Modular Medical (MODD) Tax Rate (2020 - 2026)
Modular Medical's (MODD) quarterly Tax Rate came in at 0.03% in Q3 2025, up 1.0% YoY from 0.03% in Q3 2024, and down 100.03% on a QoQ basis from 80.27% in Q1 2025.
Modular Medical (MODD) Tax Rate (2020 - 2026) Analysis & Trends
Modular Medical (MODD) has 6 years of Tax Rate data on file, last reported at 0.03% in 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 slipped to 0.03% in Q3 2025, from 80.27% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 80.27% in Q1 2025 to a low of 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 grew 5 bps — and 2022, when it fell 2 bps.
- Tracing MODD's Tax Rate over 5 years: stood at 0.04% in 2021, then tumbled by 59 bps to 0.06% in 2022, then rose by 18 bps to 0.05% in 2023, then gained by 16 bps to 0.04% in 2024, then soared by 36 bps to 0.03% in 2025.
- The last three Tax Rate figures came in at 0.03% (Q3 2025), 80.27% (Q1 2025), and 0.04% (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.08 Bn | 194.48 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 129.56 Bn | 126.09 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 119.95 Bn | 110.73 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 73.85 Bn | 73.31 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.69 Bn | 48.44 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.55 Bn | 32.60 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.11 Bn | 32.00 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.44 Bn | 23.12 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.22 Bn | 22.73 Bn | 684.20 Mn | 26.51% |
| 10 | Modular Medical | 18.62 Mn | 14.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 93.26% |
| Mar 31, 2026 | 93.26% |
| Mar 31, 2026 | 93.26% |
| 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% |