Skkynet Cloud Systems (SKKY) Tax Rate (2015 - 2026)

Skkynet Cloud Systems (SKKY) reported Tax Rate of 57.85% for Q2 2026, up 5840.0% on a YoY basis from 0.97% in Q2 2025, and up 3475.11% sequentially from 1.71% in Q1 2026.

Skkynet Cloud Systems (SKKY) Tax Rate (2015 - 2026) Analysis & Trends

Skkynet Cloud Systems (SKKY) has 10 years of Tax Rate data on file, last reported at 57.85% in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate rose 5840.0% year-over-year to 57.85%; the trailing twelve-month figure through Apr 2026 stood at 36.36% (up 3500.0% YoY), and the FY2025 full-year result was 239.07%, down 20326.0% from the prior year.
  • Tax Rate grew to 57.85% in Q2 2026, from 1.71% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 68.68% in Q2 2022 to a low of 88.56% in Q4 2023.
  • A 5-year average of 8.77% and a median of 1.72% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 9493 bps in 2023 and jumped 9028 bps in 2024, its largest moves.
  • Tracing SKKY's Tax Rate over 5 years: stood at 0.58% in 2022, then tumbled by 15304 bps to 88.56% in 2023, then surged by 102 bps to 1.72% in 2024, then jumped by 193 bps to 5.04% in 2025, then soared by 1048 bps to 57.85% in 2026.
  • Business Quant data shows SKKY's Tax Rate at 57.85% in Q2 2026, 1.71% in Q1 2026, and 5.04% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 19.22
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -12.08
3 Oracle 329.59 Bn 297.69 Bn - -10.34
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 1.37
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 21.31
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn -6.22
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 18.58
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn -7.01
10 Skkynet Cloud Systems 781,550.02 -557,640.98 - 57.85

Historic Data

Download Data
DateValue
Apr 30, 2026 57.85
Apr 30, 2026 57.85
Apr 30, 2026 57.85
Jan 31, 2026 -1.71
Jan 31, 2026 -1.71
Jan 31, 2026 -1.71
Oct 31, 2025 5.04
Oct 31, 2025 5.04
Oct 31, 2025 5.04
Jul 31, 2025 65.08
Jul 31, 2025 65.08
Jul 31, 2025 65.08
Apr 30, 2025 -0.55
Apr 30, 2025 -0.55
Apr 30, 2025 -0.55
Oct 31, 2024 1.72
Oct 31, 2024 1.72
Oct 31, 2024 1.72
Apr 30, 2024 14.56
Apr 30, 2024 14.56