Nov (NOV) Operating Income (2009 - 2026)
Nov's (NOV) quarterly Operating Income came in at $262.0 million in Q2 2026, up 27.8% year-over-year from $205.0 million in Q2 2025, and up 120.17% quarter-over-quarter from $119.0 million in Q1 2026.
Analysis
Nov (NOV) Operating Income (2009 - 2026) Analysis & Trends
Nov has disclosed Operating Income across 18 years of filings, most recently posting $262.0 million for Q2 2026.
- In Q2 2026, Operating Income rose 27.8% year-over-year to $262.0 million; the TTM figure through Jun 2026 stood at $580.0 million (down 29.53% YoY), while the FY2025 annual figure was $494.0 million, down 43.61% from the prior year.
- Operating Income came in at $262.0 million for Q2 2026 at Nov, up from $119.0 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 -$21.0 million in Q1 2022.
- Average Operating Income over 5 years is $155.2 million, with a median of $162.0 million recorded in 2022.
- Year-over-year, Operating Income soared 1180.0% in 2022 and tumbled 55.56% in 2025.
- Over 5 years, Operating Income stood at $162.0 million in 2022, then declined by 0.62% to $161.0 million in 2023, then increased by 28.57% to $207.0 million in 2024, then plunged by 55.56% to $92.0 million in 2025, then jumped by 184.78% to $262.0 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $262.0 million in Q2 2026, $119.0 million in Q1 2026, and $92.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 29.86 Bn | 28.62 Bn | 1.40 Bn | -879.60 Mn |
| 2 | Nov | 7.62 Bn | 6.46 Bn | 521.00 Mn | 262.00 Mn |
| 3 | Cactus | 4.74 Bn | 4.38 Bn | 215.38 Mn | 83.58 Mn |
| 4 | Enerflex | 2.76 Bn | 2.68 Bn | 139.00 Mn | 58.00 Mn |
| 5 | Innovex International | 2.04 Bn | 1.82 Bn | 83.65 Mn | 33.78 Mn |
| 6 | Forum Energy Technologies | 917.76 Mn | 884.05 Mn | 71.35 Mn | 20.51 Mn |
| 7 | Flowco Holdings | 884.80 Mn | 884.80 Mn | 49.17 Mn | 41.22 Mn |
| 8 | Oil States International | 502.92 Mn | 483.12 Mn | 38.71 Mn | 11.71 Mn |
| 9 | OMS Energy Technologies | 203.29 Mn | 49.33 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | -5.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 262.00 Mn |
| Mar 31, 2026 | 119.00 Mn |
| Dec 31, 2025 | 92.00 Mn |
| Sep 30, 2025 | 107.00 Mn |
| Jun 30, 2025 | 205.00 Mn |
| Mar 31, 2025 | 217.00 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 | 161.00 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 |