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NOVA, Inc. NOV Rental — Cost Of Revenue

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$1.53B-1.0%

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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:CostOfRevenue.

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 itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Cost of revenue
Sales4,8524,7594,798
Services1,5281,5431,367
Rental597558585
Total6,9776,8606,750
Gross profit1,7672,0101,833
Selling, general and administrative1,2031,1341,182
Goodwill and long-lived asset impairment70

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is NOVA, Inc.'s rental — cost of revenue?
NOVA, Inc. (NOV) reported rental — cost of revenue of $149.25M in Q4 2025.
How has NOVA, Inc.'s rental — cost of revenue changed year-over-year?
NOVA, Inc.'s rental — cost of revenue increased by 7.0% year-over-year, from $139.5M to $149.25M.
What is the long-term trend for NOVA, Inc.'s rental — cost of revenue?
Over 4 years (2021 to 2025), NOVA, Inc.'s rental — cost of revenue has grown at a 8.5% compound annual growth rate (CAGR), from $430M to $597M.
What does rental — cost of revenue mean?
This metric captures the direct costs associated with providing rental equipment and services, including maintenance, depreciation of rental assets, and direct labor costs. It reflects the operational efficiency and cost structure required to support the segment's revenue generation. Monitoring this figure is essential for evaluating the segment's gross margin performance and the effectiveness of asset utilization strategies.

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