MindWalk Holdings (HYFT) Tax Rate (2020 - 2026)
MindWalk Holdings' (HYFT) quarterly Tax Rate came in at 8.48% in Q2 2026, down 206.0% year-over-year from 8.0% in Q2 2025, and down 1630.39% quarter-over-quarter from 0.49% in Q1 2026.
Analysis
MindWalk Holdings (HYFT) Tax Rate (2020 - 2026) Analysis & Trends
MindWalk Holdings (HYFT) has reported Tax Rate for 7 consecutive years, with 8.48% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 206.0% year-over-year to 8.48% in Q2 2026; TTM through Apr 2026 was 2.19%, a 1144.0% increase from a year earlier, with the FY2026 full-year figure at 3.01%, up 914.0% from the prior year.
- Tax Rate was 8.48% for Q2 2026 at MindWalk Holdings, down from 0.49% in the prior quarter.
- Over five years, Tax Rate peaked at 8.87% in Q2 2023 and troughed at 23.82% in Q2 2022.
- A 5-year average of 6.04% and a median of 5.62% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 3269 bps in 2023 and sank 2556 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 1.69% in 2022, then tumbled by 483 bps to 6.45% in 2023, then sank by 179 bps to 18.03% in 2024, then surged by 105 bps to 0.9% in 2025, then plunged by 1041 bps to 8.48% in 2026.
- The last three Tax Rate figures came in at 8.48% (Q2 2026), 0.49% (Q1 2026), and 0.9% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.09 Bn | 41.14 Bn | 1.44 Bn | 19.93% |
| 2 | Medpace Holdings | 16.40 Bn | 15.90 Bn | 201.64 Mn | 19.98% |
| 3 | Charles River Laboratories International | 13.28 Bn | 13.13 Bn | 452.07 Mn | 101.43% |
| 4 | Icon | 12.96 Bn | 12.04 Bn | 479.29 Mn | -21.28% |
| 5 | Fortrea Holdings | 1.64 Bn | 1.47 Bn | 139.20 Mn | -1,000.00% |
| 6 | Evotec SE | 615.12 Mn | 189.24 Mn | - | - |
| 7 | Ginkgo Bioworks Holdings | 430.05 Mn | 345.51 Mn | 18.44 Mn | -0.22% |
| 8 | Champions Oncology | 70.57 Mn | 66.73 Mn | 7.70 Mn | -2.65% |
| 9 | MindWalk Holdings | 60.73 Mn | 52.45 Mn | 1.82 Mn | -8.48% |
| 10 | VivoSim Labs | 1.47 Mn | 1.47 Mn | - | -0.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -8.48% |
| Jan 31, 2026 | -0.49% |
| Oct 31, 2025 | 0.90% |
| Jul 31, 2025 | -2.19% |
| Apr 30, 2025 | -6.42% |
| Jan 31, 2025 | -12.12% |
| Oct 31, 2024 | -18.03% |
| Jul 31, 2024 | -13.66% |
| Apr 30, 2024 | -6.66% |
| Jan 31, 2024 | -23.29% |
| Oct 31, 2023 | -6.45% |
| Jul 31, 2023 | -0.01% |
| Apr 30, 2023 | 8.87% |
| Jan 31, 2023 | 2.27% |
| Oct 31, 2022 | 1.69% |
| Jul 31, 2022 | 4.00% |
| Apr 30, 2022 | -23.82% |
| Jan 31, 2022 | -4.83% |
| Oct 31, 2021 | -4.05% |
| Jul 31, 2021 | -5.42% |