Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of -34.91% is 316% below its 3-year average of 16.19%, near the low end of its 3-year range (-34.91%–89.83%).
As of the fiscal period ended Friday, July 31, 2026. 77.99% below its 12-month average of -19.61%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
-34.91%
TAX RATE AVG TTM
-19.61%
TAX RATE AVG 3Y
6.99%
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-77.99%
CURRENT VS 3Y AVG
-599.76%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2026-07-31 | -34.91% |
| 2026-04-30 | -17.67% |
| 2026-01-31 | -6.26% |
| 2024-07-31 | 18.95% |
| 2024-04-30 | 14.22% |
| 2024-01-31 | 19.85% |
| 2023-10-31 | 26.47% |
| 2023-07-31 | 35.23% |
| 2023-04-30 | 89.83% |