Jun 2026 (Q2 FY26) — Jul 29, 2026
NOV Inc. Q2 FY26 — Strong Operational Execution and Broadening Market Recovery
Read the full callNOV (NOV) earnings
- Mar 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
NOV earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 2,052 | −2.4% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 2.3 | −4.9 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 19.0 | −74.0% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
Price
$18.75 −0.95% · −$0.18
Performance +48.1% 1Y
1Y: $12.66 on 17 Oct 2025 → $18.75. High $21.71 (2 Sept 2026), low $12.66 (17 Oct 2025).
- Previous close
- $18.93
- 52-week range
- $12.76 – $21.71
- One year
- +46.94%
Overview
- Symbol
- NOV
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — Apr 28, 2026
NOV Inc. Q1 FY26 — Market Shift Accelerates Capital Equipment Cycle Amidst Middle East Conflict
Read the full callEvery analysed call
NOV earnings calls (NOV)
Financials
What the filings say
Net profit, year on year: −74% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,216 | 2,191 | 2,308 | 2,103 | 2,188 | 2,176 | 2,277 | 2,052 |
| Operating profit | 313 | 194 | 207 | 152 | 143 | 107 | 92 | 47 |
| Operating margin | 14.1% | 8.8% | 9.0% | 7.2% | 6.5% | 4.9% | 4.0% | 2.3% |
| Interest | 22 | 21 | 24 | 22 | 22 | 22 | 22 | 22 |
| Profit before tax | 293 | 174 | 199 | 121 | 115 | 73 | 66 | 35 |
| Tax rate | 23.9% | 25.3% | 19.1% | 38.8% | 0.9% | 39.7% | 222.7% | 42.9% |
| Net profit | 226 | 130 | 160 | 73 | 108 | 42 | -78 | 19 |
| EPS ($ per share) | 0.57 | 0.33 | — | 0.19 | 0.29 | 0.11 | — | 0.05 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 6,862 | 690 | -1,876 | -2,146 | -2,069 | -1,155 | -628 | -673 |
| Total liabilities | 5,907 | 5,303 | 4,650 | 4,486 | 5,001 | 5,052 | 4,933 | 4,969 |
| Fixed assets | 2,797 | 2,354 | 1,927 | 1,823 | 1,781 | 1,865 | 1,922 | 2,050 |
| Total assets | 19,796 | 13,149 | 9,929 | 9,550 | 10,135 | 11,294 | 11,361 | 11,291 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 521 | 714 | 926 | 291 | -179 | 143 | 1,304 | 1,251 |
| Cash from investing | -457 | -315 | -144 | -196 | -238 | -293 | -471 | -362 |
| Cash from financing | -30 | -647 | -259 | -189 | -96 | -103 | -406 | -584 |
| Net cash flow | -10 | -256 | 521 | -101 | -522 | -253 | 414 | 322 |
| Capital expenditure | -244 | -233 | -226 | -201 | -214 | -283 | -351 | -375 |
| Free cash flow | 277 | 481 | 700 | 90 | -393 | -140 | 953 | 876 |
NOV revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Energy Equipments | 56% | 56% | 54% | 55% | 57% | 59% | 58% | 57% | +0.9% |
| Energy Products and Services | 46% | 46% | 47% | 47% | 45% | 43% | 44% | 46% | -5.0% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2026 · share of revenue
- International 64% ↑ 1 pt
- Land Destination 52% ↓ 3 pt
- Offshore Destination 48% ↑ 3 pt
- North America 36% ↓ 1 pt
As NOV cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
57 filings between Nov 21, 2025 and Jul 31, 2026.
Open market
decisions to buy or sellPurchases
$1.01M
2 purchases by 1 insider
Sales
$4.64M
6 sales by 3 insiders
Compensation
not trading decisions- 17
- Award — granted as compensation
- 4
- Option exercise — converted options into shares
- 24
- Tax withheld — shares kept back by the company to cover tax
Also filed: 4 dispositions to the issuer.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Rovig Joseph W | — | $3.05M | Feb 23, 2026 |
| Weinstock Craig L. | — | $1.41M | Feb 23, 2026 |
| Kendall Christian S | $1.01M | — | Nov 21, 2025 |
| HARRISON DAVID D | — | $184.3K | Jul 31, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 31, 2026 | HARRISON DAVID D Director | Sale | 9,594 | $184.3K |
| May 20, 2026 | Chowbey Sanjay Director | Award | 9,457 | $0 |
| May 20, 2026 | HARRISON DAVID D Director | Award | 9,457 | $0 |
| May 20, 2026 | Donadio Marcela E Director | Award | 9,457 | $0 |
| May 20, 2026 | MELCHER PATRICIA B Director | Award | 9,457 | $0 |
| May 20, 2026 | Thomas William R. Director | Award | 9,457 | $0 |
| May 20, 2026 | Welborn Robert S. Director | Award | 9,457 | $0 |
| May 20, 2026 | Martinez Patricia Director | Award | 9,457 | $0 |
| May 20, 2026 | Kendall Christian S Director | Award | 9,457 | $0 |
| Mar 20, 2026 | Bayardo Jose A Chairman, President, and CEO | Tax withheld | 4,995 | $93.3K |
| Mar 20, 2026 | Novak Christy Lynn VP, Corp. Controller, CAO | Tax withheld | 869 | $16.2K |
| Mar 20, 2026 | Reed Rodney C. Senior VP and CFO | Tax withheld | 4,995 | $93.3K |
| Feb 23, 2026 | Bayardo Jose A Chairman, President, and CEO | Tax withheld | 4,220 | $85.6K |
| Feb 23, 2026 | Rovig Joseph W President - Energy Equipment | Tax withheld | 2,864 | $58.1K |
| Feb 23, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Tax withheld | 2,562 | $52.0K |
| Feb 23, 2026 | Livingston Scott B. See Remarks | Tax withheld | 1,259 | $25.5K |
| Feb 23, 2026 | Reed Rodney C. Senior VP and CFO | Tax withheld | 2,035 | $41.3K |
| Feb 23, 2026 | Novak Christy Lynn VP, Corp. Controller, CAO | Tax withheld | 3,843 | $77.9K |
| Feb 23, 2026 | Rovig Joseph W President - Energy Equipment | Option exercise | 79,086 | $1.19M |
| Feb 23, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Sale | 20,000 | $406.4K |
| Feb 23, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Sale | 9,505 | $189.6K |
| Feb 23, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Sale | 10,495 | $209.3K |
| Feb 23, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Sale | 30,000 | $600.1K |
| Feb 23, 2026 | Rovig Joseph W President - Energy Equipment | Sale | 151,086 | $3.05M |
| Feb 23, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Option exercise | 30,000 | $450.0K |
| Feb 23, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Option exercise | 20,000 | $300.0K |
| Feb 23, 2026 | Rovig Joseph W President - Energy Equipment | Option exercise | 72,000 | $1.20M |
| Feb 19, 2026 | Rovig Joseph W President - Energy Equipment | Tax withheld | 6,525 | $132.1K |
| Feb 19, 2026 | Livingston Scott B. See Remarks | Tax withheld | 3,188 | $64.5K |
| Feb 19, 2026 | Bayardo Jose A Chairman, President, and CEO | Tax withheld | 9,615 | $194.6K |
| Feb 19, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Tax withheld | 5,838 | $118.2K |
| Feb 19, 2026 | Reed Rodney C. Senior VP and CFO | Tax withheld | 3,477 | $70.4K |
| Feb 19, 2026 | Novak Christy Lynn VP, Corp. Controller, CAO | Tax withheld | 6,568 | $132.9K |
| Feb 18, 2026 | Livingston Scott B. See Remarks | Award | 28,014 | $0 |
| Feb 18, 2026 | Reed Rodney C. Senior VP and CFO | Award | 32,391 | $0 |
| Feb 18, 2026 | Novak Christy Lynn VP, Corp. Controller, CAO | Award | 27,139 | $0 |
| Feb 18, 2026 | Bayardo Jose A Chairman, President, and CEO | Award | 55,345 | $0 |
| Feb 18, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Award | 33,602 | $0 |
| Feb 18, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Award | 29,765 | $0 |
| Feb 18, 2026 | Bayardo Jose A Chairman, President, and CEO | Award | 131,316 | $0 |
| Feb 18, 2026 | Rovig Joseph W President - Energy Equipment | Tax withheld | 13,767 | $275.2K |
| Feb 18, 2026 | Weinstock Craig L. Sr. VP. & Gen. Counsel | Tax withheld | 13,223 | $264.3K |
| Feb 18, 2026 | Rovig Joseph W President - Energy Equipment | Award | 37,555 | $0 |
| Feb 18, 2026 | Rovig Joseph W President - Energy Equipment | Award | 33,267 | $0 |
| Feb 18, 2026 | Bayardo Jose A Chairman, President, and CEO | Tax withheld | 21,779 | $435.4K |
| Feb 6, 2026 | Reed Rodney C. Senior VP and CFO | Tax withheld | 2,527 | $47.8K |
| Feb 6, 2026 | Novak Christy Lynn VP, Corp. Controller, CAO | Tax withheld | 4,773 | $90.3K |
| Feb 6, 2026 | Bayardo Jose A Chairman, President, and CEO | Tax withheld | 5,241 | $99.1K |
| Feb 6, 2026 | Rovig Joseph W President - Energy Equipment | Tax withheld | 2,201 | $41.6K |
| Feb 6, 2026 | Livingston Scott B. See Remarks | Tax withheld | 1,738 | $32.9K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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