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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 Roivant Sciences 26.16 Bn 26.85 Bn 1.16 Mn 1.34%

Historic Data

Download Data
DateValue
Apr 30, 2026 -9.47%
Apr 30, 2026 -9.47%
Apr 30, 2026 -9.47%
Jan 31, 2026 -14.31%
Jan 31, 2026 -14.31%
Jan 31, 2026 -14.31%
Oct 31, 2025 -0.80%
Oct 31, 2025 -0.80%
Oct 31, 2025 -0.80%
Jul 31, 2025 3.15%
Jul 31, 2025 3.15%
Jul 31, 2025 3.15%
Apr 30, 2025 -7.09%
Apr 30, 2025 -7.09%
Apr 30, 2025 -7.09%
Jan 31, 2025 14.31%
Jan 31, 2025 14.31%
Jan 31, 2025 14.31%
Oct 31, 2024 30.68%
Oct 31, 2024 30.68%