Recent Updates — NOV

NOV Inc. reported third quarter 2026 revenues of $2.23 billion, a 4% increase sequentially and 2% year-over-year. Net income was $90 million, or $0.25 per diluted share, compared to $112 million in the prior year period. Adjusted EBITDA came in at $281 million, up $23 million year-over-year. The company also provided fourth quarter 2026 guidance, expecting consolidated revenues to be roughly flat year-over-year and Adjusted EBITDA between $260 million and $300 million. NOV Inc. delivers technology-driven solutions to empower the global energy industry.

NOV Inc. reported second quarter 2026 results with revenues of $2.13 billion, up 4% sequentially and down 2% year-over-year. Net income was $112 million, or $0.31 per diluted share, an increase of $93 million sequentially and $4 million year-over-year. Adjusted EBITDA reached $283 million, including a $40 million benefit from tariff refunds. The company returned $127 million to shareholders through repurchases and dividends. Bookings totaled $474 million against shipments of $638 million, resulting in a book-to-bill ratio of 74%. For the third quarter of 2026, management expects year-over-year revenues to be flat to up 2%, with Adjusted EBITDA between $240 million and $270 million. NOV Inc. operates in the oilfield services and equipment industry, providing technology-driven solutions for energy production.