Filing Flows › NOV (NOV) › Q3 2026
NOV (NOV) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
NOV (NOV) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +2% from a year earlier and +4% from the quarter before. Operating margin was 6.4%, net earnings $90.0M (4.0% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +4% | +2% |
| Gross profit | $439M | -16% | +7% |
| Operating profit | $142M | -26% | +33% |
| Net earnings | $90.0M | -20% | +114% |
| Operating cash flow | $41.0M | +141% | -88% |
What changed
Revenue was $2.2B in Q3 2026, up 2% year over year and up 4% from the previous quarter.
Gross margin was 19.7%, up 0.8 points from Q3 2025. Operating profit was $0.14B, a 6.4% margin (up 1.5 points year over year). Of the extra revenue versus Q3 2025, 70% reached operating profit, above the 5% margin then. Operating expenses fell 3% while revenue rose 2%. Net earnings were $0.09B, up 114% year over year. The effective tax rate was 22.8%.
Operating cash flow was $0.04B (down 88% year over year), 43% of net income including minority interests. Non-cash charges added back $0.09B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.16B. Capital expenditures of $0.09B exceeded it, leaving free cash flow of −$0.05B.
Questions
What was NOV's revenue in the third quarter 2026?
NOV (NOV) reported revenue of $2.2B for the third quarter 2026 (Q3 2026), +2% from a year earlier and +4% from the quarter before.
Was NOV profitable in the third quarter 2026?
Operating profit was $142M (6.4% of revenue) and net earnings $90.0M.
Source: NOV 10-Q on SEC EDGAR.