Nov (NOV) Operating Income (2009 - 2026)
Nov (NOV) posted Operating Income of $262.0 million for Q2 2026, up 120.17% sequentially from $119.0 million in Q1 2026, and up 27.8% YoY from $205.0 million in Q2 2025.
Nov (NOV) Operating Income (2009 - 2026) Analysis & Trends
Nov has reported Operating Income for 18 years, with the latest figure at $262.0 million in Q2 2026.
- Quarterly Operating Income rose 27.8% year-over-year to $262.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $580.0 million (down 29.53% YoY) and the FY2025 annual result came in at $494.0 million, down 43.61% from the prior year.
- Operating Income advanced to $262.0 million in Q2 2026 per NOV's latest filing, from $119.0 million in the prior quarter.
- Over five years, Operating Income peaked at $313.0 million in Q2 2024 and troughed at -$21.0 million in Q1 2022.
- A 5-year average of $155.2 million and a median of $162.0 million in 2022 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2025: Operating Income jumped 1180.0% in 2022, then plunged 55.56% in 2025.
- Over 5 years, Operating Income stood at $162.0 million in 2022, then retreated by 0.62% to $161.0 million in 2023, then gained by 28.57% to $207.0 million in 2024, then slumped by 55.56% to $92.0 million in 2025, then soared by 184.78% to $262.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $262.0 million, $119.0 million, and $92.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 4.31 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 859.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | -879.60 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 778.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 262.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 107.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 124.24 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 204.54 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 88.24 Mn |
Historic Data
Download 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 |