Weatherford International (WFRD) Tax Provisions (2013 - 2026)
Weatherford International's (WFRD) quarterly Tax Provisions came in at $33.0 million in Q2 2026, down 28.26% YoY from $46.0 million in Q2 2025, and up 925.0% on a QoQ basis from -$4.0 million in Q1 2026.
Weatherford International (WFRD) Tax Provisions (2013 - 2026) Analysis & Trends
Weatherford International (WFRD) has 14 years of Tax Provisions data on file, last reported at $33.0 million in 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 climbed to $33.0 million in Q2 2026, from -$4.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $73.0 million in Q2 2024 to a low of -$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 sank 233.33% — and 2024, when it soared 2150.0%.
- Tracing WFRD's Tax Provisions over 5 years: 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 soared by 400.0% to $33.0 million in 2026.
- The last three Tax Provisions figures came in at $33.0 million (Q2 2026), -$4.0 million (Q1 2026), and -$11.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 204.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 210.00 Mn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -81,938.00 Bn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 114.10 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 126.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 41.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 33.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 21.10 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 25.82 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 22.50 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 |