Johnson & Johnson (JNJ) Deferred Taxes (2009 - 2026)
Johnson & Johnson's (JNJ) quarterly Deferred Taxes came in at -$479.0 million in Q2 2026, down 158.06% year-over-year from $825.0 million in Q2 2025, and down 401.26% quarter-over-quarter from $159.0 million in Q1 2026.
Analysis
Johnson & Johnson (JNJ) Deferred Taxes (2009 - 2026) Analysis & Trends
Johnson & Johnson has disclosed Deferred Taxes across 18 years of filings, most recently posting -$479.0 million for Q2 2026.
- In Q2 2026, Deferred Taxes fell 158.06% year-over-year to -$479.0 million; the TTM figure through Jun 2026 stood at -$1.8 billion (down 157.93% YoY), while the FY2025 annual figure was $1.5 billion, up 170.45% from the prior year.
- Deferred Taxes came in at -$479.0 million for Q2 2026 at Johnson & Johnson, down from $159.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $2.2 billion in Q3 2025 to a low of -$3.7 billion in Q4 2025.
- Average Deferred Taxes over 5 years is -$324.0 million, with a median of -$247.5 million recorded in 2024.
- The largest YoY upside for Deferred Taxes was 2364.44% in 2025 against a maximum downside of 22881.25% in 2025.
- Over 5 years, Deferred Taxes stood at -$926.0 million in 2022, then tumbled by 160.48% to -$2.4 billion in 2023, then jumped by 99.34% to -$16.0 million in 2024, then plunged by 22881.25% to -$3.7 billion in 2025, then soared by 86.97% to -$479.0 million in 2026.
- Per Business Quant data, the three most recent Deferred Taxes figures were -$479.0 million in Q2 2026, $159.0 million in Q1 2026, and -$3.7 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | -479.00 Mn |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | -195.00 Mn |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | -544.00 Mn |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | - |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | -1.32 Bn |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | - |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | - |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | 115.62 Mn |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | 25.70 Mn |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | -25.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | -479.00 Mn |
| Mar 29, 2026 | 159.00 Mn |
| Dec 28, 2025 | -3.68 Bn |
| Sep 28, 2025 | 2.22 Bn |
| Jun 29, 2025 | 825.00 Mn |
| Mar 30, 2025 | 2.17 Bn |
| Dec 29, 2024 | -16.00 Mn |
| Sep 29, 2024 | 90.00 Mn |
| Jun 30, 2024 | -695.00 Mn |
| Mar 31, 2024 | -1.56 Bn |
| Dec 31, 2023 | -2.41 Bn |
| Oct 1, 2023 | 560.00 Mn |
| Jul 2, 2023 | -799.00 Mn |
| Apr 2, 2023 | -1.54 Bn |
| Jan 1, 2023 | 901.00 Mn |
| Apr 3, 2022 | -926.00 Mn |
| Oct 3, 2021 | -1.88 Bn |
| Jul 4, 2021 | 45.00 Mn |
| Apr 4, 2021 | -730.00 Mn |
| Jan 3, 2021 | -903.00 Mn |