Coda Octopus (CODA) Tax Rate (2017 - 2026)
Coda Octopus (CODA) posted quarterly Tax Rate of 20.43% for Q2 2026, down 918.0% year-over-year from 2.5% in Q2 2025, and down 7.9% quarter-over-quarter from 22.18% in Q1 2026.
Coda Octopus (CODA) Tax Rate (2017 - 2026) Analysis & Trends
Coda Octopus' Tax Rate history runs 10 years deep, the most recent figure standing at 20.43% for Q2 2026.
- In Q2 2026, Tax Rate fell 918.0% year-over-year to 20.43%; the TTM figure through Apr 2026 stood at 10.6% (down 1171.0% YoY), while the FY2025 annual figure was 7.76%, down 1318.0% from the prior year.
- Tax Rate for Q2 2026 stood at 20.43%, down from 22.18% in the prior quarter.
- The five-year high for Tax Rate was 41.32% in Q4 2024, with the low at 530.13% in Q4 2023.
- The 5-year median for Tax Rate is 13.61% (2022), against an average of 18.33%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 56897 bps in 2023, then soared 57145 bps in 2024.
- Coda Octopus' Tax Rate stood at 38.84% in 2022, then sank by 1465 bps to 530.13% in 2023, then surged by 108 bps to 41.32% in 2024, then tumbled by 136 bps to 14.97% in 2025, then surged by 236 bps to 20.43% in 2026.
- Business Quant data shows CODA's Tax Rate at 20.43% in Q2 2026, 22.18% in Q1 2026, and 14.97% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 14.53% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 24.26% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 15.49% |
| 10 | Coda Octopus | 114.10 Mn | 83.41 Mn | 4.58 Mn | 20.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 20.43% |
| Apr 30, 2026 | 20.43% |
| Apr 30, 2026 | 20.43% |
| Jan 31, 2026 | 22.18% |
| Jan 31, 2026 | 22.18% |
| Jan 31, 2026 | 22.18% |
| Oct 31, 2025 | -14.97% |
| Oct 31, 2025 | -14.97% |
| Oct 31, 2025 | -14.97% |
| Jul 31, 2025 | 17.41% |
| Jul 31, 2025 | 17.41% |
| Jul 31, 2025 | 17.41% |
| Apr 30, 2025 | 29.61% |
| Apr 30, 2025 | 29.61% |
| Apr 30, 2025 | 29.61% |
| Jan 31, 2025 | 5.23% |
| Jan 31, 2025 | 5.23% |
| Jan 31, 2025 | 5.23% |
| Oct 31, 2024 | 41.32% |
| Oct 31, 2024 | 41.32% |