Filing Flows › NOV (NOV) › Operating margin
NOV (NOV) operating margin by quarter
NOV's operating margin was 6.4% in Q3 2026 (third quarter 2026), -2.7 pts from Q2 2026. Over the last 6 quarters it ranged from 2.3% (Q1 2026) to 9.0% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 6.4% | -2.7 pts | +1.5 pts |
| Q2 2026 | 9.0% | +6.8 pts | +2.5 pts |
| Q1 2026 | 2.3% | -2.6 pts | -4.9 pts |
| Q3 2025 | 4.9% | -1.6 pts | — |
| Q2 2025 | 6.5% | -0.7 pts | — |
| Q1 2025 | 7.2% | — | — |
Q3 2026 at a glance
NOV, Q3 2026: revenue $2.2B (+2% year over year), operating margin 6.4%, net earnings $90.0M, operating cash flow $41.0M. The chart follows the revenue to costs, profit and cash.
Questions
What is NOV's operating margin?
NOV's operating margin was 6.4% in Q3 2026 (third quarter 2026), -2.7 pts from Q2 2026.
How has NOV's operating margin changed?
Over the last 6 quarters it ranged from 2.3% (Q1 2026) to 9.0% (Q2 2026).