NOV Q2 Revenue $2.13B, Net Income $112M

NOV Inc. reported second-quarter 2026 revenue of $2.13 billion and net income of $112 million, or $0.31 per diluted share, the company said Tuesday.

The oilfield services company's results, released before the earnings call, reflect steady demand across its drilling and production segments. Revenue came in at $2.13 billion on a U.S. GAAP basis, while net income of $112 million translated to $0.31 per fully diluted share.

Management, including Chairman and CEO Jose Bayardo and CFO Rodney Reed, hosted the conference call at 11 a.m. Eastern. The call covered forward-looking statements and risk factors detailed in the company's latest SEC filings.

NOV's performance is closely tied to drilling activity and crude oil prices. The company operates across the oil and gas value chain, supplying equipment and technology for drilling, completion, and production.

Investors will watch for segment-level detail and any updated guidance when the full transcript becomes available. The company's next quarterly report is expected in October.