Nortech Systems (NSYS) Tax Provisions (2010 - 2026)
Nortech Systems recorded quarterly Tax Provisions of -$175000.0 in Q1 2026, up 18.98% quarter-over-quarter from -$216000.0 in Q4 2025, and up 65.75% year-over-year from -$105578.5 in Q1 2025.
Nortech Systems' Tax Provisions history runs 17 years deep, the most recent figure standing at -$175000.0 for Q1 2026.
- In Q1 2026, Tax Provisions rose 65.75% year-over-year to -$175000.0; the TTM figure through Mar 2026 stood at $599000.0 (up 158.67% YoY), while the FY2025 annual figure was $263000.0, up 191.64% from the prior year.
- Tax Provisions came in at -$175000.0 for Q1 2026 at Nortech Systems, up from -$216000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.1 million in Q4 2022 to a low of -$588000.0 in Q4 2024.
- A 5-year average of $79000.0 and a median of $56000.0 in 2024 frame the typical range for Tax Provisions.
- On a YoY basis, Tax Provisions climbed as much as 1360.71% in 2025 and fell as far as 329.15% in 2025.
- Nortech Systems' Tax Provisions stood at $1.1 million in 2022, then sank by 129.73% to -$314000.0 in 2023, then tumbled by 87.26% to -$588000.0 in 2024, then jumped by 63.27% to -$216000.0 in 2025, then climbed by 18.98% to -$175000.0 in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$175000.0, -$216000.0, and $818000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 372.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 105.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 254.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -176.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.30 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -51.51 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 70.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 94.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 84.20 Mn |
| 10 | Nortech Systems | 48.92 Mn | 46.72 Mn | 4.70 Mn | -175,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -175,000.00 |
| Dec 31, 2025 | -216,000.00 |
| Sep 30, 2025 | 818,000.00 |
| Jun 30, 2025 | 172,000.00 |
| Mar 31, 2025 | -511,000.00 |
| Dec 31, 2024 | -588,000.00 |
| Sep 30, 2024 | 56,000.00 |
| Jun 30, 2024 | 22,000.00 |
| Mar 31, 2024 | 223,000.00 |
| Dec 31, 2023 | -314,000.00 |
| Sep 30, 2023 | -213,000.00 |
| Jun 30, 2023 | 340,000.00 |
| Mar 31, 2023 | 262,000.00 |
| Dec 31, 2022 | 1.06 Mn |
| Sep 30, 2022 | 289,000.00 |
| Jun 30, 2022 | 189,000.00 |
| Mar 31, 2022 | -67,000.00 |
| Dec 31, 2021 | -205,000.00 |
| Sep 30, 2021 | 1.25 Mn |
| Jun 30, 2021 | 111,000.00 |
| Mar 31, 2021 | -707,000.00 |
| Dec 31, 2020 | -614,000.00 |
| Sep 30, 2020 | 612,000.00 |
| Jun 30, 2020 | -4,000.00 |
| Mar 31, 2020 | 30,000.00 |
| Dec 31, 2019 | 28,000.00 |
| Sep 30, 2019 | 44,000.00 |
| Jun 30, 2019 | 64,000.00 |
| Mar 31, 2019 | 14,000.00 |
| Dec 31, 2018 | -16,000.00 |
| Sep 30, 2018 | 115,000.00 |
| Jun 30, 2018 | 135,000.00 |
| Mar 31, 2018 | 99,000.00 |
| Dec 31, 2017 | 190,000.00 |
| Sep 30, 2017 | 69,000.00 |
| Jun 30, 2017 | -206,000.00 |
| Mar 31, 2017 | -4,000.00 |
| Dec 31, 2016 | 66,000.00 |
| Sep 30, 2016 | -13,000.00 |
| Jun 30, 2016 | -69,000.00 |
| Mar 31, 2016 | 26,000.00 |
| Dec 31, 2015 | 426,000.00 |
| Sep 30, 2015 | -76,000.00 |
| Jun 30, 2015 | -217,000.00 |
| Mar 31, 2015 | -104,000.00 |
| Dec 31, 2014 | -22,000.00 |
| Sep 30, 2014 | 38,000.00 |
| Jun 30, 2014 | -15,000.00 |
| Mar 31, 2014 | 50,000.00 |
| Dec 31, 2013 | -144,000.00 |
| Sep 30, 2013 | 87,000.00 |
| Jun 30, 2013 | 98,000.00 |
| Mar 31, 2013 | -21,000.00 |
| Dec 31, 2012 | 106,000.00 |
| Sep 30, 2012 | 57,000.00 |
| Jun 30, 2012 | 76,000.00 |
| Mar 31, 2012 | 59,000.00 |
| Dec 31, 2011 | -448,000.00 |
| Sep 30, 2011 | 98,000.00 |
| Jun 30, 2011 | 24,000.00 |
| Mar 31, 2011 | 313,000.00 |
| Dec 31, 2010 | -23,000.00 |
| Sep 30, 2010 | 93,000.00 |
| Jun 30, 2010 | 245,000.00 |