Related-Party Transactions and Parties of Interest Transactions	12 Months Ended
Dec. 31, 2025
EBP 001
EBP, Related Party and Party-in-Interest Transactions [Line Items]
Related-Party Transactions and Parties of Interest Transactions	6. Related Party Transactions and Parties-of-Interest Transactions Certain investments of the Plan are provided through Principal, the trustee of the Plan; therefore, these transactions qualify as party-in-interest transactions. Additionally, a portion of the Plan’s assets are invested in the Company’s common stock. Because the Company is the plan sponsor, transactions involving the Company’s common stock qualify as party-in-interest transactions. All of these transactions are exempt from the prohibited transactions rules under ERISA.

Common Collective Trusts	12 Months Ended
Dec. 31, 2025
EBP 001
Employee Benefit Plan Common Collective Trusts [Line Items]
Common Collective Trusts	5. Common Collective Trusts The State Street U.S. Bond Index fund is a common collective trust fund which invests primarily in government Treasury securities, corporate bonds, mortgage-backed securities (MBS), asset-backed securities (ABS), and municipal bonds to simulate the universe of bonds in the market. There are currently no redemption restrictions on this investment. The SEI Trust Company Short Term Investment Fund II is a common collective trust fund which invests primarily in short term fixed income securities, which is a direct filing entity with the U.S. Department of Labor. There are currently no redemption restrictions on this investment. Fidelity Management & Research – FIAM International is a common collective trust fund that invests primarily in non-U.S. equities. There are currently no redemption restrictions on this investment. Great Gray Collective Investment Trust (CIT) is a common collective trust fund which invests primarily in fixed income, equity-income and balanced funds. There are currently no redemption restrictions on this investment. The Spartan Mid Cap Index Pool is a common collective trust fund, operated and maintained by Geode Capital Management, which invests in stocks of mid-capitalized United State companies. There are currently no redemption restrictions on this investment. The Spartan Small Cap Index Pool is a common collective trust fund, operated and maintained by Geode Capital Management, which seeks to replicate the performance and overall characteristics, before fees and expenses, of the Russell 2000 Index in a risk-controlled and cost-effective way. There are currently no redemption restrictions on this investment. The Spartan Total International Index Pool is a common collective trust fund, operated and maintained by Geode Capital Management, which seeks to replicate the performance and overall characteristics, before fees and expenses, of the MSCI ACWI (All Country World Index) ex USA Investable Market Index in a risk-managed and cost-effective way. There are currently no redemption restrictions on this investment. The JP Morgan Large Cap Growth Fund is a common collective trust fund which invests primarily in equity securities of large, well-established companies. There are currently no redemption restrictions on this investment.

Schedule of Assets (Tables)

12 Months Ended

Dec. 31, 2025

EBP, Schedule of Asset Held for Investment [Line Items]

Schedule of Assets (Held at End of Year)

Schedule H, Line 4(i) – Schedule of Assets (Held at End of Year)

December 31, 2025


Identity of Issue, Borrower, Lessor, or Similar Party	Description of Investment	Current Value
*National Oilwell Varco, Inc.	801,550 shares of common stock	$	12,528,240
BlackRock	BlackRock High Yield Bond Portfolio		8,567,523
Van Kampen Funds	Invesco Growth & Income Fund		59,313,502
Frost Funds	Frost Total Return Bond Fund		54,417,791
Vanguard	Vanguard Inflation Protected Securities Fund		10,401,856
Vanguard	Vanguard Small Cap Growth Index Fund		46,243,032
Vanguard	Vanguard Institutional Index Fund		211,252,526
Fidelity	FIAM International Capital Appreciation Class B CIT		53,575
Fidelity	Fidelity International Bond Index Fund		3,029,735
JP Morgan	Undiscovered Managers Behavioral Value Fund		18,138,222
State Street	State Street U.S. Bond Index Fund		4,935,918
Dimensional Funds	DFA International Value		47,680,282
Dimensional Funds	DFA Global Real Estate Securities		3,790,933
SEI Trust Company	Galliard Intermediate Core Fund A		48,706,237
SEI Trust Company	Galliard Intermediate Core Fund L		48,214,841
SEI Trust Company	Galliard Short Core Fund F		59,263,889
SEI Trust Company	Short Term Investment Fund II		3,745,940
Great Gray Trust Company	Great Gray CIT 2010 Target Date Trust		6,100,666
Great Gray Trust Company	Great Gray CIT 2015 Target Date Trust		2,477,276
Great Gray Trust Company	Great Gray CIT 2020 Target Date Trust		28,602,573
Great Gray Trust Company	Great Gray CIT 2025 Target Date Trust		36,294,437
Great Gray Trust Company	Great Gray CIT 2030 Target Date Trust		147,220,776
Great Gray Trust Company	Great Gray CIT 2035 Target Date Trust		86,372,765
Great Gray Trust Company	Great Gray CIT 2040 Target Date Trust		169,455,728
Great Gray Trust Company	Great Gray CIT 2045 Target Date Trust		91,103,692
Great Gray Trust Company	Great Gray CIT 2050 Target Date Trust		156,716,757
Great Gray Trust Company	Great Gray CIT 2055 Target Date Trust		72,528,752
Great Gray Trust Company	Great Gray CIT 2060 Target Date Trust		33,228,801
Great Gray Trust Company	Great Gray CIT 2065 Target Date Trust		15,017,348
Great Gray Trust Company	Great Gray CIT 2070 Target Date Trust		332,678
Geode Capital Management	GEODE Capital Management - Spartan Mid Cap		82,115,130
Geode Capital Management	GEODE Capital Management - Spartan Small Cap		6,436,272
Geode Capital Management	GEODE Capital Management - Spartan Total Intl		17,908,339
JP Morgan	JPMCB Large Cap Growth		183,171,154
Various	Self-directed brokerage accounts		40,157,550
*Notes Receivable from Participants	Various maturities and interest rates ranging from 3.25% to 9.50%		34,688,598
		$	1,850,213,334

* Party-in-interest.

Income Tax Status	12 Months Ended
Dec. 31, 2025
EBP 001
EBP, Tax Status [Line Items]
Income Tax Status	7. Income Tax Status Effective January 1, 2023, the Plan adopted a nonstandardized prototype defined contribution profit sharing plan with Internal Revenue Code Section 401(k) Cash or Deferred Arrangement (CODA) which received a favorable opinion letter from the IRS dated June 30, 2020. The Plan has been amended since the date of the last amendment covered by the above mentioned determination letter. However, Plan management believes that the plan is currently designed and being operated in compliance with the applicable requirements of the Internal Revenue Code. U.S. generally accepted accounting principles requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Fully Benefit-Responsive Investment Contracts (Details) - EBP 001	12 Months Ended
Dec. 31, 2025
EBP, Fully Benefit-Responsive Investment Contract [Line Items]
Fully benefit-responsive investment contract, description	Fully benefit-responsive investment contracts held by a defined contribution plan are required to be reported at contract value, as this represents the amount participants would receive in permitted transactions under the Plan. The contract value represents contributions plus earnings, less participant withdrawals and administrative expenses.The Plan’s investments covered by the wrapper contracts earn interest at interest crediting rates that are typically reset on a monthly or quarterly basis. These rates use a formula that is based on the characteristics of the underlying fixed income portfolio.
Limitation on transacting at contract value, description	Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value. Certain events limit the ability of the Plan to transact at contract value with the issuer. Such events include the following: (i) amendments to the Plan documents (including complete or partial Plan termination or merger with another plan), (ii) changes to the Plan’s prohibition on competing investment options or deletion of equity wash provisions, or (iii) bankruptcy of the Plan sponsor or other Plan sponsor events (e.g., divestitures or spin-offs of the trust to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA).
EBP, Fully Benefit-Responsive Investment Contract, Limitation on Transacting at Contract Value, Not Probable [true false]	true
Contract termination description	In some cases, an investment contract issuer may terminate a contract with the Plan and settle at amounts different from the contract value. Examples of these events include the Plan’s loss of its qualified status, material breaches of responsibilities that are not cured, or material and adverse changes to the provisions of the Plan. If one of these events were to occur, the investment contract issuer could terminate the contract at the market value of the underlying investments.

Fair Value Measurements - Schedule of Plan's Assets Carried at Fair Value by Level within Fair Value Hierarchy (Details) - EBP 001 - USD ($)	Dec. 31, 2025	Dec. 31, 2024
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	$ 1,659,339,769	$ 1,448,144,381
Corporate Stock
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	12,528,240	13,233,755
Corporate Stock \| Level 1
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	12,528,240	13,233,755
Mutual Funds
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	462,835,402	375,513,146
Mutual Funds \| Level 1
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	462,835,402	375,513,146
Self-directed Brokerage Accounts
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	40,157,550	28,542,463
Self-directed Brokerage Accounts \| Level 1
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	40,157,550	28,542,463
Investments Excluding Common Collective Trust Funds
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	515,521,192	417,289,364
Investments Excluding Common Collective Trust Funds \| Level 1
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	515,521,192	417,289,364
Common Collective Trust Funds \| Investments Measured at Net Asset Value
EBP, Investment, Fair Value and NAV [Line Items]
Total investments, at fair value	$ 1,143,818,577	$ 1,030,855,017

Schedule of Assets - Schedule of Assets (Held at End of Year) (Details) - EBP 001	12 Months Ended
	Dec. 31, 2025 USD ($) shares
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Plan Name	NOV Inc. 401(k) Plan
Entity Tax Identification Number	76-0475815
EBP, Plan Number	001
EBP, Asset Held for Investment, Total	$ 1,850,213,334
Investment, Identifier [Axis]: BlackRock BlackRock High Yield Bond Portfolio
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	BlackRock [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 8,567,523
Investment, Identifier [Axis]: Dimensional Funds DFA Global Real Estate Securities
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Dimensional Funds [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	us-gaap:DefinedBenefitPlanRealEstateMember
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 3,790,933
Investment, Identifier [Axis]: Dimensional Funds DFA International Value
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Dimensional Funds [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	us-gaap:DefinedBenefitPlanRealEstateMember
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 47,680,282
Investment, Identifier [Axis]: Fidelity FIAM International Capital Appreciation Class B CIT
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Fidelity [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 53,575
Investment, Identifier [Axis]: Fidelity Fidelity International Bond Index Fund
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Fidelity [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 3,029,735
Investment, Identifier [Axis]: Frost Funds Frost Total Return Bond Fund
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Frost Funds [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 54,417,791
Investment, Identifier [Axis]: Geode Capital Management GEODE Capital Management - Spartan Mid Cap
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Geode Capital Management [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 82,115,130
Investment, Identifier [Axis]: Geode Capital Management GEODE Capital Management - Spartan Small Cap
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Geode Capital Management [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 6,436,272
Investment, Identifier [Axis]: Geode Capital Management GEODE Capital Management - Spartan Total Intl
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Geode Capital Management [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 17,908,339
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2010 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 6,100,666
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2015 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 2,477,276
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2020 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 28,602,573
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2025 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 36,294,437
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2030 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 147,220,776
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2035 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 86,372,765
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2040 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 169,455,728
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2045 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 91,103,692
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2050 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 156,716,757
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2055 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 72,528,752
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2060 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 33,228,801
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2065 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 15,017,348
Investment, Identifier [Axis]: Great Gray Trust Company Great Gray CIT 2070 Target Date Trust
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Great Gray Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Common Collective Trust [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 332,678
Investment, Identifier [Axis]: JP Morgan JPMCB Large Cap Growth
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	JP Morgan [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 183,171,154
Investment, Identifier [Axis]: JP Morgan Undiscovered Managers Behavioral Value Fund
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	JP Morgan [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 18,138,222
Investment, Identifier [Axis]: National Oilwell Varco, Inc. 801,550 shares of common stock
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	National Oilwell Varco Inc [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	us-gaap-ebp:EmployeeBenefitPlanEmployerCommonStockMember
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 12,528,240
EBP, Investment, Number of Shares \| shares	801,550
Investment, Identifier [Axis]: Notes Receivable from Participants Various maturities and interest rates ranging from 3.25% to 9.50%
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Notes Receivable From Participants [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	us-gaap:SeniorNotesMember
EBP, Asset Held for Investment, Participant Loan, after Deemed Distribution	$ 34,688,598
Investment, Identifier [Axis]: SEI Trust Company Galliard Intermediate Core Fund A
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	SEI Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	us-gaap:FixedIncomeFundsMember
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 48,706,237
Investment, Identifier [Axis]: SEI Trust Company Galliard Intermediate Core Fund L
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	SEI Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	us-gaap:FixedIncomeFundsMember
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 48,214,841
Investment, Identifier [Axis]: SEI Trust Company Galliard Short Core Fund F
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	SEI Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	us-gaap:FixedIncomeFundsMember
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 59,263,889
Investment, Identifier [Axis]: SEI Trust Company Short Term Investment Fund II
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	SEI Trust Company [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 3,745,940
Investment, Identifier [Axis]: State Street State Street U.S. Bond Index Fund
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	State Street [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 4,935,918
Investment, Identifier [Axis]: Van Kampen Funds Invesco Growth & Income Fund
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Van Kampen Funds [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 59,313,502
Investment, Identifier [Axis]: Vanguard Vanguard Inflation Protected Securities Fund
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Vanguard [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 10,401,856
Investment, Identifier [Axis]: Vanguard Vanguard Institutional Index Fund
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Vanguard [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 211,252,526
Investment, Identifier [Axis]: Vanguard Vanguard Small Cap Growth Index Fund
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Vanguard [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	Mutual Fund [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 46,243,032
Investment, Identifier [Axis]: Various Self-directed brokerage accounts
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Investment, Issuer Name [Extensible Enumeration]	Various [Member]
EBP, Investment, Current Value, Type [Extensible Enumeration]	EBP, Self-Directed Brokerage Account [Member]
EBP, Asset Held for Investment, Investment, Excluding Plan Interest in Master Trust, Current Value	$ 40,157,550
Minimum [Member] \| Investment, Identifier [Axis]: Notes Receivable from Participants Various maturities and interest rates ranging from 3.25% to 9.50%
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Asset Held for Investment, Participant Loan, Interest Rate	3.25%
Maximum [Member] \| Investment, Identifier [Axis]: Notes Receivable from Participants Various maturities and interest rates ranging from 3.25% to 9.50%
EBP, Schedule of Asset Held for Investment [Line Items]
EBP, Asset Held for Investment, Participant Loan, Interest Rate	9.50%

Summary of Accounting Policies (Policies) - EBP 001	12 Months Ended
Summary of Accounting Policies (Policies) - EBP 001	Dec. 31, 2025
EBP, Accounting Policy [Line Items]
Basis of Accounting	Basis of Accounting The accompanying financial statements of the Plan have been prepared on the accrual basis of accounting. Benefit payments to participants are recorded upon distribution.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates that affect the amounts reported in the financial statements, accompanying notes, and supplemental schedule. Actual results could differ from those estimates.
Contributions	Contributions Contributions from Plan participants and the matching contributions from the Company are recorded in the year in which the employee contributions are withheld from compensation.
Investment Valuation and Income Recognition	Investment Valuation and Income Recognition Investments held by the Plan, except for fully benefit-responsive investment contracts, are stated at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). See Note 3 for further discussion of fair value measurements. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded as earned. Dividends are recorded on the record date. Net appreciation includes the Plan’s gains and losses on investments bought and sold as well as held during the year.
Risks and Uncertainties	Risks and Uncertainties The Plan provides for investments in a variety of securities that are subject to risks, including interest rate risk, credit risk, and overall market volatility. Market values of these investments may decline for several reasons, including changes in market and interest rates, increased default rates, or credit rating downgrades. Given the level of risk associated with certain investment securities, it is reasonably possible that changes in their values could occur in the near term and may materially affect the amounts reported in the statements of net assets available for benefits and participant account balances.
Plan Management's Review of Subsequent Events	Plan Management’s Review of Subsequent Events The Plan has evaluated subsequent events through June 22, 2026, the date the financial statements were available to be issued.

- Definition

Disclosure of accounting policy for use of estimate in preparation of financial statement of employee stock purchase, saving, or similar plan (employee benefit plan (EBP)).

+ References + Details

Statements of Net Assets Available for Benefits - EBP 001 - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Receivables:
Notes receivable from participants	$ 34,688,598	$ 32,310,246
Total receivables	34,688,598	32,310,246
Investments, at fair value	1,659,339,769	1,448,144,381
Fully benefit-responsive investment contracts at contract value	156,184,967	166,191,794
Total assets	1,850,213,334	1,646,646,421
Liabilities
Other	135,846	323,304
Total liabilities	135,846	323,304
Net assets available for benefits	$ 1,850,077,488	$ 1,646,323,117

Description of Plan	12 Months Ended
Description of Plan	Dec. 31, 2025
EBP 001
EBP, Description of Plan [Line Items]
Description of Plan	1. Description of Plan The following description of the NOV Inc. 401(k) Plan (the “Plan”) is provided for general information only. Participants should refer to the Summary Plan Description for a more complete description of the Plan’s provisions, a copy of which is available from NOV Inc. (the “Company” or “Plan Sponsor”). General The Plan was established effective April 1, 1987, for the benefit of the Company’s employees. It is a multiple-employer defined contribution plan that covers substantially all domestic employees who have completed at least one hour of service. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA). Effective April 1, 2025, the Company completed the merger of the 401(k) retirement plans previously maintained by Keystone Tower Systems, Inc. and Extract Companies, LLC, both of which were acquired in 2024, into the Plan. These mergers were executed to streamline plan administration and unify retirement benefits across the organization. As of the merger dates, all participant account balances and associated plan assets were transferred into the Plan, totaling approximately $9 million, of which approximately $1 million related to Keystone and $8 million related to Extract. The merger is reflected as a transfer into the Plan in the statement of changes in net assets available for benefits for the year ended December 31, 2025. Contributions Participants may make both pretax and after-tax contributions to the Plan. Pretax salary deferral contributions may range from 1% to 75% (less any after-tax contributions, required withholdings, or other elected deductions) of compensation, subject to certain Internal Revenue Service (IRS) limitations. Participants may also designate their salary deferral contributions as Roth contributions. After-tax contributions may range from 1% to 18% of eligible compensation. However, the total of all pretax and after-tax contributions, required withholdings, and other elected deductions cannot exceed 100% of eligible compensation. The Plan provides for the automatic enrollment and payroll deduction of 5% of a newly eligible employee’s compensation as soon as practical following 60 days after employment for most participants, except for certain employees covered by a collective bargaining agreement who may have a different percentage based on their collective bargaining agreement. Participants age 50 and older may contribute additional pre-tax catch-up contributions, subject to IRS guidelines. The Company may also make a discretionary contribution to the Plan. There were no discretionary contributions made for the year ended December 31, 2025. Vesting Participants are immediately 100% vested in their participant and employer contributions and the related earnings that have been credited to their accounts, except for certain employees covered by a collective bargaining agreement who may have a different vesting based on their collective bargaining agreement. Benefit Payments The Plan pays lump-sum benefits upon retirement, disability, death, or termination of employment. In-service withdrawals, subject to certain rules and restrictions, may also be made from certain account balances. Notes Receivable from Participants The Plan includes a loan provision that permits participants to borrow a minimum of $1,000 up to the lesser of $50,000 or 50% of the total value of their Plan assets. The loans are payable in principal installments, plus interest, at prime plus one percent through payroll deductions and are due in one- to five-year terms, unless the loan is used to acquire a principal residence, in which case the loan term cannot exceed ten years. Repayments are made ratably through payroll deductions. Participant loans are recorded in the financial statements as notes receivable from participants at their unpaid principal balance plus any accrued but unpaid interest. Interest income on notes receivable from participants is recorded when it is earned. Related fees are recorded as administrative expenses and are expensed when they are incurred. No allowance for credit losses was recorded as of December 31, 2025 or 2024. If a participant ceases to make loan repayments and the plan administrator deems the participant loan to be a distribution, the participant loan balance is reduced and a benefit payment is recorded. Administrative Expenses Certain administrative expenses are paid from the Plan’s assets. All other Plan expenses are paid by the Company. Plan Termination Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In any event, participants remain 100% vested in their accounts. Upon termination, Plan assets would be distributed to participants as prescribed by ERISA.

Description of Plan (Details) - EBP 001 - USD ($)	12 Months Ended
Description of Plan (Details) - EBP 001 - USD ($)	Dec. 31, 2025	Dec. 31, 2024
EBP, Description of Plan [Line Items]
Employee benefit plan, effective date	Apr. 01, 1987
Employee benefit plan, participant account balances and associated plan assets	$ 9,000,000
Maximum aggregate compensation, percentage	100.00%
Automatic enrollment and payroll deduction rate	5.00%
Participant contribution, period after enrolment for eligible compensation	60 days
Employer discretionary contributions made	$ 0
Employee benefit plan, participant contribution, annual vesting percentage	100.00%
Note receivable from participants, minimum borrowing amount	$ 1,000
Note receivable from participants, maximum borrowing amount	$ 50,000
Note receivable from participants, maximum borrowing percentage of total value of plan assets	50.00%
Participant loan, basis spread on variable rate	1.00%
Note receivable from participants, loan minimum borrowing term	1 year
Note receivable from participants, loan maximum borrowing term	5 years
Note receivable from participants, allowance for credit losses	$ 0	$ 0
Keystone
EBP, Description of Plan [Line Items]
Employee benefit plan, participant account balances and associated plan assets	1,000,000
Extract
EBP, Description of Plan [Line Items]
Employee benefit plan, participant account balances and associated plan assets	$ 8,000,000
Minimum
EBP, Description of Plan [Line Items]
Employee benefit plan participant contribution after-tax minimum annual compensation to total compensation percentage	1.00%
Employee benefit plan participant contribution after-tax minimum annual compensation to aggregate compensation percentage	1.00%
Maximum
EBP, Description of Plan [Line Items]
Employee benefit plan participant contribution after-tax minimum annual compensation to total compensation percentage	75.00%
Employee benefit plan participant contribution after-tax minimum annual compensation to aggregate compensation percentage	18.00%

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

EBP 001

EBP, Investment, Fair Value and NAV [Line Items]

Schedule of Plan's Assets Carried at Fair Value by Level within Fair Value Hierarchy

The following tables set forth, by level within the fair value hierarchy, the Plan’s assets carried at fair value:


	Assets at Fair Value as of December 31, 2025				Assets at Fair Value as of December 31, 2024
	Level 1		Total		Level 1		Total
Corporate stock	$	12,528,240	$	12,528,240	$	13,233,755	$	13,233,755
Mutual funds		462,835,402		462,835,402		375,513,146		375,513,146
Self-directed brokerage accounts		40,157,550		40,157,550		28,542,463		28,542,463
Total assets in the fair value hierarchy		515,521,192		515,521,192		417,289,364		417,289,364
Investments measured at net asset value:
Common collective trust funds				1,143,818,577				1,030,855,017
Total investments, at fair value			$	1,659,339,769			$	1,448,144,381

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

- Definition

Tabular disclosure of fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Schedule of Assets

12 Months Ended

Dec. 31, 2025

EBP 001

EBP, Schedule of Asset Held for Investment [Line Items]

Schedule of Assets

NOV Inc. 401(k) Plan

Plan No. 001 EIN 76-0475815

Schedule H, Line 4(i) – Schedule of Assets (Held at End of Year)

December 31, 2025


Identity of Issue, Borrower, Lessor, or Similar Party	Description of Investment	Current Value
*National Oilwell Varco, Inc.	801,550 shares of common stock	$	12,528,240
BlackRock	BlackRock High Yield Bond Portfolio		8,567,523
Van Kampen Funds	Invesco Growth & Income Fund		59,313,502
Frost Funds	Frost Total Return Bond Fund		54,417,791
Vanguard	Vanguard Inflation Protected Securities Fund		10,401,856
Vanguard	Vanguard Small Cap Growth Index Fund		46,243,032
Vanguard	Vanguard Institutional Index Fund		211,252,526
Fidelity	FIAM International Capital Appreciation Class B CIT		53,575
Fidelity	Fidelity International Bond Index Fund		3,029,735
JP Morgan	Undiscovered Managers Behavioral Value Fund		18,138,222
State Street	State Street U.S. Bond Index Fund		4,935,918
Dimensional Funds	DFA International Value		47,680,282
Dimensional Funds	DFA Global Real Estate Securities		3,790,933
SEI Trust Company	Galliard Intermediate Core Fund A		48,706,237
SEI Trust Company	Galliard Intermediate Core Fund L		48,214,841
SEI Trust Company	Galliard Short Core Fund F		59,263,889
SEI Trust Company	Short Term Investment Fund II		3,745,940
Great Gray Trust Company	Great Gray CIT 2010 Target Date Trust		6,100,666
Great Gray Trust Company	Great Gray CIT 2015 Target Date Trust		2,477,276
Great Gray Trust Company	Great Gray CIT 2020 Target Date Trust		28,602,573
Great Gray Trust Company	Great Gray CIT 2025 Target Date Trust		36,294,437
Great Gray Trust Company	Great Gray CIT 2030 Target Date Trust		147,220,776
Great Gray Trust Company	Great Gray CIT 2035 Target Date Trust		86,372,765
Great Gray Trust Company	Great Gray CIT 2040 Target Date Trust		169,455,728
Great Gray Trust Company	Great Gray CIT 2045 Target Date Trust		91,103,692
Great Gray Trust Company	Great Gray CIT 2050 Target Date Trust		156,716,757
Great Gray Trust Company	Great Gray CIT 2055 Target Date Trust		72,528,752
Great Gray Trust Company	Great Gray CIT 2060 Target Date Trust		33,228,801
Great Gray Trust Company	Great Gray CIT 2065 Target Date Trust		15,017,348
Great Gray Trust Company	Great Gray CIT 2070 Target Date Trust		332,678
Geode Capital Management	GEODE Capital Management - Spartan Mid Cap		82,115,130
Geode Capital Management	GEODE Capital Management - Spartan Small Cap		6,436,272
Geode Capital Management	GEODE Capital Management - Spartan Total Intl		17,908,339
JP Morgan	JPMCB Large Cap Growth		183,171,154
Various	Self-directed brokerage accounts		40,157,550
*Notes Receivable from Participants	Various maturities and interest rates ranging from 3.25% to 9.50%		34,688,598
		$	1,850,213,334

* Party-in-interest.

Fair Value Measurements

12 Months Ended

Dec. 31, 2025

EBP 001

EBP, Investment, Fair Value and NAV [Line Items]

Fair Value Measurements

3. Fair Value Measurements

The fair value framework establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1 – Unadjusted quoted prices in active markets that are accessible to the reporting entity at the measurement date for identical assets and liabilities.

Level 2 – Inputs other than quoted prices in active markets for identical assets and liabilities that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs include the following:

•

quoted prices for similar assets and liabilities in active markets;

•

quoted prices for identical or similar assets or liabilities in markets that are not active;

•

observable inputs other than quoted prices that are used in the valuation of the asset or liabilities (e.g., interest rate and yield curve quotes at commonly quoted intervals); and

•

inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3 – Unobservable inputs for the asset or liability (i.e., supported by little or no market activity). Level 3 inputs include management’s own assumption about the assumptions that market participants would use in pricing the asset or liability (including assumptions about risk).

The level in the fair value hierarchy within which the fair value measurement is classified is determined based on the lowest level input that is significant to the fair value measure in its entirety.

Following is a description of the valuation techniques and inputs used for each general type of assets measured at fair value by the Plan:

Self-directed brokerage accounts: Accounts primarily consist of cash, money market funds, mutual funds and common stocks that are valued on the basis of readily determinable market prices.

Common stocks: Valued at the closing price reported on the active market on which the individual securities are traded.

Mutual funds: Valued at the net asset value (NAV) of shares held by the Plan at year-end.

Common collective trust funds: Valued at the NAV of shares held by the Plan at year-end. The NAV, as provided by the trustee, is used as a practical expedient to estimate fair value. The NAV is based on the fair value of the underlying investments held by the fund.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The following tables set forth, by level within the fair value hierarchy, the Plan’s assets carried at fair value:


	Assets at Fair Value as of December 31, 2025				Assets at Fair Value as of December 31, 2024
	Level 1		Total		Level 1		Total
Corporate stock	$	12,528,240	$	12,528,240	$	13,233,755	$	13,233,755
Mutual funds		462,835,402		462,835,402		375,513,146		375,513,146
Self-directed brokerage accounts		40,157,550		40,157,550		28,542,463		28,542,463
Total assets in the fair value hierarchy		515,521,192		515,521,192		417,289,364		417,289,364
Investments measured at net asset value:
Common collective trust funds				1,143,818,577				1,030,855,017
Total investments, at fair value			$	1,659,339,769			$	1,448,144,381

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

- Definition

The entire disclosure for fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 325
-Name Accounting Standards Codification
-Section 45
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477509/962-325-45-6

Reference 13: http://www.xbrl.org/2003/role/recommendedDisclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 23
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-23

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-04(3)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-02(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 962
-SubTopic 205
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6A-04(2)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477804/962-205-S99-1

+ Details

Statement of Changes in Net Assets Available for Benefits - EBP 001	12 Months Ended
	Dec. 31, 2025 USD ($)
Additions:
Employer contributions	$ 43,300,434
Participant contributions	72,774,988
Participant rollovers	9,338,096
Investment income	20,836,078
Net appreciation in fair value of investments	218,897,965
Interest income on notes receivable from participants	2,855,157
Total additions	368,002,718
Deductions:
Benefits paid to participants	172,314,248
Deemed loan distributions	57,515
Corrective distributions	43,881
Administrative expenses	1,234,912
Total deductions	173,650,556
Net increase before transfers	194,352,162
Other changes in net assets:
Transfers from qualified plans	9,402,209
Total other changes in net assets	9,402,209
Net increase after transfers	203,754,371
Net assets available for benefits at:
Beginning of year	1,646,323,117
End of year	$ 1,850,077,488

Document and Entity Information	12 Months Ended
Document and Entity Information	Dec. 31, 2025
Document Information [Line Items]
Document Type	11-K
Amendment Flag	false
Entity Registrant Name	NOV Inc.
Entity Central Index Key	0001021860
EBP 001
Document Information [Line Items]
Document Type	11-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2025
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	FY
EBP, Plan Name	NOV Inc. 401(k) Plan
Entity Registrant Name	NOV Inc.
Entity Central Index Key	0001021860

Income Tax Status (Details) - EBP 001	12 Months Ended
Income Tax Status (Details) - EBP 001	Dec. 31, 2025
EBP, Tax Status [Line Items]
EBP, Tax Determination Letter, Obtained [true false]	true
Tax determination letter, date	Jun. 30, 2020

Schedule - Schedule of Delinquent Participant Contributions (Details) - EBP 001	12 Months Ended
	Dec. 31, 2025
EBP, Schedule of Delinquent Participant Contribution [Line Items]
EBP, Plan Name	NOV Inc. 401(k) Plan
Entity Tax Identification Number	76-0475815
EBP, Plan Number	001

Summary of Accounting Policies	12 Months Ended
Summary of Accounting Policies	Dec. 31, 2025
EBP 001
EBP, Accounting Policy [Line Items]
Summary of Accounting Policies	2. Summary of Accounting Policies Basis of Accounting The accompanying financial statements of the Plan have been prepared on the accrual basis of accounting. Benefit payments to participants are recorded upon distribution. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates that affect the amounts reported in the financial statements, accompanying notes, and supplemental schedule. Actual results could differ from those estimates. Contributions Contributions from Plan participants and the matching contributions from the Company are recorded in the year in which the employee contributions are withheld from compensation. Investment Valuation and Income Recognition Investments held by the Plan, except for fully benefit-responsive investment contracts, are stated at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). See Note 3 for further discussion of fair value measurements. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded as earned. Dividends are recorded on the record date. Net appreciation includes the Plan’s gains and losses on investments bought and sold as well as held during the year. Risks and Uncertainties The Plan provides for investments in a variety of securities that are subject to risks, including interest rate risk, credit risk, and overall market volatility. Market values of these investments may decline for several reasons, including changes in market and interest rates, increased default rates, or credit rating downgrades. Given the level of risk associated with certain investment securities, it is reasonably possible that changes in their values could occur in the near term and may materially affect the amounts reported in the statements of net assets available for benefits and participant account balances. Plan Management’s Review of Subsequent Events The Plan has evaluated subsequent events through June 22, 2026, the date the financial statements were available to be issued.