Xero (ASX:XRO) Tax Provision: A$-144 Mil (TTM As of Mar. 2026)


ASX:XRO Xero Ltd ASX:XRO
81 GF Score
Price A$72.25
GF Value A$196.35
Valuation Possible Value Trap
! 7 Warning Signs
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What is Xero Tax Provision?

Xero ASX:XRO +1.43% 81 Tax Provision is A$-144 Mil as of Mar. 2026. GuruFocus rates ASX:XRO with a GF Score™ of 81/100 and a GF Value™ of A$196.35 (Possible Value Trap). The stock has 7 warning signs investors should review.

Xero's tax provision for the six months ended in Mar. 2026 was A$-59 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was A$-144 Mil.

Xero Tax Provision Historical Data

* Premium members only.

The historical data trend for Xero's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xero Tax Provision Chart

Xero Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.67 -35.44 -80.05 -122.54 -143.69

Xero Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -49.60 -54.75 -67.79 -84.48 -59.22
ASX:XRO
81GF Score
Xero Ltd ASX:XRO
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Xero Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-144 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of A$-144 Mil mean?
Xero (ASX:XRO) has a Tax Provision of A$-144 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Xero and its competitors.
Is Xero's Tax Provision too high?
Xero's current Tax Provision is A$-144 Mil. Overall, Xero has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xero's Tax Provision compare to UBER and SHOP?
Xero's Tax Provision of A$-144 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Software company?
A good Tax Provision depends on the Software industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Xero and its competitors. Xero's current Tax Provision is A$-144 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xero stock overvalued right now?
Based on GuruFocus' analysis, Xero (ASX:XRO) is currently considered Possible Value Trap. The stock's GF Value™ is A$196.35, compared to a current price of A$72.25 — trading 63.2% below its estimated fair value. The current Tax Provision is A$-144 Mil. Xero's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Xero (ASX:XRO), the current Tax Provision is A$-144 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Xero (ASX:XRO) Overvalued in 2026?

Based on GuruFocus' analysis, Xero stock appears to be undervalued. The current stock price of A$72.25 is trading 63.2% below its estimated GF Value™ of A$196.35. GuruFocus considers Xero to be Possible Value Trap.

Key valuation signals for ASX:XRO:

  • Tax Provision: A$-144 Mil
  • GF Value™: A$196.35 vs. price of A$72.25 (63.2% below fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the ASX:XRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Xero Business Description

Other Exchanges XROLF:USA0XE:Germany
Address 19-23 Taranaki Street, Te Aro, Wellington, NTL, NZL, 6011
Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsized enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the UK and the US.
81GF Score

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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$72.25
Price
A$196.35
GF Value