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NOV (NOV) free cash flow by quarter

NOV's free cash flow was $472M in Q4 2025 (fourth quarter 2025), +93% from Q3 2025. Over the last 4 quarters it ranged from $51.0M (Q1 2025) to $472M (Q4 2025).

NOV free cash flow by quarterNOV free cash flow by quarter$51.0MQ1 2025$108MQ2 2025$245MQ3 2025$472MQ4 2025
QuarterFree cash flowQ/QY/Y
Q4 2025$472M+93%—
Q3 2025$245M+127%—
Q2 2025$108M+112%—
Q1 2025$51.0M——

Q4 2025 at a glance

NOV, Q4 2025: revenue $2.3B (-1% year over year), operating margin 4.0%, net loss $81.0M, operating cash flow $573M. The chart follows the revenue to costs, profit and cash.

Questions

What is NOV's free cash flow?

NOV's free cash flow was $472M in Q4 2025 (fourth quarter 2025), +93% from Q3 2025.

How has NOV's free cash flow changed?

Over the last 4 quarters it ranged from $51.0M (Q1 2025) to $472M (Q4 2025).

Q4 2025 results → · How NOV makes money →