Skkynet Cloud Systems (SKKY) Tax Rate (2015 - 2026)
Skkynet Cloud Systems' (SKKY) quarterly Tax Rate came in at 1.71% in Q1 2026, down 134.01% quarter-over-quarter from 5.04% in Q4 2025.
Skkynet Cloud Systems (SKKY) Tax Rate (2015 - 2026) Analysis & Trends
Skkynet Cloud Systems has disclosed Tax Rate across 10 years of filings, most recently posting 1.71% for Q1 2026.
- Tax Rate for Q1 2026 came in at 1.71%, changed N/A year-over-year; the trailing twelve-month figure through Jan 2026 was 4.78% (up 1414.0% YoY), and the FY2025 annual result was 239.07%, down 20326.0% from the prior year.
- Tax Rate came in at 1.71% for Q1 2026 at Skkynet Cloud Systems, down from 5.04% 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.
- The 5-year median for Tax Rate is 1.15% (2022), against an average of 3.86%.
- Across the five-year window, Tax Rate slumped 9493 bps in 2023 and jumped 9028 bps in 2024, its largest moves.
- Skkynet Cloud Systems' Tax Rate stood at 0.58% in 2022, then slumped by 15304 bps to 88.56% in 2023, then soared by 102 bps to 1.72% in 2024, then surged by 193 bps to 5.04% in 2025, then tumbled by 134 bps to 1.71% in 2026.
- The last three Tax Rate figures came in at 1.71% (Q1 2026), 5.04% (Q4 2025), and 65.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 19.22 |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 23.68 |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 15.74 |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 1.37 |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 21.31 |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | -6.22 |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 18.58 |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 18.14 |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | -7.01 |
| 10 | Skkynet Cloud Systems | - | - | - | 57.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 57.85% |
| Apr 30, 2026 | 57.85% |
| Jan 31, 2026 | -1.71% |
| Jan 31, 2026 | -1.71% |
| Oct 31, 2025 | 5.04% |
| Oct 31, 2025 | 5.04% |
| Jul 31, 2025 | 65.08% |
| Jul 31, 2025 | 65.08% |
| Apr 30, 2025 | -0.55% |
| Apr 30, 2025 | -0.55% |
| Oct 31, 2024 | 1.72% |
| Oct 31, 2024 | 1.72% |
| Apr 30, 2024 | 14.56% |
| Apr 30, 2024 | 14.56% |
| Oct 31, 2023 | -88.56% |
| Oct 31, 2023 | -88.56% |
| Apr 30, 2023 | -26.25% |
| Apr 30, 2023 | -26.25% |
| Oct 31, 2022 | 0.58% |
| Oct 31, 2022 | 0.58% |