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| Date | Value |
|---|---|
| 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 |