HeartCore Enterprises (HTCR) Tax Rate (2021 - 2026)
HeartCore Enterprises (HTCR) reported Tax Rate of 0.89% for Q1 2026, down 49.0% on a YoY basis from 1.75% in Q1 2025, and down 214.36% quarter-over-quarter from 0.78% in Q4 2025.
HeartCore Enterprises (HTCR) Tax Rate (2021 - 2026) Analysis & Trends
HeartCore Enterprises has reported Tax Rate for 6 years, with the latest figure at 0.89% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 49.0% year-over-year to 0.89%; the trailing twelve-month figure through Mar 2026 stood at 0.31% (down 703.0% YoY), and the FY2025 full-year result was 1.08%, down 767.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.89%, down from 0.78% in the prior quarter.
- The five-year high for Tax Rate was 37.82% in Q2 2023, with the low at 2.99% in Q4 2023.
- Historically, Tax Rate has averaged 4.32% across 5 years, with a median of 0.05% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate surged 3835 bps — and 2024, when it tumbled 3465 bps.
- HeartCore Enterprises' Tax Rate stood at 0.34% in 2022, then tumbled by 769 bps to 2.99% in 2023, then soared by 262 bps to 4.85% in 2024, then sank by 84 bps to 0.78% in 2025, then tumbled by 214 bps to 0.89% in 2026.
- The last three Tax Rate figures came in at 0.89% (Q1 2026), 0.78% (Q4 2025), and 2.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | HeartCore Enterprises | 4.29 Mn | -1.49 Mn | 74,045.00 | -0.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.89% |
| Mar 31, 2026 | -0.89% |
| Dec 31, 2025 | 0.78% |
| Dec 31, 2025 | 0.78% |
| Sep 30, 2025 | -2.52% |
| Sep 30, 2025 | -2.52% |
| Jun 30, 2025 | -0.34% |
| Jun 30, 2025 | -0.34% |
| Mar 31, 2025 | -0.40% |
| Mar 31, 2025 | -0.40% |
| Dec 31, 2024 | 4.85% |
| Dec 31, 2024 | 4.85% |
| Sep 30, 2024 | 2.06% |
| Sep 30, 2024 | 2.06% |
| Jun 30, 2024 | 3.16% |
| Jun 30, 2024 | 3.16% |
| Mar 31, 2024 | 5.14% |
| Mar 31, 2024 | 5.14% |
| Dec 31, 2023 | -2.99% |
| Dec 31, 2023 | -2.99% |