HeartCore Enterprises (HTCR) Tax Rate (2021 - 2026)
HeartCore Enterprises posted quarterly Tax Rate of 0.89% for Q1 2026, down 49.0% year-on-year from 1.75% in Q1 2025, and down 214.36% on a QoQ basis from 0.78% in Q4 2025.
HeartCore Enterprises (HTCR) has 6 years of Tax Rate data on file, last reported 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.
- Across five years, Tax Rate topped out at 37.82% in Q2 2023 and bottomed at 2.99% in Q4 2023.
- The 5-year median for Tax Rate is 0.05% (2022), against an average of 4.32%.
- The widest annual swing landed in 2023, when Tax Rate surged 3835 bps; it then sank 3465 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 0.34% in 2022, then slumped by 769 bps to 2.99% in 2023, then jumped by 262 bps to 4.85% in 2024, then plunged by 84 bps to 0.78% in 2025, then slumped 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | HeartCore Enterprises | 4.03 Mn | -1.75 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 | 1.50 |
| Dec 31, 2025 | 1.50 |
| Sep 30, 2025 | -1.02 |
| Sep 30, 2025 | -1.02 |
| Jun 30, 2025 | -0.34 |
| Jun 30, 2025 | -0.34 |
| Mar 31, 2025 | -1.84 |
| Mar 31, 2025 | -1.84 |
| Dec 31, 2024 | -5.68 |
| Dec 31, 2024 | -5.68 |
| 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 | 9.12 |
| Dec 31, 2023 | 9.12 |
| Sep 30, 2023 | -0.77 |
| Sep 30, 2023 | -0.77 |
| Jun 30, 2023 | 37.82 |
| Jun 30, 2023 | 37.82 |
| Mar 31, 2023 | 27.48 |
| Mar 31, 2023 | 27.48 |
| Dec 31, 2022 | 0.27 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.96 |
| Sep 30, 2022 | 0.96 |
| Jun 30, 2022 | -0.53 |
| Jun 30, 2022 | -0.53 |
| Mar 31, 2022 | 0.05 |
| Mar 31, 2022 | 0.05 |
| Dec 31, 2021 | -0.30 |
| Dec 31, 2021 | -0.30 |
| Sep 30, 2021 | 6.60 |
| Sep 30, 2021 | 6.60 |
| Jun 30, 2021 | 15.62 |
| Jun 30, 2021 | 15.62 |
| Mar 31, 2021 | -4.26 |
| Mar 31, 2021 | -4.26 |