NextPlat (NXPL) Tax Rate (2017 - 2025)
NextPlat (NXPL) posted quarterly Tax Rate of 0.26% for Q4 2025, down 7234.0% year-over-year from 0.0% in Q4 2024, and down 121.95% quarter-over-quarter from 1.18% in Q3 2025.
NextPlat (NXPL) Tax Rate (2017 - 2025) Analysis & Trends
NextPlat (NXPL) has reported Tax Rate for 7 consecutive years, with 0.26% the latest figure, recorded in Q4 2025.
- In Q4 2025, Tax Rate fell 7234.0% year-over-year to 0.26%; the TTM figure through Mar 2026 stood at 2.79% (down 1020.0% YoY), while the FY2024 annual figure was 7.42%, up 732.0% from the prior year.
- Tax Rate eased to 0.26% in Q4 2025 per NXPL's latest filing, from 1.18% in the prior quarter.
- Across five years, Tax Rate topped out at 72.08% in Q4 2024 and bottomed at 3.38% in Q4 2022.
- Historically, Tax Rate has averaged 5.27% across 4 years, with a median of 0.53% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 7142 bps — and 2025, when it sank 7234 bps.
- NextPlat's Tax Rate stood at 3.38% in 2022, then soared by 119 bps to 0.66% in 2023, then jumped by 10880 bps to 72.08% in 2024, then plunged by 100 bps to 0.26% in 2025.
- Business Quant data shows NXPL's Tax Rate at 0.26% in Q4 2025, 1.18% in Q3 2025, and 1.76% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | NextPlat | 22.27 Mn | 11.36 Mn | 3.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.26% |
| Dec 31, 2025 | -0.26% |
| Dec 31, 2025 | -0.26% |
| Sep 30, 2025 | 1.18% |
| Sep 30, 2025 | 1.18% |
| Sep 30, 2025 | 1.18% |
| Jun 30, 2025 | -1.76% |
| Jun 30, 2025 | -1.76% |
| Jun 30, 2025 | -1.76% |
| Mar 31, 2025 | -0.47% |
| Mar 31, 2025 | -0.47% |
| Mar 31, 2025 | -0.47% |
| Dec 31, 2024 | 72.08% |
| Dec 31, 2024 | 72.08% |
| Dec 31, 2024 | 72.08% |
| Sep 30, 2024 | -0.59% |
| Sep 30, 2024 | -0.59% |
| Sep 30, 2024 | -0.59% |
| Jun 30, 2024 | -0.19% |
| Jun 30, 2024 | -0.19% |