Nov Inc. (NOV) Reports Q3 Earnings: What Key Metrics Have to Say

By Zacks Equity Research | October 27, 2025, 7:30 PM

For the quarter ended September 2025, Nov Inc. (NOV) reported revenue of $2.18 billion, down 0.7% over the same period last year. EPS came in at $0.11, compared to $0.33 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.14 billion, representing a surprise of +1.83%. The company delivered an EPS surprise of -54.17%, with the consensus EPS estimate being $0.24.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Nov Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Energy Equipment - Backlog: $4.56 billion versus the four-analyst average estimate of $4.24 billion.
  • Energy Equipment - New orders booked: $951 million versus the four-analyst average estimate of $527.55 million.
  • Energy Equipment - Orders shipped from backlog: $674 million versus the four-analyst average estimate of $588.26 million.
  • Energy Equipment - Book-to-Bill: 141% versus the three-analyst average estimate of 90.2%.
  • Revenue- Energy Products and Services: $971 million versus the seven-analyst average estimate of $989.06 million. The reported number represents a year-over-year change of -3.2%.
  • Revenue- Eliminations: $-42 million versus $-40.52 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +35.5% change.
  • Revenue- Energy Equipment: $1.25 billion versus the seven-analyst average estimate of $1.19 billion. The reported number represents a year-over-year change of +2.3%.
  • Adjusted EBITDA- Eliminations and corporate costs: $-57 million versus the seven-analyst average estimate of $-53.84 million.
  • Adjusted EBITDA- Energy Equipment: $180 million versus $151 million estimated by seven analysts on average.
  • Adjusted EBITDA- Energy Products and Services: $135 million compared to the $138.53 million average estimate based on seven analysts.

View all Key Company Metrics for Nov Inc. here>>>

Shares of Nov Inc. have returned +2.7% over the past month versus the Zacks S&P 500 composite's +2.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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