TechTarget (TTGT) Tax Rate (2023)
TechTarget's Tax Rate came in at 8.46% for Q2 2026, up 3.78 percentage points from 4.69% a year earlier but down 5.41 percentage points from the prior quarter.
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Analysis
TechTarget (TTGT) Tax Rate (2023) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, TechTarget reported Tax Rate of 23.08%, up 23.18 percentage points year-over-year; for FY2025, it was 3.21%, down 6.48 percentage points from FY2024.
- Tax Rate has declined in each of the last three years, with a three-year change of -76.52 percentage points (FY2022 to FY2025).
- Going back by year, Tax Rate was 9.69% in FY2024 (-4.60 pp), 14.28% in FY2023 (-65.45 pp) and 79.73% in FY2022.
- The five-year range for quarterly Tax Rate is -12.98% (Q1 2023) to 43.15% (Q4 2025).
- Year-over-year, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of +4.85 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2024 (a gain of 41.28 percentage points), and the weakest in Q1 2025 (a drop of 33.61 percentage points).
- Business Quant data shows TTGT's Tax Rate at 13.88% (Q1 2026), 43.15% (Q4 2025) and 30.07% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 484.14 Bn | 453.09 Bn | 1.64 Bn | 1.42% |
| 2 | Oracle | 382.29 Bn | 254.42 Bn | - | 15.11% |
| 3 | Sap Se | 271.18 Bn | 198.96 Bn | 8.40 Bn | - |
| 4 | Salesforce | 198.30 Bn | 154.17 Bn | 8.70 Bn | 22.54% |
| 5 | ServiceNow | 157.86 Bn | 136.32 Bn | 2.82 Bn | 31.96% |
| 6 | Automatic Data Processing | 118.67 Bn | 100.80 Bn | 2.51 Bn | 22.20% |
| 7 | Intuit | 92.65 Bn | 72.00 Bn | 3.44 Bn | 32.78% |
| 8 | Relx | 71.64 Bn | 70.74 Bn | - | - |
| 9 | Strategy | 54.13 Bn | 47.12 Bn | 81.55 Mn | - |
| 10 | TechTarget | 265.73 Mn | 85.28 Mn | 64.48 Mn | - |
API Access
TechTarget 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=TTGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TTGT", "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=TTGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();