# NOV INC. (NOV) FY2026 Q2 P&L / Income Statement

- Company: NOV INC. (NOV)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-29, accession number 0001193125-26-322979
- Page: https://plicit.ai/financials/nov/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/nov-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 2,134,000,000 US dollars
- **Cost of revenue**: 1,613,000,000 US dollars
- **Gross profit**: 521,000,000 US dollars
- **Operating expenses (calculated)**: 328,000,000 US dollars
- **Operating profit**: 193,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 36,000,000 US dollars
- **Net income before income taxes**: 157,000,000 US dollars
- **Provision for income taxes**: 41,000,000 US dollars
- **Net income**: 116,000,000 US dollars
- **Energy Equipment**: 1,218,000,000 US dollars
- **Energy Products and Services**: 974,000,000 US dollars
- **Selling, general and administrative**: 328,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 2,192,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Eliminations and Corporate Costs**: negative 58,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Energy Equipment costs (calculated)**: 1,041,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Energy Products and Services costs (calculated)**: 889,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 11,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to NOV INC.: $112.00 M; to noncontrolling interests: $4.00 M.

## Chart details: Revenue by Subsegment by Subsegment Eliminations

- Page: https://plicit.ai/financials/nov/fy2026-q2-income-statement/revenue-by-subsegment-by-subsegment-eliminations
- Chart image: https://plicit.ai/charts/nov-fy2026-q2-revenue-by-subsegment-by-subsegment-eliminations-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Subsegments by Subsegments Consolidation Items. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 2,134,000,000 US dollars
- **Cost of revenue**: 1,613,000,000 US dollars
- **Gross profit**: 521,000,000 US dollars
- **Operating expenses (calculated)**: 328,000,000 US dollars
- **Operating profit**: 193,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 36,000,000 US dollars
- **Net income before income taxes**: 157,000,000 US dollars
- **Provision for income taxes**: 41,000,000 US dollars
- **Net income**: 116,000,000 US dollars
- **Continental - Intersegment Revenue**: 0 US dollars
- **Land and Offshore - Intersegment Revenue**: 0 US dollars
- **Undisclosed (calculated)**: 2,134,000,000 US dollars
- **Selling, general and administrative**: 328,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to NOV INC.: $112.00 M; to noncontrolling interests: $4.00 M.