Alector (ALEC) Tax Provisions (2021 - 2026)
Alector (ALEC) posted quarterly Tax Provisions of $48000.0 for Q4 2024, up 101.21% year-over-year from $23856.0 in Q1 2024, and down 34.25% quarter-over-quarter from $73000.0 in Q2 2024.
Alector (ALEC) Tax Provisions (2021 - 2026) Analysis & Trends
Alector (ALEC) has reported Tax Provisions for 4 consecutive years, with $48000.0 the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Provisions rose 101.21% year-over-year to $48000.0; the TTM figure through Sep 2025 stood at $48000.0 (up 101.23% YoY), while the FY2024 annual figure was $128000.0, up 129.7% from the prior year.
- Tax Provisions slipped to $48000.0 in Q4 2024 per ALEC's latest filing, from $73000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $1.4 million in Q2 2023 and bottomed at -$7.6 million in Q4 2021.
- Historically, Tax Provisions has averaged -$389666.7 across 4 years, with a median of $727000.0 in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 109.45% — and 2023, when it slumped 651.6%.
- Alector's Tax Provisions stood at -$7.6 million in 2021, then jumped by 109.45% to $721000.0 in 2022, then plunged by 651.6% to -$4.0 million in 2023, then jumped by 101.21% to $48000.0 in 2024.
- Business Quant data shows ALEC's Tax Provisions at $48000.0 in Q4 2024, $73000.0 in Q2 2024, and $7000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 292.00 Mn |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 230.90 Mn |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 59.00 Mn |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 75.45 Mn |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | 267.73 |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 13.31 Mn |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 1.90 Mn |
| 10 | Alector | 218.85 Mn | 46.05 Mn | - | 130,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 130,000.00 |
| Dec 31, 2025 | -29.98 Mn |
| Dec 31, 2024 | 48,000.00 |
| Jun 30, 2024 | 73,000.00 |
| Mar 31, 2024 | 7,000.00 |
| Dec 31, 2023 | -3.98 Mn |
| Sep 30, 2023 | 1.25 Mn |
| Jun 30, 2023 | 1.39 Mn |
| Mar 31, 2023 | 901,000.00 |
| Dec 31, 2022 | 721,000.00 |
| Sep 30, 2022 | 733,000.00 |
| Jun 30, 2022 | 1.04 Mn |
| Mar 31, 2022 | 758,000.00 |
| Dec 31, 2021 | -7.63 Mn |