National Energy Services Reunited (NESR) Tax Provisions (2016 - 2026)
National Energy Services Reunited's (NESR) quarterly Tax Provisions came in at $7.1 million in Q1 2026, up 113.95% YoY from $3.3 million in Q1 2025, and down 57.03% on a QoQ basis from $16.6 million in Q4 2025.
National Energy Services Reunited (NESR) Tax Provisions (2016 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has 10 years of Tax Provisions data on file, last reported at $7.1 million in Q1 2026.
- Quarterly Tax Provisions rose 113.95% year-over-year to $7.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $24.9 million (down 16.5% YoY) and the FY2025 annual result came in at $14.5 million, down 33.98% from the prior year.
- Tax Provisions declined to $7.1 million in Q1 2026, from $16.6 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $37.8 million in Q4 2024 to a low of -$6.2 million in Q4 2023.
- A 4-year average of $3.1 million and a median of -$3.5 million in 2023 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 706.7% in 2024, down 92.54% in 2024.
- Tracing NESR's Tax Provisions over 4 years: stood at -$6.2 million in 2023, then surged by 706.7% to $37.8 million in 2024, then plunged by 56.17% to $16.6 million in 2025, then plunged by 57.03% to $7.1 million in 2026.
- The last three Tax Provisions figures came in at $7.1 million (Q1 2026), $16.6 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 | 80.33 Bn | 76.25 Bn | 4.63 Bn | 204.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 210.00 Mn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -81,938.00 Bn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 114.10 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 126.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 41.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 33.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 21.10 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 25.82 Mn |
| 10 | National Energy Services Reunited | 3.34 Bn | 3.16 Bn | 81.29 Mn | 14.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.90 Mn |
| Mar 31, 2026 | 7.11 Mn |
| Dec 31, 2025 | 16.56 Mn |
| Sep 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | -4.27 Mn |
| Mar 31, 2025 | 3.33 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 |