NOV warns Q1 revenue and earnings below guidance on Middle East conflict disruptions

NOV Inc.

2026-Q1 EPS reported $0.05 revenue$2,052,000,000

Preliminary Q1 revenue of $2.05B, operating profit $47M, adjusted EBITDA $177M; previously guided higher.
Middle East conflict reduced revenue by ~$54M and Adjusted EBITDA by ~$32M, mainly from delayed capital equipment deliveries.
Service-oriented offerings less affected; manufacturing absorption and shipping costs amplified margin pressure.
Final Q1 results to be released on April 27, 2026; conference call April 28.
Management expresses confidence in navigating disruptions and sees longer-term energy security demand.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NOV Inc. reported the quarter ended March 31, 2026 results: revenue $2.05 billion.

Period: the quarter ended March 31, 2026
Revenue: $2.05 billion
Result: preliminary results

Exact text from the filing

On a consolidated basis, the Company currently expects to report revenues of $2.05 billion, operating profit of $47 million, and Adjusted EBITDA* of $177 million.

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Source: SEC EDGAR

accession 0001193125-26-156143

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