Rekor Systems (REKR) Tax Rate (2016 - 2023)

Rekor Systems (REKR) posted Tax Rate of 0.17% for Q4 2023, down 137.2% on a QoQ basis from 0.45% in Q4 2022, and down 62.0% year-over-year from 0.44% in Q4 2022.

Rekor Systems (REKR) Tax Rate (2016 - 2023) Analysis & Trends

Rekor Systems' Tax Rate history runs 8 years deep, the most recent figure standing at 0.17% for Q4 2023.

  • Quarterly Tax Rate fell 62.0% year-over-year to 0.17% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.04% (down 121.0% YoY) and the FY2025 annual result came in at 21.0%, up 2102.0% from the prior year.
  • Tax Rate was 0.17% for Q4 2023 at Rekor Systems, down from 0.45% in the prior quarter.
  • Across five years, Tax Rate topped out at 1.94% in Q3 2022 and bottomed at 1.67% in Q2 2020.
  • A 5-year average of 0.18% and a median of 0.17% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2020 — Tax Rate tumbled 127 bps — and 2022, when it soared 197 bps.
  • Rekor Systems' Tax Rate stood at 0.36% in 2019, then sank by 291 bps to 1.4% in 2020, then surged by 97 bps to 0.03% in 2021, then surged by 1394 bps to 0.45% in 2022, then tumbled by 137 bps to 0.17% in 2023.
  • Business Quant data shows REKR's Tax Rate at 0.17% in Q4 2023, 0.45% in Q4 2022, and 1.94% in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 19.22%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -12.08%
3 Oracle 344.13 Bn 312.24 Bn - -10.34%
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 1.37%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 21.31%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn -6.22%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 18.58%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -7.01%
10 Rekor Systems 86.21 Mn 73.61 Mn 5.38 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 -0.17%
Dec 31, 2023 -0.17%
Dec 31, 2023 -0.17%
Dec 31, 2022 0.45%
Dec 31, 2022 0.45%
Dec 31, 2022 0.45%
Sep 30, 2022 1.94%
Sep 30, 2022 1.94%
Sep 30, 2022 1.94%
Dec 31, 2021 -0.03%
Dec 31, 2021 -0.03%
Dec 31, 2021 -0.03%
Sep 30, 2021 -0.03%
Sep 30, 2021 -0.03%
Sep 30, 2021 -0.03%
Jun 30, 2021 -0.06%
Jun 30, 2021 -0.06%
Jun 30, 2021 -0.06%
Mar 31, 2021 -0.06%
Mar 31, 2021 -0.06%