Wave Life Sciences (WVE) Tax Provisions (2014 - 2023)

Wave Life Sciences' (WVE) quarterly Tax Provisions came in at $23000.0 in Q4 2023, down 96.62% YoY from $681000.0 in Q4 2022, and up 103.29% on a QoQ basis from -$700000.0 in Q3 2023.

Wave Life Sciences (WVE) Tax Provisions (2014 - 2023) Analysis & Trends

Wave Life Sciences (WVE) has 9 years of Tax Provisions data on file, last reported at $23000.0 in Q4 2023.

  • Quarterly Tax Provisions fell 96.62% year-over-year to $23000.0 in Q4 2023, while the trailing twelve-month figure through Sep 2024 was $23000.0 (up 221.05% YoY) and the FY2023 annual result came in at -$677000.0, down 199.41% from the prior year.
  • Tax Provisions grew to $23000.0 in Q4 2023, from -$700000.0 in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $681000.0 in Q4 2022 to a low of -$841000.0 in Q4 2020.
  • A 4-year average of -$208200.0 and a median of -$204000.0 in 2021 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions soared 433.82% — and 2023, when it sank 96.62%.
  • Tracing WVE's Tax Provisions over 4 years: stood at -$841000.0 in 2020, then surged by 75.74% to -$204000.0 in 2021, then soared by 433.82% to $681000.0 in 2022, then slumped by 96.62% to $23000.0 in 2023.
  • The last three Tax Provisions figures came in at $23000.0 (Q4 2023), -$700000.0 (Q3 2023), and $681000.0 (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 292.00 Mn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 230.90 Mn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 59.00 Mn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 75.45 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 267.73
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 13.31 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 1.90 Mn
10 Wave Life Sciences 1.05 Bn 677.62 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 23,000.00
Sep 30, 2023 -677,000.00
Dec 31, 2022 681,000.00
Dec 31, 2021 -200,000.00
Dec 31, 2020 -841,000.00
Dec 31, 2018 -131,000.00
Mar 31, 2018 172,000.00
Dec 31, 2017 -1.10 Mn
Sep 30, 2017 -418,000.00
Jun 30, 2017 343,000.00
Mar 31, 2017 1.11 Mn
Dec 31, 2016 753,000.00
Sep 30, 2016 384,000.00
Jun 30, 2016 48,000.00
Mar 31, 2016 -5,000.00
Dec 31, 2015 -174,000.00
Sep 30, 2015 83,000.00
Jun 30, 2015 49,000.00
Mar 31, 2015 50,000.00
Dec 31, 2014 -10,000.00