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| 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 | -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 |