Clearmind Medicine (CMND) Tax Rate (2023 - 2026)
Clearmind Medicine's (CMND) quarterly Tax Rate came in at 0.16% in Q2 2026, down 254.0% on a YoY basis from 0.11% in Q2 2025, and up 57.49% quarter-over-quarter from 0.1% in Q1 2026.
Analysis
Clearmind Medicine (CMND) Tax Rate (2023 - 2026) Analysis & Trends
Clearmind Medicine (CMND) has reported Tax Rate for 4 consecutive years, with 0.16% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 254.0% year-over-year to 0.16%; the trailing twelve-month figure through Apr 2026 stood at 0.22% (down 408.0% YoY), and the FY2025 full-year result was 1.86%, down 589.0% from the prior year.
- Tax Rate rose to 0.16% in Q2 2026 per CMND's latest filing, from 0.1% in the prior quarter.
- Across five years, Tax Rate topped out at 17.28% in Q1 2024 and bottomed at 1.14% in Q3 2023.
- Historically, Tax Rate has averaged 3.1% across 4 years, with a median of 0.54% in 2025.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 1710 bps in 2024, then tumbled 1347 bps in 2025.
- Over 4 years, Tax Rate stood at 0.28% in 2023, then soared by 4308 bps to 12.33% in 2024, then slumped by 97 bps to 0.32% in 2025, then slumped by 49 bps to 0.16% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.16%, 0.1%, and 0.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn | -23.71% |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn | 62.33% |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn | -31.96% |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - | - |
| 8 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | 22.08% |
| 9 | United Therapeutics | 20.81 Bn | 18.15 Bn | 683.80 Mn | 10.65% |
| 10 | Clearmind Medicine | 14,742.44 | -13.58 Mn | - | 0.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 0.16% |
| Jan 31, 2026 | 0.10% |
| Oct 31, 2025 | 0.32% |
| Jul 31, 2025 | 0.63% |
| Apr 30, 2025 | 2.71% |
| Jan 31, 2025 | 3.81% |
| Oct 31, 2024 | 12.33% |
| Jul 31, 2024 | 2.08% |
| Apr 30, 2024 | 4.22% |
| Jan 31, 2024 | 17.28% |
| Oct 31, 2023 | 0.28% |
| Jul 31, 2023 | -1.14% |
| Apr 30, 2023 | 0.45% |
| Jan 31, 2023 | 0.18% |