KORU Medical Systems (KRMD) Tax Rate (2010 - 2026)
KORU Medical Systems' (KRMD) quarterly Tax Rate came in at 2.25% in Q2 2026, up 1140.0% year-over-year from 0.18% in Q2 2025, and up 102.03% quarter-over-quarter from 110.37% in Q4 2025.
Analysis
KORU Medical Systems (KRMD) Tax Rate (2010 - 2026) Analysis & Trends
KORU Medical Systems (KRMD) has reported Tax Rate for 11 consecutive years, with 2.25% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 1140.0% year-over-year to 2.25% in Q2 2026; TTM through Jun 2026 was 29.73%, a 8512.0% increase from a year earlier, with the FY2025 full-year figure at 21.0%, down 1.0% from the prior year.
- Tax Rate was 2.25% for Q2 2026 at KORU Medical Systems, up from 110.37% in the prior quarter.
- Over five years, Tax Rate peaked at 19.56% in Q2 2022 and troughed at 269.44% in Q4 2023.
- A 4-year average of 35.98% and a median of 10.12% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 18449 bps in 2022 and soared 1140 bps in 2026, its largest moves.
- Over 4 years, Tax Rate stood at 158.46% in 2022, then tumbled by 70 bps to 269.44% in 2023, then soared by 59 bps to 110.37% in 2025, then soared by 102 bps to 2.25% in 2026.
- The last three Tax Rate figures came in at 2.25% (Q2 2026), 110.37% (Q4 2025), and 0.02% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.79 Bn | 174.18 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 127.69 Bn | 122.47 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.23 Bn | 108.41 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 103.55 Bn | 100.07 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 63.24 Bn | 62.70 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.97 Bn | 45.72 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 32.83 Bn | 31.37 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.30 Bn | 30.35 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn | 26.51% |
| 10 | KORU Medical Systems | 144.70 Mn | 136.40 Mn | 7.85 Mn | 2.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.25% |
| Dec 31, 2025 | -110.37% |
| Sep 30, 2025 | 0.02% |
| Jun 30, 2025 | -9.16% |
| Dec 31, 2023 | -269.44% |
| Sep 30, 2023 | 17.99% |
| Jun 30, 2023 | 19.38% |
| Mar 31, 2023 | 19.32% |
| Dec 31, 2022 | -158.46% |
| Sep 30, 2022 | 18.14% |
| Jun 30, 2022 | 19.56% |
| Mar 31, 2022 | 19.06% |
| Dec 31, 2021 | 26.02% |
| Sep 30, 2021 | 17.88% |
| Jun 30, 2021 | 17.91% |
| Mar 31, 2021 | 42.48% |
| Dec 31, 2020 | -5.21% |
| Sep 30, 2020 | 36.52% |
| Jun 30, 2020 | -2.96% |
| Mar 31, 2020 | 24.00% |