Nov (NOV) Deferred Taxes (2010 - 2026)

Nov (NOV) reported Deferred Taxes of $4.0 million for Q1 2026, down 89.19% on a YoY basis from $37.0 million in Q1 2025, and down 92.59% sequentially from $54.0 million in Q4 2025.

Nov (NOV) Deferred Taxes (2010 - 2026) Analysis & Trends

Nov (NOV) has 17 years of Deferred Taxes data on file, last reported at $4.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Deferred Taxes fell 89.19% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2026 stood at $60.0 million (down 1.64% YoY), and the FY2025 full-year result was $93.0 million, up 89.8% from the prior year.
  • Deferred Taxes retreated to $4.0 million in Q1 2026, from $54.0 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $54.0 million in Q4 2025 to a low of -$487.0 million in Q4 2023.
  • A 5-year average of -$21.6 million and a median of $0.0 in 2023 frame the typical range for Deferred Taxes.
  • Across the five-year window, Deferred Taxes slumped 4527.27% in 2023 and surged 5200.0% in 2024, its largest moves.
  • Tracing NOV's Deferred Taxes over 5 years: stood at $11.0 million in 2022, then tumbled by 4527.27% to -$487.0 million in 2023, then surged by 99.18% to -$4.0 million in 2024, then soared by 1450.0% to $54.0 million in 2025, then slumped by 92.59% to $4.0 million in 2026.
  • Business Quant data shows NOV's Deferred Taxes at $4.0 million in Q1 2026, $54.0 million in Q4 2025, and $25.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 53.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 47.30 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn -
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 4.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn -
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 22.45 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 3.57 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 2.71 Mn
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 10.39 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.00 Mn
Dec 31, 2025 54.00 Mn
Sep 30, 2025 25.00 Mn
Jun 30, 2025 -23.00 Mn
Mar 31, 2025 37.00 Mn
Dec 31, 2024 -4.00 Mn
Sep 30, 2024 -23.00 Mn
Jun 30, 2024 51.00 Mn
Mar 31, 2024 25.00 Mn
Dec 31, 2023 -487.00 Mn
Sep 30, 2023 1.00 Mn
Jun 30, 2023 -1.00 Mn
Mar 31, 2023 -2.00 Mn
Dec 31, 2022 11.00 Mn
Jun 30, 2022 -10.00 Mn
Mar 31, 2022 -3.00 Mn
Dec 31, 2021 9.00 Mn
Sep 30, 2021 9.00 Mn
Jun 30, 2021 -6.00 Mn
Mar 31, 2021 -1.00 Mn