Nov (NOV) Operating Leases (2018 - 2026)

Nov (NOV) reported Operating Leases of $295.0 million for Q1 2026, up 0.68% on a YoY basis from $293.0 million in Q1 2025, and down 43.38% sequentially from $521.0 million in Q4 2025.

Nov (NOV) Operating Leases (2018 - 2026) Analysis & Trends

Nov (NOV) has 9 years of Operating Leases data on file, last reported at $295.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 0.68% year-over-year to $295.0 million; the trailing twelve-month figure through Mar 2026 stood at $295.0 million (up 0.68% YoY), and the FY2025 full-year result was $521.0 million, down 4.23% from the prior year.
  • Operating Leases fell to $295.0 million in Q1 2026, from $521.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $568.0 million in Q2 2023 to a low of $293.0 million in Q1 2025.
  • A 5-year average of $493.8 million and a median of $549.0 million in 2022 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases jumped 58.86% in 2023 and sank 48.05% in 2025, its largest moves.
  • Tracing NOV's Operating Leases over 5 years: stood at $549.0 million in 2022, then climbed by 1.64% to $558.0 million in 2023, then slipped by 2.51% to $544.0 million in 2024, then dropped by 4.23% to $521.0 million in 2025, then plunged by 43.38% to $295.0 million in 2026.
  • Business Quant data shows NOV's Operating Leases at $295.0 million in Q1 2026, $521.0 million in Q4 2025, and $528.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 295.00 Mn
Dec 31, 2025 521.00 Mn
Sep 30, 2025 528.00 Mn
Jun 30, 2025 297.00 Mn
Mar 31, 2025 293.00 Mn
Dec 31, 2024 544.00 Mn
Sep 30, 2024 551.00 Mn
Jun 30, 2024 553.00 Mn
Mar 31, 2024 564.00 Mn
Dec 31, 2023 558.00 Mn
Sep 30, 2023 559.00 Mn
Jun 30, 2023 568.00 Mn
Mar 31, 2023 556.00 Mn
Dec 31, 2022 549.00 Mn
Sep 30, 2022 546.00 Mn
Jun 30, 2022 563.00 Mn
Mar 31, 2022 350.00 Mn
Dec 31, 2021 576.00 Mn
Sep 30, 2021 371.00 Mn
Jun 30, 2021 595.00 Mn