Socket Mobile (SCKT) Tax Rate (2015 - 2023)
Socket Mobile's (SCKT) quarterly Tax Rate came in at 266.46% in Q4 2023, up 63344.0% on a YoY basis from N/an in Q4 2022, and up 2520.19% quarter-over-quarter from 10.17% in Q3 2023.
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Socket Mobile (SCKT) Tax Rate (2015 - 2023) Analysis & Trends
Socket Mobile (SCKT) has reported Tax Rate for 9 consecutive years, with 266.46% the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Tax Rate rose 63344.0% year-over-year to 266.46%; the trailing twelve-month figure through Dec 2023 stood at 21.88% (up 17339.0% YoY), and the FY2025 full-year result was 287.03%, up 30675.0% from the prior year.
- Tax Rate rose to 266.46% in Q4 2023 per SCKT's latest filing, from 10.17% in the prior quarter.
- Across five years, Tax Rate topped out at 505.54% in Q4 2021 and bottomed at 366.98% in Q4 2022.
- Historically, Tax Rate has averaged 48.53% across 5 years, with a median of 10.17% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 87252 bps in 2022, then surged 63344 bps in 2023.
- Over 5 years, Tax Rate stood at 156.17% in 2019, then plunged by 98 bps to 3.36% in 2020, then jumped by 14964 bps to 505.54% in 2021, then slumped by 173 bps to 366.98% in 2022, then surged by 173 bps to 266.46% in 2023.
- According to Business Quant data, Tax Rate over the past three periods registered 266.46%, 10.17%, and 47.86% for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Logitech International | 14.49 Bn | 12.74 Bn | 607.94 Mn | 14.48% |
| 2 | Mynd.ai | 15.25 Mn | 8.21 Mn | - | - |
| 3 | Socket Mobile | 4.30 Mn | 2.70 Mn | 1.41 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 266.46% |
| Sep 30, 2023 | 10.17% |
| Jun 30, 2023 | -47.86% |
| Dec 31, 2022 | -366.98% |
| Sep 30, 2022 | -11.76% |
| Jun 30, 2022 | 27.95% |
| Mar 31, 2022 | 18.22% |
| Dec 31, 2021 | 505.54% |
| Sep 30, 2021 | 28.77% |
| Jun 30, 2021 | 244.35% |
| Mar 31, 2021 | 0.24% |
| Dec 31, 2020 | 3.36% |
| Sep 30, 2020 | 0.02% |
| Dec 31, 2019 | 156.17% |
| Sep 30, 2019 | -9.25% |
| Jun 30, 2019 | -36.46% |
| Mar 31, 2019 | 36.04% |
| Dec 31, 2018 | 190.29% |
| Sep 30, 2018 | -27.98% |
| Jun 30, 2018 | 27.98% |
API Access
Socket Mobile 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=SCKT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SCKT", "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=SCKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();