NOV Q2 FY26 net income rises 4% year-over-year to $112 million; revenue falls 2% to $2.13 billion

• NOV posted Q2 2026 revenue of USD 2.13 billion, up 4% sequentially, down 2% year-over-year.
• Net income attributable to shareholders rose to USD 112 million, or USD 0.31 per share, up USD 93 million sequentially.
• Adjusted EBITDA climbed to USD 283 million, up USD 106 million sequentially; results included about USD 40 million of tariff refunds.
• Energy Equipment revenue edged up to USD 1.22 billion, while Energy Products and Services revenue fell to USD 974 million.
• Q3 outlook calls for revenue flat to up 2% year-over-year; adjusted EBITDA seen at USD 240 million to USD 270 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NOV Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607281745PRIMZONEFULLFEED9799664) on July 28, 2026, and is solely responsible for the information contained therein.