NOV Inc. (NOV) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -26M | 573M | 352M | 191M | 135M | 591M | 359M | 432M | -78M | 377M | 40M | -72M | -202M | 154M | -106M | -124M | -103M | 36M | 105M | 177M |
| Operating CF Margin % | -1.27% | 25.16% | 16.18% | 8.73% | 6.42% | 25.61% | 16.39% | 19.49% | -3.62% | 16.09% | 1.83% | -3.44% | -10.3% | 7.43% | -5.61% | -7.18% | -6.65% | 2.37% | 7.83% | 12.49% |
| Operating CF Growth % | -119.26% | -3.05% | -1.95% | -55.79% | 273.08% | 56.76% | 797.5% | 700% | 61.39% | 144.81% | 137.74% | 41.94% | -96.12% | 327.78% | -200.95% | -170.06% | -281.48% | -80.65% | -67.49% | -53.17% |
| Net Income | 20M | -81M | 44M | 108M | 74M | 161M | 130M | 223M | 121M | 598M | 108M | 157M | 125M | 99M | 35M | 70M | -49M | -40M | -65M | -23M |
| Depreciation & Amortization | 92M | 90M | 89M | 87M | 89M | 88M | 86M | 86M | 83M | 77M | 77M | 71M | 77M | 76M | 76M | 75M | 74M | 75M | 75M | 77M |
| Stock-Based Compensation | 0 | 0 | 17M | 0 | 16M | 17M | 17M | 17M | 19M | 17M | 17M | 17M | 15M | 17M | 17M | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 54M | 25M | 0 | 37M | -4M | -23M | 51M | 25M | -487M | 1M | -1M | -2M | 11M | 0 | -10M | -3M | 9M | 9M | -6M |
| Other Non-Cash Items | -138M | 94M | 49M | 37M | 13M | 25M | 16M | -34M | -15M | -28M | -23M | -43M | -46M | -26M | 81M | 7M | 72M | 67M | 32M | 24M |
| Working Capital Changes | 0 | 416M | 128M | -41M | -94M | 304M | 133M | 89M | -311M | 200M | -140M | -273M | -371M | -23M | -315M | -266M | -197M | -75M | 54M | 105M |
| Change in Receivables | 0 | 148M | 109M | -93M | 39M | 188M | 38M | 35M | -6M | -77M | -97M | -189M | 9M | -121M | -150M | -167M | -129M | -26M | 46M | 48M |
| Change in Inventory | 0 | 74M | 41M | 3M | -21M | 189M | 19M | 82M | -20M | 118M | -86M | -172M | -221M | -50M | -166M | -131M | -133M | -41M | -6M | 36M |
| Change in Payables | 0 | 33M | -25M | 27M | -41M | 0 | 26M | -8M | -105M | -21M | -82M | 46M | 53M | 133M | 14M | 111M | 31M | 88M | -7M | 59M |
| Cash from Investing | -64M | -96M | -104M | -81M | -81M | -163M | -82M | 85M | -311M | -82M | -83M | -76M | -52M | -65M | -84M | -40M | -49M | -94M | -13M | -38M |
| Capital Expenditures | -65M | -101M | -107M | -83M | -84M | -118M | -82M | -82M | -69M | -76M | -74M | -76M | -57M | -66M | -59M | -43M | -46M | -64M | -39M | -49M |
| CapEx % of Revenue | 3.17% | 4.44% | 4.92% | 3.79% | 3.99% | 5.11% | 3.74% | 3.7% | 3.2% | 3.24% | 3.39% | 3.63% | 2.91% | 3.18% | 3.12% | 2.49% | 2.97% | 4.22% | 2.91% | 3.46% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -46M | -176M | 167M | -243M | -22M | 0 | 0 | 0 | -2M | 0 | 0 | 0 | -52M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1M | 5M | 3M | 2M | 3M | 1M | 176M | 0 | 1M | 16M | -9M | 0 | 5M | 3M | -25M | 3M | -3M | 22M | 26M | 11M |
| Cash from Financing | -115M | -133M | -118M | -198M | -135M | -171M | -122M | -156M | 43M | 3M | -33M | -32M | -41M | -24M | -20M | -16M | -36M | -17M | 10M | -179M |
| Debt Issued (Net) | 0 | 12M | -8M | -2M | -11M | -17M | -6M | -93M | 77M | -11M | -6M | -9M | -5M | -6M | 0 | 3M | -5M | -24M | 10M | -172M |
| Equity Issued (Net) | 0 | -85M | -80M | -69M | -81M | -112M | -80M | -37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -33M | -27M | -28M | -107M | -28M | -29M | -29M | -30M | -20M | -19M | -20M | -20M | -20M | -19M | -20M | -19M | -20M | -20M | 0 | 0 |
| Share Repurchases | 0 | -85M | -80M | -69M | -81M | -112M | -80M | -37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -82M | -33M | -2M | -20M | -15M | -13M | -7M | 4M | -14M | 33M | -7M | -3M | -16M | 1M | 0 | 0 | -11M | 27M | 0 | -7M |
| Net Change in Cash | -210M | 345M | 127M | -77M | -73M | 245M | 158M | 359M | -348M | 303M | -79M | -182M | -295M | 71M | -220M | -188M | -185M | -77M | 96M | -35M |
| Free Cash Flow | -91M | 472M | 245M | 108M | 51M | 473M | 277M | 350M | -147M | 301M | -34M | -148M | -259M | 88M | -165M | -167M | -149M | -28M | 66M | 128M |
| FCF Margin % | -4.43% | 20.73% | 11.26% | 4.94% | 2.43% | 20.49% | 12.64% | 15.79% | -6.82% | 12.85% | -1.56% | -7.07% | -13.2% | 4.25% | -8.73% | -9.67% | -9.63% | -1.85% | 4.92% | 9.03% |
| FCF Growth % | -278.43% | -0.21% | -11.55% | -69.14% | 134.69% | 57.14% | 914.71% | 336.49% | 43.24% | 242.05% | 79.39% | 11.38% | -73.83% | 414.29% | -350% | -230.47% | -96.05% | -121.05% | -75.91% | -60.25% |
| FCF per Share | -0.25 | 1.29 | 0.66 | 0.29 | 0.13 | 1.21 | 0.70 | 0.88 | -0.37 | 0.76 | -0.09 | -0.37 | -0.65 | 0.22 | -0.42 | -0.42 | -0.39 | -0.07 | 0.17 | 0.33 |
| FCF Conversion (FCF/Net Income) | -1.37x | -7.35x | 8.38x | 1.77x | 1.85x | 3.69x | 2.76x | 1.91x | -0.66x | 0.63x | 0.35x | -0.46x | -1.60x | 1.48x | -3.31x | -1.80x | 2.06x | -0.90x | -1.52x | -6.81x |
| Interest Paid | 0 | 38M | 5M | 38M | 4M | 38M | 3M | 39M | 6M | 40M | 4M | 37M | 4M | 36M | 1M | 34M | 4M | 0 | 3M | 36M |
| Taxes Paid | 0 | -73M | 93M | 71M | 15M | 37M | 47M | 49M | 28M | 31M | 31M | 32M | 20M | 26M | 12M | 68M | 11M | 0 | 0 | 0 |