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| Date | Value |
|---|---|
| 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 |