KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Operating Expenses (2016 - 2025)

Nov's Operating Expenses history spans 17 years, with the latest figure at $300.0 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 4.9% year-over-year to $300.0 million; the TTM value through Dec 2025 reached $1.2 billion, up 6.08%, while the annual FY2025 figure was $1.2 billion, 6.08% up from the prior year.
  • Operating Expenses for Q4 2025 was $300.0 million at Nov, down from $305.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $336.0 million in Q4 2023 and bottomed at $217.0 million in Q4 2021.
  • The 5-year median for Operating Expenses is $283.0 million (2022), against an average of $274.8 million.
  • The largest annual shift saw Operating Expenses soared 37.28% in 2022 before it decreased 14.88% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $217.0 million in 2021, then grew by 29.49% to $281.0 million in 2022, then grew by 19.57% to $336.0 million in 2023, then fell by 14.88% to $286.0 million in 2024, then rose by 4.9% to $300.0 million in 2025.
  • Per Business Quant, the three most recent readings for NOV's Operating Expenses are $300.0 million (Q4 2025), $305.0 million (Q3 2025), and $303.0 million (Q2 2025).