Nov (NOV) Operating Expenses (2009 - 2026)
Nov (NOV) reported Operating Expenses of $9.0 million for Q1 2026, up 200.0% on a YoY basis from $3.0 million in Q1 2025, and down 97.0% sequentially from $300.0 million in Q4 2025.
Nov (NOV) Operating Expenses (2009 - 2026) Analysis & Trends
Nov (NOV) has 18 years of Operating Expenses data on file, last reported at $9.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 200.0% year-over-year to $9.0 million; the trailing twelve-month figure through Mar 2026 stood at $917.0 million (up 9.04% YoY), and the FY2025 full-year result was $1.2 billion, up 6.08% from the prior year.
- Operating Expenses eased to $9.0 million in Q1 2026, from $300.0 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 $3.0 million in Q1 2025.
- A 5-year average of $253.3 million and a median of $285.0 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses plunged 98.99% in 2025 and surged 200.0% in 2026, its largest moves.
- Tracing NOV's Operating Expenses over 5 years: stood at $281.0 million in 2022, then advanced by 19.57% to $336.0 million in 2023, then retreated by 14.88% to $286.0 million in 2024, then gained by 4.9% to $300.0 million in 2025, then plunged by 97.0% to $9.0 million in 2026.
- Business Quant data shows NOV's Operating Expenses at $9.0 million in Q1 2026, $300.0 million in Q4 2025, and $305.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 267.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.00 Mn |
| Dec 31, 2025 | 300.00 Mn |
| Sep 30, 2025 | 305.00 Mn |
| Jun 30, 2025 | 303.00 Mn |
| Mar 31, 2025 | 3.00 Mn |
| Dec 31, 2024 | 286.00 Mn |
| Sep 30, 2024 | 275.00 Mn |
| Jun 30, 2024 | 277.00 Mn |
| Mar 31, 2024 | 296.00 Mn |
| Dec 31, 2023 | 336.00 Mn |
| Sep 30, 2023 | 285.00 Mn |
| Jun 30, 2023 | 276.00 Mn |
| Mar 31, 2023 | 285.00 Mn |
| Dec 31, 2022 | 281.00 Mn |
| Sep 30, 2022 | 313.00 Mn |
| Jun 30, 2022 | 241.00 Mn |
| Mar 31, 2022 | 235.00 Mn |
| Dec 31, 2021 | 217.00 Mn |
| Sep 30, 2021 | 228.00 Mn |
| Jun 30, 2021 | 219.00 Mn |