 million in 2023, then dropped by 14.88% to $286.0 million in 2024, then grew by 4.9% to $300.0 million in 2025.
  • Business Quant data shows Operating Expenses for NOV at $300.0 million in Q4 2025, $305.0 million in Q3 2025, and $303.0 million in Q2 2025.