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
DateValue
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