Natural Gas Services (NGS) Tax Provisions (2010 - 2026)
Natural Gas Services (NGS) recorded Tax Provisions of $1.72 million in Q2 2026, up 7.4% from $1.6 million a year earlier but down 20.5% from the prior quarter.
Natural Gas Services (NGS) Tax Provisions (2010 - 2026) Analysis & Trends
On a TTM basis, Natural Gas Services' Tax Provisions came in at $7.4 million as of Jun 30, 2026, up 55.8% year-over-year; for FY2025, it was $6.6 million, up 48.7% from FY2024.
- Annual Tax Provisions has increased for three straight years.
- Across earlier years, Tax Provisions came in at $4.44 million in FY2024 (+137.0%), $1.87 million in FY2023 (+254.7%), $528,000 in FY2022 and -$2.6 million in FY2021.
- Quarterly Tax Provisions has ranged from -$2.18 million in Q4 2021 to $2.16 million in Q1 2026 over the past five years.
- On a year-over-year basis, Tax Provisions has increased for six consecutive quarters, with growth averaging 77.5% over the last eight quarters.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 886.0% in Q1 2024, against a decline of 34.3% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.16 million (Q1 2026), $1.75 million (Q4 2025) and $1.78 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 204.00 Mn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 210.00 Mn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 114.10 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 126.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 41.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 16.29 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 14.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 33.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 33.60 Mn |
| 10 | Natural Gas Services | 417.52 Mn | 417.52 Mn | 30.81 Mn | 1.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.72 Mn |
| Mar 31, 2026 | 2.16 Mn |
| Dec 31, 2025 | 1.75 Mn |
| Sep 30, 2025 | 1.78 Mn |
| Jun 30, 2025 | 1.60 Mn |
| Mar 31, 2025 | 1.48 Mn |
| Dec 31, 2024 | 283,000.00 |
| Sep 30, 2024 | 1.38 Mn |
| Jun 30, 2024 | 1.29 Mn |
| Mar 31, 2024 | 1.48 Mn |
| Dec 31, 2023 | 431,000.00 |
| Sep 30, 2023 | 1.05 Mn |
| Jun 30, 2023 | 249,000.00 |
| Mar 31, 2023 | 150,000.00 |
| Dec 31, 2022 | 240,000.00 |
| Sep 30, 2022 | -73,000.00 |
| Jun 30, 2022 | 372,000.00 |
| Mar 31, 2022 | -11,000.00 |
| Dec 31, 2021 | -2.18 Mn |
| Sep 30, 2021 | -212,000.00 |
Natural Gas Services Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=NGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "NGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=NGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();