Modular Medical (MODD) Tax Rate (2020 - 2025)
Modular Medical (MODD) posted Tax Rate of 0.03% for Q3 2025, down 100.03% on a QoQ basis from 80.27% in Q1 2025, and up 1.0% year-over-year from 0.03% in Q3 2024.
Modular Medical (MODD) Tax Rate (2020 - 2025) Analysis & Trends
Modular Medical's Tax Rate history runs 6 years deep, the most recent figure standing at 0.03% for Q3 2025.
- Quarterly Tax Rate rose 1.0% year-over-year to 0.03% in Q3 2025, while the trailing twelve-month figure through Mar 2026 was 13.58% (down 692.0% YoY) and the FY2026 annual result came in at 0.01%, down 2101.0% from the prior year.
- Tax Rate was 0.03% for Q3 2025 at Modular Medical, down from 80.27% in the prior quarter.
- Across five years, Tax Rate topped out at 80.27% in Q1 2025 and bottomed at 0.06% in Q3 2022.
- A 5-year average of 13.34% and a median of 0.04% in 2021 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2021 — Tax Rate gained 5 bps — and 2022, when it slipped 2 bps.
- Modular Medical's Tax Rate stood at 0.04% in 2021, then sank by 59 bps to 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.
- Business Quant data shows MODD's Tax Rate at 0.03% in Q3 2025, 80.27% in Q1 2025, and 0.04% in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Modular Medical | 3.75 Mn | -3.19 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -0.03% |
| Sep 30, 2025 | -0.03% |
| Sep 30, 2025 | -0.03% |
| Mar 31, 2025 | 80.27% |
| Mar 31, 2025 | 80.27% |
| Mar 31, 2025 | 80.27% |
| Sep 30, 2024 | -0.04% |
| Sep 30, 2024 | -0.04% |
| Sep 30, 2024 | -0.04% |
| Sep 30, 2023 | -0.05% |
| Sep 30, 2023 | -0.05% |
| Sep 30, 2023 | -0.05% |
| Sep 30, 2022 | -0.06% |
| Sep 30, 2022 | -0.06% |
| Sep 30, 2022 | -0.06% |
| Sep 30, 2021 | -0.04% |
| Sep 30, 2021 | -0.04% |
| Sep 30, 2021 | -0.04% |
| Sep 30, 2020 | -0.09% |
| Sep 30, 2020 | -0.09% |