Xeris Biopharma Holdings (XERS) Tax Provisions (2022 - 2024)
Xeris Biopharma Holdings' (XERS) quarterly Tax Provisions came in at -$3.3 million in Q3 2024, down 883.43% on a YoY basis from $424287.0 in Q4 2023, and down 543.79% quarter-over-quarter from $749000.0 in Q2 2024.
Analysis
Xeris Biopharma Holdings (XERS) Tax Provisions (2022 - 2024) Analysis & Trends
Xeris Biopharma Holdings (XERS) has reported Tax Provisions for 3 consecutive years, with -$3.3 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Tax Provisions fell 883.43% year-over-year to -$3.3 million; the trailing twelve-month figure through Jun 2025 stood at -$3.3 million (down 789.63% YoY), and the FY2024 full-year result was -$2.3 million, down 81.59% from the prior year.
- Tax Provisions retreated to -$3.3 million in Q3 2024 per XERS's latest filing, from $749000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $749000.0 in Q2 2024 and bottomed at -$3.3 million in Q3 2024.
- Historically, Tax Provisions has averaged -$494100.0 across 3 years, with a median of -$338500.0 in 2022.
- The widest YoY moves for Tax Provisions: up 210.96% in 2024, down 883.43% in 2024.
- Over 3 years, Tax Provisions stood at -$338000.0 in 2022, then jumped by 30.18% to -$236000.0 in 2023, then slumped by 1308.47% to -$3.3 million in 2024.
- According to Business Quant data, Tax Provisions over the past three periods registered -$3.3 million, $749000.0, and $307000.0 for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 648.02 Bn | 627.27 Bn | 17.26 Bn | 1.21 Bn |
| 2 | AbbVie | 442.19 Bn | 435.62 Bn | 12.70 Bn | 662.00 Mn |
| 3 | Merck | 364.99 Bn | 357.85 Bn | 12.21 Bn | 654.00 Mn |
| 4 | Novartis Ag | 267.21 Bn | 259.52 Bn | 11.24 Bn | -1.01 Bn |
| 5 | Pfizer | 158.83 Bn | 147.13 Bn | 10.94 Bn | -407.00 Mn |
| 6 | Sanofi | 52.58 Bn | 45.20 Bn | 10.79 Bn | -524.23 Mn |
| 7 | Revolution Medicines | 44.25 Bn | 44.25 Bn | - | - |
| 8 | Incyte | 25.33 Bn | 20.80 Bn | 1.57 Bn | 165.91 Mn |
| 9 | United Therapeutics | 21.28 Bn | 18.62 Bn | 683.80 Mn | 39.70 Mn |
| 10 | Xeris Biopharma Holdings | 1.46 Bn | 1.33 Bn | 79.59 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -3.32 Mn |
| Jun 30, 2024 | 749,000.00 |
| Mar 31, 2024 | 307,000.00 |
| Dec 31, 2023 | -236,000.00 |
| Sep 30, 2023 | -338,000.00 |
| Jun 30, 2023 | -675,000.00 |
| Dec 31, 2022 | -338,000.00 |
| Sep 30, 2022 | -339,000.00 |
| Jun 30, 2022 | -339,000.00 |
| Mar 31, 2022 | -408,000.00 |