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

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

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

Mind Cti has reported Tax Rate for 18 years, with the latest figure at 12.32% in Q1 2026.

Quarterly Tax Rate rose 240.0% year-over-year to 12.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.19% (up 5.0% YoY) and the FY2025 annual result came in at 5.89%, down 84.0% from the prior year.
Tax Rate improved to 12.32% in Q1 2026 per MNDO's latest filing, from 0.53% in the prior quarter.
Over five years, Tax Rate peaked at 12.32% in Q1 2026 and troughed at 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.
The sharpest annual moves came in 2022 and 2025: Tax Rate sank 1907 bps in 2022, then surged 987 bps in 2025.
Over 5 years, Tax Rate stood at 6.4% in 2022, then tumbled by 32 bps to 4.34% in 2023, then surged by 148 bps to 10.74% in 2024, then sank by 105 bps to 0.53% in 2025, then soared by 2429 bps to 12.32% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 12.32%, 0.53%, and 10.51% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	-27.76%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	15.38%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	22.57%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	25.63%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	31.96%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	0.37%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	22.20%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	23.50%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	24.29%
10	Mind Cti	20.78 Mn	12.46 Mn	2.74 Mn	12.32%

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