NextPlat (NXPL) Tax Rate (2017 - 2025)
NextPlat (NXPL) reported Tax Rate of 0.27% for Q4 2025, down 60.0% year-over-year from 0.66% in Q4 2024, and down 77.46% on a QoQ basis from 1.18% in Q3 2025.
NextPlat (NXPL) has 7 years of Tax Rate data on file, last reported at 0.27% in Q4 2025.
- Quarterly Tax Rate fell 60.0% year-over-year to 0.27% in Q4 2025, while the trailing twelve-month figure through Mar 2026 was 0.09% (up 32.0% YoY) and the FY2024 annual result came in at 0.32%, down 19.0% from the prior year.
- Tax Rate declined to 0.27% in Q4 2025 per NXPL's latest filing, from 1.18% in the prior quarter.
- Across five years, Tax Rate topped out at 1.18% in Q3 2025 and bottomed at 3.38% in Q4 2022.
- The 4-year median for Tax Rate is 0.53% (2024), against an average of 0.65%.
- The widest annual swing landed in 2023, when Tax Rate jumped 370 bps; it then plunged 158 bps in 2025.
- Tracing NXPL's Tax Rate over 4 years: stood at 3.38% in 2022, then jumped by 109 bps to 0.32% in 2023, then jumped by 171 bps to 0.86% in 2024, then tumbled by 69 bps to 0.27% in 2025.
- Per Business Quant, the three latest NXPL Tax Rate figures stand at 0.27% (Q4 2025), 1.18% (Q3 2025), and 1.76% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | NextPlat | 16.43 Mn | 5.52 Mn | 3.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.27 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 1.18 |
| Sep 30, 2025 | 1.18 |
| Jun 30, 2025 | -1.76 |
| Jun 30, 2025 | -1.76 |
| Mar 31, 2025 | -0.67 |
| Mar 31, 2025 | -0.67 |
| Dec 31, 2024 | -0.10 |
| Dec 31, 2024 | -0.10 |
| Sep 30, 2024 | -0.59 |
| Sep 30, 2024 | -0.59 |
| Jun 30, 2024 | -0.19 |
| Jun 30, 2024 | -0.19 |
| Mar 31, 2024 | -1.61 |
| Mar 31, 2024 | -1.61 |
| Dec 31, 2023 | 0.32 |
| Dec 31, 2023 | 0.32 |
| Sep 30, 2023 | -0.66 |
| Sep 30, 2023 | -0.66 |
| Jun 30, 2023 | -1.80 |
| Jun 30, 2023 | -1.80 |
| Dec 31, 2022 | -3.38 |
| Dec 31, 2022 | -3.38 |
| Dec 31, 2019 | 0.00 |
| Dec 31, 2019 | 0.00 |
| Sep 30, 2019 | 0.00 |
| Sep 30, 2019 | 0.00 |
| Jun 30, 2019 | -0.20 |
| Jun 30, 2019 | -0.20 |
| Dec 31, 2018 | 0.06 |
| Dec 31, 2018 | 0.06 |
| Sep 30, 2018 | -2.82 |
| Sep 30, 2018 | -2.82 |
| Dec 31, 2017 | 0.90 |
| Dec 31, 2017 | 0.90 |
| Sep 30, 2017 | -8.35 |
| Sep 30, 2017 | -8.35 |