CorMedix (CRMD) Tax Rate (2025 - 2026)
CorMedix's Tax Rate was 32.90% in Q2 2026, up 30.34 percentage points from 2.57% a year earlier.
CorMedix (CRMD) Tax Rate (2025 - 2026) Analysis & Trends
On a trailing twelve-month basis, CorMedix's Tax Rate was -0.17% through Jun 30, 2026, down 1.18 percentage points year-over-year; for FY2025, it was -8.69%, down 15.91 percentage points from FY2024.
- Tax Rate shows a five-year change of -27.70 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 7.22% in FY2024, 1.93% in FY2022 (-2.31 pp) and 4.24% in FY2021 (-14.76 pp).
- Quarterly Tax Rate has moved between -106.49% (Q3 2025) and 75.16% (Q4 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last four quarters, with an average year-over-year change of +0.43 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 23.26% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | - |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 12.61% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 8.85% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | - |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 17.54% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 20.70% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 3.96% |
| 10 | CorMedix | 417.07 Mn | -222.82 Mn | 77.13 Mn | 32.90% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.90% |
| Mar 31, 2026 | 30.63% |
| Dec 31, 2025 | 75.16% |
| Jun 30, 2025 | 2.57% |
CorMedix 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=CRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CRMD", "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=CRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();