NOV Reports Q1 2026 Earnings with Revenue Decline and Geopolitical Impact
NOV reported Q1 2026 earnings with a 2% year-over-year revenue decline to $2.05 billion, attributed to the Middle East conflict and other factors. The company also noted a significant impact on margins from rising freight costs and tariff pressures, with net income at $19 million and adjusted EBITDA at $177 million.
Tickers: $NOV
Topics: book-to-bill ratio earnings EBITDA geopolitical impact operating profit revenue