Nortech Systems NSYS
NASDAQ NSYS
$11.71 -0.34 (-2.82%)
At close: Aug 20, 2026 · 4:00 PM EDT

Nortech Systems (NSYS) Tax Rate (2010 - 2026)

Nortech Systems (NSYS) posted Tax Rate of 83.73% for Q1 2026, up 219.54% sequentially from 70.04% in Q4 2025, and up 5576.0% YoY from 1.48% in Q1 2025.

Nortech Systems (NSYS) Tax Rate (2010 - 2026) Analysis & Trends

Nortech Systems has reported Tax Rate for 17 years, with the latest figure at 83.73% in Q1 2026.

  • Quarterly Tax Rate rose 5576.0% year-over-year to 83.73% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.75% (up 178.0% YoY) and the FY2025 annual result came in at 18.18%, up 2052.0% from the prior year.
  • Tax Rate advanced to 83.73% in Q1 2026 per NSYS's latest filing, from 70.04% in the prior quarter.
  • Over five years, Tax Rate peaked at 121.73% in Q3 2025 and troughed at 94.37% in Q1 2022.
  • A 5-year average of 8.91% and a median of 19.61% in 2024 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate tumbled 12564 bps in 2022, then jumped 12993 bps in 2025.
  • Over 5 years, Tax Rate stood at 65.04% in 2022, then surged by 81 bps to 12.13% in 2023, then jumped by 262 bps to 19.61% in 2024, then plunged by 457 bps to 70.04% in 2025, then jumped by 220 bps to 83.73% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 83.73%, 70.04%, and 121.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 198.70 Bn 193.10 Bn 7.27 Bn 39.11%
2 Stryker 125.85 Bn 122.37 Bn 4.50 Bn 18.41%
3 Medtronic 118.44 Bn 109.22 Bn 6.41 Bn 31.35%
4 Boston Scientific 72.64 Bn 72.10 Bn 3.85 Bn 14.62%
5 Edwards Lifesciences 51.94 Bn 47.69 Bn 1.35 Bn 53.56%
6 Dexcom 34.48 Bn 32.53 Bn 830.00 Mn 21.54%
7 GE HealthCare Technologies 33.60 Bn 31.49 Bn 2.18 Bn 17.17%
8 Koninklijke Philips 26.30 Bn 22.98 Bn 4.55 Bn -21.74%
9 Steris 23.00 Bn 22.52 Bn 684.20 Mn 26.51%
10 Nortech Systems 32.58 Mn 30.91 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 83.73%
Mar 31, 2026 83.73%
Mar 31, 2026 83.73%
Dec 31, 2025 -70.04%
Dec 31, 2025 -70.04%
Dec 31, 2025 -70.04%
Sep 30, 2025 121.73%
Sep 30, 2025 121.73%
Sep 30, 2025 121.73%
Jun 30, 2025 35.46%
Jun 30, 2025 35.46%
Jun 30, 2025 35.46%
Mar 31, 2025 27.97%
Mar 31, 2025 27.97%
Mar 31, 2025 27.97%
Dec 31, 2024 19.61%
Dec 31, 2024 19.61%
Dec 31, 2024 19.61%
Sep 30, 2024 -8.20%
Sep 30, 2024 -8.20%