Skkynet Cloud Systems (SKKY) Tax Rate (2015 - 2026)
Skkynet Cloud Systems (SKKY) posted Tax Rate of 57.85% for Q2 2026, up 3475.11% sequentially from 1.71% in Q1 2026, and up 5840.0% YoY from 0.97% in Q2 2025.
Skkynet Cloud Systems (SKKY) Tax Rate (2015 - 2026) Analysis & Trends
Skkynet Cloud Systems has reported Tax Rate for 10 years, with the latest figure at 57.85% in Q2 2026.
- Quarterly Tax Rate rose 5840.0% year-over-year to 57.85% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 36.36% (up 3500.0% YoY) and the FY2025 annual result came in at 239.07%, down 20326.0% from the prior year.
- Tax Rate grew to 57.85% in Q2 2026 per SKKY's latest filing, from 1.71% in the prior quarter.
- Over five years, Tax Rate peaked at 68.68% in Q2 2022 and troughed at 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.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 9493 bps in 2023, then soared 9028 bps in 2024.
- Over 5 years, Tax Rate stood at 0.58% in 2022, then slumped 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.
- According to Business Quant data, Tax Rate over the past three periods registered 57.85%, 1.71%, and 5.04% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 24.84% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -10.34% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 1.42% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 71.11% |
| 10 | Skkynet Cloud Systems | 23.91 Mn | 22.58 Mn | - | 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% |