Microvision (MVIS) Tax Rate (2023 - 2026)
Microvision (MVIS) posted Tax Rate of 0.72% for Q1 2026, down 164.82% sequentially from 1.12% in Q4 2025, and down 47.0% YoY from 1.37% in Q1 2025.
Microvision (MVIS) Tax Rate (2023 - 2026) Analysis & Trends
Microvision (MVIS) has 4 years of Tax Rate data on file, last reported at 0.72% in Q1 2026.
- Quarterly Tax Rate fell 47.0% year-over-year to 0.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.03% (up 32.0% YoY) and the FY2025 annual result came in at 0.09%, up 61.0% from the prior year.
- Tax Rate retreated to 0.72% in Q1 2026 per MVIS's latest filing, from 1.12% in the prior quarter.
- The five-year high for Tax Rate was 1.12% in Q4 2025, with the low at 1.37% in Q2 2023.
- Average Tax Rate over 4 years is 0.5%, with a median of 0.7% recorded in 2024.
- Year-over-year, Tax Rate tumbled 95 bps in 2024 and soared 137 bps in 2025.
- Microvision's Tax Rate stood at 0.7% in 2023, then sank by 135 bps to 0.25% in 2024, then jumped by 549 bps to 1.12% in 2025, then tumbled by 165 bps to 0.72% in 2026.
- Business Quant data shows MVIS's Tax Rate at 0.72% in Q1 2026, 1.12% in Q4 2025, and 1.22% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.45% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 19.94% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | -41.92% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 18.62% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 16.63% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 24.68% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 16.28% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 24.59% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 14.27% |
| 10 | Microvision | 129.63 Mn | 83.05 Mn | 363,000.00 | -0.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.72% |
| Mar 31, 2026 | -0.72% |
| Dec 31, 2025 | 1.12% |
| Dec 31, 2025 | 1.12% |
| Sep 30, 2025 | -1.22% |
| Sep 30, 2025 | -1.22% |
| Jun 30, 2025 | -0.66% |
| Jun 30, 2025 | -0.66% |
| Mar 31, 2025 | -0.25% |
| Mar 31, 2025 | -0.25% |
| Dec 31, 2024 | -0.25% |
| Dec 31, 2024 | -0.25% |
| Sep 30, 2024 | -0.70% |
| Sep 30, 2024 | -0.70% |
| Jun 30, 2024 | -0.35% |
| Jun 30, 2024 | -0.35% |
| Mar 31, 2024 | -0.90% |
| Mar 31, 2024 | -0.90% |
| Dec 31, 2023 | 0.70% |
| Dec 31, 2023 | 0.70% |