Modular Medical (MODD) Tax Provisions (2020 - 2026)
Modular Medical's (MODD) quarterly Tax Provisions came in at -$6.0 million in Q1 2026, down 50.67% on a YoY basis from -$12.1 million in Q1 2025, and down 298050.0% quarter-over-quarter from $2000.0 in Q3 2025.
Analysis
Modular Medical (MODD) Tax Provisions (2020 - 2026) Analysis & Trends
Modular Medical (MODD) has reported Tax Provisions for 7 consecutive years, with -$6.0 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 50.67% year-over-year to -$6.0 million; the trailing twelve-month figure through Mar 2026 stood at -$9.9 million (down 150.75% YoY), and the FY2026 full-year result was -$6.0 million, down 50.7% from the prior year.
- Tax Provisions declined to -$6.0 million in Q1 2026 per MODD's latest filing, from $2000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $2000.0 in Q3 2022 and bottomed at -$6.0 million in Q1 2026.
- Historically, Tax Provisions has averaged -$1.7 million across 5 years, with a median of $2000.0 in 2022.
- The sharpest annual moves came in 2022 and 2026: Tax Provisions gained 25.0% in 2022, then tumbled 50.67% in 2026.
- Over 5 years, Tax Provisions stood at $2000.0 in 2022, then changed by 0.0% to $2000.0 in 2023, then changed by 0.0% to $2000.0 in 2024, then changed by 0.0% to $2000.0 in 2025, then plunged by 298050.0% to -$6.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$6.0 million, $2000.0, and -$4.0 million for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 596.00 Mn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 231.40 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 289.00 Mn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 288.00 Mn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 155.00 Mn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 278.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 46.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 68.40 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 72.50 Mn |
| 10 | Modular Medical | 15.54 Mn | 11.62 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -5.96 Mn |
| Sep 30, 2025 | 2,000.00 |
| Mar 31, 2025 | -3.96 Mn |
| Sep 30, 2024 | 2,000.00 |
| Sep 30, 2023 | 2,000.00 |
| Sep 30, 2022 | 2,000.00 |
| Sep 30, 2021 | 1,600.00 |
| Sep 30, 2020 | 1,600.00 |