authID (AUID) Tax Rate (2017 - 2023)
authID's (AUID) quarterly Tax Rate came in at 0.01% in Q4 2023, up 12.0% YoY from 0.01% in Q4 2022, and up 140.64% on a QoQ basis from 0.03% in Q2 2023.
authID (AUID) Tax Rate (2017 - 2023) Analysis & Trends
authID (AUID) has 7 years of Tax Rate data on file, last reported at 0.01% in Q4 2023.
- Quarterly Tax Rate rose 12.0% year-over-year to 0.01% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.05% (changed 0.0% YoY) and the FY2025 annual result came in at 21.11%, changed N/A from the prior year.
- Tax Rate climbed to 0.01% in Q4 2023, from 0.03% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.11% in Q3 2022 to a low of 0.93% in Q4 2019.
- A 5-year average of 0.23% and a median of 0.11% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2019 — Tax Rate sank 44 bps — and 2021, when it surged 63 bps.
- Tracing AUID's Tax Rate over 5 years: stood at 0.93% in 2019, then jumped by 33 bps to 0.62% in 2020, then jumped by 84 bps to 0.1% in 2021, then slipped by 14 bps to 0.11% in 2022, then jumped by 111 bps to 0.01% in 2023.
- The last three Tax Rate figures came in at 0.01% (Q4 2023), 0.03% (Q2 2023), and 0.11% (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 24.84% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.42% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -10.34% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 71.11% |
| 10 | authID | 5.19 Mn | 584,339.27 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.01% |
| Dec 31, 2023 | 0.01% |
| Dec 31, 2023 | 0.01% |
| Jun 30, 2023 | -0.03% |
| Jun 30, 2023 | -0.03% |
| Jun 30, 2023 | -0.03% |
| Dec 31, 2022 | -0.11% |
| Dec 31, 2022 | -0.11% |
| Dec 31, 2022 | -0.11% |
| Sep 30, 2022 | 0.11% |
| Sep 30, 2022 | 0.11% |
| Sep 30, 2022 | 0.11% |
| Jun 30, 2022 | -0.12% |
| Jun 30, 2022 | -0.12% |
| Jun 30, 2022 | -0.12% |
| Mar 31, 2022 | -0.10% |
| Mar 31, 2022 | -0.10% |
| Mar 31, 2022 | -0.10% |
| Dec 31, 2021 | -0.10% |
| Dec 31, 2021 | -0.10% |