authID (AUID) Tax Rate (2017 - 2023)

authID (AUID) reported Tax Rate of 0.01% for Q4 2023, up 12.0% on a YoY basis from 0.01% in Q4 2022, and up 140.64% quarter-over-quarter from 0.03% in Q2 2023.

authID (AUID) Tax Rate (2017 - 2023) Analysis & Trends

authID has reported Tax Rate for 7 years, with the latest figure at 0.01% in Q4 2023.

  • For the quarter ending Q4 2023, Tax Rate rose 12.0% year-over-year to 0.01%; the trailing twelve-month figure through Dec 2023 stood at 0.05% (changed 0.0% YoY), and the FY2023 full-year result was 0.01%, up 2.0% from the prior year.
  • Tax Rate for Q4 2023 stood at 0.01%, up from 0.03% in the prior quarter.
  • The five-year high for Tax Rate was 0.11% in Q3 2022, with the low at 0.93% in Q4 2019.
  • Historically, Tax Rate has averaged 0.24% across 5 years, with a median of 0.11% in 2022.
  • Annual changes were most pronounced in 2019 — Tax Rate sank 44 bps — and 2021, when it surged 63 bps.
  • authID's Tax Rate stood at 0.93% in 2019, then jumped by 33 bps to 0.62% in 2020, then jumped by 86 bps to 0.08% in 2021, then tumbled by 31 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 2,998.30 Bn 2,920.03 Bn 56.06 Bn 19.22%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 23.68%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 15.74%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 1.37%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 21.31%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn -6.22%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 18.58%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 18.14%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -7.01%
10 authID 14.57 Mn 14.57 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.01%
Dec 31, 2023 0.01%
Jun 30, 2023 -0.03%
Jun 30, 2023 -0.03%
Dec 31, 2022 -0.11%
Dec 31, 2022 -0.11%
Sep 30, 2022 0.11%
Sep 30, 2022 0.11%
Jun 30, 2022 -0.12%
Jun 30, 2022 -0.12%
Mar 31, 2022 -0.10%
Mar 31, 2022 -0.10%
Dec 31, 2021 -0.08%
Dec 31, 2021 -0.08%
Sep 30, 2021 0.05%
Sep 30, 2021 0.05%
Jun 30, 2021 -0.03%
Jun 30, 2021 -0.03%
Mar 31, 2021 -0.29%
Mar 31, 2021 -0.29%