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 | 3,522.13 Bn | 3,257.03 Bn | 76.16 Bn | 18.20% |
| 2 | Meta Platforms | 1,639.39 Bn | 1,303.91 Bn | 51.23 Bn | 24.16% |
| 3 | Netflix | 259.77 Bn | 221.06 Bn | 6.80 Bn | 15.13% |
| 4 | Alibaba Group Holding | 238.46 Bn | 60.53 Bn | 15.16 Bn | - |
| 5 | Shopify | 188.67 Bn | 173.82 Bn | 1.78 Bn | 7.41% |
| 6 | Uber Technologies | 142.87 Bn | 114.08 Bn | 6.42 Bn | 28.54% |
| 7 | AppLovin | 131.04 Bn | 119.57 Bn | 1.94 Bn | 17.49% |
| 8 | Spotify Technology | 124.73 Bn | 81.65 Bn | 1.89 Bn | 26.52% |
| 9 | Booking Holdings | 119.44 Bn | 53.19 Bn | - | 20.63% |
| 10 | Paid | 20.77 Mn | 16.48 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();