NOV Inc. reported first quarter 2025 results, revealing revenues of $2.10 billion, a decline of two percent compared to the first quarter of 2024. Net income decreased by 39 percent to $73 million, or $0.19 per share. Despite the revenue drop, the company achieved a five percent increase in Adjusted EBITDA to $252 million, representing 12.0 percent of sales. NOV returned $109 million to shareholders through share repurchases and dividends during the quarter. The company faced macroeconomic challenges, including global trade tensions and a weakening economic outlook, but managed to enhance profitability and working capital efficiency. Looking ahead, NOV expects second quarter 2025 consolidated revenues to decrease by one to four percent year-over-year, with Adjusted EBITDA projected to range between $250 million and $280 million.