Rekor Systems (REKR) Tax Provisions (2016 - 2023)
Rekor Systems' (REKR) quarterly Tax Provisions came in at $19000.0 in Q4 2023, up 157.58% YoY from $7376.5 in Q4 2022, and up 157.58% on a QoQ basis from -$33000.0 in Q4 2022.
Rekor Systems (REKR) Tax Provisions (2016 - 2023) Analysis & Trends
Rekor Systems (REKR) has 8 years of Tax Provisions data on file, last reported at $19000.0 in Q4 2023.
- Quarterly Tax Provisions rose 157.58% year-over-year to $19000.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $19000.0 (up 101.93% YoY) and the FY2025 annual result came in at -$6.6 million, down 47228.57% from the prior year.
- Tax Provisions advanced to $19000.0 in Q4 2023, from -$33000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $43000.0 in Q4 2020 to a low of -$954000.0 in Q3 2022.
- A 5-year average of -$57133.3 and a median of $7000.0 in 2020 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2020 — Tax Provisions jumped 258.33% — and 2022, when it slumped 31900.0%.
- Tracing REKR's Tax Provisions over 5 years: stood at $12000.0 in 2019, then jumped by 258.33% to $43000.0 in 2020, then plunged by 90.7% to $4000.0 in 2021, then sank by 925.0% to -$33000.0 in 2022, then jumped by 157.58% to $19000.0 in 2023.
- The last three Tax Provisions figures came in at $19000.0 (Q4 2023), -$33000.0 (Q4 2022), and -$954000.0 (Q3 2022), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.94 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.38 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -555.00 Mn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 21.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 115.00 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 2.04 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 14.34 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 62.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 214.41 Mn |
| 10 | Rekor Systems | 83.38 Mn | 73.34 Mn | 7.11 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 19,000.00 |
| Dec 31, 2022 | -33,000.00 |
| Sep 30, 2022 | -954,000.00 |
| Dec 31, 2021 | 4,000.00 |
| Sep 30, 2021 | 3,000.00 |
| Jun 30, 2021 | 3,000.00 |
| Mar 31, 2021 | 3,000.00 |
| Dec 31, 2020 | 43,000.00 |
| Sep 30, 2020 | -7,000.00 |
| Jun 30, 2020 | 7,000.00 |
| Mar 31, 2020 | 7,000.00 |
| Dec 31, 2019 | 12,000.00 |
| Sep 30, 2019 | 12,000.00 |
| Jun 30, 2019 | 12,000.00 |
| Mar 31, 2019 | 12,000.00 |
| Dec 31, 2018 | 29,000.00 |
| Dec 31, 2017 | 669,711.00 |
| Sep 30, 2017 | -225,142.00 |
| Jun 30, 2017 | -318,801.00 |
| Mar 31, 2017 | -318,801.00 |