---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-006627"
form_type: "8-K"
ticker: "NOV"
cik: "0001021860"
company_name: "NOV Inc."
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:22:48.926462+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NOV Q1 2022 revenue $1.55B (+24% YoY); net loss $50M includes $45M Russia/Belarus/Ukraine charges

## Summary
- Net loss of $50M (3.2% of sales) includes $45M in impairment and restructuring charges from Russia, Belarus, and Ukraine.
- Adjusted EBITDA rose to $103M (6.7% of sales) vs. Q4 2021, driven by better execution and pricing.
- Wellbore Technologies revenue $608M (+47% YoY); adjusted EBITDA margin 16.6%.
- Completion & Production Solutions backlog $1.36B (+68% YoY); book-to-bill 110%.
- Rig Technologies backlog $2.89B; book-to-bill 124% with $80M inflationary price adjustments.

## SEC filing metadata
- accession: 0000950170-22-006627
- form_type: 8-K
- ticker: NOV
- cik: 0001021860
- company_name: NOV Inc.
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021860/000095017022006627/0000950170-22-006627-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021860/000095017022006627/nov-20220429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-006627
- JSON: https://secwatch.observer/filing/0000950170-22-006627.json
- Plain text: https://secwatch.observer/filing/0000950170-22-006627.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.