Nov (NOV) Operating Income (2009 - 2026)

Nov's (NOV) quarterly Operating Income came in at $47.0 million in Q1 2026, down 69.08% year-on-year from $152.0 million in Q1 2025, and down 48.91% quarter-over-quarter from $92.0 million in Q4 2025.

Nov (NOV) Operating Income (2009 - 2026) Analysis & Trends

Nov has disclosed Operating Income across 18 years of filings, most recently posting $47.0 million for Q1 2026.

  • Operating Income for Q1 2026 came in at $47.0 million, down 69.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $389.0 million (down 55.08% YoY), and the FY2025 annual result was $494.0 million, down 43.61% from the prior year.
  • Operating Income came in at $47.0 million for Q1 2026 at Nov, down from $92.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $313.0 million in Q2 2024 to a low of -$361.0 million in Q4 2023.
  • The 5-year median for Operating Income is $143.0 million (2025), against an average of $106.5 million.
  • Across the five-year window, Operating Income surged 1180.0% in 2022 and slumped 322.84% in 2023, its largest moves.
  • Nov's Operating Income stood at $162.0 million in 2022, then plunged by 322.84% to -$361.0 million in 2023, then jumped by 157.34% to $207.0 million in 2024, then slumped by 55.56% to $92.0 million in 2025, then tumbled by 48.91% to $47.0 million in 2026.
  • The last three Operating Income figures came in at $47.0 million (Q1 2026), $92.0 million (Q4 2025), and $107.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 4.41 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 782.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 679.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 361.80 Mn
5 Enerflex 8.62 Bn 8.57 Bn - -147.72 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 47.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 123.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 201.60 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 106.81 Mn
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 22.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 47.00 Mn
Dec 31, 2025 92.00 Mn
Sep 30, 2025 107.00 Mn
Jun 30, 2025 143.00 Mn
Mar 31, 2025 152.00 Mn
Dec 31, 2024 207.00 Mn
Sep 30, 2024 194.00 Mn
Jun 30, 2024 313.00 Mn
Mar 31, 2024 162.00 Mn
Dec 31, 2023 -361.00 Mn
Sep 30, 2023 183.00 Mn
Jun 30, 2023 181.00 Mn
Mar 31, 2023 126.00 Mn
Dec 31, 2022 162.00 Mn
Sep 30, 2022 55.00 Mn
Jun 30, 2022 68.00 Mn
Mar 31, 2022 -21.00 Mn
Dec 31, 2021 -15.00 Mn
Sep 30, 2021 -43.00 Mn
Jun 30, 2021 12.00 Mn