Here (HERE) Tax Rate (2021 - 2025)
Here (HERE) recorded quarterly Tax Rate of 1.82% in Q4 2025, down 61.64% on a QoQ basis from 4.75% in Q3 2025, and up 1485.0% year-over-year from 0.11% in Q4 2024.
Here (HERE) Tax Rate (2021 - 2025) Analysis & Trends
Here has disclosed Tax Rate across 5 years of filings, most recently posting 1.82% for Q4 2025.
- Quarterly Tax Rate rose 1485.0% year-over-year to 1.82% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 39.13% (down 2120.0% YoY) and the FY2025 annual result came in at 24.05%, up 1654.0% from the prior year.
- Tax Rate declined to 1.82% in Q4 2025, from 4.75% in the prior quarter.
- Over five years, Tax Rate peaked at 188.6% in Q1 2024 and troughed at 98.61% in Q1 2022.
- A 5-year average of 1.36% and a median of 0.6% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 14768 bps — and 2025, when it sank 21696 bps.
- Tracing HERE's Tax Rate over 5 years: stood at 15.86% in 2021, then surged by 116 bps to 2.56% in 2022, then sank by 77 bps to 0.6% in 2023, then plunged by 2281 bps to 13.03% in 2024, then surged by 114 bps to 1.82% in 2025.
- Business Quant data shows HERE's Tax Rate at 1.82% in Q4 2025, 4.75% in Q3 2025, and 29.15% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 19,630,355.93 Bn | 19,630,355.28 Bn | 1.17 Bn | - |
| 2 | Hasbro | 11.86 Bn | 10.53 Bn | 764.10 Mn | 18.27% |
| 3 | Life Time Group Holdings | 7.22 Bn | 7.10 Bn | 382.00 Mn | 26.13% |
| 4 | Acushnet Holdings | 5.62 Bn | 5.57 Bn | 355.26 Mn | 22.90% |
| 5 | Mattel | 4.31 Bn | 3.44 Bn | 386.78 Mn | -130.07% |
| 6 | Planet Fitness | 4.05 Bn | 3.58 Bn | 291.90 Mn | 26.83% |
| 7 | YETI Holdings | 3.97 Bn | 3.79 Bn | 340.87 Mn | 23.11% |
| 8 | Callaway Golf | 2.93 Bn | 2.43 Bn | 326.70 Mn | 30.39% |
| 9 | Onespaworld Holdings | 2.44 Bn | 2.43 Bn | 209.81 Mn | 1.69% |
| 10 | Here | - | - | 7.86 Mn | 1.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.82% |
| Dec 31, 2025 | 1.82% |
| Sep 30, 2025 | 4.75% |
| Sep 30, 2025 | 4.75% |
| Jun 30, 2025 | -29.15% |
| Jun 30, 2025 | -29.15% |
| Mar 31, 2025 | -28.35% |
| Mar 31, 2025 | -28.35% |
| Dec 31, 2024 | -13.03% |
| Dec 31, 2024 | -13.03% |
| Sep 30, 2024 | -29.17% |
| Sep 30, 2024 | -29.17% |
| Jun 30, 2024 | -19.71% |
| Jun 30, 2024 | -19.71% |
| Mar 31, 2024 | 188.60% |
| Mar 31, 2024 | 188.60% |
| Dec 31, 2023 | 0.60% |
| Dec 31, 2023 | 0.60% |
| Sep 30, 2023 | 11.26% |
| Sep 30, 2023 | 11.26% |