Equillium (EQ) Tax Provisions (2022 - 2024)
Equillium (EQ) posted quarterly Tax Provisions of $400000.0 for Q4 2024, down 67.69% year-over-year from $1.2 million in Q1 2024, and down 67.69% quarter-over-quarter from $1.2 million in Q4 2023.
Analysis
Equillium (EQ) Tax Provisions (2022 - 2024) Analysis & Trends
Equillium (EQ) has reported Tax Provisions for 3 consecutive years, with $400000.0 the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Provisions fell 67.69% year-over-year to $400000.0; the TTM figure through Dec 2024 stood at $400000.0 (down 77.8% YoY), while the FY2024 annual figure was $400000.0, down 77.8% from the prior year.
- Tax Provisions fell to $400000.0 in Q4 2024 per EQ's latest filing, from $1.2 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.2 million in Q4 2023 and bottomed at -$13.1 million in Q4 2022.
- Historically, Tax Provisions has averaged -$1.8 million across 3 years, with a median of $230000.0 in 2023.
- Annual changes were most pronounced in 2023 — Tax Provisions surged 109.44% — and 2024, when it slumped 67.69%.
- Equillium's Tax Provisions stood at -$13.1 million in 2022, then soared by 109.44% to $1.2 million in 2023, then plunged by 67.69% to $400000.0 in 2024.
- Business Quant data shows EQ's Tax Provisions at $400000.0 in Q4 2024, $1.2 million in Q4 2023, and $496000.0 in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 292.00 Mn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 230.90 Mn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -59.00 Mn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 15.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 75.45 Mn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 13.31 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 1.90 Mn |
| 10 | Equillium | 249.33 Mn | 249.33 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -1.62 Mn |
| Dec 31, 2023 | -3.28 Mn |
| Sep 30, 2023 | 500,000.00 |
| Jun 30, 2023 | 8,000.00 |
| Mar 31, 2023 | 100,000.00 |
| Dec 31, 2022 | -13.11 Mn |