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