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

Bicycle Therapeutics (BCYC) reported Tax Rate of 0.28% for Q1 2026, down 206.0% on a YoY basis from 0.27% in Q1 2025, and up 94.48% quarter-over-quarter from 5.14% in Q4 2025.

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

Bicycle Therapeutics has reported Tax Rate for 9 years, with the latest figure at 0.28% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 206.0% year-over-year to 0.28%; the trailing twelve-month figure through Mar 2026 stood at 0.65% (down 1960.0% YoY), and the FY2025 full-year result was 0.09%, up 8247.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.28%, up from 5.14% in the prior quarter.
  • The five-year high for Tax Rate was 6.27% in Q3 2024, with the low at 5.14% in Q4 2025.
  • Historically, Tax Rate has averaged 0.29% across 5 years, with a median of 0.7% in 2022.
  • Annual changes were most pronounced in 2024 — Tax Rate jumped 1104 bps — and 2025, when it plunged 662 bps.
  • Bicycle Therapeutics' Tax Rate stood at 1.23% in 2022, then plunged by 156 bps to 0.69% in 2023, then decreased by 28 bps to 0.88% in 2024, then sank by 483 bps to 5.14% in 2025, then surged by 94 bps to 0.28% in 2026.
  • The last three Tax Rate figures came in at 0.28% (Q1 2026), 5.14% (Q4 2025), and 0.35% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Bicycle Therapeutics 278.04 Mn 278.04 Mn - -0.28

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.28%
Mar 31, 2026 -0.28%
Dec 31, 2025 -5.14%
Dec 31, 2025 -5.14%
Sep 30, 2025 -0.35%
Sep 30, 2025 -0.35%
Jun 30, 2025 0.29%
Jun 30, 2025 0.29%
Mar 31, 2025 1.78%
Mar 31, 2025 1.78%
Dec 31, 2024 -0.88%
Dec 31, 2024 -0.88%
Sep 30, 2024 6.27%
Sep 30, 2024 6.27%
Jun 30, 2024 -0.25%
Jun 30, 2024 -0.25%
Mar 31, 2024 1.49%
Mar 31, 2024 1.49%
Dec 31, 2023 -0.69%
Dec 31, 2023 -0.69%