Next Technology Holding (NXTT) Tax Rate (2020 - 2026)
Next Technology Holding (NXTT) reported Tax Rate of 20.5% for Q1 2026, down 50.0% year-over-year from 41.0% in Q1 2025, and up 12.5% quarter-over-quarter from 18.22% in Q4 2025.
Next Technology Holding (NXTT) Tax Rate (2020 - 2026) Analysis & Trends
Next Technology Holding (NXTT) has 7 years of Tax Rate data on file, last reported at 20.5% in Q1 2026.
- Tax Rate for Q1 2026 came in at 20.5%, down 50.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.51% (down 961.0% YoY), and the FY2025 annual result was 28.26%, up 60.0% from the prior year.
- Tax Rate rose to 20.5% in Q1 2026 per NXTT's latest filing, from 18.22% 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 28.5% and a median of 17.73% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 64321 bps in 2022, then surged 56016 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 559.57% in 2022, then soared by 100 bps to 0.58% in 2023, then soared by 7163 bps to 42.44% in 2024, then plunged by 57 bps to 18.22% in 2025, then gained by 12 bps to 20.5% in 2026.
- Business Quant data shows NXTT's Tax Rate at 20.5% in Q1 2026, 18.22% in Q4 2025, and 76.17% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Next Technology Holding | 14.42 Mn | -145.30 Mn | 77,884.00 | 20.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.50% |
| Mar 31, 2026 | 20.50% |
| Dec 31, 2025 | 18.22% |
| Dec 31, 2025 | 18.22% |
| Sep 30, 2025 | -76.17% |
| Sep 30, 2025 | -76.17% |
| Jun 30, 2025 | 21.00% |
| Jun 30, 2025 | 21.00% |
| Mar 31, 2025 | 21.00% |
| Mar 31, 2025 | 21.00% |
| Dec 31, 2024 | 42.44% |
| Dec 31, 2024 | 42.44% |
| Sep 30, 2024 | 21.00% |
| Sep 30, 2024 | 21.00% |
| Jun 30, 2024 | 21.00% |
| Jun 30, 2024 | 21.00% |
| Mar 31, 2024 | 17.49% |
| Mar 31, 2024 | 17.49% |
| Dec 31, 2023 | 0.58% |
| Dec 31, 2023 | 0.58% |