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Myriad Genetics MYGN Increase Decrease In Prepaid Taxes

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Other financials

Income statement

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Revenue$200.4M+2.3%
Gross profit$137.6M+2.5%
Operating income-$30.7M-5.9%
Net income-$34.1M-34,000%
EPS (diluted)-$0.36

Balance sheet

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Cash & equivalents$126.0M+24.8%
Total debt$211.5M+34.2%
Total equity$337.4M-52.1%
Total assets$673.7M-33.0%

Cash flow

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Operating cash flow-$15.7M+3.7%
CapEx$18.8M+181%
Free cash flow-$19.7M+65.1%

Valuation

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Market cap$512.85M+13.1%
Enterprise value$598.35M+17.3%
P/S0.6×+0.1×

Profitability

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Gross margin70%0.0pp
Operating margin-46.9%-88.3pp
Net margin-48.2%-72.9pp
FCF margin-17%

Returns & leverage

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Return on equity-76.7%-98.4pp
Debt / equity0.6×+0.4×
Current ratio2.4×+0.5×

Where this comes from

Reported directly by Myriad Genetics in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidTaxes.

The official record: Myriad Genetics’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Myriad Genetics's increase decrease in prepaid taxes?
Myriad Genetics (MYGN) reported increase decrease in prepaid taxes of -$10M in Q1 2026.
How has Myriad Genetics's increase decrease in prepaid taxes changed year-over-year?
Myriad Genetics's increase decrease in prepaid taxes decreased by 376.2% year-over-year, from -$2.1M to -$10M.
What is the long-term trend for Myriad Genetics's increase decrease in prepaid taxes?
Over 2 years (2022 to 2025), Myriad Genetics's increase decrease in prepaid taxes has grown at a 150.7% compound annual growth rate (CAGR), from -$700K to -$4.4M.
What does increase decrease in prepaid taxes mean?
Tracks the net change in tax payments made in advance of the actual tax liability being incurred. Fluctuations in this balance reflect the timing differences between estimated tax payments and the final tax assessment. Monitoring this helps investors understand the company's tax cash flow cycle and potential future tax credits.