Nov annual operating expenses
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Nov Operating Expenses Growth & History (NOV)
Nov's operating expenses was $1.27B for fiscal 2025.
View full Nov company overviewNov annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.27B | $139.0M | +12.26% |
| 2024 | 2024-12-31 | $1.13B | −$48.0M | −4.06% |
| 2023 | 2023-12-31 | $1.18B | $112.0M | +10.47% |
| 2022 | 2022-12-31 | $1.07B | $162.0M | +17.84% |
| 2021 | 2021-12-31 | $908.0M | −$1.95B | −68.24% |
| 2020 | 2020-12-31 | $2.86B | −$4.26B | −59.87% |
| 2019 | 2019-12-31 | $7.12B | $5.89B | +477.78% |
| 2018 | 2018-12-31 | $1.23B | $64.0M | +5.47% |
| 2017 | 2017-12-31 | $1.17B | −$1.14B | −49.39% |
| 2016 | 2016-12-31 | $2.31B | −$1.14B | −33.10% |
| 2015 | 2015-12-31 | $3.45B | $1.26B | +57.24% |
| 2014 | 2014-12-31 | $2.20B | $291.0M | +15.28% |
| 2013 | 2013-12-31 | $1.91B | $251.0M | +15.18% |
| 2012 | 2012-12-31 | $1.65B | $94.0M | +6.03% |
| 2011 | 2011-12-31 | $1.56B | $175.0M | +12.64% |
| 2010 | 2010-12-31 | $1.39B | −$84.0M | −5.72% |
| 2009 | 2009-12-31 | $1.47B | $315.0M | +27.30% |
| 2008 | 2008-12-31 | $1.15B | $368.0M | +46.82% |
| 2007 | 2007-12-31 | $786.0M | — | — |
Nov quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $328.0M | $25.0M | +8.25% |
| Q1 2026 | 2026-03-31 | $332.0M | $37.0M | +12.54% |
| Q4 2025 | 2025-12-31 | $370.0M | $84.0M | +29.37% |
| Q3 2025 | 2025-09-30 | $305.0M | $30.0M | +10.91% |
| Q2 2025 | 2025-06-30 | $303.0M | $26.0M | +9.39% |
| Q1 2025 | 2025-03-31 | $295.0M | −$1.0M | −0.34% |
| Q4 2024 | 2024-12-31 | $286.0M | −$50.0M | −14.88% |
| Q3 2024 | 2024-09-30 | $275.0M | −$10.0M | −3.51% |
| Q2 2024 | 2024-06-30 | $277.0M | $1.0M | +0.36% |
| Q1 2024 | 2024-03-31 | $296.0M | $11.0M | +3.86% |
| Q4 2023 | 2023-12-31 | $336.0M | $55.0M | +19.57% |
| Q3 2023 | 2023-09-30 | $285.0M | −$28.0M | −8.95% |
| Q2 2023 | 2023-06-30 | $276.0M | $35.0M | +14.52% |
| Q1 2023 | 2023-03-31 | $285.0M | $50.0M | +21.28% |
| Q4 2022 | 2022-12-31 | $281.0M | $64.0M | +29.49% |
| Q3 2022 | 2022-09-30 | $313.0M | $85.0M | +37.28% |
| Q2 2022 | 2022-06-30 | $241.0M | $22.0M | +10.05% |
| Q1 2022 | 2022-03-31 | $235.0M | −$9.0M | −3.69% |
| Q4 2021 | 2021-12-31 | $217.0M | −$18.0M | −7.66% |
| Q3 2021 | 2021-09-30 | $228.0M | $15.0M | +7.04% |
| Q2 2021 | 2021-06-30 | $219.0M | −$18.0M | −7.59% |
| Q1 2021 | 2021-03-31 | $244.0M | −$1.93B | −88.78% |
| Q4 2020 | 2020-12-31 | $235.0M | −$490.0M | −67.59% |
| Q3 2020 | 2020-09-30 | $213.0M | −$92.0M | −30.16% |
| Q2 2020 | 2020-06-30 | $237.0M | −$5.55B | −95.91% |
| Q1 2020 | 2020-03-31 | $2.17B | $1.87B | +615.13% |
| Q4 2019 | 2019-12-31 | $725.0M | $403.0M | +125.16% |
| Q3 2019 | 2019-09-30 | $305.0M | −$15.0M | −4.69% |
| Q2 2019 | 2019-06-30 | $5.79B | $5.49B | +1810.89% |
| Q1 2019 | 2019-03-31 | $304.0M | $16.0M | +5.56% |
| Q4 2018 | 2018-12-31 | $322.0M | $44.0M | +15.83% |
| Q3 2018 | 2018-09-30 | $320.0M | $28.0M | +9.59% |
| Q2 2018 | 2018-06-30 | $303.0M | $10.0M | +3.41% |
| Q1 2018 | 2018-03-31 | $288.0M | −$18.0M | −5.88% |
| Q4 2017 | 2017-12-31 | $278.0M | −$29.0M | −9.45% |
| Q3 2017 | 2017-09-30 | $292.0M | −$973.0M | −76.92% |
| Q2 2017 | 2017-06-30 | $293.0M | −$12.0M | −3.93% |
| Q1 2017 | 2017-03-31 | $306.0M | −$127.0M | −29.33% |
| Q4 2016 | 2016-12-31 | $307.0M | −$1.68B | −84.58% |
| Q3 2016 | 2016-09-30 | $1.26B | $827.0M | +188.81% |
| Q2 2016 | 2016-06-30 | $305.0M | −$112.0M | −26.86% |
| Q1 2016 | 2016-03-31 | $433.0M | −$174.0M | −28.67% |
| Q4 2015 | 2015-12-31 | $1.99B | $1.37B | +219.58% |
| Q3 2015 | 2015-09-30 | $438.0M | −$102.0M | −18.89% |
| Q2 2015 | 2015-06-30 | $417.0M | −$125.0M | −23.06% |
| Q1 2015 | 2015-03-31 | $607.0M | $116.0M | +23.63% |
| Q4 2014 | 2014-12-31 | $623.0M | $70.0M | +12.66% |
| Q3 2014 | 2014-09-30 | $540.0M | $64.0M | +13.45% |
| Q2 2014 | 2014-06-30 | $542.0M | $82.0M | +17.83% |
| Q1 2014 | 2014-03-31 | $491.0M | $75.0M | +18.03% |
| Q4 2013 | 2013-12-31 | $553.0M | $189.0M | +51.92% |
| Q3 2013 | 2013-09-30 | $476.0M | $3.0M | +0.63% |
| Q2 2013 | 2013-06-30 | $460.0M | $33.0M | +7.73% |
| Q1 2013 | 2013-03-31 | $416.0M | $26.0M | +6.67% |
| Q4 2012 | 2012-12-31 | $364.0M | −$63.0M | −14.75% |
| Q3 2012 | 2012-09-30 | $473.0M | $81.0M | +20.66% |
| Q2 2012 | 2012-06-30 | $427.0M | $52.0M | +13.87% |
| Q1 2012 | 2012-03-31 | $390.0M | $24.0M | +6.56% |
| Q4 2011 | 2011-12-31 | $427.0M | $54.0M | +14.48% |
| Q3 2011 | 2011-09-30 | $392.0M | $43.0M | +12.32% |
| Q2 2011 | 2011-06-30 | $375.0M | $37.0M | +10.95% |
| Q1 2011 | 2011-03-31 | $366.0M | $41.0M | +12.62% |
| Q4 2010 | 2010-12-31 | $373.0M | $2.0M | +0.54% |
| Q3 2010 | 2010-09-30 | $349.0M | $59.0M | +20.34% |
| Q2 2010 | 2010-06-30 | $338.0M | −$151.0M | −30.88% |
| Q1 2010 | 2010-03-31 | $325.0M | $6.0M | +1.88% |
| Q4 2009 | 2009-12-31 | $371.0M | — | — |
| Q3 2009 | 2009-09-30 | $290.0M | −$20.0M | −6.45% |
| Q2 2009 | 2009-06-30 | $489.0M | $199.0M | +68.62% |
| Q1 2009 | 2009-03-31 | $319.0M | — | — |
| Q3 2008 | 2008-09-30 | $310.0M | — | — |
| Q2 2008 | 2008-06-30 | $290.0M | — | — |
Nov operating expenses trends
Over the last five fiscal years, Nov's operating expenses decreased from $2.86B to $1.27B, a change of −$1.59B. The latest reported quarter, Q2 2026, shows $328.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nov source filings ↗