Prime Medicine (PRME) Tax Provisions (2021 - 2024)

Prime Medicine (PRME) reported Tax Provisions of -$134000.0 for Q2 2024, down 532.26% on a YoY basis from $31000.0 in Q3 2023, and down 200.0% quarter-over-quarter from $134000.0 in Q1 2024.

Prime Medicine (PRME) Tax Provisions (2021 - 2024) Analysis & Trends

Prime Medicine has reported Tax Provisions for 4 years, with the latest figure at -$134000.0 in Q2 2024.

  • For the quarter ending Q2 2024, Tax Provisions fell 532.26% year-over-year to -$134000.0; the trailing twelve-month figure through Mar 2025 stood at -$134000.0 (down 335.09% YoY), and the FY2023 full-year result was -$279000.0, up 70.57% from the prior year.
  • Tax Provisions for Q2 2024 stood at -$134000.0, down from $134000.0 in the prior quarter.
  • The five-year high for Tax Provisions was $1.4 million in Q4 2021, with the low at -$2.4 million in Q3 2021.
  • Historically, Tax Provisions has averaged -$202727.3 across 4 years, with a median of -$134000.0 in 2024.
  • The largest YoY upside for Tax Provisions was 166.34% in 2024 against a maximum downside of 532.26% in 2024.
  • Prime Medicine's Tax Provisions stood at $1.4 million in 2021, then plunged by 113.61% to -$186000.0 in 2022, then jumped by 41.94% to -$108000.0 in 2023, then decreased by 24.07% to -$134000.0 in 2024.
  • The last three Tax Provisions figures came in at -$134000.0 (Q2 2024), $134000.0 (Q1 2024), and -$108000.0 (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -11.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 216,000.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -859,000.00
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 221.50 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Prime Medicine 572.02 Mn 572.02 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 -134,000.00
Mar 31, 2024 134,000.00
Sep 30, 2023 -108,000.00
Jun 30, 2023 31,000.00
Mar 31, 2023 -202,000.00
Dec 31, 2022 -186,000.00
Sep 30, 2022 212,000.00
Jun 30, 2022 -442,000.00
Mar 31, 2022 -532,000.00
Dec 31, 2021 1.37 Mn
Sep 30, 2021 -2.37 Mn