Upexi (UPXI) Tax Rate (2021 - 2024)
Upexi (UPXI) posted Tax Rate of 19.15% for Q2 2024, up 173.8% sequentially from 25.96% in Q1 2024, and up 4920.0% YoY from 0.38% in Q3 2023.
Upexi (UPXI) Tax Rate (2021 - 2024) Analysis & Trends
Upexi has reported Tax Rate for 4 years, with the latest figure at 19.15% in Q2 2024.
- Quarterly Tax Rate rose 4920.0% year-over-year to 19.15% in Q2 2024, while the trailing twelve-month figure through Mar 2025 was 12.88% (up 3871.0% YoY) and the FY2024 annual result came in at 0.05%, up 1796.0% from the prior year.
- Tax Rate advanced to 19.15% in Q2 2024 per UPXI's latest filing, from 25.96% in the prior quarter.
- Over five years, Tax Rate peaked at 2566.48% in Q1 2022 and troughed at 30.04% in Q2 2023.
- A 4-year average of 214.18% and a median of 0.02% in 2021 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 259156 bps in 2023, then jumped 4920 bps in 2024.
- Over 4 years, Tax Rate stood at 19.11% in 2021, then gained by 13 bps to 21.62% in 2022, then plunged by 188 bps to 19.07% in 2023, then soared by 200 bps to 19.15% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 19.15%, 25.96%, and 19.07% for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,201.69 Bn | 3,772.66 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,537.64 Bn | 1,447.38 Bn | 49.47 Bn | 15.50% |
| 3 | Taboola.com | 1,133.50 Bn | 1,133.37 Bn | 139.48 Mn | 40.80% |
| 4 | Baidu | 288.92 Bn | 284.42 Bn | 1.88 Mn | 13.72% |
| 5 | Spotify Technology | 102.35 Bn | 92.11 Bn | 1.75 Bn | 23.05% |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | -3.36% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 21.00% |
| 8 | Nebius | 49.30 Bn | 39.67 Bn | 295.20 Mn | - |
| 9 | 30.45 Bn | 27.66 Bn | 734.60 Mn | 1.55% | |
| 10 | Upexi | 53.01 Mn | 49.53 Mn | 4.35 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 19.15% |
| Jun 30, 2024 | 19.15% |
| Jun 30, 2024 | 19.15% |
| Mar 31, 2024 | -25.96% |
| Mar 31, 2024 | -25.96% |
| Mar 31, 2024 | -25.96% |
| Dec 31, 2023 | -19.07% |
| Dec 31, 2023 | -19.07% |
| Dec 31, 2023 | -19.07% |
| Sep 30, 2023 | -20.46% |
| Sep 30, 2023 | -20.46% |
| Sep 30, 2023 | -20.46% |
| Jun 30, 2023 | -30.04% |
| Jun 30, 2023 | -30.04% |
| Jun 30, 2023 | -30.04% |
| Mar 31, 2023 | -25.09% |
| Mar 31, 2023 | -25.09% |
| Mar 31, 2023 | -25.09% |
| Dec 31, 2022 | 21.62% |
| Dec 31, 2022 | 21.62% |