Cognyte Software (CGNT) Tax Rate (2020 - 2026)
Cognyte Software (CGNT) posted quarterly Tax Rate of 28.14% for Q1 2026, down 4960.0% year-over-year from 0.58% in Q1 2025, and down 109.35% on a QoQ basis from 301.13% in Q4 2025.
Cognyte Software (CGNT) Tax Rate (2020 - 2026) Analysis & Trends
Cognyte Software (CGNT) has reported Tax Rate for 7 consecutive years, with 28.14% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 4960.0% year-over-year to 28.14%; the TTM figure through Jan 2026 stood at 59.33% (up 12487.0% YoY), while the FY2026 annual figure was 59.33%, up 12487.0% from the prior year.
- Tax Rate came in at 28.14% for Q1 2026 at Cognyte Software, down from 301.13% in the prior quarter.
- The five-year high for Tax Rate was 501.36% in Q1 2022, with the low at 135.98% in Q2 2024.
- Average Tax Rate over 5 years is 25.23%, with a median of 6.74% recorded in 2024.
- Across the five-year window, Tax Rate soared 61612 bps in 2022 and slumped 57293 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 6.53% in 2022, then slumped by 1019 bps to 73.01% in 2023, then jumped by 38 bps to 44.91% in 2024, then soared by 771 bps to 301.13% in 2025, then slumped by 109 bps to 28.14% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 28.14%, 301.13%, and 96.97% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | Cognyte Software | 653.27 Mn | 562.69 Mn | 78.75 Mn | -28.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -28.14% |
| Jan 31, 2026 | -28.14% |
| Oct 31, 2025 | 301.13% |
| Oct 31, 2025 | 301.13% |
| Jul 31, 2025 | -96.97% |
| Jul 31, 2025 | -96.97% |
| Apr 30, 2025 | 96.68% |
| Apr 30, 2025 | 96.68% |
| Jan 31, 2025 | 21.45% |
| Jan 31, 2025 | 21.45% |
| Oct 31, 2024 | -44.91% |
| Oct 31, 2024 | -44.91% |
| Jul 31, 2024 | -6.74% |
| Jul 31, 2024 | -6.74% |
| Apr 30, 2024 | -135.98% |
| Apr 30, 2024 | -135.98% |
| Jan 31, 2024 | 68.67% |
| Jan 31, 2024 | 68.67% |
| Oct 31, 2023 | -73.01% |
| Oct 31, 2023 | -73.01% |