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| Date | Value |
|---|---|
| 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% |