Quantum X Labs (QXL) Tax Provisions (2019 - 2025)
Quantum X Labs' (QXL) quarterly Tax Provisions came in at -$2.3 million in Q4 2025, down 1189.67% year-on-year from $213000.0 in Q4 2024, and down 566.95% on a QoQ basis from -$348000.0 in Q3 2025.
Quantum X Labs (QXL) Tax Provisions (2019 - 2025) Analysis & Trends
Quantum X Labs (QXL) has 7 years of Tax Provisions data on file, last reported at -$2.3 million in Q4 2025.
- On a quarterly basis, Tax Provisions fell 1189.67% year-over-year to -$2.3 million in Q4 2025; TTM through Dec 2025 was -$2.8 million, a 2254.2% decrease from a year earlier, with the FY2025 full-year figure at -$2.8 million, down 2254.2% from the prior year.
- Tax Provisions for Q4 2025 stood at -$2.3 million, down from -$348000.0 in the prior quarter.
- Over the last five years, Tax Provisions for QXL reached as high as $213000.0 in Q4 2024 and fell as low as -$2.3 million in Q4 2025.
- Historically, Tax Provisions has averaged -$207578.9 across 5 years, with a median of -$24000.0 in 2024.
- Across the five-year window, Tax Provisions soared 478.26% in 2023 and plunged 2900.0% in 2025, its largest moves.
- Year by year, Tax Provisions stood at -$261000.0 in 2021, then plunged by 223.75% to -$845000.0 in 2022, then jumped by 67.57% to -$274000.0 in 2023, then jumped by 177.74% to $213000.0 in 2024, then sank by 1189.67% to -$2.3 million in 2025.
- Per Business Quant data, the three most recent Tax Provisions figures were -$2.3 million in Q4 2025, -$348000.0 in Q3 2025, and -$125000.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 313.00 Mn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 761.94 Mn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -15.76 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 343.00 Mn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 126.12 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 106.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 208.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -103.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 64.30 Mn |
| 10 | Quantum X Labs | 45.34 Mn | 44.72 Mn | - | -2.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.32 Mn |
| Sep 30, 2025 | -348,000.00 |
| Jun 30, 2025 | -125,000.00 |
| Mar 31, 2025 | -28,000.00 |
| Dec 31, 2024 | 213,000.00 |
| Sep 30, 2024 | -59,000.00 |
| Jun 30, 2024 | -24,000.00 |
| Mar 31, 2024 | 1,000.00 |
| Dec 31, 2023 | -274,000.00 |
| Sep 30, 2023 | -131,000.00 |
| Jun 30, 2023 | 87,000.00 |
| Mar 31, 2023 | 84,000.00 |
| Dec 31, 2022 | -845,000.00 |
| Sep 30, 2022 | 55,000.00 |
| Jun 30, 2022 | -23,000.00 |
| Mar 31, 2022 | 31,000.00 |
| Dec 31, 2021 | -261,000.00 |
| Sep 30, 2021 | 23,000.00 |
| Jun 30, 2021 | 1,000.00 |
| Mar 31, 2020 | 2,000.00 |