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

Bicycle Therapeutics' (BCYC) quarterly Tax Rate came in at 0.2% in Q2 2026, down 49.0% YoY from 0.39% in Q2 2025, and up 39.64% on a QoQ basis from 0.33% in Q1 2026.

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

Bicycle Therapeutics (BCYC) has 9 years of Tax Rate data on file, last reported at 0.2% in Q2 2026.

  • Quarterly Tax Rate fell 49.0% year-over-year to 0.2% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 27.18% (up 2486.0% YoY) and the FY2025 annual result came in at 24.26%, up 2159.0% from the prior year.
  • Tax Rate rose to 0.2% in Q2 2026, from 0.33% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 209.85% in Q4 2025 to a low of 14.05% in Q4 2022.
  • A 5-year average of 11.89% and a median of 1.34% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate slumped 1800 bps — and 2025, when it soared 20798 bps.
  • Tracing BCYC's Tax Rate over 5 years: stood at 14.05% in 2022, then jumped by 140 bps to 5.68% in 2023, then sank by 67 bps to 1.87% in 2024, then surged by 11108 bps to 209.85% in 2025, then slumped by 100 bps to 0.2% in 2026.
  • The last three Tax Rate figures came in at 0.2% (Q2 2026), 0.33% (Q1 2026), and 209.85% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 Bicycle Therapeutics 272.28 Mn 272.28 Mn - -0.20%

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.20%
Jun 30, 2026 -0.20%
Jun 30, 2026 -0.20%
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%