For the quarter ending 2026-03-31, NOV made $2,052M in revenue. $19M in net income. Net profit margin of 0.93%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 2,052 | 2,277 | 2,176 | 2,188 |
| Product | - | 1,284* | - | - |
| Service | - | 382* | - | - |
| Rental | - | 149* | - | - |
| Cost of revenue | 1,673 | 1,815 | 1,764 | 1,742 |
| Gross profit | 379 | 462 | 412 | 446 |
| Selling, general and administrative | 332 | 300 | 305 | 303 |
| Goodwill and long-lived asset impairment | - | 70 | - | - |
| Operating profit | 47 | 92 | 107 | 143 |
| Interest and financial costs | 22 | 22 | 22 | 22 |
| Interest income | 11 | 19 | 11 | 10 |
| Equity loss in unconsolidated affiliates | -3 | -6 | -11 | 1 |
| Other income (expense), net | 2 | -17 | -12 | -17 |
| Net income before income taxes | 35 | 66 | 73 | 115 |
| U.s federal statutory income tax rate | - | 20* | - | - |
| Foreign income tax rate differential and foreign tax effects-AT | - | 5* | - | - |
| Foreign income tax rate differential and foreign tax effects-BR | - | 2* | - | - |
| Other-BR | - | 2* | - | - |
| Change in deferred tax valuation allowance | - | 1* | - | - |
| Other | - | 0* | - | - |
| Foreign income tax rate differential and foreign tax effects-CA | - | 1* | - | - |
| Other-NL | - | 1* | - | - |
| Withholding taxes-NO | - | -1* | - | - |
| Withholding taxes-SA | - | 2* | - | - |
| Other-SA | - | 1* | - | - |
| Other-GB | - | 0* | - | - |
| Foreign currency gain (loss)-NO | - | 1* | - | - |
| Change in deferred tax valuation allowance-NL | - | 2* | - | - |
| Foreign income tax rate differential and foreign tax effects-Foreign Tax Jurisdiction Other | - | 7* | - | - |
| Foreign income inclusions, net of foreign tax credits | - | -10* | - | - |
| Impact of beat provisions | - | 4* | - | - |
| Nondeductible expenses-NL | - | 2* | - | - |
| Fdii deduction | - | 2* | - | - |
| Income tax credits | - | 1* | - | - |
| Withholding taxes-BR | - | 2* | - | - |
| Change in deferred tax valuation allowance | - | 114* | - | - |
| Impairment of nondeductible goodwill | - | 2* | - | - |
| Tax expense on stock compensation | - | 4* | - | - |
| Nondeductible expenses other | - | 1* | - | - |
| Other | - | -2* | - | - |
| Provision for income taxes | 15 | 147 | 29 | 1 |
| Net income | 20 | -81 | 44 | 114 |
| Net income attributable to noncontrolling interests | 1 | -3 | 2 | 6 |
| Net income attributable to company | 19 | -78 | 42 | 108 |
| Basic EPS | 0.05 | -0.215 | 0.11 | 0.29 |
| Diluted EPS | 0.05 | -0.211 | 0.11 | 0.29 |
| Basic Average Shares | 361,000,000 | 362,000,000 | 370,000,000 | 375,000,000 |
| Diluted Average Shares | 364,000,000 | 370,000,000 | 371,000,000 | 376,000,000 |
NOV Inc. (NOV)
NOV Inc. (NOV)