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 -22.43% is 280% below its 5-year average of 12.49%, near the low end of its 5-year range (-23.94%–90.99%).
As of the fiscal period ended Friday, July 31, 2026. 242.88% below its 12-month average of 15.70%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q3 FY2026 (2026-07-31): -22.43%.
TAX RATE
-22.43%
TAX RATE AVG TTM
15.70%
TAX RATE AVG 3Y
18.95%
TAX RATE AVG 5Y
12.49%
TAX RATE AVG 10Y
8.73%
TAX RATE AVG 15Y
4.91%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-242.88%
CURRENT VS 3Y AVG
-218.35%
CURRENT VS 5Y AVG
-279.61%
CURRENT VS 10Y AVG
-356.87%
CURRENT VS 15Y AVG
-556.98%
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 | -22.43% |
| 2026-04-30 | 20.43% |
| 2026-01-31 | 21.58% |
| 2025-10-31 | 42.01% |
| 2025-07-31 | 16.89% |
| 2025-04-30 | 28.20% |
| 2025-01-31 | 2.34% |
| 2024-10-31 | 41.32% |
| 2024-07-31 | 21.86% |
| 2024-04-30 | 13.77% |
| 2024-01-31 | 19.55% |
| 2023-07-31 | 3.56% |
| 2023-04-30 | 1.95% |
| 2023-01-31 | -2.64% |
| 2022-10-31 | 38.84% |
| 2022-07-31 | 13.45% |
| 2022-04-30 | -23.94% |
| 2022-01-31 | 15.74% |
| 2021-10-31 | 90.99% |
| 2021-07-31 | -15.21% |
| 2021-04-30 | -13.87% |
| 2021-01-31 | -13.35% |
| 2020-10-31 | -25.68% |
| 2020-07-31 | 21.83% |
| 2020-01-31 | 6.97% |
| 2019-10-31 | 49.72% |
| 2019-07-31 | 16.49% |
| 2019-04-30 | 13.62% |
| 2019-01-31 | 8.24% |
| 2018-10-31 | -139.62% |
| 2018-07-31 | 0.00% |
| 2017-07-31 | -0.31% |
| 2017-04-30 | 0.00% |
| 2017-01-31 | 0.00% |
| 2016-10-31 | -4.05% |
| 2016-07-31 | 0.00% |
| 2016-04-30 | 0.00% |
| 2016-01-31 | 0.00% |
| 2015-07-31 | 0.00% |
| 2015-04-30 | 0.00% |
| 2015-01-31 | 0.00% |
| 2014-10-31 | -32.03% |
| 2014-07-31 | 0.00% |
| 2014-04-30 | 0.00% |
| 2014-01-31 | 0.00% |
| 2013-10-31 | 7.33% |
| 2013-07-31 | 0.00% |
| 2013-04-30 | 0.00% |
| 2013-01-31 | 0.00% |
| 2012-10-31 | -3.05% |
| 2012-07-31 | -20.75% |
| 2012-04-30 | -48.94% |
| 2012-01-31 | -104.55% |
| 2011-10-31 | -54.90% |
| 2011-07-31 | -52.63% |
| 2011-04-30 | 0.00% |
| 2010-10-31 | 0.00% |
| 2010-07-31 | 0.00% |
| 2010-01-31 | -201.13% |