Corcept Therapeutics (CORT) Tax Rate (2017 - 2026)
Corcept Therapeutics' Tax Rate came in at 6.41% for Q2 2026, up 17.45 percentage points from -11.04% a year earlier but down 22.66 percentage points from the prior quarter.
Corcept Therapeutics (CORT) Tax Rate (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Corcept Therapeutics reported Tax Rate of -109.44%, down 103.49 percentage points year-over-year; for FY2025, it was -49.94%, down 62.50 percentage points from FY2024.
- Tax Rate carries a five-year change of -69.38 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 12.56% in FY2024 (-2.23 pp), 14.79% in FY2023 (+2.07 pp), 12.71% in FY2022 (+2.72 pp) and 9.99% in FY2021 (-9.45 pp).
- The five-year range for quarterly Tax Rate is -145.09% (Q4 2025) to 31.61% (Q4 2022).
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -25.31 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2026 (a gain of 142.70 percentage points), and the weakest in Q4 2025 (a drop of 148.79 percentage points).
- Business Quant data shows CORT's Tax Rate at 29.07% (Q1 2026), -145.09% (Q4 2025) and -29.03% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | - |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 20.98% |
| 10 | Corcept Therapeutics | 12.50 Bn | 11.06 Bn | 252.09 Mn | 6.41% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.41% |
| Dec 31, 2024 | 3.70% |
| Sep 30, 2024 | 10.82% |
| Jun 30, 2024 | 14.68% |
| Mar 31, 2024 | 20.66% |
| Dec 31, 2023 | 14.72% |
| Sep 30, 2023 | 13.76% |
| Jun 30, 2023 | 16.40% |
| Mar 31, 2023 | 14.10% |
| Dec 31, 2022 | 31.61% |
| Jun 30, 2022 | 14.66% |
| Mar 31, 2022 | 15.27% |
| Dec 31, 2021 | 12.75% |
| Sep 30, 2021 | 16.07% |
| Jun 30, 2021 | 17.25% |
| Dec 31, 2020 | 15.55% |
| Sep 30, 2020 | 14.66% |
| Jun 30, 2020 | 21.90% |
| Mar 31, 2020 | 23.27% |
| Dec 31, 2019 | 19.42% |
Corcept Therapeutics Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CORT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CORT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CORT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();