Skkynet Cloud Systems (SKKY) Tax Rate (2018 - 2025)
Skkynet Cloud Systems (SKKY) reported Tax Rate of 91.60% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 26.52 percentage points from 65.08% a year earlier and up 33.75 percentage points from the prior quarter.
Skkynet Cloud Systems (SKKY) Tax Rate (2018 - 2025) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Skkynet Cloud Systems' Tax Rate came in at 51.91%, up 82.52 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at -239.07%, down 203.26 percentage points from FY2024.
- Tax Rate has declined for three consecutive fiscal years, with a three-year change of -886.40 percentage points (FY2022 to FY2025).
- By fiscal year, Tax Rate came in at -35.81% in FY2024 (-59.21 pp), 23.40% in FY2023 (-623.94 pp) and 647.34% in FY2022.
- The fiscal Q3 2026 figure ranks as the highest quarterly Tax Rate in data going back to fiscal Q4 2015.
- Year over year, Tax Rate gained in four of the last five quarters, with an average year-over-year change of +32.68 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q4 2024 (a gain of 90.28 percentage points); the low point was fiscal Q2 2023 (a drop of 94.93 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 57.85% (Q2 2026), -1.71% (Q1 2026) and 5.04% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn | 1.42% |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - | 15.11% |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn | - |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn | 22.54% |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn | 31.96% |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn | 22.20% |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn | 32.78% |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn | - |
| 10 | Skkynet Cloud Systems | 23.91 Mn | 18.17 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2025 | 5.04% |
| Oct 31, 2024 | 1.72% |
| Oct 31, 2022 | 0.58% |
| Apr 30, 2020 | 26.38% |
| Oct 31, 2018 | 0.88% |
Skkynet Cloud Systems 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=SKKY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SKKY", "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=SKKY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();