Alvotech (ALVOW) Change in Taxes (2021 - 2025)

Alvotech (ALVOW) reported Change in Taxes of $68.6 million for Q4 2025, up 204.57% on a YoY basis from $22.5 million in Q4 2024, and down 12.95% quarter-over-quarter from $78.8 million in Q3 2025.

Alvotech (ALVOW) Change in Taxes (2021 - 2025) Analysis & Trends

Alvotech has reported Change in Taxes for 5 years, with the latest figure at $68.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Change in Taxes rose 204.57% year-over-year to $68.6 million; the trailing twelve-month figure through Dec 2025 stood at $108.4 million (up 658.19% YoY), and the FY2025 full-year result was $108.4 million, up 658.19% from the prior year.
  • Change in Taxes for Q4 2025 stood at $68.6 million, down from $78.8 million in the prior quarter.
  • The five-year high for Change in Taxes was $78.8 million in Q3 2025, with the low at -$99.3 million in Q4 2023.
  • Historically, Change in Taxes has averaged -$2.0 million across 5 years, with a median of -$6.7 million in 2024.
  • The largest YoY upside for Change in Taxes was 690.02% in 2025 against a maximum downside of 252647.37% in 2025.
  • Alvotech's Change in Taxes stood at -$95.6 million in 2021, then surged by 60.2% to -$38.1 million in 2022, then tumbled by 160.9% to -$99.3 million in 2023, then surged by 122.68% to $22.5 million in 2024, then jumped by 204.57% to $68.6 million in 2025.
  • The last three Change in Taxes figures came in at $68.6 million (Q4 2025), $78.8 million (Q3 2025), and -$22.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn -
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 73.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 119.80 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn -
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn -
10 Alvotech - - -22.39 Mn 68.61 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 68.61 Mn
Dec 31, 2025 68.61 Mn
Sep 30, 2025 78.81 Mn
Sep 30, 2025 78.81 Mn
Jun 30, 2025 -22.73 Mn
Jun 30, 2025 -22.73 Mn
Mar 31, 2025 -16.26 Mn
Mar 31, 2025 -16.26 Mn
Dec 31, 2024 22.53 Mn
Dec 31, 2024 22.53 Mn
Sep 30, 2024 -13.36 Mn
Sep 30, 2024 -13.36 Mn
Jun 30, 2024 5.13 Mn
Jun 30, 2024 5.13 Mn
Mar 31, 2024 6,438.00
Mar 31, 2024 6,438.00
Dec 31, 2023 -99.32 Mn
Dec 31, 2023 -99.32 Mn
Aug 31, 2023 49.85 Mn
Aug 31, 2023 49.85 Mn