Global Industrial (GIC) Tax Provisions (2010 - 2026)
Global Industrial (GIC) reported Tax Provisions of $5.4 million for Q1 2026, up 17.39% on a YoY basis from $4.6 million in Q1 2025, and up 8.0% quarter-over-quarter from $5.0 million in Q4 2025.
Global Industrial (GIC) Tax Provisions (2010 - 2026) Analysis & Trends
Global Industrial has reported Tax Provisions for 17 years, with the latest figure at $5.4 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 17.39% year-over-year to $5.4 million; the trailing twelve-month figure through Mar 2026 stood at $26.4 million (up 34.69% YoY), and the FY2025 full-year result was $25.6 million, up 34.03% from the prior year.
- Tax Provisions for Q1 2026 stood at $5.4 million, up from $5.0 million in the prior quarter.
- The five-year high for Tax Provisions was $8.7 million in Q2 2025, with the low at $3.5 million in Q4 2024.
- Historically, Tax Provisions has averaged $5.9 million across 5 years, with a median of $6.1 million in 2023.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 630.0% — and 2024, when it tumbled 42.62%.
- Global Industrial's Tax Provisions 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 | 63.64 Bn | 63.46 Bn | 1.75 Bn | 141.00 Mn |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 108.60 Mn |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 146.00 Mn |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 43.10 Mn |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 23.70 Mn |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | -53.20 Mn |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 35.36 Mn |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 21.00 Mn |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 16.98 Mn |
| 10 | Global Industrial | 1.19 Bn | 1.13 Bn | 121.90 Mn | 5.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 3.50 Mn |