Nov (NOV) Change in Taxes (2011 - 2026)
Nov (NOV) reported Change in Taxes of -$22.0 million for Q1 2026, down 195.65% on a YoY basis from $23.0 million in Q1 2025, and down 144.9% sequentially from $49.0 million in Q4 2025.
Nov (NOV) Change in Taxes (2011 - 2026) Analysis & Trends
Nov (NOV) has 16 years of Change in Taxes data on file, last reported at -$22.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes fell 195.65% year-over-year to -$22.0 million; the trailing twelve-month figure through Mar 2026 stood at -$6.0 million (down 117.65% YoY), and the FY2025 full-year result was $39.0 million, up 880.0% from the prior year.
- Change in Taxes declined to -$22.0 million in Q1 2026, 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.
- A 5-year average of $647058.8 and a median of -$4.0 million in 2024 frame the typical range for Change in Taxes.
- Across the five-year window, Change in Taxes plunged 1100.0% in 2023 and soared 1325.0% in 2025, its largest moves.
- Tracing NOV's Change in Taxes over 5 years: stood at -$14.0 million in 2022, then grew by 28.57% to -$10.0 million in 2023, then soared by 60.0% to -$4.0 million in 2024, then soared by 1325.0% to $49.0 million in 2025, then plunged by 144.9% to -$22.0 million in 2026.
- Business Quant data shows NOV's Change in Taxes at -$22.0 million in Q1 2026, $49.0 million in Q4 2025, and -$12.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | -102.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | -15.80 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | - |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | -22.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | - |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | - |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | - |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | - |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 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 |