---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-015068"
form_type: "8-K"
ticker: "NOV"
cik: "0001021860"
company_name: "NOV Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T07:43:28.295664+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NOV reports Q1 2023 revenue of $1.96B, net income $126M ($0.32 EPS)

## Summary
- Revenue $1.96B, down 5% sequentially, up 27% year-over-year.
- Operating profit $126M, up $147M from prior-year quarter.
- Net income $126M, or $0.32 per diluted share.
- Adjusted EBITDA $195M, up $92M year-over-year.

## SEC filing metadata
- accession: 0000950170-23-015068
- form_type: 8-K
- ticker: NOV
- cik: 0001021860
- company_name: NOV Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021860/000095017023015068/0000950170-23-015068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021860/000095017023015068/nov-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-015068
- JSON: https://secwatch.observer/filing/0000950170-23-015068.json
- Plain text: https://secwatch.observer/filing/0000950170-23-015068.txt

## Key facts
- Earnings Releases
  NOV Inc. reported the quarter ended March 31, 2023 results: revenue $1.96 billion, net income $126 million, EPS $0.32 per fully diluted share.
  - Period: the quarter ended March 31, 2023
  - Revenue: $1.96 billion
  - Net income: $126 million
  - EPS: $0.32 per fully diluted share
  - Result: reported results
  source text: Revenue of $1.96 billion, down 5% sequentially and up 27% year-over-year • Operating Profit of $126 million, down $36 million sequentially and up $147 million year-over-year • Net Income of $126 million, or $0.32 per fully diluted share • Adjusted EBITDA* of $195 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1021860/000095017023015068/0000950170-23-015068-index.htm

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