Next Technology Holding (NXTT) Tax Provisions (2020 - 2026)
Next Technology Holding (NXTT) posted quarterly Tax Provisions of -$13.2 million for Q2 2026, down 141.97% year-over-year from $31.5 million in Q2 2025, and up 51.53% quarter-over-quarter from -$27.3 million in Q1 2026.
Next Technology Holding (NXTT) Tax Provisions (2020 - 2026) Analysis & Trends
Next Technology Holding (NXTT) has reported Tax Provisions for 7 consecutive years, with -$13.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 141.97% year-over-year to -$13.2 million; the TTM figure through Jun 2026 stood at -$67.1 million (down 175.48% YoY), while the FY2025 annual figure was $56.4 million, up 584.73% from the prior year.
- Tax Provisions advanced to -$13.2 million in Q2 2026 per NXTT's latest filing, from -$27.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $51.4 million in Q1 2025 and bottomed at -$33.9 million in Q4 2025.
- Historically, Tax Provisions has averaged $1.4 million across 5 years, with a median of $32243.0 in 2023.
- On a YoY basis, Tax Provisions climbed as much as 95329.77% in 2024 and fell as far as 5811.04% in 2024.
- Next Technology Holding's Tax Provisions stood at -$36859.0 in 2022, then surged by 367.39% to $98556.0 in 2023, then jumped by 5550.01% to $5.6 million in 2024, then slumped by 708.08% to -$33.9 million in 2025, then soared by 60.93% to -$13.2 million in 2026.
- Business Quant data shows NXTT's Tax Provisions at -$13.2 million in Q2 2026, -$27.3 million in Q1 2026, and -$33.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Next Technology Holding | 9.62 Mn | -149.42 Mn | 353,827.00 | -13.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -13.23 Mn |
| Mar 31, 2026 | -27.29 Mn |
| Dec 31, 2025 | -33.86 Mn |
| Sep 30, 2025 | 7.30 Mn |
| Jun 30, 2025 | 31.52 Mn |
| Mar 31, 2025 | 51.42 Mn |
| Dec 31, 2024 | 5.57 Mn |
| Sep 30, 2024 | 364,730.00 |
| Jun 30, 2024 | -1.84 Mn |
| Mar 31, 2024 | 4.14 Mn |
| Dec 31, 2023 | 98,556.00 |
| Sep 30, 2023 | -383.00 |
| Jun 30, 2023 | 32,243.00 |
| Dec 31, 2022 | -36,859.00 |
| Sep 30, 2022 | -202,450.00 |
| Jun 30, 2022 | 4,869.00 |
| Mar 31, 2022 | 129,825.00 |
| Dec 31, 2021 | 1.60 Mn |
| Sep 30, 2021 | -104,109.00 |
| Jun 30, 2021 | 198,031.00 |