NextPlat (NXPLW) Tax Rate (2017 - 2025)
NextPlat (NXPLW) 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% quarter-over-quarter from 1.18% in Q3 2025.
NextPlat (NXPLW) Tax Rate (2017 - 2025) Analysis & Trends
NextPlat (NXPLW) has 7 years of Tax Rate data on file, last reported at 0.27% in Q4 2025.
- Tax Rate for Q4 2025 came in at 0.27%, down 60.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.09% (up 32.0% YoY), and the FY2024 annual result was 0.32%, down 19.0% from the prior year.
- Tax Rate eased to 0.27% in Q4 2025 per NXPLW's latest filing, from 1.18% in the prior quarter.
- Over five years, Tax Rate peaked at 1.18% in Q3 2025 and troughed at 3.38% in Q4 2022.
- A 4-year average of 0.65% and a median of 0.53% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2025: Tax Rate soared 370 bps in 2023, then slumped 158 bps in 2025.
- A 4-year view of Tax Rate shows it stood at 3.38% in 2022, then soared by 109 bps to 0.32% in 2023, then soared by 171 bps to 0.86% in 2024, then sank by 69 bps to 0.27% in 2025.
- Business Quant data shows NXPLW's Tax Rate at 0.27% 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 | 262.33 Bn | 244.36 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | -18.42% |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 22.74% |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 8.36% |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 39.11% |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 30.31% |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 21.59% |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 22.01% |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 23.68% |
| 10 | NextPlat | - | - | 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 | -0.47% |
| Mar 31, 2025 | -0.47% |
| Dec 31, 2024 | 0.86% |
| Dec 31, 2024 | 0.86% |
| 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% |