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Socket Mobile (SCKT) Tax Rate (2016 - 2023)

Socket Mobile filings provide 9 years of Tax Rate readings, the most recent being 1049.59% for Q4 2023.

  • On a quarterly basis, Tax Rate fell 150005.0% to 1049.59% in Q4 2023 year-over-year; TTM through Dec 2023 was 71.57%, a 18867.0% increase, with the full-year FY2025 number at 331.31%, up 35716.0% from a year prior.
  • Tax Rate hit 1049.59% in Q4 2023 for Socket Mobile, down from 9.67% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 549.08% in Q4 2021 to a low of 1049.59% in Q4 2023.
  • Median Tax Rate over the past 5 years was 9.67% (2023), compared with a mean of 20.82%.
  • Biggest five-year swings in Tax Rate: skyrocketed 54566bps in 2021 and later crashed -150005bps in 2023.
  • Socket Mobile's Tax Rate stood at 156.17% in 2019, then tumbled by -98bps to 3.42% in 2020, then soared by 15968bps to 549.08% in 2021, then fell by -18bps to 450.46% in 2022, then plummeted by -333bps to 1049.59% in 2023.
  • The last three reported values for Tax Rate were 1049.59% (Q4 2023), 9.67% (Q3 2023), and 41.29% (Q2 2023) per Business Quant data.