GlobalTech (GLTKD) Tax Rate (2023 - 2026)
GlobalTech (GLTKD) reported Tax Rate of 14.75% for Q2 2026, up 22.05 percentage points from -7.31% a year earlier and up 16.38 percentage points from the prior quarter.
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Analysis
GlobalTech (GLTKD) Tax Rate (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, GlobalTech's Tax Rate came in at -7.71%, up 1.49 percentage points year-over-year; for FY2025, it came in at -10.06%, down 3.57 percentage points from FY2024.
- Tax Rate has declined for three consecutive years, with a four-year change of -7.13 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at -6.50% in FY2024 (-4.64 pp), -1.86% in FY2023 (-0.07 pp), -1.79% in FY2022 (+1.14 pp) and -2.94% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Tax Rate in data going back to Q1 2022.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of -10.89 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2026 (a gain of 22.05 percentage points); the low point was Q4 2025 (a drop of 85.30 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -1.63% (Q1 2026), -94.40% (Q4 2025) and -10.33% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 25.12% |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | 25.16% |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | 13.47% |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | - |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | 25.89% |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | 19.26% |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | 13.56% |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | - |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | - |
| 10 | GlobalTech | 754.47 Mn | 793.82 Mn | 3.88 Mn | 14.75% |
API Access
GlobalTech Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GLTKD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GLTKD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GLTKD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();