Newegg Commerce (NEGG) Tax Rate (2010 - 2023)
Newegg Commerce's (NEGG) quarterly Tax Rate came in at 1.73% in Q4 2023, up 22004.0% year-on-year from N/an in Q4 2022, and up 99.22% quarter-over-quarter from 221.76% in Q4 2022.
Newegg Commerce (NEGG) Tax Rate (2010 - 2023) Analysis & Trends
Newegg Commerce has disclosed Tax Rate across 7 years of filings, most recently posting 1.73% for Q4 2023.
- Tax Rate for Q4 2023 came in at 1.73%, up 22004.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 43.45% (up 11323.0% YoY), and the FY2025 annual result was 1.74%, changed N/A from the prior year.
- Tax Rate came in at 1.73% for Q4 2023 at Newegg Commerce, up from 221.76% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 25.9% in Q3 2022 to a low of 221.76% in Q4 2022.
- The 4-year median for Tax Rate is 2.77% (2020), against an average of 66.72%.
- Across the five-year window, Tax Rate sank 2003 bps in 2022 and jumped 22004 bps in 2023, its largest moves.
- Newegg Commerce's Tax Rate stood at 3.81% in 2020, then tumbled by 5192 bps to 201.73% in 2021, then declined by 10 bps to 221.76% in 2022, then surged by 99 bps to 1.73% in 2023.
- The last three Tax Rate figures came in at 1.73% (Q4 2023), 221.76% (Q4 2022), and 25.9% (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 24.00% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 27.98% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.19% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -30.47% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 17.15% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -4.31% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 5.40% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -0.96% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 23.40% |
| 10 | Newegg Commerce | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -201.73% |
| Dec 31, 2021 | -201.73% |
| 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% |