Nov NOV
NYSE NOV
$20.42 +0.15 (+0.74%)
At close: Aug 21, 2026 · 4:00 PM EDT

Nov (NOV) Change in Taxes (2011 - 2026)

Nov (NOV) posted Change in Taxes of $7.0 million for Q2 2026, up 131.82% sequentially from -$22.0 million in Q1 2026, and up 133.33% YoY from $3.0 million in Q2 2025.

Nov (NOV) Change in Taxes (2011 - 2026) Analysis & Trends

Nov has reported Change in Taxes for 16 years, with the latest figure at $7.0 million in Q2 2026.

  • Quarterly Change in Taxes rose 133.33% year-over-year to $7.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $22.0 million (changed N/A YoY) and the FY2025 annual result came in at $39.0 million, up 880.0% from the prior year.
  • Change in Taxes advanced to $7.0 million in Q2 2026 per NOV's latest filing, from -$22.0 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $49.0 million in Q4 2025 and troughed at -$22.0 million in Q1 2026.
  • A 5-year average of $1.0 million and a median of -$1.5 million in 2022 frame the typical range for Change in Taxes.
  • The sharpest annual moves came in 2023 and 2025: Change in Taxes slumped 1100.0% in 2023, then surged 1325.0% in 2025.
  • Over 5 years, Change in Taxes stood at -$14.0 million in 2022, then gained 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 sank by 85.71% to $7.0 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered $7.0 million, -$22.0 million, and $49.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Slb 80.33 Bn 76.25 Bn 4.63 Bn -137.00 Mn
2 Baker Hughes 61.93 Bn 46.20 Bn 1.58 Bn -
3 Tenaris 53.10 Bn 44.08 Bn 984.66 -
4 TechnipFMC 30.78 Bn 29.54 Bn 1.40 Bn 64.30 Mn
5 Halliburton 29.58 Bn 27.53 Bn 2.10 Bn -
6 Nov 7.35 Bn 6.19 Bn 521.00 Mn 7.00 Mn
7 Weatherford International 6.52 Bn 5.39 Bn 662.00 Mn -
8 Kodiak Gas Services 5.83 Bn 5.69 Bn 246.76 Mn -
9 Archrock 5.52 Bn 5.52 Bn 244.51 Mn -
10 Oceaneering International 5.28 Bn 4.65 Bn 156.98 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 7.00 Mn
Jun 30, 2026 7.00 Mn
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