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
DateValue
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