Next Technology Holding (NXTT) Tax Rate (2020 - 2026)
Next Technology Holding's (NXTT) quarterly Tax Rate came in at 30.81% in Q2 2026, up 981.0% year-over-year from 2.85% in Q2 2025, and up 50.29% quarter-over-quarter from 20.5% in Q1 2026.
Analysis
Next Technology Holding (NXTT) Tax Rate (2020 - 2026) Analysis & Trends
Next Technology Holding (NXTT) has reported Tax Rate for 7 consecutive years, with 30.81% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 981.0% year-over-year to 30.81% in Q2 2026; TTM through Jun 2026 was 18.06%, a 363.0% decrease from a year earlier, with the FY2025 full-year figure at 28.26%, up 60.0% from the prior year.
- Tax Rate was 30.81% for Q2 2026 at Next Technology Holding, up from 20.5% in the prior quarter.
- Over five years, Tax Rate peaked at 42.44% in Q4 2024 and troughed at 559.57% in Q4 2022.
- A 5-year average of 25.01% and a median of 17.98% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 64321 bps in 2022 and jumped 56016 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 559.57% in 2022, then surged by 100 bps to 0.58% in 2023, then surged by 7163 bps to 42.44% in 2024, then sank by 57 bps to 18.22% in 2025, then surged by 69 bps to 30.81% in 2026.
- The last three Tax Rate figures came in at 30.81% (Q2 2026), 20.5% (Q1 2026), and 18.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 29.49% |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 26.40% |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | 26.62% |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | 26.73% |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 23.14% |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 14.29% |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | 20.29% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 21.30% |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | - |
| 10 | Next Technology Holding | 4.29 Mn | -154.76 Mn | 353,827.00 | 30.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.81% |
| Mar 31, 2026 | 20.50% |
| Dec 31, 2025 | 18.22% |
| Sep 30, 2025 | -76.17% |
| Jun 30, 2025 | 21.00% |
| Mar 31, 2025 | 21.00% |
| Dec 31, 2024 | 42.44% |
| Sep 30, 2024 | 21.00% |
| Jun 30, 2024 | 21.00% |
| Mar 31, 2024 | 17.49% |
| Dec 31, 2023 | 0.58% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | -23.62% |
| Dec 31, 2022 | -559.57% |
| Sep 30, 2022 | 3.22% |
| Jun 30, 2022 | -1.09% |
| Mar 31, 2022 | 17.98% |
| Dec 31, 2021 | 83.64% |
| Sep 30, 2021 | -6.75% |
| Jun 30, 2021 | 9.71% |