Quarterly Revenue Increase
NOV reported revenues of $2.2 billion for the second quarter of 2025, which is a 4% increase from the first quarter of 2025.
Energy Equipment Segment Success
The Energy Equipment segment achieved a 5% sequential revenue growth, marking its 12th consecutive quarter of year-over-year margin expansion.
Free Cash Flow Generation
The company generated free cash flow of $108 million, converting 83% of EBITDA to free cash flow over the last 12 months.
Share Repurchase and Dividend Payments
Repurchased 10.9 million shares for $150 million and paid $135 million in dividends year-to-date, returning $602 million to shareholders.
Expansion in Digital Automation Platform
The company's digital automation platform is delivering measurable efficiency gains, with 220 NOVOS systems sold and 134 commissioned.