NOV's Growth Comparisons in I. Quarter 2026
Although the Miscellaneous Fabricated Products industry saw advancing Revenue by 14.29%, Nov Inc announced -2.43% year on year sales decline in the first quarter 2026, to $ 2.05 billions, and underperformed the 7.16% Revenue growth in the Basic Materials sector. Comparing the first quarter, sales Nov Inc was trailing overall market not just Miscellaneous Fabricated Products industry.
Top-line fell by -9.88% from the fourth quarter. Average annual sales growth for Nov Inc is 7.5%, while S & P 500's average yearly sales increase is 10.59%, including only Businesses with the first quarter 2026 financial results.
| Segment Name |
Y / Y |
Sequential |
| Energy Products and Services |
|
-46.17 % |
- |
| Energy Equipment |
|
3.84 % |
- |
| Eliminations and Corporate Costs |
|
- |
- |
| InterEliminations |
|
- |
- |
| Continental InterRevenue Energy Products and Services |
|
14.29 % |
- |
| Continental InterRevenue Energy Equipment |
|
-21.43 % |
- |
| Continental InterRevenue InterEliminations |
|
- |
- |
| Continental North America |
|
-7.02 % |
- |
| Continental North America Energy Products and Services |
|
-5.99 % |
- |
| Continental North America Energy Equipment |
|
-9.2 % |
- |
| Continental International |
|
0.46 % |
- |
| Continental International Energy Products and Services |
|
-15.48 % |
- |
| Continental International Energy Equipment |
|
8.15 % |
- |
| Land and Offshore InterRevenue Energy Products and Services |
|
14.29 % |
- |
| Land and Offshore InterRevenue Energy Equipment |
|
-21.43 % |
- |
| Land and Offshore InterRevenue InterEliminations |
|
- |
- |
| Land and Offshore Land Destination |
|
-11.68 % |
- |
| Land and Offshore Land Destination Energy Products and Services |
|
-10.86 % |
- |
| Land and Offshore Land Destination Energy Equipment |
|
-13.22 % |
- |
| Land and Offshore Offshore Destination |
|
8.87 % |
- |
| Land and Offshore Offshore Destination Energy Products and Services |
|
-7.41 % |
- |
| Land and Offshore Offshore Destination Energy Equipment |
|
13.68 % |
- |
| Energy Products and Services Services and Rental |
|
-6.71 % |
- |
| Energy Products and Services Capital Equipment |
|
-12.5 % |
- |
| Energy Products and Services Product Sales |
|
-15.91 % |
- |
| Energy Products and Services InterRevenue |
|
14.29 % |
- |
| Energy Equipment Capital Equipment |
|
16.38 % |
- |
| Energy Equipment Aftermarket |
|
-11.81 % |
- |
| Energy Equipment InterRevenue |
|
-21.43 % |
- |
| Total |
|
-2.43 % |
- |
| Energy Equipments |
|
- |
- |
| Member |
|
- |
- |
| North America |
|
- |
- |
| Continental |
|
- |
- |
| Intersegment Revenue |
|
- |
- |
| Intersegment Elimination |
|
- |
- |
| Land Destination |
|
- |
- |
| Offshore Destination |
|
- |
- |
| Product Sales |
|
- |
- |
As Nov Inc 's income per share faded by -73.68% year on year in the first quarter, Miscellaneous Fabricated Products industry grew by 15.22%, Nov Inc 's first quarter performance was trailing Miscellaneous Fabricated Products, and underperformed the 96.74% EPS rise in the Basic Materials sector. Basic Materials sector grew above market average, while Miscellaneous Fabricated Products industry and Nov Inc results underperformed, in the first quarter.
the bottom-line fell by -9.88% from the fourth quarter. Average annual income per share growth for Nov Inc is 7.5%, while S & P 500's average yearly income per share increase is 22.96%, including only Businesses with the first quarter 2026 earnings.