NOV reports Q2 2026 revenue of $2.13B, up 4% sequentially; returns $127M to shareholders

Filed July 29, 2026 · Period ending July 28, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 revenue $2.13B (+4% sequentially, -2% YoY); net income $112M ($0.31/share); Adjusted EBITDA $283M includes ~$40M tariff refund benefit

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Returned $127M to shareholders via $63M in buybacks (3.2M shares) and $64M in dividends; total capital returned exceeds $1B since program inception

  Exhibit 99.1 view on EDGAR →
• high

  Energy Equipment revenue $1.22B (+1% YoY), operating profit $177M (14.5% margin), Adjusted EBITDA $200M (16.4% margin) including $14M tariff refund; backlog $4.08B

  Exhibit 99.1 view on EDGAR →