Newegg Commerce (NEGG) Tax Provisions (2010 - 2026)
Newegg Commerce (NEGG) posted Tax Provisions of $20.7 million for Q4 2022, up 797.71% sequentially from -$3.0 million in Q3 2022, and up 381.08% YoY from $4.3 million in Q4 2021.
Analysis
Newegg Commerce (NEGG) Tax Provisions (2010 - 2026) Analysis & Trends
Newegg Commerce has reported Tax Provisions for 6 years, with the latest figure at $20.7 million in Q4 2022.
- Quarterly Tax Provisions rose 381.08% year-over-year to $20.7 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $22.3 million (up 1031.26% YoY) and the FY2024 annual result came in at -$2.0 million, up 25.28% from the prior year.
- Tax Provisions improved to $20.7 million in Q4 2022 per NEGG's latest filing, from -$3.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $20.7 million in Q4 2022 and troughed at -$3.0 million in Q3 2022.
- A 3-year average of $3.3 million and a median of $20000.0 in 2020 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 381.08% in 2022, down 1315.98% in 2022.
- Over 3 years, Tax Provisions stood at -$2.4 million in 2020, then soared by 281.3% to $4.3 million in 2021, then surged by 381.08% to $20.7 million in 2022.
- According to Business Quant data, Tax Provisions over the past three periods registered $20.7 million, -$3.0 million, and $4.3 million for Q4 2022, Q3 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,746.20 Bn | 2,623.21 Bn | 198.88 Bn | 27.80 Bn |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn | -898.00 Mn |
| 3 | DoorDash | 98.95 Bn | 93.61 Bn | 2.35 Bn | 8.00 Mn |
| 4 | Mercadolibre | 98.90 Bn | 83.71 Bn | 4.16 Bn | 140.00 Mn |
| 5 | Sea | 67.51 Bn | 59.11 Bn | 3.55 Bn | -250.60 Mn |
| 6 | Ebay | 46.90 Bn | 43.59 Bn | 2.30 Bn | 113.00 Mn |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn | -476.00 Mn |
| 8 | Coupang | 28.35 Bn | 22.24 Bn | 2.49 Bn | 37.00 Mn |
| 9 | Wayfair | 12.44 Bn | 11.30 Bn | 1.05 Bn | 3.00 Mn |
| 10 | Newegg Commerce | 2.71 Mn | -80.38 Mn | 39.75 Mn | 90,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90,000.00 |
| Jun 30, 2025 | 522,000.00 |
| Dec 31, 2023 | 254,000.00 |
| Dec 31, 2022 | 20.73 Mn |
| Sep 30, 2022 | -2.97 Mn |
| Dec 31, 2021 | -8.43 Mn |
| Sep 30, 2021 | 244,000.00 |
| Dec 31, 2020 | 378,000.00 |
| Sep 30, 2020 | -204,000.00 |
| Dec 31, 2012 | -1.51 Mn |
| Sep 30, 2012 | 229,618.00 |
| Jun 30, 2012 | 319,420.00 |
| Mar 31, 2012 | 97,048.00 |
| Dec 31, 2011 | -1.32 Mn |
| Sep 30, 2011 | 270,758.00 |
| Jun 30, 2011 | 314,105.00 |
| Mar 31, 2011 | 82,537.00 |
| Dec 31, 2010 | 306,285.00 |
| Sep 30, 2010 | 245,569.00 |
| Jun 30, 2010 | 203,297.00 |