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News  ›  GlobeNewswire Inc.

NOV Reports Third Quarter 2025 Results and Appointment of Jose Bayardo to Board of Directors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Nov Inc.
NOV Reports Third Quarter 2025 Results and Appointment of Jose Bayardo to Board of Directors

NOV Inc. reported Q3 2025 revenues of $2.18 billion, a 1% decrease from 2024. Net income dropped 68% to $42 million, while bookings doubled with a 141% book-to-bill ratio. The company remains optimistic about offshore production and global natural gas development opportunities.

Insights
NOV   neutral

Despite revenue and net income decline, the company showed resilience through strong bookings, cash flow generation, and positive outlook for offshore and gas development markets