NOV Inc. income statement

In fiscal 2025, NOV Inc. reported revenue of $8.74bn, down 1.4% on the year before, operating income of $494m (a 5.6% margin) and net income of $145m, or $0.39 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

NOV Inc.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	12.7	12.2	14.7	17.2	19.2	21.4	14.8	7.3	7.3	8.5	8.5	6.1	5.5	7.2	8.6	8.9	8.7	8.7
Cost of revenue	8.9	8.3	10.2	12.2	14.1	15.6	11.7	7.4	6.4	7.0	7.6	5.7	4.8	5.9	6.8	6.9	7.0	6.9
Gross profit	3.8	3.8	4.5	5.0	5.1	5.8	3.1	−0.1	0.9	1.4	0.8	0.4	0.8	1.3	1.8	2.0	1.8	1.8
Selling, general and administrative	1.3	1.4	1.6	1.7	1.9	2.1	1.8	1.3	1.2	1.2	1.3	1.0	0.9	1.1	1.2	1.1	1.2	1.3
Operating income	2.3	2.4	2.9	3.4	3.2	3.6	−0.4	−2.4	−0.3	0.2	−6.3	−2.4	−0.1	0.3	0.7	0.9	0.5	0.5
Interest expense	0.1	0.1	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Income before tax	—	—	—	3.3	3.1	3.5	−0.6	−2.6	−0.4	0.0	−6.5	−2.8	−0.2	0.2	0.6	0.8	0.4	0.4
Income tax	0.7	0.7	0.9	1.0	0.9	1.0	0.2	−0.2	−0.2	0.1	−0.4	−0.2	0.0	0.1	−0.4	0.2	0.2	0.2
Net income	1.5	1.7	2.0	2.5	2.3	2.5	−0.8	−2.4	−0.2	−0.0	−6.1	−2.5	−0.3	0.2	1.0	0.6	0.1	0.1
Diluted EPS	$3.52	$3.98	$4.70	$5.83	$5.44	$5.82	−$1.99	−$6.41	−$0.63	−$0.08	−$15.96	−$6.62	−$0.65	$0.39	$2.50	$1.60	$0.39	$0.39
Diluted shares (average)	417m	419m	424m	427m	428m	430m	387m	376m	377m	378m	382m	384m	386m	394m	397m	396m	375m	364m
EBITDA	2.8	3.0	3.5	4.0	3.9	4.4	0.4	−1.7	0.4	0.9	−5.7	−2.1	0.2	0.6	1.0	1.2	0.8	0.8

US$ millions unless shown otherwise. Fiscal quarters.

NOV Inc.: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	2,308	2,103	2,188	2,176	2,277	2,052	2,134	2,226
Cost of revenue	1,815	1,656	1,742	1,764	1,815	1,673	1,613	1,787
Gross profit	493	447	446	412	462	379	521	439
Selling, general and administrative	286	295	303	305	300	332	328	297
Operating income	207	152	143	107	92	47	193	142
Interest expense	24	22	22	22	22	22	21	21
Income before tax	199	121	115	73	66	35	157	123
Income tax	38	47	1	29	147	15	41	28
Net income	160	73	108	42	−78	19	112	90
Diluted EPS	$0.40	$0.19	$0.29	$0.11	−$0.20	$0.05	$0.31	$0.25
EBITDA	295	241	230	196	182	139	286	235

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from NOV Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to NOV Inc.