NOV INC. (NOV) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Subsegment by Subsegment Eliminations
2026-01-01 to 2026-06-30
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NOV INC. (NOV) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Subsegments by Subsegments Consolidation Items. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenue
- 4,186,000,000 US dollars
- Cost of revenue
- 3,286,000,000 US dollars
- Gross profit
- 900,000,000 US dollars
- Operating expenses (calculated)
- 660,000,000 US dollars
- Operating profit
- 240,000,000 US dollars
- Other income (expense), net (calculated)
- negative 48,000,000 US dollars
- Net income before income taxes
- 192,000,000 US dollars
- Provision for income taxes
- 56,000,000 US dollars
- Net income
- 136,000,000 US dollars
- Continental - Intersegment Revenue
- 0 US dollars
- Land and Offshore - Intersegment Revenue
- 0 US dollars
- Undisclosed (calculated)
- 4,186,000,000 US dollars
- Selling, general and administrative
- 660,000,000 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.: $131.00 M; to noncontrolling interests: $5.00 M.

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Gross margin
21.5%
Gross profit / revenue
Operating margin
5.7%
Operating profit / revenue
Cash conversion
−6.6%
Operating cash / net income, same period
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