Owlet (OWLT) Tax Rate (2021 - 2026)
Owlet (OWLT) posted quarterly Tax Rate of 0.21% for Q1 2026, down 61.0% year-over-year from 0.54% in Q1 2025, and down 174.53% quarter-over-quarter from 0.28% in Q4 2025.
Owlet (OWLT) Tax Rate (2021 - 2026) Analysis & Trends
Owlet (OWLT) has reported Tax Rate for 6 consecutive years, with 0.21% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 61.0% year-over-year to 0.21%; the TTM figure through Mar 2026 stood at 0.05% (up 47.0% YoY), while the FY2025 annual figure was 0.07%, up 36.0% from the prior year.
- Tax Rate eased to 0.21% in Q1 2026 per OWLT's latest filing, from 0.28% in the prior quarter.
- Across five years, Tax Rate topped out at 0.4% in Q1 2025 and bottomed at 1.96% in Q2 2024.
- Historically, Tax Rate has averaged 0.16% across 5 years, with a median of 0.06% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate sank 190 bps — and 2025, when it jumped 187 bps.
- Owlet's Tax Rate stood at 0.01% in 2022, then sank by 1309 bps to 0.07% in 2023, then slumped by 391 bps to 0.35% in 2024, then surged by 180 bps to 0.28% in 2025, then plunged by 175 bps to 0.21% in 2026.
- Business Quant data shows OWLT's Tax Rate at 0.21% in Q1 2026, 0.28% in Q4 2025, and 0.22% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 26.51% |
| 10 | Owlet | 164.96 Mn | 128.41 Mn | 21.82 Mn | -1.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.64% |
| Jun 30, 2026 | -1.64% |
| Jun 30, 2026 | -1.64% |
| Mar 31, 2026 | -0.21% |
| Mar 31, 2026 | -0.21% |
| Mar 31, 2026 | -0.21% |
| Dec 31, 2025 | 0.28% |
| Dec 31, 2025 | 0.28% |
| Dec 31, 2025 | 0.28% |
| Sep 30, 2025 | 0.22% |
| Sep 30, 2025 | 0.22% |
| Sep 30, 2025 | 0.22% |
| Jun 30, 2025 | -0.09% |
| Jun 30, 2025 | -0.09% |
| Jun 30, 2025 | -0.09% |
| Mar 31, 2025 | 0.40% |
| Mar 31, 2025 | 0.40% |
| Mar 31, 2025 | 0.40% |
| Dec 31, 2024 | -0.35% |
| Dec 31, 2024 | -0.35% |