Newegg Commerce (NEGG) Tax Rate (2010 - 2026)

Newegg Commerce has reported Tax Rate for 6 years, with the latest figure at 221.5% in Q4 2022.

• Quarterly Tax Rate fell 1976.0% year-over-year to 221.5% in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 156.51% (down 16732.0% YoY) and the FY2024 annual result came in at 4.49%, up 14.0% from the prior year.
• Tax Rate slipped to 221.5% in Q4 2022 per NEGG's latest filing, from 25.9% in the prior quarter.
• Over five years, Tax Rate peaked at 25.9% in Q3 2022 and troughed at 221.5% in Q4 2022.
• A 3-year average of 72.66% and a median of 20.71% in 2020 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2021 and 2022: Tax Rate tumbled 16412 bps in 2021, then jumped 2310 bps in 2022.
• Over 3 years, Tax Rate stood at 37.61% in 2020, then sank by 436 bps to 201.73% in 2021, then dropped by 10 bps to 221.5% in 2022.
• According to Business Quant data, Tax Rate over the past three periods registered 221.5%, 25.9%, and 201.73% for Q4 2022, Q3 2022, and Q4 2021 respectively.