Next Technology Holding (NXTT) Tax Rate (2020 - 2026)
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.
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Analysis
Next Technology Holding (NXTT) Tax Rate (2020 - 2026) 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 | 51.06 Bn | 16.35 Bn | 1.60 Bn | 29.15% |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 27.46% |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 26.92% |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 25.04% |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | 26.62% |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 19.09% |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 26.10% |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 24.07% |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 20.70% |
| 10 | Next Technology Holding | 8.69 Mn | -479.62 Mn | 2.53 Mn | 21.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.19% |
| 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 | 33.03% |
| Sep 30, 2020 | 26.48% |
| 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_KEYimport 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();