Coda Octopus (CODA) Tax Rate (2017 - 2026)
Coda Octopus (CODA) posted Tax Rate of 20.43% for Q2 2026, down 7.9% on a QoQ basis from 22.18% in Q1 2026, and down 918.0% year-over-year from 2.5% in Q2 2025.
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Coda Octopus (CODA) Tax Rate (2017 - 2026) Analysis & Trends
Coda Octopus has reported Tax Rate for 10 years, with the latest figure at 20.43% in Q2 2026.
- On a quarterly basis, Tax Rate fell 918.0% year-over-year to 20.43% in Q2 2026; TTM through Apr 2026 was 25.0%, a 198.0% increase from a year earlier, with the FY2025 full-year figure at 25.08%, up 414.0% from the prior year.
- Tax Rate was 20.43% for Q2 2026 at Coda Octopus, down from 22.18% in the prior quarter.
- The five-year high for Tax Rate was 43.61% in Q4 2022, with the low at 344.67% in Q4 2023.
- Average Tax Rate over 5 years is 2.69%, with a median of 18.48% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 38828 bps in 2023, then soared 38599 bps in 2024.
- Over 5 years, Tax Rate stood at 43.61% in 2022, then plunged by 890 bps to 344.67% in 2023, then soared by 112 bps to 41.32% in 2024, then declined by 6 bps to 39.02% in 2025, then sank by 48 bps to 20.43% in 2026.
- The last three Tax Rate figures came in at 20.43% (Q2 2026), 22.18% (Q1 2026), and 39.02% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 15.70% |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 17.56% |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 24.80% |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 6.34% |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 15.49% |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | -16.44% |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 21.66% |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 22.20% |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 21.06% |
| 10 | Coda Octopus | 110.95 Mn | 80.25 Mn | 4.58 Mn | 20.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 20.43% |
| Jan 31, 2026 | 22.18% |
| Oct 31, 2025 | 39.02% |
| Jul 31, 2025 | 17.41% |
| Apr 30, 2025 | 29.61% |
| Jan 31, 2025 | 5.23% |
| Oct 31, 2024 | 41.32% |
| Jul 31, 2024 | 21.86% |
| Apr 30, 2024 | 13.77% |
| Jan 31, 2024 | 19.55% |
| Oct 31, 2023 | -344.67% |
| Jul 31, 2023 | 6.38% |
| Apr 30, 2023 | 6.69% |
| Jan 31, 2023 | -2.64% |
| Oct 31, 2022 | 43.61% |
| Jul 31, 2022 | 15.99% |
| Apr 30, 2022 | -23.94% |
| Jan 31, 2022 | 19.77% |
| Oct 31, 2021 | 106.06% |
| Jul 31, 2021 | -31.69% |