Bicycle Therapeutics (BCYC) Tax Rate (2018 - 2026)

Bicycle Therapeutics (BCYC) posted Tax Rate of 0.28% for Q1 2026, down 127.7% on a QoQ basis from 1.02% in Q4 2025, and down 204.0% year-over-year from 0.27% in Q1 2025.

Bicycle Therapeutics (BCYC) Tax Rate (2018 - 2026) Analysis & Trends

Bicycle Therapeutics' Tax Rate history runs 9 years deep, the most recent figure standing at 0.28% for Q1 2026.

  • Quarterly Tax Rate fell 204.0% year-over-year to 0.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.19% (up 2653.0% YoY) and the FY2025 annual result came in at 15.07%, up 1231.0% from the prior year.
  • Tax Rate was 0.28% for Q1 2026 at Bicycle Therapeutics, down from 1.02% in the prior quarter.
  • Across five years, Tax Rate topped out at 6.36% in Q3 2024 and bottomed at 4.83% in Q3 2023.
  • A 5-year average of 0.89% and a median of 1.2% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate soared 1119 bps — and 2025, when it slumped 670 bps.
  • Bicycle Therapeutics' Tax Rate stood at 1.22% in 2022, then sank by 78 bps to 0.27% in 2023, then surged by 693 bps to 2.11% in 2024, then tumbled by 51 bps to 1.02% in 2025, then tumbled by 128 bps to 0.28% in 2026.
  • Business Quant data shows BCYC's Tax Rate at 0.28% in Q1 2026, 1.02% in Q4 2025, and 0.34% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Bicycle Therapeutics 272.11 Mn 272.11 Mn - -0.28

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.28
Mar 31, 2026 -0.28
Mar 31, 2026 -0.28
Dec 31, 2025 1.02
Dec 31, 2025 1.02
Dec 31, 2025 1.02
Sep 30, 2025 -0.34
Sep 30, 2025 -0.34
Sep 30, 2025 -0.34
Jun 30, 2025 0.25
Jun 30, 2025 0.25
Jun 30, 2025 0.25
Mar 31, 2025 1.76
Mar 31, 2025 1.76
Mar 31, 2025 1.76
Dec 31, 2024 2.11
Dec 31, 2024 2.11
Dec 31, 2024 2.11
Sep 30, 2024 6.36
Sep 30, 2024 6.36