NOV INC. (NOV) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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NOV INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from sales of fixed assets → investing reconciliation: $45,000,000.00investing reconciliation → Purchases of property, plant and equipment: $146,000,000.00investing reconciliation → Business acquisitions, net of cash acquired: $13,000,000.00financing reconciliation → Share repurchases: $130,000,000.00financing reconciliation → Cash dividends paid: $97,000,000.00financing reconciliation → Financing leases: $16,000,000.00financing reconciliation → Payments against lines of credit and other debt: $13,000,000.00financing reconciliation → Other: $7,000,000.00Net cash used in operating activities → operating reconciliation: $9,000,000.00Net income → operating reconciliation: $136,000,000.00Depreciation and amortization → operating reconciliation: $185,000,000.00Stock-based compensation → operating reconciliation: $41,000,000.00Contract liabilities → operating reconciliation: $31,000,000.00Accounts payable → operating reconciliation: $27,000,000.00Other assets/liabilities, net → operating reconciliation: $16,000,000.00Deferred income taxes → operating reconciliation: $5,000,000.00Other, net → operating reconciliation: $3,000,000.00operating reconciliation → Inventories: $170,000,000.00operating reconciliation → Receivables: $111,000,000.00operating reconciliation → Contract assets: $70,000,000.00operating reconciliation → Accrued liabilities: $60,000,000.00operating reconciliation → Prepaid and other current assets: $27,000,000.00operating reconciliation → Income taxes payable: $15,000,000.00Net cash used in financing activities → financing reconciliation: $263,000,000.00Net cash used in investing activities → investing reconciliation: $114,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,552,000,000.00Cash sources and uses → Exchange-rate effect: $2,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,164,000,000.00Cash sources and uses → Net cash used in investing activities: $114,000,000.00Cash sources and uses → Net cash used in financing activities: $263,000,000.00Cash sources and uses → Net cash used in operating activities: $9,000,000.00Net income: $136,000,000.00Net income+$136.00 MDepreciation and amortization: $185,000,000.00Depreciation & amortization+$185.00 MDeferred income taxes: $5,000,000.00Deferred taxes & credits+$5.00 MStock-based compensation: $41,000,000.00Stock-based compensation+$41.00 MOther, net: $3,000,000.00Other non-cash items+$3.00 MReceivables: -$111,000,000.00Accounts receivable−$111.00 MInventories: -$170,000,000.00Inventories−$170.00 MContract assets: -$70,000,000.00Contract assets−$70.00 MPrepaid and other current assets: -$27,000,000.00Prepaid & other assets−$27.00 MAccounts payable: $27,000,000.00Accounts payable+$27.00 MAccrued liabilities: -$60,000,000.00Accrued liabilities−$60.00 MContract liabilities: $31,000,000.00Deferred revenue+$31.00 MIncome taxes payable: -$15,000,000.00Income taxes payable−$15.00 MOther assets/liabilities, net: $16,000,000.00Other working capital, net+$16.00 MNet cash used in operating activities: -$9,000,000.00. Cash required to fund net payments.Operating cash−$9.00 Moperating reconciliation: $453,000,000.00Payments against lines of credit and other debt: -$13,000,000.00Long-term debt repaid−$13.00 MShare repurchases: -$130,000,000.00Common stock repurchases−$130.00 MCash dividends paid: -$97,000,000.00Common dividends paid−$97.00 MFinancing leases: -$16,000,000.00Finance lease payments−$16.00 MOther: -$7,000,000.00Other financing, net−$7.00 MNet cash used in financing activities: -$263,000,000.00. Cash required to fund net payments.Financing cash−$263.00 Mfinancing reconciliation: $263,000,000.00Purchases of property, plant and equipment: -$146,000,000.00PP&E purchases−$146.00 MBusiness acquisitions, net of cash acquired: -$13,000,000.00Acquisitions, net of cash−$13.00 MProceeds from sales of fixed assets: $45,000,000.00PP&E sales+$45.00 MNet cash used in investing activities: -$114,000,000.00. Cash required to fund net payments.Investing cash−$114.00 Minvesting reconciliation: $159,000,000.00Cash sources and uses: $1,552,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,552,000,000.00Beginning cash$1.55 BEnding cash: Cash, cash equivalents, and restricted cash: $1,164,000,000.00Ending cash$1.16 BExchange-rate effect: -$2,000,000.00FX effect−$2.00 MCASH RECONCILIATIONInvestingflowsFinancingflowsOperatingflowsFree cash flow−$155.00 MOperating cash − cash spent on PP&ECash flow / Net income−0.07×Operating cash flow ÷ net incomeNet cash change−$388.00 MEnding cash − beginning cash
Chart details

NOV INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
1,552,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 9,000,000 US dollars. Net cash used.
Net income
136,000,000 US dollars
Depreciation and amortization
185,000,000 US dollars
Deferred income taxes
5,000,000 US dollars
Stock-based compensation
41,000,000 US dollars
Other, net
3,000,000 US dollars
Receivables
negative 111,000,000 US dollars
Inventories
negative 170,000,000 US dollars
Contract assets
negative 70,000,000 US dollars
Prepaid and other current assets
negative 27,000,000 US dollars
Accounts payable
27,000,000 US dollars
Accrued liabilities
negative 60,000,000 US dollars
Contract liabilities
31,000,000 US dollars
Income taxes payable
negative 15,000,000 US dollars
Other assets/liabilities, net
16,000,000 US dollars
Investing activities
negative 114,000,000 US dollars. Net cash used.
Purchases of property, plant and equipment
negative 146,000,000 US dollars
Business acquisitions, net of cash acquired
negative 13,000,000 US dollars
Proceeds from sales of fixed assets
45,000,000 US dollars
Financing activities
negative 263,000,000 US dollars. Net cash used.
Payments against lines of credit and other debt
negative 13,000,000 US dollars
Share repurchases
negative 130,000,000 US dollars
Cash dividends paid
negative 97,000,000 US dollars
Financing leases
negative 16,000,000 US dollars
Other
negative 7,000,000 US dollars
Operating adjustment reconciliation
453,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
263,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
159,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 2,000,000 US dollars
Ending cash on Jun 30, 2026
1,164,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,552,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 388,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−0.07×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
negative 9,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
146,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 155,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 9,000,000 US dollars minus 146,000,000 US dollars equals negative 155,000,000 US dollars.
NOV INC. (NOV) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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