Global Industrial (GIC) Change in Taxes (2014 - 2026)
Global Industrial's (GIC) quarterly Change in Taxes came in at $5.0 million in Q1 2026, up 13.64% YoY from $4.4 million in Q1 2025, and up 350.0% on a QoQ basis from -$2.0 million in Q4 2025.
Global Industrial (GIC) Change in Taxes (2014 - 2026) Analysis & Trends
Global Industrial (GIC) has 13 years of Change in Taxes data on file, last reported at $5.0 million in Q1 2026.
- Quarterly Change in Taxes rose 13.64% year-over-year to $5.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.8 million (down 28.0% YoY) and the FY2025 annual result came in at $1.2 million, down 29.41% from the prior year.
- Change in Taxes improved to $5.0 million in Q1 2026, from -$2.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $5.0 million in Q1 2026 to a low of -$7.2 million in Q2 2022.
- A 5-year average of -$17647.1 and a median of -$400000.0 in 2022 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2023 — Change in Taxes soared 263.64% — and 2025, when it plunged 766.67%.
- Tracing GIC's Change in Taxes over 5 years: stood at -$600000.0 in 2022, then plunged by 350.0% to -$2.7 million in 2023, then jumped by 111.11% to $300000.0 in 2024, then slumped by 766.67% to -$2.0 million in 2025, then surged by 350.0% to $5.0 million in 2026.
- The last three Change in Taxes figures came in at $5.0 million (Q1 2026), -$2.0 million (Q4 2025), and $400000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | - |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | -68.00 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 29.00 Mn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | - |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | - |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | - |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | - |
| 10 | Global Industrial | 1.49 Bn | 1.40 Bn | 155.40 Mn | 1.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.60 Mn |
| Jun 30, 2026 | 1.60 Mn |
| Mar 31, 2026 | 5.00 Mn |
| Mar 31, 2026 | 5.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | 400,000.00 |
| Sep 30, 2025 | 400,000.00 |
| Jun 30, 2025 | -1.60 Mn |
| Jun 30, 2025 | -1.60 Mn |
| Mar 31, 2025 | 4.40 Mn |
| Mar 31, 2025 | 4.40 Mn |
| Dec 31, 2024 | 300,000.00 |
| Dec 31, 2024 | 300,000.00 |
| Sep 30, 2024 | -1.40 Mn |
| Sep 30, 2024 | -1.40 Mn |
| Jun 30, 2024 | -800,000.00 |
| Jun 30, 2024 | -800,000.00 |
| Mar 31, 2024 | 3.60 Mn |
| Mar 31, 2024 | 3.60 Mn |