Nov (NOV) Other Operating Expenses (2024 - 2026)
Nov (NOV) reported Other Operating Expenses of -$323.0 million for Q1 2026, down 16250.0% on a YoY basis from N/an in Q1 2025, and down 32400.0% sequentially from $1.0 million in Q4 2025.
Nov (NOV) Other Operating Expenses (2024 - 2026) Analysis & Trends
Nov (NOV) has 3 years of Other Operating Expenses data on file, last reported at -$323.0 million in Q1 2026.
- For the quarter ending Q1 2026, Other Operating Expenses fell 16250.0% year-over-year to -$323.0 million; the trailing twelve-month figure through Mar 2026 stood at -$322.0 million (down 32300.0% YoY), and the FY2025 full-year result was $3.0 million, changed N/A from the prior year.
- Other Operating Expenses declined to -$323.0 million in Q1 2026, from $1.0 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $3.0 million in Q3 2025 to a low of -$323.0 million in Q1 2026.
- A 3-year average of -$45.7 million and a median of $1.0 million in 2024 frame the typical range for Other Operating Expenses.
- Across the five-year window, Other Operating Expenses soared 400.0% in 2025 and tumbled 16250.0% in 2026, its largest moves.
- Tracing NOV's Other Operating Expenses over 3 years: stood at -$1.0 million in 2024, then surged by 200.0% to $1.0 million in 2025, then slumped by 32400.0% to -$323.0 million in 2026.
- Business Quant data shows NOV's Other Operating Expenses at -$323.0 million in Q1 2026, $1.0 million in Q4 2025, and $3.0 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| Date | Value |
|---|---|
| Mar 31, 2026 | -323.00 Mn |
| Dec 31, 2025 | 1.00 Mn |
| Sep 30, 2025 | 3.00 Mn |
| Jun 30, 2025 | -3.00 Mn |
| Mar 31, 2025 | 2.00 Mn |
| Sep 30, 2024 | -1.00 Mn |
| Mar 31, 2024 | 1.00 Mn |