Nov (NOV) Tax Provisions (2009 - 2026)
Nov (NOV) posted Tax Provisions of $41.0 million for Q2 2026, up 173.33% sequentially from $15.0 million in Q1 2026, and up 4000.0% YoY from $1.0 million in Q2 2025.
Nov (NOV) Tax Provisions (2009 - 2026) Analysis & Trends
Nov has reported Tax Provisions for 18 years, with the latest figure at $41.0 million in Q2 2026.
- Quarterly Tax Provisions rose 4000.0% year-over-year to $41.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $232.0 million (up 78.46% YoY) and the FY2025 annual result came in at $224.0 million, up 14.29% from the prior year.
- Tax Provisions advanced to $41.0 million in Q2 2026 per NOV's latest filing, from $15.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $147.0 million in Q4 2025 and troughed at -$460.0 million in Q4 2023.
- A 5-year average of $10.4 million and a median of $33.5 million in 2022 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2026: Tax Provisions sank 1145.45% in 2023, then jumped 4000.0% in 2026.
- Over 5 years, Tax Provisions stood at $44.0 million in 2022, then tumbled by 1145.45% to -$460.0 million in 2023, then surged by 108.26% to $38.0 million in 2024, then soared by 286.84% to $147.0 million in 2025, then slumped by 72.11% to $41.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $41.0 million, $15.0 million, and $147.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 204.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 210.00 Mn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -81,938.00 Bn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 114.10 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 126.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 41.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 33.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 21.10 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 25.82 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 22.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.00 Mn |
| 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 | -460.00 Mn |
| Sep 30, 2023 | 48.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | 20.00 Mn |
| Dec 31, 2022 | 44.00 Mn |
| Sep 30, 2022 | 29.00 Mn |
| Jun 30, 2022 | -2.00 Mn |
| Mar 31, 2022 | 14.00 Mn |
| Dec 31, 2021 | -49.00 Mn |
| Sep 30, 2021 | 5.00 Mn |