MindWalk Holdings (HYFT) Tax Rate (2020 - 2026)
MindWalk Holdings (HYFT) posted quarterly Tax Rate of 9.47% for Q2 2026, down 237.0% year-over-year from 6.91% in Q2 2025, and up 33.87% quarter-over-quarter from 14.31% in Q1 2026.
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MindWalk Holdings (HYFT) Tax Rate (2020 - 2026) Analysis & Trends
MindWalk Holdings (HYFT) has reported Tax Rate for 7 consecutive years, with 9.47% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 237.0% year-over-year to 9.47%; the TTM figure through Apr 2026 stood at 3.15% (down 1597.0% YoY), while the FY2026 annual figure was 2.89%, down 902.0% from the prior year.
- Tax Rate improved to 9.47% in Q2 2026 per HYFT's latest filing, from 14.31% in the prior quarter.
- Across five years, Tax Rate topped out at 3586.05% in Q3 2022 and bottomed at 5347.04% in Q1 2022.
- Historically, Tax Rate has averaged 93.56% across 5 years, with a median of 2.75% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 534027 bps — and 2023, when it soared 533611 bps.
- MindWalk Holdings' Tax Rate stood at 2.35% in 2022, then surged by 297 bps to 9.35% in 2023, then surged by 228 bps to 30.68% in 2024, then tumbled by 103 bps to 0.8% in 2025, then tumbled by 1083 bps to 9.47% in 2026.
- Business Quant data shows HYFT's Tax Rate at 9.47% in Q2 2026, 14.31% in Q1 2026, and 0.8% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 140.22 Bn | 132.37 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 86.04 Bn | 78.05 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 63.70 Bn | 58.52 Bn | 1.37 Bn | -10.89% |
| 4 | Moderna | 57.56 Bn | 52.42 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | - |
| 6 | BeOne Medicines | 40.16 Bn | 35.06 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.63 Bn | 32.32 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.63 Bn | 27.79 Bn | - | - |
| 9 | Insmed | 27.73 Bn | 26.57 Bn | 358.27 Mn | -16.71% |
| 10 | MindWalk Holdings | 61.22 Mn | 52.95 Mn | 1.82 Mn | -8.48% |
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% |