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
DateValue
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%