Next Technology Holding (NXTT) Tax Provisions (2020 - 2026)
Next Technology Holding's (NXTT) quarterly Tax Provisions came in at -$13.2 million in 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.
Analysis
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.
- On a quarterly basis, Tax Provisions fell 141.97% year-over-year to -$13.2 million in Q2 2026; TTM through Jun 2026 was -$67.1 million, a 175.48% decrease from a year earlier, with the FY2025 full-year figure at $56.4 million, up 584.73% from the prior year.
- Tax Provisions was -$13.2 million for Q2 2026 at Next Technology Holding, up from -$27.3 million in the prior quarter.
- Over five years, Tax Provisions peaked at $51.4 million in Q1 2025 and troughed at -$33.9 million in Q4 2025.
- A 5-year average of $1.4 million and a median of $32243.0 in 2023 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 95329.77% in 2024, down 5811.04% in 2024.
- Over 5 years, Tax Provisions stood at -$36859.0 in 2022, then soared by 367.39% to $98556.0 in 2023, then surged by 5550.01% to $5.6 million in 2024, then slumped by 708.08% to -$33.9 million in 2025, then jumped by 60.93% to -$13.2 million in 2026.
- The last three Tax Provisions figures came in at -$13.2 million (Q2 2026), -$27.3 million (Q1 2026), and -$33.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 343.00 Mn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 231.00 Mn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | 121.97 Mn |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | 37.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 19.43 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 17.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | -14.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 14.06 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | - |
| 10 | Next Technology Holding | 4.29 Mn | -154.76 Mn | 353,827.00 | -13.23 Mn |
Historic Data
Download Data
Historic 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 |