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| Date | Value |
|---|---|
| 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 |