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
DateValue
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%