Priority Technology Holdings (PRTH) Tax Rate (2020 - 2025)
Priority Technology Holdings (PRTH) recorded Tax Rate of -273.47% in Q3 2025, down 305.06 percentage points from 31.59% a year earlier and down 302.37 percentage points from the prior quarter.
Priority Technology Holdings (PRTH) Tax Rate (2020 - 2025) Analysis & Trends
On a TTM basis, Priority Technology Holdings' Tax Rate came in at -23.48% as of Sep 30, 2025, down 65.12 percentage points year-over-year; for FY2024, it was 35.58%, down 82.75 percentage points from FY2023.
- Annual Tax Rate has a five-year change of +38.12 percentage points (FY2019 to FY2024).
- Across earlier years, Tax Rate came in at 118.33% in FY2023 (-48.86 pp), 167.19% in FY2022 (+31.29 pp), 135.90% in FY2021 (+122.60 pp) and 13.30% in FY2020 (+15.83 pp).
- The Q3 2025 figure is the lowest quarterly Tax Rate in data going back to Q3 2018.
- On a year-over-year basis, Tax Rate has declined for six consecutive quarters, with an average year-over-year change of -76.18 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 313.99 percentage points in Q3 2021, against a drop of 305.06 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 28.90% (Q2 2025), 21.39% (Q1 2025) and 31.17% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 15.73% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | - |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 26.96% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 30.70% |
| 10 | Priority Technology Holdings | 636.42 Mn | 644.46 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 28.90% |
| Mar 31, 2025 | 21.39% |
| Dec 31, 2024 | 31.17% |
| Sep 30, 2024 | 31.59% |
| Jun 30, 2024 | 71.67% |
| Mar 31, 2024 | 33.21% |
| Dec 31, 2023 | 105.87% |
| Sep 30, 2023 | 102.05% |
| Jun 30, 2023 | 135.11% |
| Dec 31, 2022 | 159.50% |
| Sep 30, 2022 | 188.10% |
| Jun 30, 2022 | 61.94% |
| Sep 30, 2021 | 327.80% |
| Sep 30, 2020 | 13.81% |
Priority Technology Holdings 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=PRTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PRTH", "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=PRTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();