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

Cytek Biosciences (CTKB) posted Tax Provisions of $1.5 million for Q1 2026, down 96.25% on a QoQ basis from $40.0 million in Q4 2025, and up 1002.94% year-over-year from $136000.0 in Q1 2025.

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

Cytek Biosciences' Tax Provisions history runs 7 years deep, the most recent figure standing at $1.5 million for 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 was $1.5 million for Q1 2026 at Cytek Biosciences, down from $40.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $40.0 million in Q4 2025 and bottomed at -$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 tumbled 2390.0% — and 2025, when it soared 5455.28%.
  • Cytek Biosciences' Tax Provisions stood at $396000.0 in 2022, then plunged by 451.52% to -$1.4 million in 2023, then surged by 151.72% to $720000.0 in 2024, then surged by 5455.28% to $40.0 million in 2025, then plunged by 96.25% to $1.5 million in 2026.
  • Business Quant data shows CTKB's Tax Provisions at $1.5 million in Q1 2026, $40.0 million in Q4 2025, and -$2.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 372.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 105.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 575.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -176.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 78.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 70.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -51.51 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 94.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Cytek Biosciences 586.89 Mn 521.19 Mn 21.25 Mn 1.50 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 597,000.00