NOV Inc. (NOV) Financial Statements
Industry: Oil & Gas Field Machinery & Equipment
In fiscal 2025, NOV reported revenue of $8.74B, down 1.4% from $8.87B the year before. Net income was $145.0M (a 1.7% net margin), or $0.39 per diluted share. Gross margin was 20.2% and operating margin was 5.6%. Operating activities generated $1.25B of cash, leaving $876.0M of free cash flow. At fiscal year end, NOV held $11.29B in total assets against $4.97B in total liabilities, including $1.55B of cash and equivalents.
Open the full interactive NOV financials → Quarterly statements, key ratios, valuation history and price charts.
NOV Key Stats
| Share Price | $18.96 |
|---|---|
| Market Cap | $6.86B |
| P/E Ratio | 48.6 |
| Revenue YoY Growth | -1.4% |
| 52-Week Range | $12.27 – $21.62 |
| Shares Outstanding | 359.0 million (basic, 2026 Q2) |
NOV Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $6.09B | $5.52B | $7.24B | $8.58B | $8.87B | $8.74B |
| Gross Profit | $434.0M | $774.0M | $1.33B | $1.83B | $2.01B | $1.77B |
| Operating Income | -$2.42B | -$134.0M | $264.0M | $651.0M | $876.0M | $494.0M |
| Pre-Tax Income | -$2.78B | -$230.0M | $238.0M | $612.0M | $831.0M | $375.0M |
| Income Tax | -$242.0M | $15.0M | $83.0M | -$373.0M | $196.0M | $224.0M |
| Net Income | -$2.54B | -$250.0M | $155.0M | $993.0M | $635.0M | $145.0M |
| Diluted EPS | -$6.62 | -$0.65 | $0.39 | $2.50 | $1.60 | $0.39 |
NOV Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.18B | $2.28B | $2.05B | $2.13B |
| Net Income | $42.0M | -$78.0M | $19.0M | $112.0M |
| Diluted EPS | $0.11 | -$0.21 | $0.05 | $0.31 |
NOV Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.69B | $1.59B | $1.07B | $816.0M | $1.23B | $1.55B |
| Current Assets | $5.21B | $4.90B | $5.49B | $5.84B | $5.77B | $5.82B |
| Total Assets | $9.93B | $9.55B | $10.13B | $11.29B | $11.36B | $11.29B |
| Current Liabilities | $1.87B | $1.91B | $2.44B | $2.44B | $2.35B | $2.41B |
| Total Long-Term Debt | $1.83B | $1.71B | $1.73B | $1.73B | $1.74B | $1.72B |
| Total Liabilities | $4.65B | $4.49B | $5.00B | $5.05B | $4.93B | $4.97B |
| Shareholders' Equity | $5.21B | $5.00B | $5.10B | $6.17B | $6.38B | $6.27B |
NOV Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $926.0M | $291.0M | -$179.0M | $143.0M | $1.30B | $1.25B |
| Cash From Investing | -$144.0M | -$196.0M | -$238.0M | -$293.0M | -$471.0M | -$362.0M |
| Cash From Financing | -$259.0M | -$189.0M | -$96.0M | -$103.0M | -$406.0M | -$584.0M |
| Free Cash Flow | $700.0M | $90.0M | -$393.0M | -$140.0M | $953.0M | $876.0M |
Figures from NOV's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full NOV financials page for every line item.
NOV Company Profile
| Ticker | NOV |
|---|---|
| Exchange | NYSE |
| Industry | Oil & Gas Field Machinery & Equipment |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001021860 |
Frequently Asked Questions
What was NOV's revenue in fiscal 2025?
NOV (NOV) reported revenue of $8.74B for fiscal 2025.
What is NOV's annual revenue history?
NOV's annual revenue by fiscal year: 2020: $6.09B; 2021: $5.52B; 2022: $7.24B; 2023: $8.58B; 2024: $8.87B; 2025: $8.74B.
What was NOV's net income in fiscal 2025?
NOV reported net income of $145.0M for fiscal 2025.
What was NOV's earnings per share (EPS) in fiscal 2025?
NOV's diluted EPS was $0.39 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did NOV generate in fiscal 2025?
NOV generated $876.0M of free cash flow in fiscal 2025.
What was NOV's revenue last quarter?
In its most recent reported quarter (2026 Q2), NOV reported revenue of $2.13B.
How much debt does NOV have?
NOV reported $1.72B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of NOV are outstanding?
NOV reported a weighted average of 359.0 million basic shares outstanding in 2026 Q2.
What is NOV's market cap?
Based on its latest closing price, NOV (NOV) has a market capitalization of about $6.86B.
When does NOV's fiscal year end?
NOV's fiscal year end, as registered with the SEC, is December 31.
Where is NOV headquartered?
NOV lists its business address in Houston, Texas in its SEC filings.
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