National Energy Services Reunited (NESR) Tax Provisions (2018 - 2026)
National Energy Services Reunited (NESR) reported Tax Provisions of $7.1 million for Q1 2026, up 115.15% on a YoY basis from $3.3 million in Q1 2025, and down 37.49% quarter-over-quarter from $11.4 million in Q4 2025.
National Energy Services Reunited (NESR) Tax Provisions (2018 - 2026) Analysis & Trends
National Energy Services Reunited has reported Tax Provisions for 8 years, with the latest figure at $7.1 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 115.15% year-over-year to $7.1 million; the trailing twelve-month figure through Mar 2026 stood at $19.7 million (down 33.92% YoY), and the FY2025 full-year result was $9.3 million, up 1444.33% from the prior year.
- Tax Provisions for Q1 2026 stood at $7.1 million, down from $11.4 million in the prior quarter.
- The five-year high for Tax Provisions was $37.8 million in Q4 2024, with the low at -$6.2 million in Q4 2023.
- Historically, Tax Provisions has averaged $2.6 million across 4 years, with a median of -$3.5 million in 2023.
- The largest YoY upside for Tax Provisions was 706.7% in 2024 against a maximum downside of 92.54% in 2024.
- National Energy Services Reunited's Tax Provisions stood at -$6.2 million in 2023, then surged by 706.7% to $37.8 million in 2024, then tumbled by 69.93% to $11.4 million in 2025, then plunged by 37.49% to $7.1 million in 2026.
- The last three Tax Provisions figures came in at $7.1 million (Q1 2026), $11.4 million (Q4 2025), and $5.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 195.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 336.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 105.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 95.90 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 41.00 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 15.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -4.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.40 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 2.76 Mn |
| 10 | National Energy Services Reunited | 2.41 Bn | 2.31 Bn | 51.83 Mn | 7.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.10 Mn |
| Dec 31, 2025 | 11.36 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 |