Nov (NOV) Change in Taxes (2011 - 2026)
Nov's (NOV) quarterly Change in Taxes came in at -$22.0 million in Q1 2026, down 195.65% year-on-year from $23.0 million in Q1 2025, and down 144.9% quarter-over-quarter from $49.0 million in Q4 2025.
Nov (NOV) Change in Taxes (2011 - 2026) Analysis & Trends
Nov has disclosed Change in Taxes across 16 years of filings, most recently posting -$22.0 million for Q1 2026.
- Change in Taxes for Q1 2026 came in at -$22.0 million, down 195.65% year-over-year; the trailing twelve-month figure through Mar 2026 was -$6.0 million (down 117.65% YoY), and the FY2025 annual result was $39.0 million, up 880.0% from the prior year.
- Change in Taxes came in at -$22.0 million for Q1 2026 at Nov, down from $49.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $49.0 million in Q4 2025 to a low of -$22.0 million in Q1 2026.
- The 5-year median for Change in Taxes is -$4.0 million (2024), against an average of $647058.8.
- Across the five-year window, Change in Taxes slumped 1100.0% in 2023 and soared 1325.0% in 2025, its largest moves.
- Nov's Change in Taxes stood at -$14.0 million in 2022, then increased by 28.57% to -$10.0 million in 2023, then jumped by 60.0% to -$4.0 million in 2024, then jumped by 1325.0% to $49.0 million in 2025, then tumbled by 144.9% to -$22.0 million in 2026.
- The last three Change in Taxes figures came in at -$22.0 million (Q1 2026), $49.0 million (Q4 2025), and -$12.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | -102.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | - |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | -15.80 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | -22.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | - |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | - |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.00 Mn |
| Mar 31, 2026 | -22.00 Mn |
| Dec 31, 2025 | 49.00 Mn |
| Dec 31, 2025 | 49.00 Mn |
| Sep 30, 2025 | -12.00 Mn |
| Sep 30, 2025 | -12.00 Mn |
| Jun 30, 2025 | -21.00 Mn |
| Jun 30, 2025 | -21.00 Mn |
| Mar 31, 2025 | 23.00 Mn |
| Mar 31, 2025 | 23.00 Mn |
| Dec 31, 2024 | -4.00 Mn |
| Dec 31, 2024 | -4.00 Mn |
| Sep 30, 2024 | 2.00 Mn |
| Sep 30, 2024 | 2.00 Mn |
| Jun 30, 2024 | 13.00 Mn |
| Jun 30, 2024 | 13.00 Mn |
| Mar 31, 2024 | -16.00 Mn |
| Mar 31, 2024 | -16.00 Mn |
| Dec 31, 2023 | -10.00 Mn |
| Dec 31, 2023 | -10.00 Mn |