Cytek Biosciences (CTKB) Tax Provisions (2020 - 2026)

Cytek Biosciences (CTKB) reported Tax Provisions of $1.5 million for Q1 2026, up 1400.0% on a YoY basis from $100000.0 in Q1 2025, and down 96.25% quarter-over-quarter from $40.0 million in Q4 2025.

Cytek Biosciences (CTKB) Tax Provisions (2020 - 2026) Analysis & Trends

Cytek Biosciences has reported Tax Provisions for 7 years, with the latest figure at $1.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 1400.0% year-over-year to $1.5 million; the trailing twelve-month figure through Mar 2026 stood at $38.1 million (up 1096.92% YoY), and the FY2025 full-year result was $36.7 million, up 11368.12% from the prior year.
  • Tax Provisions for Q1 2026 stood at $1.5 million, down from $40.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $40.0 million in Q4 2025, with the low at -$2.8 million in Q1 2024.
  • Historically, Tax Provisions has averaged $2.0 million across 5 years, with a median of -$699000.0 in 2022.
  • Annual changes were most pronounced in 2022 — Tax Provisions plunged 2390.0% — and 2025, when it surged 5788.97%.
  • Cytek Biosciences' Tax Provisions stood at $396000.0 in 2022, then sank by 443.69% to -$1.4 million in 2023, then soared by 149.96% to $680000.0 in 2024, then surged by 5788.97% 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 154.42 Bn 147.76 Bn 6.27 Bn 372.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 105.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 254.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -176.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 78.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -51.51 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 70.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 94.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 84.20 Mn
10 Cytek Biosciences - - 21.25 Mn 1.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.50 Mn
Dec 31, 2025 40.05 Mn
Sep 30, 2025 -2.29 Mn
Jun 30, 2025 -1.19 Mn
Mar 31, 2025 100,000.00
Dec 31, 2024 680,000.00
Sep 30, 2024 -800,000.00
Jun 30, 2024 3.20 Mn
Mar 31, 2024 -2.80 Mn
Dec 31, 2023 -1.36 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
Jun 30, 2021 597,000.00