GlobalTech (GLTK) Tax Rate (2022 - 2026)

GlobalTech's (GLTK) quarterly Tax Rate came in at 1.63% in Q1 2026, up 339.0% year-on-year from 0.37% in Q1 2025, and up 98.27% quarter-over-quarter from 94.4% in Q4 2025.

GlobalTech (GLTK) Tax Rate (2022 - 2026) Analysis & Trends

GlobalTech has disclosed Tax Rate across 5 years of filings, most recently posting 1.63% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 1.63%, up 339.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.19% (up 244.0% YoY), and the FY2025 annual result was 10.06%, down 357.0% from the prior year.
  • Tax Rate came in at 1.63% for Q1 2026 at GlobalTech, up from 94.4% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 7.99% in Q2 2023 to a low of 94.4% in Q4 2025.
  • The 5-year median for Tax Rate is 3.69% (2023), against an average of 9.8%.
  • Peak annual rise in Tax Rate reached 1692 bps in 2025, while the deepest fall reached 8530 bps in 2025.
  • GlobalTech's Tax Rate stood at 4.05% in 2022, then advanced by 9 bps to 3.69% in 2023, then tumbled by 147 bps to 9.1% in 2024, then slumped by 937 bps to 94.4% in 2025, then soared by 98 bps to 1.63% in 2026.
  • The last three Tax Rate figures came in at 1.63% (Q1 2026), 94.4% (Q4 2025), and 10.33% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 24.90%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 24.15%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 21.84%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -21.62%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 23.19%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -50.65%
9 Veon 82.81 Bn 80.59 Bn - -
10 GlobalTech - - 6.19 Mn -1.63%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.63%
Mar 31, 2026 -1.63%
Dec 31, 2025 -94.40%
Dec 31, 2025 -94.40%
Sep 30, 2025 -10.33%
Sep 30, 2025 -10.33%
Jun 30, 2025 -7.31%
Jun 30, 2025 -7.31%
Mar 31, 2025 -5.01%
Mar 31, 2025 -5.01%
Dec 31, 2024 -9.10%
Dec 31, 2024 -9.10%
Sep 30, 2024 -27.25%
Sep 30, 2024 -27.25%
Jun 30, 2024 -4.25%
Jun 30, 2024 -4.25%
Mar 31, 2024 -3.30%
Mar 31, 2024 -3.30%
Dec 31, 2023 -3.69%
Dec 31, 2023 -3.69%