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 Reddit 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
DateValue
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%