Connect Biopharma Holdings (CNTB) Tax Rate (2024 - 2026)
Connect Biopharma Holdings' (CNTB) quarterly Tax Rate came in at 0.35% in Q2 2026, up 8.0% year-over-year from 0.32% in Q2 2025, and down 40.43% quarter-over-quarter from 0.25% in Q1 2026.
Analysis
Connect Biopharma Holdings (CNTB) Tax Rate (2024 - 2026) Analysis & Trends
Connect Biopharma Holdings has disclosed Tax Rate across 3 years of filings, most recently posting 0.35% for Q2 2026.
- In Q2 2026, Tax Rate rose 8.0% year-over-year to 0.35%; the TTM figure through Jun 2026 stood at 0.28% (up 32.0% YoY), while the FY2025 annual figure was 0.36%, up 109.0% from the prior year.
- Tax Rate came in at 0.35% for Q2 2026 at Connect Biopharma Holdings, down from 0.25% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.2% in Q2 2024 to a low of 1.2% in Q4 2024.
- Average Tax Rate over 3 years is 0.39%, with a median of 0.35% recorded in 2025.
- The largest YoY upside for Tax Rate was 103 bps in 2025 against a maximum downside of 63 bps in 2025.
- Over 3 years, Tax Rate stood at 1.2% in 2024, then surged by 85 bps to 0.18% in 2025, then sank by 95 bps to 0.35% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 0.35% in Q2 2026, 0.25% in Q1 2026, and 0.18% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 14.20% |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | -2.36% |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 20.98% |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 15.11% |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -10.89% |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | -1.96% |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 7.49% |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 26.36% |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 1.34% |
| 10 | Connect Biopharma Holdings | 129.86 Mn | 129.86 Mn | - | -0.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.35% |
| Mar 31, 2026 | -0.25% |
| Dec 31, 2025 | -0.18% |
| Sep 30, 2025 | -0.36% |
| Jun 30, 2025 | -0.43% |
| Mar 31, 2025 | -0.53% |
| Dec 31, 2024 | -1.20% |
| Sep 30, 2024 | -0.44% |
| Jun 30, 2024 | 0.20% |
| Mar 31, 2024 | -0.35% |