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

Rekor Systems has reported Tax Rate for 8 years, with the latest figure at 0.28% in Q4 2023.

• For the quarter ending Q4 2023, Tax Rate fell 74.0% year-over-year to 0.28%; the trailing twelve-month figure through Dec 2023 stood at 0.07% (down 124.0% YoY), and the FY2025 full-year result was 0.04%, down 2.0% from the prior year.
• Tax Rate for Q4 2023 stood at 0.28%, down from 0.45% in the prior quarter.
• The five-year high for Tax Rate was 33.45% in Q4 2021, with the low at 1.7% in Q2 2020.
• Historically, Tax Rate has averaged 2.04% across 5 years, with a median of 0.19% in 2020.
• Annual changes were most pronounced in 2021 — Tax Rate jumped 3483 bps — and 2022, when it slumped 3299 bps.
• Rekor Systems' Tax Rate stood at 0.36% in 2019, then slumped by 288 bps to 1.39% in 2020, then jumped by 2511 bps to 33.45% in 2021, then plunged by 99 bps to 0.45% in 2022, then tumbled by 163 bps to 0.28% in 2023.
• The last three Tax Rate figures came in at 0.28% (Q4 2023), 0.45% (Q4 2022), and 1.94% (Q3 2022), per Business Quant data.