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| Date | Value |
|---|---|
| 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% |