CVRx (CVRX) Tax Rate (2020 - 2026)
CVRx's quarterly Tax Rate came in at 0.01% in Q1 2026, down 4.0% year-on-year from 0.01% in Q1 2025, and up 91.73% quarter-over-quarter from 0.09% in Q4 2025.
CVRx has reported Tax Rate for 7 years, with the latest figure at 0.01% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 4.0% year-over-year to 0.01%; the trailing twelve-month figure through Mar 2026 stood at 0.01% (up 1.0% YoY), and the FY2024 full-year result was 0.09%, changed N/A from the prior year.
- Tax Rate for Q1 2026 stood at 0.01%, up from 0.09% in the prior quarter.
- The five-year high for Tax Rate was 1.18% in Q4 2023, with the low at 0.45% in Q3 2023.
- Average Tax Rate over 5 years is 0.06%, with a median of 0.21% recorded in 2022.
- Year-over-year, Tax Rate surged 145 bps in 2023 and sank 75 bps in 2025.
- Tracing CVRX's Tax Rate over 5 years: stood at 0.27% in 2022, then jumped by 544 bps to 1.18% in 2023, then tumbled by 44 bps to 0.66% in 2024, then plunged by 114 bps to 0.09% in 2025, then soared by 92 bps to 0.01% in 2026.
- The last three Tax Rate figures came in at 0.01% (Q1 2026), 0.09% (Q4 2025), and 0.02% (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 | CVRx | 144.43 Mn | 72.13 Mn | 12.88 Mn | -0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.01 |
| Mar 31, 2026 | -0.01 |
| Dec 31, 2025 | -0.09 |
| Dec 31, 2025 | -0.09 |
| Sep 30, 2025 | 0.02 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.02 |
| Mar 31, 2025 | 0.04 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.66 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | -0.36 |
| Sep 30, 2024 | -0.36 |
| Jun 30, 2024 | -0.29 |
| Jun 30, 2024 | -0.29 |
| Mar 31, 2024 | -0.17 |
| Mar 31, 2024 | -0.17 |
| Dec 31, 2023 | 1.18 |
| Dec 31, 2023 | 1.18 |
| Sep 30, 2023 | -0.45 |
| Sep 30, 2023 | -0.45 |
| Jun 30, 2023 | -0.29 |
| Jun 30, 2023 | -0.29 |
| Mar 31, 2023 | -0.30 |
| Mar 31, 2023 | -0.30 |
| Dec 31, 2022 | -0.27 |
| Dec 31, 2022 | -0.27 |
| Sep 30, 2022 | -0.33 |
| Sep 30, 2022 | -0.33 |
| Jun 30, 2022 | -0.21 |
| Jun 30, 2022 | -0.21 |
| Mar 31, 2022 | -0.26 |
| Mar 31, 2022 | -0.26 |
| Dec 31, 2021 | -0.24 |
| Dec 31, 2021 | -0.24 |
| Sep 30, 2021 | -0.38 |
| Sep 30, 2021 | -0.38 |
| Jun 30, 2021 | -0.15 |
| Jun 30, 2021 | -0.15 |
| Mar 31, 2021 | -0.20 |
| Mar 31, 2021 | -0.20 |
| Dec 31, 2020 | -0.62 |
| Dec 31, 2020 | -0.62 |
| Sep 30, 2020 | -0.59 |
| Sep 30, 2020 | -0.59 |
| Jun 30, 2020 | -0.60 |
| Jun 30, 2020 | -0.60 |