Nov (NOV) Tax Provisions (2009 - 2026)
Nov's (NOV) quarterly Tax Provisions came in at $15.0 million in Q1 2026, down 68.09% year-on-year from $47.0 million in Q1 2025, and down 89.8% quarter-over-quarter from $147.0 million in Q4 2025.
Nov (NOV) Tax Provisions (2009 - 2026) Analysis & Trends
Nov has disclosed Tax Provisions across 18 years of filings, most recently posting $15.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $15.0 million, down 68.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $192.0 million (down 3.52% YoY), and the FY2025 annual result was $224.0 million, up 14.29% from the prior year.
- Tax Provisions came in at $15.0 million for Q1 2026 at Nov, down from $147.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $147.0 million in Q4 2025 to a low of -$2.0 million in Q2 2022.
- The 5-year median for Tax Provisions is $29.0 million (2022), against an average of $37.3 million.
- Across the five-year window, Tax Provisions plunged 200.0% in 2022 and surged 1050.0% in 2023, its largest moves.
- Nov's Tax Provisions stood at $42.0 million in 2022, then plunged by 30.95% to $29.0 million in 2023, then surged by 31.03% to $38.0 million in 2024, then jumped by 286.84% to $147.0 million in 2025, then sank by 89.8% to $15.0 million in 2026.
- The last three Tax Provisions figures came in at $15.0 million (Q1 2026), $147.0 million (Q4 2025), and $29.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 195.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 336.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 105.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 95.90 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 41.00 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 15.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -4.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.40 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 2.76 Mn |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 9.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.00 Mn |
| Dec 31, 2025 | 147.00 Mn |
| Sep 30, 2025 | 29.00 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | 47.00 Mn |
| Dec 31, 2024 | 38.00 Mn |
| Sep 30, 2024 | 44.00 Mn |
| Jun 30, 2024 | 70.00 Mn |
| Mar 31, 2024 | 44.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 48.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | 20.00 Mn |
| Dec 31, 2022 | 42.00 Mn |
| Sep 30, 2022 | 29.00 Mn |
| Jun 30, 2022 | -2.00 Mn |
| Mar 31, 2022 | 14.00 Mn |
| Dec 31, 2021 | 25.00 Mn |
| Sep 30, 2021 | 5.00 Mn |
| Jun 30, 2021 | 2.00 Mn |