Mind Cti (MNDO) Tax Rate (2009 - 2026)

Mind Cti (MNDO) reported Tax Rate of 12.32% for Q1 2026, up 240.0% on a YoY basis from 3.62% in Q1 2025, and up 2429.09% sequentially from 0.53% in Q4 2025.

Mind Cti (MNDO) Tax Rate (2009 - 2026) Analysis & Trends

Mind Cti (MNDO) has 18 years of Tax Rate data on file, last reported at 12.32% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 240.0% year-over-year to 12.32%; the trailing twelve-month figure through Mar 2026 stood at 7.19% (up 5.0% YoY), and the FY2025 full-year result was 5.89%, down 84.0% from the prior year.
  • Tax Rate improved to 12.32% in Q1 2026, from 0.53% 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.
  • A 5-year average of 6.62% and a median of 6.78% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate tumbled 1907 bps in 2022 and soared 987 bps in 2025, its largest moves.
  • Tracing MNDO's Tax Rate over 5 years: stood at 6.4% in 2022, then plunged by 32 bps to 4.34% in 2023, then surged by 148 bps to 10.74% in 2024, then slumped by 105 bps to 0.53% in 2025, then soared by 2429 bps to 12.32% in 2026.
  • Business Quant data shows MNDO's Tax Rate at 12.32% in Q1 2026, 0.53% in Q4 2025, and 10.51% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Mind Cti 19.31 Mn 11.00 Mn 2.74 Mn 12.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.32%
Mar 31, 2026 12.32%
Mar 31, 2026 12.32%
Dec 31, 2025 -0.53%
Dec 31, 2025 -0.53%
Dec 31, 2025 -0.53%
Sep 30, 2025 10.51%
Sep 30, 2025 10.51%
Sep 30, 2025 10.51%
Jun 30, 2025 6.58%
Jun 30, 2025 6.58%
Jun 30, 2025 6.58%
Mar 31, 2025 9.93%
Mar 31, 2025 9.93%
Mar 31, 2025 9.93%
Dec 31, 2024 10.74%
Dec 31, 2024 10.74%
Dec 31, 2024 10.74%
Sep 30, 2024 0.64%
Sep 30, 2024 0.64%