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-on-year from $31.5 million in Q2 2025, and up 51.53% on a QoQ basis 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.
- Quarterly Tax Provisions fell 141.97% year-over-year to -$13.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$67.1 million (down 175.48% YoY) and the FY2025 annual result came in at $56.4 million, up 584.73% from the prior year.
- Tax Provisions rose to -$13.2 million in Q2 2026 per NXTT's latest filing, from -$27.3 million in the prior quarter.
- Over the last five years, Tax Provisions for NXTT reached as high as $51.4 million in Q1 2025 and fell as low as -$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 largest YoY upside for Tax Provisions was 95329.77% in 2024 against a maximum downside of 5811.04% in 2024.
- Year by year, 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 tumbled by 708.08% to -$33.9 million in 2025, then soared by 60.93% to -$13.2 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$13.2 million, -$27.3 million, and -$33.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -936.60 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -32.53 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -53.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 194.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 614.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 140.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 422.00 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -1.09 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 92.44 Mn |
| 10 | Next Technology Holding | 21,080.94 | -159.70 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 |