NOV Inc. reported second quarter 2026 revenues of $2.13 billion, up 4% sequentially and down 2% year-over-year, with net income of $112 million, or $0.31 per share. Adjusted EBITDA reached $283 million, an increase of $106 million sequentially and $31 million year-over-year, including a benefit of approximately $40 million related to tariff refunds. The company returned $127 million of capital to shareholders through share repurchases and dividends. Bookings for the quarter were $474 million, representing a book-to-bill of 74%. For the third quarter of 2026, management expects year-over-year consolidated revenues to be flat to up 2%, with Adjusted EBITDA between $240 million and $270 million.
NOV Inc.NOV reported net income of $112 million and adjusted EBITDA up $106 million sequentially, with share repurchases and dividends.
RTX Corporation