GlobalTech (GLTK) Tax Rate (2022 - 2026)
GlobalTech (GLTK) posted Tax Rate of 1.63% for Q1 2026, up 98.27% sequentially from 94.4% in Q4 2025, and up 339.0% YoY from 0.37% in Q1 2025.
GlobalTech (GLTK) Tax Rate (2022 - 2026) Analysis & Trends
GlobalTech (GLTK) has 5 years of Tax Rate data on file, last reported at 1.63% in Q1 2026.
- Quarterly Tax Rate rose 339.0% year-over-year to 1.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.19% (up 244.0% YoY) and the FY2025 annual result came in at 10.06%, down 357.0% from the prior year.
- Tax Rate grew to 1.63% in Q1 2026 per GLTK's latest filing, from 94.4% in the prior quarter.
- The five-year high for Tax Rate was 7.99% in Q2 2023, with the low at 94.4% in Q4 2025.
- Average Tax Rate over 5 years is 9.8%, with a median of 3.69% recorded in 2023.
- The widest YoY moves for Tax Rate: up 1692 bps in 2025, down 8530 bps in 2025.
- GlobalTech's Tax Rate stood at 4.05% in 2022, then increased by 9 bps to 3.69% in 2023, then plunged by 147 bps to 9.1% in 2024, then tumbled by 937 bps to 94.4% in 2025, then soared by 98 bps to 1.63% in 2026.
- Business Quant data shows GLTK's Tax Rate at 1.63% in Q1 2026, 94.4% in Q4 2025, and 10.33% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 24.90% |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 24.15% |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 21.84% |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 25.44% |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -50.65% |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | -10.09% |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -18.53% |
| 10 | GlobalTech | 27,947.95 | 53.71 Mn | 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% |