Nov (NOV) Tax Provisions (2009 - 2026)
Nov (NOV) reported Tax Provisions of $15.0 million for Q1 2026, down 68.09% on a YoY basis from $47.0 million in Q1 2025, and up 117.65% sequentially from -$85.0 million in Q4 2025.
Nov (NOV) Tax Provisions (2009 - 2026) Analysis & Trends
Nov (NOV) has 18 years of Tax Provisions data on file, last reported at $15.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 68.09% year-over-year to $15.0 million; the trailing twelve-month figure through Mar 2026 stood at -$40.0 million (down 122.47% YoY), and the FY2025 full-year result was -$8.0 million, down 104.57% from the prior year.
- Tax Provisions climbed to $15.0 million in Q1 2026, from -$85.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $70.0 million in Q2 2024 to a low of -$85.0 million in Q4 2025.
- A 5-year average of $23.2 million and a median of $29.0 million in 2022 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions surged 1050.0% in 2023 and plunged 600.0% in 2025, its largest moves.
- Tracing NOV's Tax Provisions over 5 years: stood at $42.0 million in 2022, then changed by 0.0% to $42.0 million in 2023, then plunged by 59.52% to $17.0 million in 2024, then sank by 600.0% to -$85.0 million in 2025, then soared by 117.65% to $15.0 million in 2026.
- Business Quant data shows NOV's Tax Provisions at $15.0 million in Q1 2026, -$85.0 million in Q4 2025, and $29.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 195.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 95.90 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 105.00 Mn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 15.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 33.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.40 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.72 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 2.76 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 34.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.00 Mn |
| Dec 31, 2025 | -85.00 Mn |
| Sep 30, 2025 | 29.00 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | 47.00 Mn |
| Dec 31, 2024 | 17.00 Mn |
| Sep 30, 2024 | 44.00 Mn |
| Jun 30, 2024 | 70.00 Mn |
| Mar 31, 2024 | 44.00 Mn |
| Dec 31, 2023 | 42.00 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 | -33.00 Mn |
| Sep 30, 2021 | 5.00 Mn |
| Jun 30, 2021 | 2.00 Mn |