Newegg Commerce (NEGG) Tax Provisions (2010 - 2023)
Newegg Commerce's (NEGG) quarterly Tax Provisions came in at $254000.0 in Q4 2023, down 98.77% year-on-year from $20.7 million in Q4 2022, and down 98.77% quarter-over-quarter from $20.7 million in Q4 2022.
Newegg Commerce (NEGG) Tax Provisions (2010 - 2023) Analysis & Trends
Newegg Commerce has disclosed Tax Provisions across 7 years of filings, most recently posting $254000.0 for Q4 2023.
- Tax Provisions for Q4 2023 came in at $254000.0, down 98.77% year-over-year; the trailing twelve-month figure through Dec 2023 was $22.3 million (changed 0.04% YoY), and the FY2025 annual result was -$50000.0, changed N/A from the prior year.
- Tax Provisions came in at $254000.0 for Q4 2023 at Newegg Commerce, down from $20.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $20.7 million in Q4 2022 to a low of -$3.0 million in Q3 2022.
- The 4-year median for Tax Provisions is $249000.0 (2021), against an average of $3.7 million.
- Peak annual rise in Tax Provisions reached 381.66% in 2022, while the deepest fall reached 1315.98% in 2022.
- Newegg Commerce's Tax Provisions stood at -$204000.0 in 2020, then surged by 2209.31% to $4.3 million in 2021, then surged by 381.66% to $20.7 million in 2022, then slumped by 98.77% to $254000.0 in 2023.
- The last three Tax Provisions figures came in at $254000.0 (Q4 2023), $20.7 million (Q4 2022), and -$3.0 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 9.56 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 162.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 8.00 Mn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -1.21 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 106.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 11.00 Mn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -75,000.00 |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 1.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 44.00 Mn |
| 10 | Newegg Commerce | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 254,000.00 |
| Dec 31, 2022 | 20.73 Mn |
| Sep 30, 2022 | -2.97 Mn |
| Dec 31, 2021 | 4.30 Mn |
| Sep 30, 2021 | 244,000.00 |
| Sep 30, 2020 | -204,000.00 |
| Dec 31, 2012 | 216,710.00 |
| Sep 30, 2012 | 229,618.00 |
| Jun 30, 2012 | 319,420.00 |
| Mar 31, 2012 | 97,048.00 |
| Dec 31, 2011 | -11,103.00 |
| 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 |