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
DateValue
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