---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-052217"
form_type: "8-K"
ticker: "NOV"
cik: "0001021860"
company_name: "NOV Inc."
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:13:39.460362+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NOV Q3 2021 net loss $69M on revenue $1.34B; adjusted EBITDA $56M

## Summary
- Revenue $1.34B (-5% QoQ, -3% YoY); net loss $69M incl. $12M COVID charges and $24M other items.
- Adjusted EBITDA $56M (4.2% of sales); Wellbore Technologies adj EBITDA $77M, C&P Solutions -$5M, Rig Technologies $25M.
- C&P Solutions backlog $1.11B (book-to-bill 144%); Rig Technologies backlog $2.78B (book-to-bill 190%).
- Total debt $1.70B, cash $1.67B, $2.00B revolver available.
- CEO cites rising oil/gas prices driving demand; offshore wind orders >50% of Rig Tech segment orders.

## SEC filing metadata
- accession: 0001564590-21-052217
- form_type: 8-K
- ticker: NOV
- cik: 0001021860
- company_name: NOV Inc.
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021860/000156459021052217/0001564590-21-052217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021860/000156459021052217/nov-8k_20211027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-052217
- JSON: https://secwatch.observer/filing/0001564590-21-052217.json
- Plain text: https://secwatch.observer/filing/0001564590-21-052217.txt

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