INVE Technologies (INVE) Tax Rate (2018 - 2022)
INVE Technologies (INVE) recorded Tax Rate of -0.26% in Q2 2026, up 1.51 percentage points from -1.77% a year earlier.
INVE Technologies (INVE) Tax Rate (2018 - 2022) Analysis & Trends
On a TTM basis, INVE Technologies' Tax Rate came in at 1.43% as of Jun 30, 2026, up 2.24 percentage points year-over-year; for FY2025, it came in at 1.47%, up 1.82 percentage points from FY2024.
- Annual Tax Rate has increased for three straight years, with a five-year change of +2.92 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -0.35% in FY2024 (+0.12 pp), -0.47% in FY2023 (+34.24 pp), -34.71% in FY2022 (-36.41 pp) and 1.70% in FY2021 (+3.15 pp).
- Quarterly Tax Rate has ranged from -27.41% in Q2 2022 to 19.71% in Q3 2025 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last seven quarters, with an average year-over-year change of +0.97 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 26.98 percentage points in Q2 2023, against a drop of 28.57 percentage points in Q2 2022 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,040.97 Bn | 4,788.46 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 424.45 Bn | 360.38 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 313.76 Bn | 269.51 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 232.68 Bn | 186.14 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 202.67 Bn | 191.19 Bn | 7.58 Bn | 12.05% |
| 6 | Seagate Technology Holdings | 152.82 Bn | 147.82 Bn | 1.90 Bn | 14.02% |
| 7 | Sony | 149.85 Bn | 87.11 Bn | 6.53 Bn | 26.70% |
| 8 | Western Digital | 130.59 Bn | 118.72 Bn | 2.03 Bn | 1.60% |
| 9 | Hewlett Packard Enterprise | 77.78 Bn | 55.65 Bn | 4.93 Bn | 12.60% |
| 10 | INVE Technologies | 67.45 Mn | -437.37 Mn | 916,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 15.67% |
| Sep 30, 2021 | 0.82% |
| Jun 30, 2021 | 1.16% |
| Sep 30, 2020 | 2.02% |
| Sep 30, 2019 | 8.94% |
| Jun 30, 2019 | 16.13% |
| Dec 31, 2018 | 5.12% |
INVE Technologies Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=INVE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "INVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=INVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();