Paid (PAYD) Tax Rate (2022 - 2025)
Paid (PAYD) reported Tax Rate of -1.11% for Q1 2026, down 251.10 percentage points from the prior quarter.
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Analysis
Paid (PAYD) Tax Rate (2022 - 2025) Analysis & Trends
For FY2025, Paid posted Tax Rate of 39.06%, up 44.74 percentage points from FY2024.
- Tax Rate has increased for three consecutive years, with a five-year change of +44.85 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -5.68% in FY2024 (+29.42 pp), -35.11% in FY2023 (+198.21 pp), -233.31% in FY2022 (-191.26 pp) and -42.05% in FY2021 (-36.26 pp).
- The Q1 2026 figure ranks as the lowest quarterly Tax Rate since Q4 2023.
- Year over year, Tax Rate gained in three of the last five quarters, with an average year-over-year change of +56.72 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2025 (a gain of 227.38 percentage points); the low point was Q4 2021 (a drop of 143.91 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at 249.99% (Q4 2025), 16.62% (Q3 2025) and -0.11% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 15.50% |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 16.40% |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | - |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 15.38% |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 25.63% |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 23.83% |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 24.31% |
| 10 | Paid | 21.19 Mn | 16.91 Mn | 1.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 16.62% |
| Jun 30, 2024 | 0.35% |
| Mar 31, 2024 | 1.84% |
| Jun 30, 2023 | 0.79% |
| Jun 30, 2022 | 49.71% |
API Access
Paid Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PAYD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PAYD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PAYD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();