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| Date | Value |
|---|---|
| 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% |