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	6,860	6,750	5,903	4,750
Gross Profit	1,767	2,010	1,833	1,334	774
Selling, General & Admin	1,203	1,134	1,182	1,070	908
Other Operating Expenses	70	-	-	-	-
Total Operating Expenses	1,273	1,134	1,182	1,070	908
Operating Income	494	876	651	264	-134
Interest Income	35	74	147	87	4
Interest Expense	-88	-91	-88	-78	-77
Other Non-Operating Income (Expense)	-66	-28	-98	-35	-23
Total Non-Operating Income (Expense)	-119	-45	-39	-26	-96
Pretax Income	375	831	612	238	-230
Provision for Income Taxes	224	196	-373	83	15
Net Income	145	635	993	155	-250
Minority Interest in Earnings	6	-	-8	-	5
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	-75.63%	-36.00%	541.03%	-	-
Shares Outstanding	360.8	381.55	393.95	392.83	392.67
Free Cash Flow	876	953	-140	-393	90
Free Cash Flow Growth	-8.08%	-	-	-	-87.14%
Free Cash Flow Per Share	2.34	2.41	-0.35	-1.00	0.23
Dividends Per Share	0.300	0.275	0.200	0.200	0.050
Dividend Growth	9.09%	37.50%	-	300.00%	-
Gross Margin	20.21%	22.66%	21.36%	18.43%	14.01%
Operating Margin	5.65%	9.88%	7.58%	3.65%	-2.43%
Profit Margin	1.73%	7.16%	11.48%	2.14%	-4.44%
FCF Margin	10.02%	10.74%	-1.63%	-5.43%	1.63%
EBITDA	849	1,219	953	565	172
EBITDA Margin	9.71%	13.74%	11.10%	7.81%	3.11%
EBIT	494	876	651	264	-134
EBIT Margin	5.65%	9.88%	7.58%	3.65%	-2.43%
Effective Tax Rate	59.73%	23.59%	-60.95%	34.87%	-6.52%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q