Weatherford International (WFRD) Tax Provisions (2013 - 2026)

Weatherford International (WFRD) reported Tax Provisions of -$4.0 million for Q1 2026, down 140.0% on a YoY basis from $10.0 million in Q1 2025, and up 63.64% quarter-over-quarter from -$11.0 million in Q4 2025.

Weatherford International (WFRD) Tax Provisions (2013 - 2026) Analysis & Trends

Weatherford International has reported Tax Provisions for 14 years, with the latest figure at -$4.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 140.0% year-over-year to -$4.0 million; the trailing twelve-month figure through Mar 2026 stood at $83.0 million (down 40.71% YoY), and the FY2025 full-year result was $97.0 million, down 48.68% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$4.0 million, up from -$11.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $73.0 million in Q2 2024, with the low at -$16.0 million in Q2 2023.
  • Historically, Tax Provisions has averaged $25.1 million across 5 years, with a median of $26.0 million in 2022.
  • Annual changes were most pronounced in 2023 — Tax Provisions sank 233.33% — and 2024, when it soared 2150.0%.
  • Weatherford International's Tax Provisions stood at $21.0 million in 2022, then slumped by 90.48% to $2.0 million in 2023, then soared by 2150.0% to $45.0 million in 2024, then slumped by 124.44% to -$11.0 million in 2025, then jumped by 63.64% to -$4.0 million in 2026.
  • The last three Tax Provisions figures came in at -$4.0 million (Q1 2026), -$11.0 million (Q4 2025), and $52.0 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
DateValue
Mar 31, 2026 -4.00 Mn
Dec 31, 2025 -11.00 Mn
Sep 30, 2025 52.00 Mn
Jun 30, 2025 46.00 Mn
Mar 31, 2025 10.00 Mn
Dec 31, 2024 45.00 Mn
Sep 30, 2024 12.00 Mn
Jun 30, 2024 73.00 Mn
Mar 31, 2024 59.00 Mn
Dec 31, 2023 2.00 Mn
Sep 30, 2023 33.00 Mn
Jun 30, 2023 -16.00 Mn
Mar 31, 2023 38.00 Mn
Dec 31, 2022 21.00 Mn
Sep 30, 2022 26.00 Mn
Jun 30, 2022 12.00 Mn
Mar 31, 2022 28.00 Mn
Dec 31, 2021 20.00 Mn
Sep 30, 2021 28.00 Mn
Jun 30, 2021 15.00 Mn