Mind Cti (MNDO) Tax Rate (2009 - 2026)
Mind Cti's (MNDO) quarterly Tax Rate came in at 9.04% in Q2 2026, up 246.0% year-over-year from 2.61% in Q2 2025, and down 26.66% quarter-over-quarter from 12.32% in Q1 2026.
Analysis
Mind Cti (MNDO) Tax Rate (2009 - 2026) Analysis & Trends
Mind Cti has disclosed Tax Rate across 18 years of filings, most recently posting 9.04% for Q2 2026.
- In Q2 2026, Tax Rate rose 246.0% year-over-year to 9.04%; the TTM figure through Jun 2026 stood at 7.72% (up 54.0% YoY), while the FY2025 annual figure was 5.89%, down 84.0% from the prior year.
- Tax Rate came in at 9.04% for Q2 2026 at Mind Cti, down from 12.32% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 12.32% in Q1 2026 to a low of 0.53% in Q4 2025.
- Average Tax Rate over 5 years is 6.75%, with a median of 6.85% recorded in 2022.
- Year-over-year, Tax Rate plunged 1907 bps in 2022 and jumped 987 bps in 2025.
- Over 5 years, Tax Rate stood at 6.4% in 2022, then sank by 32 bps to 4.34% in 2023, then soared by 148 bps to 10.74% in 2024, then tumbled by 105 bps to 0.53% in 2025, then jumped by 1808 bps to 9.04% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 9.04% in Q2 2026, 12.32% in Q1 2026, and 0.53% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oracle | 457.43 Bn | 426.08 Bn | - | 50.36% |
| 2 | Sap Se | 264.23 Bn | 243.15 Bn | 8.40 Bn | -26.51% |
| 3 | Workday | 47.22 Bn | 43.82 Bn | 2.21 Bn | -93.27% |
| 4 | Roper Technologies | 40.28 Bn | 39.92 Bn | 1.47 Bn | 10.67% |
| 5 | Fidelity National Information Services | 21.61 Bn | 20.87 Bn | 1.17 Bn | 21.36% |
| 6 | Tyler Technologies | 17.53 Bn | 16.56 Bn | 307.06 Mn | 22.48% |
| 7 | Brightstar Lottery | 2.11 Bn | 2.72 Bn | 299.00 Mn | 11.11% |
| 8 | i3 Verticals | 441.95 Mn | 559.09 Mn | 36.75 Mn | 18.26% |
| 9 | Netsol Technologies | 48.20 Mn | 36.07 Mn | 9.03 Mn | 33.30% |
| 10 | Mind Cti | 20.58 Mn | 7.11 Mn | 2.55 Mn | 9.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.04% |
| Mar 31, 2026 | 12.32% |
| Dec 31, 2025 | -0.53% |
| Sep 30, 2025 | 10.51% |
| Jun 30, 2025 | 6.58% |
| Mar 31, 2025 | 9.93% |
| Dec 31, 2024 | 10.74% |
| Sep 30, 2024 | 0.64% |
| Jun 30, 2024 | 6.77% |
| Mar 31, 2024 | 6.78% |
| Dec 31, 2023 | 4.34% |
| Sep 30, 2023 | 7.89% |
| Jun 30, 2023 | 6.41% |
| Mar 31, 2023 | 7.50% |
| Dec 31, 2022 | 6.40% |
| Sep 30, 2022 | 6.93% |
| Jun 30, 2022 | 1.37% |
| Mar 31, 2022 | 7.97% |
| Dec 31, 2021 | 8.57% |
| Sep 30, 2021 | 15.46% |