Newegg Commerce, Inc. (NEGG) Tax Rate (2010 - 2023)

Newegg Commerce (NEGG) posted Tax Rate of 1.73% for Q4 2023, up 99.22% sequentially from 221.76% in Q4 2022, and up 22004.0% YoY from N/an in Q4 2022.

Newegg Commerce, Inc. (NEGG) Tax Rate (2010 - 2023) Analysis & Trends

Newegg Commerce (NEGG) has 7 years of Tax Rate data on file, last reported at 1.73% in Q4 2023.

  • Quarterly Tax Rate rose 22004.0% year-over-year to 1.73% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 43.45% (up 11323.0% YoY) and the FY2025 annual result came in at 1.74%, changed N/A from the prior year.
  • Tax Rate rose to 1.73% in Q4 2023 per NEGG's latest filing, from 221.76% in the prior quarter.
  • The five-year high for Tax Rate was 25.9% in Q3 2022, with the low at 221.76% in Q4 2022.
  • Average Tax Rate over 4 years is 66.72%, with a median of 2.77% recorded in 2020.
  • Year-over-year, Tax Rate tumbled 2003 bps in 2022 and surged 22004 bps in 2023.
  • Newegg Commerce's Tax Rate stood at 3.81% in 2020, then plunged by 5192 bps to 201.73% in 2021, then decreased by 10 bps to 221.76% in 2022, then surged by 99 bps to 1.73% in 2023.
  • Business Quant data shows NEGG's Tax Rate at 1.73% in Q4 2023, 221.76% in Q4 2022, and 25.9% in Q3 2022.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2023 -1.73
Dec 31, 2023 -1.73
Dec 31, 2022 -221.76
Dec 31, 2022 -221.76
Sep 30, 2022 25.90
Sep 30, 2022 25.90
Dec 31, 2021 -192.33
Dec 31, 2021 -192.33
Sep 30, 2021 2.81
Sep 30, 2021 2.81
Sep 30, 2020 -3.81
Sep 30, 2020 -3.81
Dec 31, 2012 37.27
Dec 31, 2012 37.27
Sep 30, 2012 18.05
Sep 30, 2012 18.05
Jun 30, 2012 15.99
Jun 30, 2012 15.99
Mar 31, 2012 42.63
Mar 31, 2012 42.63