Nortech Systems (NSYS) Tax Provisions (2010 - 2026)
Nortech Systems' (NSYS) quarterly Tax Provisions came in at -$175000.0 in Q1 2026, up 65.75% year-over-year from -$105578.5 in Q1 2025, and down 164.1% quarter-over-quarter from $273000.0 in Q4 2025.
Analysis
Nortech Systems (NSYS) Tax Provisions (2010 - 2026) Analysis & Trends
Nortech Systems has disclosed Tax Provisions across 17 years of filings, most recently posting -$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 $1.1 million (up 1177.23% YoY), while the FY2025 annual figure was $752000.0, up 18.8% from the prior year.
- Tax Provisions came in at -$175000.0 for Q1 2026 at Nortech Systems, down from $273000.0 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 -$1.8 million in Q4 2023.
- Average Tax Provisions over 5 years is $74647.1, with a median of $189000.0 recorded in 2022.
- The largest YoY upside for Tax Provisions was 1360.71% in 2025 against a maximum downside of 329.15% in 2025.
- Over 5 years, Tax Provisions stood at $1.1 million in 2022, then slumped by 270.17% to -$1.8 million in 2023, then soared by 118.48% to $332000.0 in 2024, then fell by 17.77% to $273000.0 in 2025, then tumbled by 164.1% to -$175000.0 in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$175000.0 in Q1 2026, $273000.0 in Q4 2025, and $818000.0 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.74 Bn | 82.41 Bn | 2.68 Bn | 183.00 Mn |
| 2 | Illinois Tool Works | 75.84 Bn | 75.00 Bn | 1.90 Bn | 265.00 Mn |
| 3 | Ametek | 54.24 Bn | 53.75 Bn | 735.04 Mn | 85.48 Mn |
| 4 | Rockwell Automation | 47.55 Bn | 47.07 Bn | 1.14 Bn | 62.00 Mn |
| 5 | Mettler Toledo International | 26.13 Bn | 26.08 Bn | 650.22 Mn | 56.50 Mn |
| 6 | Dover | 25.86 Bn | 24.10 Bn | 880.61 Mn | 75.15 Mn |
| 7 | Nordson | 17.56 Bn | 17.44 Bn | 453.73 Mn | 33.09 Mn |
| 8 | Fortive | 17.13 Bn | 16.76 Bn | 695.30 Mn | 22.20 Mn |
| 9 | RBC Bearings | 15.38 Bn | 15.26 Bn | 247.80 Mn | 28.70 Mn |
| 10 | Nortech Systems | 32.54 Mn | 30.87 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -175,000.00 |
| Dec 31, 2025 | 273,000.00 |
| Sep 30, 2025 | 818,000.00 |
| Jun 30, 2025 | 172,000.00 |
| Mar 31, 2025 | -511,000.00 |
| Dec 31, 2024 | 332,000.00 |
| Sep 30, 2024 | 56,000.00 |
| Jun 30, 2024 | 22,000.00 |
| Mar 31, 2024 | 223,000.00 |
| Dec 31, 2023 | -1.80 Mn |
| 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 | 960,000.00 |
| Sep 30, 2021 | 1.25 Mn |
| Jun 30, 2021 | 111,000.00 |