Cytek Biosciences (CTKB) Tax Provisions (2020 - 2026)
Cytek Biosciences' (CTKB) quarterly Tax Provisions came in at $1.5 million in Q1 2026, up 1002.94% YoY from $136000.0 in Q1 2025, and down 96.25% on a QoQ basis from $40.0 million in Q4 2025.
Cytek Biosciences (CTKB) Tax Provisions (2020 - 2026) Analysis & Trends
Cytek Biosciences (CTKB) has 7 years of Tax Provisions data on file, last reported at $1.5 million in Q1 2026.
- Quarterly Tax Provisions rose 1002.94% year-over-year to $1.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.0 million (up 1050.3% YoY) and the FY2025 annual result came in at $36.7 million, up 11368.12% from the prior year.
- Tax Provisions slipped to $1.5 million in Q1 2026, from $40.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $40.0 million in Q4 2025 to a low of -$2.8 million in Q1 2024.
- A 5-year average of $2.0 million and a median of -$699000.0 in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions plunged 2390.0% — and 2025, when it soared 5455.28%.
- Tracing CTKB's Tax Provisions over 5 years: stood at $396000.0 in 2022, then slumped by 451.52% to -$1.4 million in 2023, then soared by 151.72% to $720000.0 in 2024, then soared by 5455.28% to $40.0 million in 2025, then slumped by 96.25% to $1.5 million in 2026.
- The last three Tax Provisions figures came in at $1.5 million (Q1 2026), $40.0 million (Q4 2025), and -$2.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 596.00 Mn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 288.00 Mn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 575.00 Mn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 155.00 Mn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 278.40 Mn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 68.40 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 119.00 Mn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -185.98 Mn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 72.50 Mn |
| 10 | Cytek Biosciences | 602.64 Mn | 528.79 Mn | 28.34 Mn | 515,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 515,000.00 |
| Mar 31, 2026 | 1.50 Mn |
| Dec 31, 2025 | 40.00 Mn |
| Sep 30, 2025 | -2.30 Mn |
| Jun 30, 2025 | -1.19 Mn |
| Mar 31, 2025 | 136,000.00 |
| Dec 31, 2024 | 720,000.00 |
| Sep 30, 2024 | -800,000.00 |
| Jun 30, 2024 | 3.25 Mn |
| Mar 31, 2024 | -2.80 Mn |
| Dec 31, 2023 | -1.39 Mn |
| Sep 30, 2023 | 2.27 Mn |
| Jun 30, 2023 | -2.20 Mn |
| Mar 31, 2023 | -2.20 Mn |
| Dec 31, 2022 | 396,000.00 |
| Sep 30, 2022 | 224,000.00 |
| Jun 30, 2022 | -699,000.00 |
| Mar 31, 2022 | -1.15 Mn |
| Dec 31, 2021 | 1.61 Mn |
| Sep 30, 2021 | 655,000.00 |