Cytek Biosciences (CTKB) Tax Rate (2020 - 2026)
Cytek Biosciences' (CTKB) quarterly Tax Rate came in at 8.63% in Q1 2026, down 743.0% YoY from 1.34% in Q1 2025, and up 99.13% on a QoQ basis from 992.26% in Q4 2025.
Cytek Biosciences (CTKB) Tax Rate (2020 - 2026) Analysis & Trends
Cytek Biosciences (CTKB) has 7 years of Tax Rate data on file, last reported at 8.63% in Q1 2026.
- Quarterly Tax Rate fell 743.0% year-over-year to 8.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 105.72% (down 6428.0% YoY) and the FY2025 annual result came in at 122.98%, down 11736.0% from the prior year.
- Tax Rate improved to 8.63% in Q1 2026, from 992.26% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 49.89% in Q2 2022 to a low of 992.26% in Q4 2025.
- A 5-year average of 82.1% and a median of 9.63% in 2022 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 53916 bps in 2025, down 99923 bps in 2025.
- Tracing CTKB's Tax Rate over 5 years: stood at 9.63% in 2022, then plunged by 452 bps to 33.86% in 2023, then surged by 121 bps to 6.97% in 2024, then sank by 14327 bps to 992.26% in 2025, then jumped by 99 bps to 8.63% in 2026.
- The last three Tax Rate figures came in at 8.63% (Q1 2026), 992.26% (Q4 2025), and 29.6% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 26.51% |
| 10 | Cytek Biosciences | 611.56 Mn | 537.71 Mn | 28.34 Mn | -4.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.42% |
| Jun 30, 2026 | -4.42% |
| Jun 30, 2026 | -4.42% |
| Mar 31, 2026 | -8.63% |
| Mar 31, 2026 | -8.63% |
| Mar 31, 2026 | -8.63% |
| Dec 31, 2025 | -992.26% |
| Dec 31, 2025 | -992.26% |
| Dec 31, 2025 | -992.26% |
| Sep 30, 2025 | 29.60% |
| Sep 30, 2025 | 29.60% |
| Sep 30, 2025 | 29.60% |
| Jun 30, 2025 | 17.59% |
| Jun 30, 2025 | 17.59% |
| Jun 30, 2025 | 17.59% |
| Mar 31, 2025 | -1.21% |
| Mar 31, 2025 | -1.21% |
| Mar 31, 2025 | -1.21% |
| Dec 31, 2024 | 6.97% |
| Dec 31, 2024 | 6.97% |