Quantum X Labs (QXL) Tax Provisions (2019 - 2026)
Quantum X Labs (QXL) posted quarterly Tax Provisions of -$2.3 million for Q4 2025, down 1189.67% year-over-year from $213000.0 in Q4 2024, and down 566.95% quarter-over-quarter from -$348000.0 in Q3 2025.
Quantum X Labs (QXL) Tax Provisions (2019 - 2026) Analysis & Trends
Quantum X Labs (QXL) has reported Tax Provisions for 7 consecutive years, with -$2.3 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Tax Provisions fell 1189.67% year-over-year to -$2.3 million; the TTM figure through Dec 2025 stood at -$2.8 million (down 2254.2% YoY), while the FY2025 annual figure was -$2.8 million, down 2254.2% from the prior year.
- Tax Provisions declined to -$2.3 million in Q4 2025 per QXL's latest filing, from -$348000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $213000.0 in Q4 2024 and bottomed at -$2.3 million in Q4 2025.
- Historically, Tax Provisions has averaged -$207578.9 across 5 years, with a median of -$24000.0 in 2024.
- Annual changes were most pronounced in 2023 — Tax Provisions surged 478.26% — and 2025, when it slumped 2900.0%.
- Quantum X Labs' Tax Provisions stood at -$261000.0 in 2021, then plunged by 223.75% to -$845000.0 in 2022, then surged by 67.57% to -$274000.0 in 2023, then surged by 177.74% to $213000.0 in 2024, then sank by 1189.67% to -$2.3 million in 2025.
- Business Quant data shows QXL's Tax Provisions at -$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 | 222.17 Bn | 210.81 Bn | 9.91 Bn | 313.00 Mn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 761.94 Mn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 343.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 121.97 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 231.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 63.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 123.90 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | -103.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 95.00 Mn |
| 10 | Quantum X Labs | 69.46 Mn | 66.98 Mn | 193,000.00 | -94,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -94,000.00 |
| 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 |