Nov (NOV) Operating Income (2009 - 2026)
Nov's Operating Income was $193 million in Q2 2026, up 35.0% from $143 million a year earlier and up 310.6% from the prior quarter.
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Analysis
Nov (NOV) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nov's Operating Income was $439 million through Jun 30, 2026, down 36.9% year-over-year; for FY2025, it came in at $494 million, down 43.6% from FY2024.
- In earlier years, Operating Income was $876 million in FY2024 (+34.6%), $651 million in FY2023 (+146.6%), $264 million in FY2022 and -$134 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Operating Income since Q4 2024.
- Compared with a year earlier, Operating Income was higher in three of the last eight quarters, with an average decline of 20.1%.
- The best year-over-year quarter for Operating Income over five years was Q2 2022 (growth of 466.7%); the worst was Q1 2026 (a decline of 69.1%).
- Per Business Quant data, NOV's Operating Income in the three quarters before Q2 2026 was $47 million (Q1 2026), $92 million (Q4 2025) and $107 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 1.07 Bn |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 859.00 Mn |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | -1.59 Bn |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 778.00 Mn |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 193.00 Mn |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | 30.48 Mn |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 152.00 Mn |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 107.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 51.10 Mn |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 124.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 193.00 Mn |
| 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 | 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 |
API Access
Nov Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=NOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "NOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();