DoubleDown Interactive (DDI) Tax Rate (2020 - 2024)
DoubleDown Interactive (DDI) reported Tax Rate of 25.78% for Q4 2024, down 200.0% on a YoY basis from 25.78% in Q1 2024, and up 0.62% quarter-over-quarter from 25.94% in Q3 2024.
DoubleDown Interactive (DDI) Tax Rate (2020 - 2024) Analysis & Trends
DoubleDown Interactive has reported Tax Rate for 5 years, with the latest figure at 25.78% in Q4 2024.
- For the quarter ending Q4 2024, Tax Rate fell 200.0% year-over-year to 25.78%; the trailing twelve-month figure through Dec 2024 stood at 23.67% (down 63.0% YoY), and the FY2025 full-year result was 26.58%, up 298.0% from the prior year.
- Tax Rate for Q4 2024 stood at 25.78%, up from 25.94% in the prior quarter.
- The five-year high for Tax Rate was 13.34% in Q2 2021, with the low at 32.24% in Q4 2022.
- Historically, Tax Rate has averaged 23.34% across 5 years, with a median of 23.86% in 2021.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 1275 bps — and 2023, when it surged 846 bps.
- DoubleDown Interactive's Tax Rate stood at 24.62% in 2020, then declined by 1 bps to 24.94% in 2021, then declined by 29 bps to 32.24% in 2022, then advanced by 26 bps to 23.78% in 2023, then retreated by 8 bps to 25.78% in 2024.
- The last three Tax Rate figures came in at 25.78% (Q4 2024), 25.94% (Q3 2024), and 22.05% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.76 Bn | 47.89 Bn | 1.76 Bn | 20.38% |
| 2 | Take Two Interactive Software | 42.04 Bn | 40.05 Bn | 938.70 Mn | -368.50% |
| 3 | Roblox | 34.08 Bn | 30.86 Bn | 1.15 Bn | -0.40% |
| 4 | Playtika Holding | 1.32 Bn | 539.18 Mn | 384.10 Mn | 22.09% |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 264.26% |
| 6 | Gdev | 221.62 Mn | 113.30 Mn | 75.00 Mn | 1.07% |
| 7 | Meridian Holdings | 164.46 Mn | 149.93 Mn | 28.14 Mn | 24.30% |
| 8 | Skillz | 132.36 Mn | -27.57 Mn | 25.51 Mn | -0.68% |
| 9 | Brag House Holdings | 89.71 Mn | 89.57 Mn | - | - |
| 10 | DoubleDown Interactive | 28.07 Mn | -505.13 Mn | 69.71 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -25.78% |
| Dec 31, 2024 | -25.78% |
| Sep 30, 2024 | -25.94% |
| Sep 30, 2024 | -25.94% |
| Jun 30, 2024 | -22.05% |
| Jun 30, 2024 | -22.05% |
| Mar 31, 2024 | -20.83% |
| Mar 31, 2024 | -20.83% |
| Dec 31, 2023 | -23.78% |
| Dec 31, 2023 | -23.78% |
| Sep 30, 2023 | -22.45% |
| Sep 30, 2023 | -22.45% |
| Jun 30, 2023 | -23.69% |
| Jun 30, 2023 | -23.69% |
| Mar 31, 2023 | -22.21% |
| Mar 31, 2023 | -22.21% |
| Dec 31, 2022 | -32.24% |
| Dec 31, 2022 | -32.24% |
| Sep 30, 2022 | -17.03% |
| Sep 30, 2022 | -17.03% |