Marimed (MRMD) Tax Provisions (2018 - 2026)
Marimed (MRMD) posted quarterly Tax Provisions of $2.7 million for Q1 2026, down 6.36% year-over-year from $2.8 million in Q1 2025, and up 198.66% quarter-over-quarter from -$2.7 million in Q4 2025.
Marimed (MRMD) Tax Provisions (2018 - 2026) Analysis & Trends
Marimed (MRMD) has reported Tax Provisions for 9 consecutive years, with $2.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 6.36% year-over-year to $2.7 million; the TTM figure through Mar 2026 stood at $3.4 million (down 63.29% YoY), while the FY2025 annual figure was $3.6 million, down 55.95% from the prior year.
- Tax Provisions climbed to $2.7 million in Q1 2026 per MRMD's latest filing, from -$2.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $4.9 million in Q4 2024 and bottomed at -$2.7 million in Q4 2025.
- Historically, Tax Provisions has averaged $1.7 million across 5 years, with a median of $1.9 million in 2023.
- Annual changes were most pronounced in 2024 — Tax Provisions soared 872.1% — and 2025, when it slumped 154.3%.
- Marimed's Tax Provisions stood at -$2.0 million in 2022, then jumped by 125.53% to $509000.0 in 2023, then jumped by 872.1% to $4.9 million in 2024, then plunged by 154.3% to -$2.7 million in 2025, then surged by 198.66% to $2.7 million in 2026.
- Business Quant data shows MRMD's Tax Provisions at $2.7 million in Q1 2026, -$2.7 million in Q4 2025, and $2.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.51 Bn | 43.55 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.52 Bn | 39.86 Bn | 2.15 Bn | 121.00 Mn |
| 3 | Zoetis | 32.43 Bn | 30.75 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.63 Bn | 22.83 Bn | 5.10 Bn | -310.32 Mn |
| 5 | United Therapeutics | 21.87 Bn | 19.21 Bn | 683.80 Mn | 39.70 Mn |
| 6 | Viatris | 18.98 Bn | 18.09 Bn | 1.46 Bn | 54.80 Mn |
| 7 | Neurocrine Biosciences | 15.43 Bn | 15.04 Bn | 935.80 Mn | 17.80 Mn |
| 8 | Elanco Animal Health | 12.02 Bn | 11.49 Bn | 798.00 Mn | 2.00 Mn |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | - |
| 10 | Marimed | 33.57 Mn | 25.13 Mn | 16.23 Mn | 2.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.02 Mn |
| Mar 31, 2026 | 2.65 Mn |
| Dec 31, 2025 | -2.69 Mn |
| Sep 30, 2025 | 2.76 Mn |
| Jun 30, 2025 | 691,000.00 |
| Mar 31, 2025 | 2.83 Mn |
| Dec 31, 2024 | 4.95 Mn |
| Sep 30, 2024 | 655,000.00 |
| Jun 30, 2024 | 866,000.00 |
| Mar 31, 2024 | 1.69 Mn |
| Dec 31, 2023 | 509,000.00 |
| Sep 30, 2023 | 4.46 Mn |
| Jun 30, 2023 | 1.95 Mn |
| Mar 31, 2023 | 2.49 Mn |
| Dec 31, 2022 | -1.99 Mn |
| Sep 30, 2022 | 2.48 Mn |
| Jun 30, 2022 | 1.75 Mn |
| Mar 31, 2022 | 3.66 Mn |
| Dec 31, 2021 | 7.17 Mn |
| Sep 30, 2021 | 4.01 Mn |