Nov Inc's Suppliers recorded an increase in sales by 17.15 % year on year in Q3 2026, sequentially sales grew by 20.82 %, Nov Inc recorded an increase in cost of sales by 1.3 % year on year, sequentially cost of sales grew by 10.79 % in Q3.
Nov Inc's Suppliers recorded an increase in sales by 17.15 % year on year in Q3 2026, sequentially sales grew by 20.82 %, Nov Inc recorded increase in cost of sales by 1.3 % year on year, sequentially cost of sales grew by 10.79 % in Q3.
The Company sources materials and components from multiple suppliers and is influenced by commodity prices such as energy and steel, as well as tariffs, duties, and currency exchange rates. It has experienced fluctuating prices for milled steel and increasing prices for stainless alloy products. To address higher raw material costs, the Company applies surcharges and adjusts product prices. Increases in steel and other raw material prices, along with availability issues, may affect future operations. The Company monitors its backlog of orders, particularly in its Energy Equipment segment, with backlog values of $4.3 billion for 2025, $4.4 billion for 2024, and $4.1 billion for 2023. The Company employs a diverse workforce engaged in design, manufacturing, supply chain, and skilled trades to support its operations.
Nov Inc's Comment on Supply Chain
The Company sources materials and components from multiple suppliers and is influenced by commodity prices such as energy and steel, as well as tariffs, duties, and currency exchange rates. It has experienced fluctuating prices for milled steel and increasing prices for stainless alloy products. To address higher raw material costs, the Company applies surcharges and adjusts product prices. Increases in steel and other raw material prices, along with availability issues, may affect future operations. The Company monitors its backlog of orders, particularly in its Energy Equipment segment, with backlog values of $4.3 billion for 2025, $4.4 billion for 2024, and $4.1 billion for 2023. The Company employs a diverse workforce engaged in design, manufacturing, supply chain, and skilled trades to support its operations.
NOV's Suppliers Net Income grew by
NOV's Suppliers Net margin grew in Q3 to
145.86 %
8.34 %
NOV's Suppliers Net Income grew by 145.86 %
NOV's Suppliers Net margin grew in Q3 to 8.34 %
Nov Inc's Suppliers Sales Growth
in Q3 2026 by Industry
Sources:
Nov Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
For your research, we’ve provided nine additional tables on Nov Inc ’s suppliers.
You can find them in the navigation menu under Suppliers.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
2.04 % 