Next Technology Holding NXTT
NASDAQ NXTT
$5.22 +0.12 (+2.39%)
As of: Sep 30, 2026 · 3:46 PM EDT

Next Technology Holding (NXTT) Tax Rate (2020 - 2025)

Updated

Next Technology Holding's Tax Rate was 30.81% in Q2 2026, up 9.81 percentage points from 21.00% a year earlier and up 10.31 percentage points from the prior quarter.

Analysis

Next Technology Holding (NXTT) Tax Rate (2020 - 2025) Analysis & Trends

On a trailing twelve-month basis, Next Technology Holding's Tax Rate was 18.06% through Jun 30, 2026, down 3.63 percentage points year-over-year; for FY2025, it came in at 28.26%, up 0.60 percentage points from FY2024.

  • Tax Rate has now increased for three consecutive years, though with a five-year change of -2.04 percentage points (FY2020 to FY2025).
  • In earlier years, Tax Rate was 27.65% in FY2024 (+23.51 pp), 4.14% in FY2023 (+2.92 pp), 1.22% in FY2022 (-16.60 pp) and 17.82% in FY2021 (-12.47 pp).
  • The Q2 2026 figure marks the highest quarterly Tax Rate since Q4 2024.
  • Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of -5.71 percentage points.
  • The best year-over-year quarter for Tax Rate over five years was Q4 2023 (a gain of 560.16 percentage points); the worst was Q4 2022 (a drop of 643.21 percentage points).
  • Per Business Quant data, NXTT's Tax Rate in the three quarters before Q2 2026 was 20.50% (Q1 2026), 18.22% (Q4 2025) and -76.17% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Infosys 43.15 Bn 43.21 Bn 1.60 Bn 29.49%
2 Cognizant Technology Solutions 25.69 Bn 18.86 Bn 1.83 Bn 26.40%
3 Td Synnex 20.64 Bn 14.68 Bn 1.34 Bn 22.29%
4 Cdw 16.25 Bn 14.24 Bn 1.32 Bn 26.55%
5 Cgi 15.05 Bn 12.83 Bn - 26.62%
6 Arrow Electronics 11.71 Bn 10.74 Bn 1.13 Bn 22.74%
7 Avnet 8.41 Bn 7.59 Bn 865.03 Mn 20.97%
8 Ingram Micro Holding 6.34 Bn 1.95 Bn 958.68 Mn 29.63%
9 EPAM Systems 5.52 Bn 1.16 Bn 429.57 Mn 26.73%
10 Next Technology Holding 4.16 Mn -332.58 Mn 353,827.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 21.00%
Mar 31, 2025 21.00%
Dec 31, 2024 42.44%
Sep 30, 2024 21.00%
Mar 31, 2024 17.49%
Dec 31, 2023 0.58%
Mar 31, 2022 17.98%
Dec 31, 2021 83.64%
Jun 30, 2021 9.71%
Mar 31, 2021 21.34%
Dec 31, 2020 33.75%
Sep 30, 2020 40.38%
Jun 30, 2020 2.15%
API Access

Next Technology Holding Tax Rate API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-rate&ticker=NXTT&period=max&api_key=YOUR_API_KEY