NOV Inc.
For the period ended Dec 31, 2025. Filed Feb 12, 2026.
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FY2025 · Filed Feb 12, 2026
NOV$17.68-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(In millions, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | |||
| Sales | $5,827 | $5,830 | $5,775 |
| Services | 1,954 | 1,991 | 1,789 |
| Rental | 963 | 1,049 | 1,019 |
| Total | 8,744 | 8,870 | 8,583 |
| Cost of revenue | |||
| Sales | 4,852 | 4,759 | 4,798 |
| Services | 1,528 | 1,543 | 1,367 |
| Rental | 597 | 558 | 585 |
| Total | 6,977 | 6,860 | 6,750 |
| Gross profit | 1,767 | 2,010 | 1,833 |
| Selling, general and administrative | 1,203 | 1,134 | 1,182 |
| Goodwill and long-lived asset impairment | 70 | — | — |
| Operating profit | 494 | 876 | 651 |
| Interest and financial costs | (88) | (91) | (88) |
| Interest income | 51 | 38 | 28 |
| Equity income (loss) in unconsolidated affiliates | (16) | 36 | 119 |
| Other expense, net | (66) | (28) | (98) |
| Income before income taxes | 375 | 831 | 612 |
| Provision (benefit) for income taxes | 224 | 196 | (373) |
| Net income | 151 | 635 | 985 |
| Net income (loss) attributable to noncontrolling interests | 6 | — | (8) |
| Net income attributable to Company | $145 | $635 | $993 |
| Net income attributable to Company per share: | |||
| Basic | $0.39 | $1.62 | $2.53 |
| Diluted | $0.39 | $1.60 | $2.50 |
| Cash dividends per share | $0.51 | $0.275 | $0.20 |
| Weighted average shares outstanding: | |||
| Basic | 372 | 392 | 393 |
| Diluted | 375 | 396 | 397 |
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