Modular Medical (MODD) Tax Rate (2020 - 2026)
Modular Medical's (MODD) quarterly Tax Rate came in at 93.26% in Q1 2026, up 1298.0% on a YoY basis from 6.67% in Q1 2025, and up 363235.31% quarter-over-quarter from 0.03% in Q3 2025.
Analysis
Modular Medical (MODD) Tax Rate (2020 - 2026) Analysis & Trends
Modular Medical (MODD) has reported Tax Rate for 7 consecutive years, with 93.26% the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1298.0% year-over-year to 93.26%; the trailing twelve-month figure through Mar 2026 stood at 34.97% (up 1406.0% YoY), and the FY2026 full-year result was 21.09%, up 9.0% from the prior year.
- Tax Rate grew to 93.26% in Q1 2026 per MODD's latest filing, from 0.03% in the prior quarter.
- Across five years, Tax Rate topped out at 93.26% in Q1 2026 and bottomed at 0.06% in Q3 2022.
- Historically, Tax Rate has averaged 28.89% across 5 years, with a median of 0.03% in 2025.
- The sharpest annual moves came in 2022 and 2026: Tax Rate retreated 2 bps in 2022, then jumped 1298 bps in 2026.
- Over 5 years, Tax Rate stood at 0.06% in 2022, then advanced by 18 bps to 0.05% in 2023, then climbed by 16 bps to 0.04% in 2024, then surged by 36 bps to 0.03% in 2025, then soared by 363235 bps to 93.26% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 93.26%, 0.03%, and 80.27% for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 26.51% |
| 10 | Modular Medical | 15.54 Mn | 11.62 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 93.26% |
| Sep 30, 2025 | -0.03% |
| Mar 31, 2025 | 80.27% |
| Sep 30, 2024 | -0.04% |
| Sep 30, 2023 | -0.05% |
| Sep 30, 2022 | -0.06% |
| Sep 30, 2021 | -0.04% |
| Sep 30, 2020 | -0.09% |