Newegg Commerce (NEGG) Deferred Taxes (2020 - 2023)
Newegg Commerce (NEGG) posted Deferred Taxes of $1.3 million for Q4 2023, up 4957.69% sequentially from -$26000.0 in Q3 2023, and down 93.41% YoY from $19.2 million in Q4 2022.
Newegg Commerce (NEGG) Deferred Taxes (2020 - 2023) Analysis & Trends
Newegg Commerce has reported Deferred Taxes for 4 years, with the latest figure at $1.3 million in Q4 2023.
- Quarterly Deferred Taxes fell 93.41% year-over-year to $1.3 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $20.4 million (up 213.79% YoY) and the FY2025 annual result came in at $475000.0, down 38.55% from the prior year.
- Deferred Taxes climbed to $1.3 million in Q4 2023 per NEGG's latest filing, from -$26000.0 in the prior quarter.
- Over five years, Deferred Taxes peaked at $19.2 million in Q4 2022 and troughed at -$12.7 million in Q4 2021.
- A 4-year average of $935500.0 and a median of $29000.0 in 2021 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2021 and 2022: Deferred Taxes tumbled 2654.73% in 2021, then surged 380.0% in 2022.
- Over 4 years, Deferred Taxes stood at $497000.0 in 2020, then sank by 2654.73% to -$12.7 million in 2021, then surged by 250.84% to $19.2 million in 2022, then sank by 93.41% to $1.3 million in 2023.
- According to Business Quant data, Deferred Taxes over the past three periods registered $1.3 million, -$26000.0, and $19.2 million for Q4 2023, Q3 2023, and Q4 2022 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,938.11 Bn | 2,815.12 Bn | 198.88 Bn | 30.49 Bn |
| 2 | PDD Holdings | 506.15 Bn | 446.60 Bn | 9.83 Bn | - |
| 3 | Mercadolibre | 98.09 Bn | 82.90 Bn | 4.16 Bn | -345.00 Mn |
| 4 | DoorDash | 93.45 Bn | 88.10 Bn | 2.35 Bn | - |
| 5 | JD.com | 87.02 Bn | 57.84 Bn | 7.66 Bn | - |
| 6 | Sea | 77.91 Bn | 69.39 Bn | 3.15 Bn | - |
| 7 | Ebay | 47.32 Bn | 44.01 Bn | 2.30 Bn | 22.00 Mn |
| 8 | Coupang | 29.67 Bn | 23.56 Bn | 2.49 Bn | -42.00 Mn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | - |
| 10 | Newegg Commerce | 375,327.24 | -108.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 1.26 Mn |
| Sep 30, 2023 | -26,000.00 |
| Dec 31, 2022 | 19.15 Mn |
| Sep 30, 2022 | 48,000.00 |
| Dec 31, 2021 | -12.70 Mn |
| Sep 30, 2021 | 10,000.00 |
| Dec 31, 2020 | 497,000.00 |
| Sep 30, 2020 | -763,000.00 |