Global Industrial (GIC) Tax Provisions (2010 - 2026)
Global Industrial's (GIC) quarterly Tax Provisions came in at $5.4 million in Q1 2026, up 17.39% YoY from $4.6 million in Q1 2025, and up 8.0% on a QoQ basis from $5.0 million in Q4 2025.
Global Industrial (GIC) Tax Provisions (2010 - 2026) Analysis & Trends
Global Industrial (GIC) has 17 years of Tax Provisions data on file, last reported at $5.4 million in Q1 2026.
- Quarterly Tax Provisions rose 17.39% year-over-year to $5.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.4 million (up 34.69% YoY) and the FY2025 annual result came in at $25.6 million, up 34.03% from the prior year.
- Tax Provisions rose to $5.4 million in Q1 2026, from $5.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $8.7 million in Q2 2025 to a low of $3.5 million in Q4 2024.
- A 5-year average of $5.9 million and a median of $6.1 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 630.0% — and 2024, when it tumbled 42.62%.
- Tracing GIC's Tax Provisions over 5 years: stood at $4.2 million in 2022, then surged by 45.24% to $6.1 million in 2023, then sank by 42.62% to $3.5 million in 2024, then jumped by 42.86% to $5.0 million in 2025, then advanced by 8.0% to $5.4 million in 2026.
- The last three Tax Provisions figures came in at $5.4 million (Q1 2026), $5.0 million (Q4 2025), and $7.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 198.00 Mn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 119.30 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 146.00 Mn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 62.40 Mn |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 35.36 Mn |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 50.57 Mn |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 37.00 Mn |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 65.35 Mn |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 25.54 Mn |
| 10 | Global Industrial | 1.49 Bn | 1.40 Bn | 155.40 Mn | 13.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.20 Mn |
| Mar 31, 2026 | 5.40 Mn |
| Dec 31, 2025 | 5.00 Mn |
| Sep 30, 2025 | 7.30 Mn |
| Jun 30, 2025 | 8.70 Mn |
| Mar 31, 2025 | 4.60 Mn |
| Dec 31, 2024 | 3.50 Mn |
| Sep 30, 2024 | 5.40 Mn |
| Jun 30, 2024 | 6.10 Mn |
| Mar 31, 2024 | 4.10 Mn |
| Dec 31, 2023 | 6.10 Mn |
| Sep 30, 2023 | 6.80 Mn |
| Jun 30, 2023 | 7.30 Mn |
| Mar 31, 2023 | 4.30 Mn |
| Dec 31, 2022 | 4.20 Mn |
| Sep 30, 2022 | 6.60 Mn |
| Jun 30, 2022 | 7.60 Mn |
| Mar 31, 2022 | 7.30 Mn |
| Dec 31, 2021 | 5.80 Mn |
| Sep 30, 2021 | 7.20 Mn |