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
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 -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%