Weatherford International (WFRD) Tax Provisions (2013 - 2026)
Weatherford International (WFRD) posted Tax Provisions of $33.0 million for Q2 2026, up 925.0% on a QoQ basis from -$4.0 million in Q1 2026, and down 28.26% year-over-year from $46.0 million in Q2 2025.
Weatherford International (WFRD) Tax Provisions (2013 - 2026) Analysis & Trends
Weatherford International's Tax Provisions history runs 14 years deep, the most recent figure standing at $33.0 million for Q2 2026.
- Quarterly Tax Provisions fell 28.26% year-over-year to $33.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $70.0 million (down 38.05% YoY) and the FY2025 annual result came in at $97.0 million, down 48.68% from the prior year.
- Tax Provisions was $33.0 million for Q2 2026 at Weatherford International, up from -$4.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $73.0 million in Q2 2024 and bottomed at -$16.0 million in Q2 2023.
- A 5-year average of $25.5 million and a median of $27.0 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2023 — Tax Provisions plunged 233.33% — and 2024, when it soared 2150.0%.
- Weatherford International's Tax Provisions stood at $21.0 million in 2022, then plunged by 90.48% to $2.0 million in 2023, then surged by 2150.0% to $45.0 million in 2024, then plunged by 124.44% to -$11.0 million in 2025, then surged by 400.0% to $33.0 million in 2026.
- Business Quant data shows WFRD's Tax Provisions at $33.0 million in Q2 2026, -$4.0 million in Q1 2026, and -$11.0 million in Q4 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 |
|---|---|
| Jun 30, 2026 | 33.00 Mn |
| 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 |