Cytek Biosciences (CTKB) Tax Rate (2020 - 2024)
Cytek Biosciences (CTKB) recorded Tax Rate of -4.42% in Q2 2026, down 22.14 percentage points from 17.71% a year earlier but up 4.21 percentage points from the prior quarter.
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Analysis
Cytek Biosciences (CTKB) Tax Rate (2020 - 2024) Analysis & Trends
On a TTM basis, Cytek Biosciences' Tax Rate came in at -97.41% as of Jun 30, 2026, down 112.54 percentage points year-over-year; for FY2025, it was -122.98%, down 117.36 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -88.46 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -5.61% in FY2024 (-28.28 pp), 22.67% in FY2023 (+119.81 pp), -97.14% in FY2022 (-146.17 pp) and 49.02% in FY2021 (+83.54 pp).
- Quarterly Tax Rate has ranged from -993.43% in Q4 2025 to 362.39% in Q4 2021 over the past five years.
- On a year-over-year basis, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -109.38 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 539.16 percentage points in Q3 2025, against a drop of 1000.40 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -8.63% (Q1 2026), -993.43% (Q4 2025) and 29.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 18.41% |
| 10 | Cytek Biosciences | 763.00 Mn | 439.27 Mn | 28.34 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 6.97% |
| Dec 31, 2022 | 9.63% |
| Sep 30, 2022 | 12.11% |
| Dec 31, 2021 | 362.39% |
| Sep 30, 2021 | 31.57% |
| Jun 30, 2021 | 18.27% |
| Mar 31, 2021 | 32.89% |
| Dec 31, 2020 | 30.03% |
| Sep 30, 2020 | 5.18% |
API Access
Cytek Biosciences 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=CTKB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CTKB", "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=CTKB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();