Nov Inc. splits its revenue into 4 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Product at $5.8 billion, 67% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
8,689
|
8,744
|
8,870
|
8,583
|
7,237
|
5,524
|
6,090
|
8,479
|
8,453
|
7,304
|
7,251
|
| Product |
—
|
5,827
-0.1%
share 66.6%
|
5,830
+1.0%
share 65.7%
|
5,775
+18.5%
share 67.3%
|
4,873
+29.3%
share 67.3%
|
3,769
-14.5%
share 68.2%
|
4,409
-24.8%
share 72.4%
|
5,862
+2.9%
share 69.1%
|
5,699
+15.2%
share 67.4%
|
4,948
share 67.7%
|
—
|
| Services |
—
|
1,954
-1.9%
share 22.3%
|
1,991
+11.3%
share 22.4%
|
1,789
+20.7%
share 20.8%
|
1,482
+33.0%
share 20.5%
|
1,114
+2.1%
share 20.2%
|
1,091
-28.1%
share 17.9%
|
1,517
-5.9%
share 17.9%
|
1,612
+9.5%
share 19.1%
|
1,472
share 20.2%
|
—
|
| Rental |
—
|
963
-8.2%
share 11.0%
|
1,049
+2.9%
share 11.8%
|
1,019
+15.5%
share 11.9%
|
882
+37.6%
share 12.2%
|
641
+8.6%
share 11.6%
|
590
-46.4%
share 9.7%
|
1,100
-3.7%
share 13.0%
|
1,142
+29.2%
share 13.5%
|
884
share 12.1%
|
—
|
| Royalty |
—
|
57
-14.9%
share 0.7%
|
67
-14.1%
share 0.8%
|
78
-2.5%
share 0.9%
|
80
share 1.1%
|
—
|
—
|
—
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Oil & Gas Field Machinery & Equipment (SIC 3533)
- Listed as
- NOV (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1021860
- Former names
- NATIONAL OILWELL VARCO INC (until Dec 22, 2020); NATIONAL OILWELL INC (until Mar 8, 2005)
Other Oil & Gas Field Machinery & Equipment companies
- Baker Hughes Co BKR
- TechnipFMC plc FTI
- Solaris Energy Infrastructure, Inc. SEI
- Weatherford International plc WFRD
- Cactus, Inc. WHD
- DNOW Inc. DNOW
- Flowco Holdings Inc. FLOC
- Innovex International, Inc. INVX
Source: SEC EDGAR filings. This is company-reported data, not investment advice.