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NOVA, Inc. NOV Energy Equipments — Goodwill Impairment

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Other financials

Income statement

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Revenue$2.1B-2.5%
Gross profit$521.0M+16.8%
Operating income$193.0M+35.0%
Net income$112.0M+3.7%
EPS (diluted)$0.31+6.9%

Balance sheet

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Cash & equivalents$1.2B+7.8%
Total debt$2.0B-2.0%
Total equity$6.2B-4.6%
Total assets$11.2B-1.4%

Cash flow

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Operating cash flow-$26.0M-119%
CapEx$81.0M-2.4%
Free cash flow-$64.0M-159%

Valuation

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Market cap$6.95B+56.5%
Enterprise value$7.82B+43.9%
P/E24.7×+13.4×
P/S0.8×+0.3×

Profitability

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Gross margin20.5%-0.6pp
Operating margin5.1%-2.8pp
Net margin4.4%-7.7pp
FCF margin6.5%-3.8pp

Returns & leverage

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Return on equity5.9%-12.0pp
Debt / equity0.3×0.0×
Current ratio2.4×-0.2×

Where this comes from

Reported directly by NOVA, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: NOVA, Inc.’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 2:04 PM EST
Fiscal year
FY2025
Accession
0001193125-26-048350
Line itemEnergy Products and ServicesEnergy EquipmentTotal
Goodwill acquired during period7070
Adjustment during the measurement period of assets acquired(2)(2)
Balance at December 31, 2024$814$816$1,630
Adjustment during the measurement period of assets acquired(11)(11)
Reclassification between segments(2)2
Impairment(40)(40)
Currency translation adjustments and other4(1)3
Balance at December 31, 2025 (1)$805$777$1,582

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is NOVA, Inc.'s energy equipments — goodwill impairment?
NOVA, Inc. (NOV) reported energy equipments — goodwill impairment of $10M in Q4 2025.
What does energy equipments — goodwill impairment mean?
The charge recognized when the carrying amount of goodwill in the energy equipment segment exceeds its implied fair value. This indicates a decline in the expected future economic benefits of previously acquired businesses or assets.

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