NOV INC. (NOV) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Subsegment by Subsegment Eliminations
2026-04-01 to 2026-06-30
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NOV INC. (NOV) FY2026 Q2 P&L / Income Statement
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
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- 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.

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Gross margin
24.4%
Gross profit / revenue
Operating margin
9.0%
Operating profit / revenue
Cash conversion
14.7%
Operating cash / net income, same period
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