National Energy Services Reunited (NESR) Tax Provisions (2016 - 2026)

National Energy Services Reunited (NESR) posted Tax Provisions of $7.1 million for Q1 2026, up 239.23% on a QoQ basis from $2.1 million in Q4 2025, and up 115.15% year-over-year from $3.3 million in Q1 2025.

National Energy Services Reunited (NESR) Tax Provisions (2016 - 2026) Analysis & Trends

National Energy Services Reunited's Tax Provisions history runs 10 years deep, the most recent figure standing at $7.1 million for Q1 2026.

  • Quarterly Tax Provisions rose 115.15% year-over-year to $7.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.4 million (down 65.02% YoY) and the FY2024 annual result came in at $21.9 million, up 26.88% from the prior year.
  • Tax Provisions was $7.1 million for Q1 2026 at National Energy Services Reunited, up from $2.1 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $37.8 million in Q4 2024 and bottomed at -$6.2 million in Q4 2023.
  • A 4-year average of $1.9 million and a median of -$3.5 million in 2023 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2024 — Tax Provisions soared 706.7% — and 2025, when it slumped 94.46%.
  • National Energy Services Reunited's Tax Provisions stood at -$6.2 million in 2023, then jumped by 706.7% to $37.8 million in 2024, then slumped by 94.46% to $2.1 million in 2025, then soared by 239.23% to $7.1 million in 2026.
  • Business Quant data shows NESR's Tax Provisions at $7.1 million in Q1 2026, $2.1 million in Q4 2025, and $5.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 195.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 95.90 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 105.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 15.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 33.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 23.40 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 18.72 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 2.76 Mn
10 National Energy Services Reunited 2.78 Bn 2.69 Bn 51.83 Mn 7.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.10 Mn
Dec 31, 2025 2.09 Mn
Sep 30, 2025 5.50 Mn
Jun 30, 2025 -4.27 Mn
Mar 31, 2025 3.30 Mn
Dec 31, 2024 37.78 Mn
Sep 30, 2024 -5.29 Mn
Jun 30, 2024 -5.99 Mn
Mar 31, 2024 -4.59 Mn
Dec 31, 2023 -6.23 Mn
Sep 30, 2023 -2.75 Mn
Jun 30, 2023 -4.39 Mn
Dec 31, 2021 1.23 Mn
Sep 30, 2021 -1.20 Mn
Jun 30, 2021 -2.41 Mn
Mar 31, 2021 -1.61 Mn
Dec 31, 2020 -1.77 Mn
Sep 30, 2020 -3.57 Mn
Jun 30, 2020 -2.85 Mn
Mar 31, 2020 -2.53 Mn