Innoviz Technologies (Innoviz Technologies) Tax Rate % : -0.18% (As of Mar. 2024)

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What is Innoviz Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Innoviz Technologies's Tax Expense for the three months ended in Mar. 2024 was $0.05 Mil. Innoviz Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was $-30.09 Mil. Therefore, Innoviz Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was -0.18%.

Innoviz Technologies Tax Rate % Historical Data

The historical data trend for Innoviz Technologies's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Innoviz Technologies Tax Rate % Chart

Innoviz Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.01

-0.23

-0.19

-0.26

-0.52

Innoviz Technologies Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial														-1.05	-0.35	-0.19	-0.40	-0.18

Innoviz Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Innoviz Technologies's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0.642	/	-122.812
	=	-0.52 %

Innoviz Technologies's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.053	/	-30.085
	=	-0.18 %

Innoviz Technologies Tax Rate % Related Terms

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Innoviz Technologies (Innoviz Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Innoviz Technologies Ltd (NAS:INVZ) » Definitions » Tax Rate %

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Address

5 Uri Ariav street, Building C, Nitzba 300, Rosh HaAin, ISR, 4809202

Website

https://www.innoviz.tech

Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger car and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructures, security and mapping.