Nortech Systems (NSYS) Tax Rate (2010 - 2026)
Nortech Systems (NSYS) reported Tax Rate of 83.73% for Q1 2026, up 5576.0% on a YoY basis from 1.48% in Q1 2025, and up 219.54% sequentially from 70.04% in Q4 2025.
Nortech Systems (NSYS) Tax Rate (2010 - 2026) Analysis & Trends
Nortech Systems (NSYS) has 17 years of Tax Rate data on file, last reported at 83.73% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 5576.0% year-over-year to 83.73%; the trailing twelve-month figure through Mar 2026 stood at 20.75% (up 178.0% YoY), and the FY2025 full-year result was 18.18%, up 2052.0% from the prior year.
- Tax Rate advanced to 83.73% in Q1 2026, from 70.04% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 121.73% in Q3 2025 to a low of 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.
- Across the five-year window, Tax Rate sank 12564 bps in 2022 and surged 12993 bps in 2025, its largest moves.
- Tracing NSYS's Tax Rate over 5 years: 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 sank by 457 bps to 70.04% in 2025, then jumped by 220 bps to 83.73% in 2026.
- Business Quant data shows NSYS's Tax Rate at 83.73% in Q1 2026, 70.04% in Q4 2025, and 121.73% in Q3 2025.
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 | Nortech Systems | 40.48 Mn | 38.52 Mn | 4.70 Mn | 83.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |