NOV Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,744	8,870	8,583	7,237	5,524
Revenue Growth (YoY)	-1.42%	3.34%	18.60%	31.01%	-9.29%
Cost of Revenue	6,977	6,750	6,740	5,840	4,750
Gross Profit	1,767	2,120	1,843	1,397	774
Selling, General & Admin	1,203	1,133	1,141	1,019	908
Operating Expenses	1,203	1,133	1,141	1,019	908
Operating Income	564	987	702	378	-134
Interest Expense	-88	-91	-88	-78	-77
Interest & Investment Income	51	38	28	19	9
Earnings From Equity Investments	-16	36	119	68	-5
Currency Exchange Gain (Loss)	-	-19	-84	-25	-16
Other Non Operating Income (Expenses)	-66	-9	-14	-10	-7
EBT Excluding Unusual Items	445	942	663	352	-230
Impairment of Goodwill	-70	-	-	-	-
Other Unusual Items	-	-111	-51	-114	-
Pretax Income	375	831	612	238	-230
Income Tax Expense	224	196	-373	83	15
Earnings From Continuing Operations	151	635	985	155	-245
Minority Interest in Earnings	-6	-	8	-	-5
Net Income	145	635	993	155	-250
Net Income to Common	145	635	993	155	-250
Net Income Growth	-77.16%	-36.05%	540.65%	-	-
Shares Outstanding (Basic)	372	392	393	390	386
Shares Outstanding (Diluted)	375	396	397	394	386
Shares Change (YoY)	-5.30%	-0.25%	0.76%	2.07%	0.52%
EPS (Basic)	0.39	1.62	2.53	0.40	-0.65
EPS (Diluted)	0.39	1.60	2.50	0.39	-0.65
EPS Growth	-75.64%	-36.00%	541.03%	-	-
Free Cash Flow	876	953	-140	-393	90
Free Cash Flow Per Share	2.34	2.41	-0.35	-1.00	0.23
Dividend Per Share	0.300	0.275	0.200	0.200	0.050
Dividend Growth	9.09%	37.50%	-	300.00%	-
Gross Margin	20.21%	23.90%	21.47%	19.30%	14.01%
Operating Margin	6.45%	11.13%	8.18%	5.22%	-2.43%
Profit Margin	1.66%	7.16%	11.57%	2.14%	-4.53%
Free Cash Flow Margin	10.02%	10.74%	-1.63%	-5.43%	1.63%
EBITDA	919	1,358	1,027	679	172
EBITDA Margin	10.51%	15.31%	11.97%	9.38%	3.11%
D&A For EBITDA	355	371	325	301	306
EBIT	564	987	702	378	-134
EBIT Margin	6.45%	11.13%	8.18%	5.22%	-2.43%
Effective Tax Rate	59.73%	23.59%	-	34.87%	-
Revenue as Reported	8,744	8,870	8,583	7,237	5,524

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q