NOV Inc. (NOV) — Financial statements
Income statement, balance sheet, and cash flow for NOV Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 8,744↓1.4% | 8,870↑3.3% | 8,583↑18.6% | 7,237↑31.0% | 5,524 | |
| Cost of Revenue | 6,977↑1.7% | 6,860↑1.6% | 6,750↑14.3% | 5,903↑24.3% | 4,750 | |
| Gross Profit | 1,767↓12.1% | 2,010↑9.7% | 1,833↑37.4% | 1,334↑72.4% | 774 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,203↑6.1% | 1,134↓4.1% | 1,182↑10.5% | 1,070↑17.8% | 908 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,203↑6.1% | 1,134↓4.1% | 1,182↑10.5% | 1,070↑17.8% | 908 | |
| Total Costs & Expenses | 8,180↑2.3% | 7,994↑0.8% | 7,932↑13.8% | 6,973↑23.2% | 5,658 | |
| Operating Results | ||||||
| Operating Income | 564↓35.6% | 876↑34.6% | 651↑146.6% | 264↑297.0% | -134 | |
| Depreciation & Amortization | 355↑3.5% | 343↑13.6% | 302↑0.3% | 301↓1.6% | 306 | |
| EBITDA | 818↓35.3% | 1,265↑26.2% | 1,002↑62.4% | 617↑303.3% | 153 | |
| EBIT | 463↓49.8% | 922↑31.7% | 700↑121.5% | 316↑306.5% | -153 | |
| Interest & Other Income | ||||||
| Net Interest Income | -37↑30.2% | -53↑11.7% | -60↓1.7% | -59↑13.2% | -68 | |
| Interest Income | 51↑34.2% | 38↑35.7% | 28↑47.4% | 19↑111.1% | 9 | |
| Interest Expense | 88↓3.3% | 91↑3.4% | 88↑12.8% | 78↑1.3% | 77 | |
| Non-Operating Income | 101↑319.6% | -46↑6.1% | -49↑5.8% | -52↓373.7% | 19 | |
| Other Income / Expenses | -189↓320.0% | -45↓15.4% | -39↓50.0% | -26↑72.9% | -96 | |
| Income Before Tax | 375↓54.9% | 831↑35.8% | 612↑157.1% | 238↑203.5% | -230 | |
| Income Tax Expense | 224↑14.3% | 196↑152.5% | -373↓549.4% | 83↑453.3% | 15 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 151↓76.2% | 635↓35.5% | 985↑535.5% | 155↑163.3% | -245 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 145↓77.2% | 635↓36.1% | 993↑540.6% | 155↑162.0% | -250 | |
| Bottom-Line Net Income | 145↓77.2% | 635↓36.1% | 993↑540.6% | 155↑162.0% | -250 | |
| EPS (Basic) | 0.39↓75.9% | 1.62↓36.0% | 2.53↑532.5% | 0.40↑161.5% | -0.65 | |
| EPS (Diluted) | 0.39↓75.6% | 1.60↓36.0% | 2.50↑541.0% | 0.39↑160.0% | -0.65 | |
| Weighted Average Shares | 372↓5.1% | 392↓0.3% | 393↑0.8% | 390↑1.0% | 386 | |
| Weighted Average Diluted Shares | 375↓5.3% | 396↓0.3% | 397↑0.8% | 394↑2.1% | 386 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.