NOV · NOV Inc.
Price & Indicators
Up next
Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 29, 2026TL;DR. NOV posted $2.13B Q2 revenue with adjusted EBITDA of $283M (incl. ~$40M tariff refund benefit) and strong incremental margins, while guiding Q3 to flat-to-up 2% revenue and $240-270M EBITDA, but Energy Products & Services revenue fell 5% YoY, energy equipment backlog declined $220M YoY, and the outlook remains contingent on Middle East stability.
- + Energy Equipment segment delivered a record 16.4% adjusted EBITDA margin with a fifth consecutive quarter of YoY revenue growth.
- + Q3 guidance calls for sequential and YoY consolidated revenue growth with adjusted EBITDA of $240-270M.
- + Subsea flexible pipe achieved record EBITDA with trailing 12-month book-to-bill of 135% and backlog up 28% YoY.
- + Short-cycle capital equipment backlog strengthened, with drill pipe bookings up 40%+ YoY and backlog roughly doubled versus 12 months ago.
- + Returned $127M to shareholders in Q2 and over $1B since the program began, while cash increased ~$700M.
- − Energy Equipment backlog declined $220M YoY and Q2 capital equipment book-to-bill was 74%, below 100%.
- − Q2 free cash flow was negative $64M impacted by milestone billing timing and elevated inventory tied to Middle East conflict.
- − Quarterly tariff expense increased ~$20M YoY (from ~$10M to $30M) and Middle East logistics remain less predictable and more costly.
- − Q3 guidance is explicitly contingent on Middle East conditions remaining consistent with Q2, with management flagging potential for materially worse outcomes.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Oil & Gas Equipment & Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NOV
this stock
NOV Inc.
|
$7.13B | +19.8% | -1.4% | — | 7.6% |
|
SLB
Slb Limited/Nv
|
$76.49B | +26.9% | +9.5% | 25.1 | 4.1% |
|
BKR
Baker Hughes Co
|
$55.51B | +20.6% | -0.3% | — | 2.5% |
|
TS
Tenaris SA
|
$28.00B | +43.5% | — | — | 0.8% |
|
FTI
TechnipFMC plc
|
$27.84B | +52.4% | +9.4% | 24.7 | 3.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NOV | -7.6% | -12.3% | -4.4% | -12.0% | +19.8% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -7.0% | -12.4% | -16.6% | -11.4% | +8.0% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.