Newegg Commerce (NEGG) Tax Provisions (2010 - 2022)
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.
Newegg Commerce (NEGG) Tax Provisions (2010 - 2022) 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,933.58 Bn | 2,810.60 Bn | 198.88 Bn | 27.80 Bn |
| 2 | PDD Holdings | 507.43 Bn | 447.89 Bn | 9.83 Bn | -1.21 Bn |
| 3 | Mercadolibre | 97.88 Bn | 82.68 Bn | 4.16 Bn | 140.00 Mn |
| 4 | DoorDash | 93.00 Bn | 87.66 Bn | 2.35 Bn | 8.00 Mn |
| 5 | JD.com | 87.39 Bn | 58.21 Bn | 7.66 Bn | -183.00 Mn |
| 6 | Sea | 77.97 Bn | 69.45 Bn | 3.15 Bn | -214.00 Mn |
| 7 | Ebay | 47.63 Bn | 44.32 Bn | 2.30 Bn | 113.00 Mn |
| 8 | Coupang | 29.79 Bn | 23.68 Bn | 2.49 Bn | 37.00 Mn |
| 9 | Zkh | 16.19 Bn | 16.19 Bn | 51.11 Mn | -75,000.00 |
| 10 | Newegg Commerce | 378,947.76 | -108.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 20.70 Mn |
| Sep 30, 2022 | -2.97 Mn |
| Dec 31, 2021 | 4.30 Mn |
| Sep 30, 2021 | 244,000.00 |
| Dec 31, 2020 | -2.37 Mn |
| 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 |