Nova (NVMI) Tax Rate (2011 - 2026)
Nova's (NVMI) quarterly Tax Rate came in at 15.82% in Q2 2026, up 32.0% on a YoY basis from 11.98% in Q2 2025, and down 9.27% quarter-over-quarter from 17.43% in Q1 2026.
Analysis
Nova (NVMI) Tax Rate (2011 - 2026) Analysis & Trends
Nova (NVMI) has reported Tax Rate for 16 consecutive years, with 15.82% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 32.0% year-over-year to 15.82%; the trailing twelve-month figure through Jun 2026 stood at 15.32% (up 27.0% YoY), and the FY2025 full-year result was 14.53%, down 51.0% from the prior year.
- Tax Rate declined to 15.82% in Q2 2026 per NVMI's latest filing, from 17.43% in the prior quarter.
- Across five years, Tax Rate topped out at 17.43% in Q1 2026 and bottomed at 7.03% in Q4 2023.
- Historically, Tax Rate has averaged 13.61% across 5 years, with a median of 14.57% in 2024.
- The sharpest annual moves came in 2022 and 2024: Tax Rate plunged 1404 bps in 2022, then soared 774 bps in 2024.
- Over 5 years, Tax Rate stood at 7.63% in 2022, then declined by 8 bps to 7.03% in 2023, then jumped by 110 bps to 14.77% in 2024, then fell by 24 bps to 11.26% in 2025, then jumped by 40 bps to 15.82% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 15.82%, 17.43%, and 11.26% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 10.87% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 12.69% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 12.03% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 17.84% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 12.26% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 15.82% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | -31.86% |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 9.93% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 21.09% |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 8.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.82% |
| Mar 31, 2026 | 17.43% |
| Dec 31, 2025 | 11.26% |
| Sep 30, 2025 | 16.32% |
| Jun 30, 2025 | 15.50% |
| Mar 31, 2025 | 14.90% |
| Dec 31, 2024 | 14.77% |
| Sep 30, 2024 | 14.91% |
| Jun 30, 2024 | 15.75% |
| Mar 31, 2024 | 14.72% |
| Dec 31, 2023 | 7.03% |
| Sep 30, 2023 | 13.50% |
| Jun 30, 2023 | 12.86% |
| Mar 31, 2023 | 14.43% |
| Dec 31, 2022 | 7.63% |
| Sep 30, 2022 | 13.34% |
| Jun 30, 2022 | 13.95% |
| Mar 31, 2022 | 10.86% |
| Dec 31, 2021 | 21.67% |
| Sep 30, 2021 | 12.42% |