Next Technology Holding (NXTT) Tax Rate (2020 - 2025)
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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 27.46% |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | 26.92% |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | 25.04% |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | 22.74% |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | 26.10% |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 20.97% |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 20.70% |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 14.29% |
| 10 | Next Technology Holding | 4.14 Mn | -332.60 Mn | 353,827.00 | - |
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NXTT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NXTT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();