Rodney Reed
Also on March 17, 2025, the Company appointed Rodney Reed as its Senior Vice President and Chief Financial Officer.
Highest-materiality recent filing
NOV Q2 2026: Net income $112M ($0.31/sh), revenue $2.13B, up 4% sequentially
Revenue $2.13B, up 4% sequentially, down 2% year-over-year.
NOV Q1 2026 revenue $2.05B, net income $19M, adjusted EBITDA $177M
Revenue $2.05B; net income $19M ($0.05 EPS); adjusted EBITDA $177M.
NOV warns Q1 revenue and earnings below guidance on Middle East conflict disruptions
Preliminary Q1 revenue of $2.05B, operating profit $47M, adjusted EBITDA $177M; previously guided higher.
NOV reports Q4 net loss of $78M on revenue of $2.28B; full-year net income of $145M
Q4 revenue $2.28B, up 5% sequentially; net loss of $78M ($0.21 EPS).
NOV CEO Clay Williams to retire Jan 1, 2026; Jose Bayardo to succeed as Chairman, President & CEO
Clay Williams steps down as Chairman and CEO effective Jan 1, 2026, remaining in advisory role until Feb 28, 2026.
NOV Q3 revenue $2.18B, net income $42M; COO Bayardo appointed to board
Bookings of $951M with book-to-bill 141%; revenues $2.18B for Q3 2025.
NOV Q2 2025 revenue $2.19B, net income $108M, returns $176M to shareholders
Revenues of $2.19B, up 4% sequentially, down 1% year-over-year.
Supplemental dividend of $0.21/share, payable June 13, 2025 to record holders as of June 2, 2025.
NOV promotes Bayardo to President & COO, Reed to CFO effective March 17
Jose Bayardo promoted from SVP & CFO to President & COO effective March 17, 2025.
NOV Q4 adj. EBITDA $302M, free cash flow $473M; capital orders book-to-bill 121%
Q4 net income $160M ($0.41 diluted EPS); FY net income $635M ($1.60 diluted EPS).
NOV Q3 net income rises to $130M ($0.33 EPS); adjusted EBITDA $286M; bookings 111% book-to-bill
Net income of $130M ($0.33 EPS), up $16M year-over-year.
NOV Q2 revenue $2.22B (+6% YoY), net income $226M, adjusted EBITDA $281M; bookings 177% book-to-bill
Revenue of $2.22 billion, up 6% year-over-year.
NOV Q1 revenue $2.16B (+10%); plans $1B buyback, 50% dividend increase
Q1 revenue $2.16B (+10% YoY); net income $119M (-$7M YoY); EPS $0.30 (-$0.02).
NOV Q4 revenue $2.34B, net income $598M, EPS $1.51; re-segmentation effective Jan 1, 2024
Q4 revenue $2.34B (+7% seq, +13% YoY); adjusted EBITDA $294M (+$27M seq, +$63M YoY).
NOV reports Q3 revenue $2.19B (+16% YoY), net income $114M, EPS $0.29 (down $0.10 sequentially)
Revenue of $2.19B, up 4% sequentially and 16% year-over-year, driven by growth across segments.
NOV Q2 2023 revenue $2.09B, up 21% YoY; EPS $0.39, up $0.21 YoY
Revenue of $2.09B, up 7% sequentially and 21% year-over-year.
NOV reports Q1 2023 revenue of $1.96B, net income $126M ($0.32 EPS)
Revenue $1.96B, down 5% sequentially, up 27% year-over-year.
NOV reports Q4 2022 revenue $2.07B, net income $104M ($0.26 EPS)
Revenue of $2.07B, up 10% sequentially and 37% year-over-year.
NOV Q3 2022 revenue up 41% YoY to $1.89B; net income $32M
Revenue of $1.89B, up 9% sequentially and 41% year-over-year.
NOV Q2 2022 revenue $1.73B, net income $69M, adjusted EBITDA $150M
Revenue of $1.73B, up 12% sequentially and 22% year-over-year.
NOV Q1 2022 revenue $1.55B (+24% YoY); net loss $50M includes $45M Russia/Belarus/Ukraine charges
Net loss of $50M (3.2% of sales) includes $45M in impairment and restructuring charges from Russia, Belarus, and Ukraine.
NOV Q4 revenue $1.52B (+13% seq); net loss $40M; adj. EBITDA $69M
Revenue $1.52B, up 13% sequentially and 14% YoY; net loss $40M includes $20M in one-time charges.
NOV reinstates quarterly dividend of $0.05 per share; payable Dec 17, 2021
Board reinstates regular quarterly cash dividend of $0.05 per share of common stock.
NOV Q3 2021 net loss $69M on revenue $1.34B; adjusted EBITDA $56M
Revenue $1.34B (-5% QoQ, -3% YoY); net loss $69M incl. $12M COVID charges and $24M other items.
NOV Q2 2021 revenue $1.42B, net loss $26M; adjusted EBITDA rises to $104M
Revenue of $1.42B, up 13% QoQ but down 5% YoY; net loss $26M includes $15M in one-time charges.
Also on March 17, 2025, the Company appointed Rodney Reed as its Senior Vice President and Chief Financial Officer.
On March 17, 2025, NOV Inc. (the “ Company ”) appointed Jose Bayardo as its President and Chief Operating Officer, effective March 17, 2025.
On March 6, 2024, the Board of Directors (the “Board”) of NOV Inc. (the “Company”) appointed Patricia Martinez as a director of the Company, effective March 6, 2024, with a term of office expiring at the next annual meeting of stockholders.
On January 17, 2024, the Board of Directors (the “Board”) of NOV Inc. (the “Company”) appointed Patricia B. Melcher as a director of the Company, effective January 17, 2024, with a term of office expiring at the next annual meeting of stockholders.
retirement of Kirk M. Shelton, President of Completion and Production Solutions
Scott B. Livingston has been selected to serve as the President of the Energy Products and Services segment
retirement of Isaac H. Joseph, President of Wellbore Technologies
Joseph W. Rovig has been selected to serve as the President of the Energy Equipment segment
Mr. James T. Hackett, a member of the Board of Directors (the “Board”) of NOV Inc. (the “Company”) since 2016 and the Board’s current independent Lead Director, notified the Board of his decision to resign from the Board, effective as of April 16, 2023.
The Board appointed Mr. Greg L. Armstrong, a current member of the Board, to serve as the Board’s independent Lead Director, effective as of April 16, 2023.
the Board of Directors (the “Board”) of NOV Inc. (the “Company”) appointed Robert S. Welborn as a director of the Company, effective October 20, 2021
On September 27, 2021, NOV Inc. (the “Company”) issued a press release announcing that Scott K. Duff, Vice President, Corporate Controller and Chief Accounting Officer, notified the Company of his intention to retire.
Max materiality 0.85 · Median 0.60 · Most common event earnings