Dna X (SONM) Tax Rate (2018 - 2023)
Dna X's Tax Rate came in at -1.93% for Q3 2025, up 2.96 percentage points from -4.89% a year earlier and up 5.54 percentage points from the prior quarter.
Dna X (SONM) Tax Rate (2018 - 2023) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Dna X reported Tax Rate of 22.19%, up 25.05 percentage points year-over-year; for FY2024, it was -7.84%, down 139.53 percentage points from FY2023.
- Tax Rate carries a five-year change of -2.16 percentage points (FY2019 to FY2024).
- Going back by year, Tax Rate was 131.69% in FY2023 (+133.01 pp), -1.32% in FY2022 (-0.89 pp), -0.43% in FY2021 (-2.15 pp) and 1.71% in FY2020 (+7.39 pp).
- The five-year range for quarterly Tax Rate is -13.74% (Q1 2025) to 33.24% (Q1 2023).
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -10.80 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2023 (a gain of 34.19 percentage points), and the weakest in Q1 2024 (a drop of 37.73 percentage points).
- Business Quant data shows SONM's Tax Rate at -7.47% (Q2 2025), -13.74% (Q1 2025) and -0.60% (Q4 2024) in the three quarters before Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 19.18% |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 20.95% |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 21.53% |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 24.24% |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 22.36% |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 21.96% |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 8.10% |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 25.59% |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 28.62% |
| 10 | Dna X | 6.47 Mn | 938,965.66 | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 15.41% |
| Jun 30, 2023 | 12.39% |
| Mar 31, 2023 | 33.24% |
| Dec 31, 2018 | 1.97% |
| Jun 30, 2018 | 592.00% |
Dna X 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=SONM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SONM", "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=SONM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();