Growth Metrics

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 🔒
DateValue
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