Pfizer (PFE) Tax Provisions (2009 - 2026)
Pfizer's (PFE) quarterly Tax Provisions came in at -$407.0 million in Q2 2026, down 388.65% year-over-year from $141.0 million in Q2 2025, and down 188.29% quarter-over-quarter from $461.0 million in Q1 2026.
Analysis
Pfizer (PFE) Tax Provisions (2009 - 2026) Analysis & Trends
Pfizer (PFE) has reported Tax Provisions for 18 consecutive years, with -$407.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions fell 388.65% year-over-year to -$407.0 million in Q2 2026; TTM through Jun 2026 was -$164.0 million, a 177.73% decrease from a year earlier, with the FY2025 full-year figure at -$266.0 million, down 850.0% from the prior year.
- Tax Provisions was -$407.0 million for Q2 2026 at Pfizer, down from $461.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $1.6 billion in Q3 2022 and troughed at -$795.0 million in Q4 2023.
- A 5-year average of $209.4 million and a median of $69.5 million in 2025 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 343.92% in 2026, down 388.65% in 2026.
- Over 5 years, Tax Provisions stood at $1.6 billion in 2022, then tumbled by 150.64% to -$795.0 million in 2023, then soared by 149.43% to $393.0 million in 2024, then slumped by 100.51% to -$2.0 million in 2025, then tumbled by 20250.0% to -$407.0 million in 2026.
- The last three Tax Provisions figures came in at -$407.0 million (Q2 2026), $461.0 million (Q1 2026), and -$2.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | 1.21 Bn |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | 662.00 Mn |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | 654.00 Mn |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | -1.01 Bn |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | -407.00 Mn |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | -524.23 Mn |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | - |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | 165.91 Mn |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | 39.70 Mn |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | 17.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | -407.00 Mn |
| Mar 29, 2026 | 461.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 28, 2025 | -216.00 Mn |
| Jun 29, 2025 | 141.00 Mn |
| Mar 30, 2025 | -189.00 Mn |
| Sep 29, 2024 | 393.00 Mn |
| Jun 30, 2024 | -134.00 Mn |
| Mar 31, 2024 | 293.00 Mn |
| Dec 31, 2023 | -795.00 Mn |
| Jul 2, 2023 | -71.00 Mn |
| Apr 2, 2023 | 715.00 Mn |
| Jul 3, 2022 | 1.57 Bn |
| Apr 3, 2022 | 1.17 Bn |
| Oct 3, 2021 | 1.60 Bn |
| Jul 4, 2021 | 1.12 Bn |
| Apr 4, 2021 | 808.00 Mn |
| Sep 27, 2020 | 434.00 Mn |
| Jun 28, 2020 | 422.00 Mn |
| Mar 29, 2020 | 359.00 Mn |