NextPlat (NXPL) Tax Rate (2017 - 2025)

NextPlat's (NXPL) quarterly Tax Rate came in at 0.26% in Q4 2025, down 7234.0% year-on-year from 0.0% in Q4 2024, and down 121.95% on a QoQ basis from 1.18% in Q3 2025.

NextPlat (NXPL) Tax Rate (2017 - 2025) Analysis & Trends

NextPlat (NXPL) has 7 years of Tax Rate data on file, last reported at 0.26% in Q4 2025.

  • On a quarterly basis, Tax Rate fell 7234.0% year-over-year to 0.26% in Q4 2025; TTM through Mar 2026 was 2.79%, a 1020.0% decrease from a year earlier, with the FY2024 full-year figure at 7.42%, up 732.0% from the prior year.
  • Tax Rate for Q4 2025 stood at 0.26%, down from 1.18% in the prior quarter.
  • Over the last five years, Tax Rate for NXPL reached as high as 72.08% in Q4 2024 and fell as low as 3.38% in Q4 2022.
  • Historically, Tax Rate has averaged 5.27% across 4 years, with a median of 0.53% in 2024.
  • Across the five-year window, Tax Rate surged 7142 bps in 2024 and tumbled 7234 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 3.38% in 2022, then surged by 119 bps to 0.66% in 2023, then soared by 10880 bps to 72.08% in 2024, then plunged by 100 bps to 0.26% in 2025.
  • Per Business Quant data, the three most recent Tax Rate figures were 0.26% in Q4 2025, 1.18% in Q3 2025, and 1.76% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 NextPlat 30,182.37 -10.88 Mn 3.41 Mn -

Historic Data

Download Data
DateValue
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%