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| Date | Value |
|---|---|
| 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 |