Cytek Biosciences (CTKB) Tax Rate (2020 - 2026)
Cytek Biosciences posted quarterly Tax Rate of 8.63% for Q1 2026, down 775.0% year-on-year from 1.28% in Q1 2025, and up 99.13% on a QoQ basis from 993.43% in Q4 2025.
Cytek Biosciences (CTKB) has 7 years of Tax Rate data on file, last reported at 8.63% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 775.0% year-over-year to 8.63%; the trailing twelve-month figure through Mar 2026 stood at 105.88% (down 6599.0% YoY), and the FY2025 full-year result was 122.98%, down 11736.0% from the prior year.
- Tax Rate for Q1 2026 stood at 8.63%, up from 993.43% in the prior quarter.
- Across five years, Tax Rate topped out at 49.89% in Q2 2022 and bottomed at 993.43% in Q4 2025.
- The 5-year median for Tax Rate is 9.63% (2022), against an average of 82.09%.
- Peak annual rise in Tax Rate reached 53904 bps in 2025, while the deepest fall reached 100001 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 9.63% in 2022, then tumbled by 444 bps to 33.11% in 2023, then surged by 120 bps to 6.59% in 2024, then slumped by 15181 bps to 993.43% in 2025, then soared by 99 bps to 8.63% in 2026.
- The last three Tax Rate figures came in at 8.63% (Q1 2026), 993.43% (Q4 2025), and 29.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | Cytek Biosciences | - | - | 21.25 Mn | -8.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.63 |
| Mar 31, 2026 | -8.63 |
| Dec 31, 2025 | -993.43 |
| Dec 31, 2025 | -993.43 |
| Sep 30, 2025 | 29.49 |
| Sep 30, 2025 | 29.49 |
| Jun 30, 2025 | 17.59 |
| Jun 30, 2025 | 17.59 |
| Mar 31, 2025 | -0.89 |
| Mar 31, 2025 | -0.89 |
| Dec 31, 2024 | 6.59 |
| Dec 31, 2024 | 6.59 |
| Sep 30, 2024 | -509.55 |
| Sep 30, 2024 | -509.55 |
| Jun 30, 2024 | -44.53 |
| Jun 30, 2024 | -44.53 |
| Mar 31, 2024 | 31.14 |
| Mar 31, 2024 | 31.14 |
| Dec 31, 2023 | -33.11 |
| Dec 31, 2023 | -33.11 |
| Sep 30, 2023 | -54.27 |
| Sep 30, 2023 | -54.27 |
| Jun 30, 2023 | 33.36 |
| Jun 30, 2023 | 33.36 |
| Mar 31, 2023 | 24.34 |
| Mar 31, 2023 | 24.34 |
| Dec 31, 2022 | 9.63 |
| Dec 31, 2022 | 9.63 |
| Sep 30, 2022 | 12.11 |
| Sep 30, 2022 | 12.11 |
| Jun 30, 2022 | 49.89 |
| Jun 30, 2022 | 49.89 |
| Mar 31, 2022 | 34.67 |
| Mar 31, 2022 | 34.67 |
| Dec 31, 2021 | 362.39 |
| Dec 31, 2021 | 362.39 |
| Sep 30, 2021 | 31.57 |
| Sep 30, 2021 | 31.57 |
| Jun 30, 2021 | 18.27 |
| Jun 30, 2021 | 18.27 |
| Mar 31, 2021 | 32.89 |
| Mar 31, 2021 | 32.89 |
| Dec 31, 2020 | 31.18 |
| Dec 31, 2020 | 31.18 |
| Sep 30, 2020 | 5.18 |
| Sep 30, 2020 | 5.18 |
| Jun 30, 2020 | -4,124.48 |
| Jun 30, 2020 | -4,124.48 |