Soundthinking (SSTI) Tax Rate (2018 - 2023)
Soundthinking's Tax Rate was -0.70% in Q2 2026, up 2.14 percentage points from -2.83% a year earlier but down 0.28 percentage points from the prior quarter.
Soundthinking (SSTI) Tax Rate (2018 - 2023) Analysis & Trends
On a trailing twelve-month basis, Soundthinking's Tax Rate was 0.07% through Jun 30, 2026, up 6.55 percentage points year-over-year; for FY2025, it came in at -1.21%, up 8.05 percentage points from FY2024.
- Tax Rate shows a five-year change of +6.72 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -9.26% in FY2024 (+70.26 pp), -79.52% in FY2023 (-94.98 pp), 15.45% in FY2022 (+16.73 pp) and -1.28% in FY2021 (+6.65 pp).
- Quarterly Tax Rate has moved between -45.17% (Q2 2024) and 13.34% (Q4 2023) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of +7.22 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q2 2025 (a gain of 42.34 percentage points); the worst was Q2 2024 (a drop of 30.55 percentage points).
- Per Business Quant data, SSTI's Tax Rate in the three quarters before Q2 2026 was -0.42% (Q1 2026), -3.16% (Q4 2025) and 7.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | - |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 15.97% |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | - |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 13.92% |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 7.94% |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 9.97% |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 31.08% |
| 10 | Soundthinking | 109.39 Mn | 61.11 Mn | 11.54 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 13.34% |
| Mar 31, 2021 | 38.28% |
| Sep 30, 2020 | 1.39% |
| Jun 30, 2019 | 5.38% |
| Dec 31, 2018 | 5.92% |
Soundthinking 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=SSTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SSTI", "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=SSTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();