B&G Foods (BGS) Tax Provisions (2010 - 2026)
B&G Foods (BGS) posted Tax Provisions of -$12.7 million for Q2 2026, down 226.07% sequentially from $10.1 million in Q1 2026, and down 695.69% YoY from $2.1 million in Q2 2025.
B&G Foods (BGS) Tax Provisions (2010 - 2026) Analysis & Trends
B&G Foods has reported Tax Provisions for 13 years, with the latest figure at -$12.7 million in Q2 2026.
- Quarterly Tax Provisions fell 695.69% year-over-year to -$12.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$11.3 million (up 83.51% YoY) and the FY2026 annual result came in at -$206000.0, up 99.74% from the prior year.
- Tax Provisions retreated to -$12.7 million in Q2 2026 per BGS's latest filing, from $10.1 million in the prior quarter.
- Over five years, Tax Provisions peaked at $34.3 million in Q4 2022 and troughed at -$72.9 million in Q4 2024.
- A 5-year average of -$2.8 million and a median of -$1.4 million in 2022 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2026: Tax Provisions jumped 367.19% in 2023, then slumped 695.69% in 2026.
- Over 5 years, Tax Provisions stood at $34.3 million in 2022, then decreased by 23.93% to $26.1 million in 2023, then sank by 379.3% to -$72.9 million in 2024, then soared by 91.87% to -$5.9 million in 2025, then plunged by 114.83% to -$12.7 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$12.7 million, $10.1 million, and -$5.9 million for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | -916.00 Mn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | -240.40 Mn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 63.50 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | -125.91 Mn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | -60.50 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 48.69 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 110.64 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 64.00 Mn |
| 10 | B&G Foods | 278.41 Mn | -313.17 Mn | 79.64 Mn | 1.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 1.61 Mn |
| Apr 4, 2026 | -12.73 Mn |
| Jan 3, 2026 | 10.10 Mn |
| Sep 27, 2025 | -5.93 Mn |
| Jun 28, 2025 | -2.78 Mn |
| Mar 29, 2025 | -1.60 Mn |
| Dec 28, 2024 | -72.92 Mn |
| Sep 28, 2024 | 2.66 Mn |
| Jun 29, 2024 | 3.10 Mn |
| Mar 30, 2024 | -12.10 Mn |
| Dec 30, 2023 | 26.11 Mn |
| Sep 30, 2023 | -24.66 Mn |
| Jul 1, 2023 | 3.76 Mn |
| Apr 1, 2023 | 20.25 Mn |
| Dec 31, 2022 | 34.32 Mn |
| Oct 1, 2022 | -21.26 Mn |
| Jul 2, 2022 | -1.41 Mn |
| Apr 2, 2022 | 7.71 Mn |
| Apr 1, 2017 | 18.30 Mn |
| Dec 31, 2016 | 36.07 Mn |