CVRx (CVRX) Tax Rate (2020 - 2026)
CVRx (CVRX) recorded quarterly Tax Rate of 0.01% in Q1 2026, up 91.73% quarter-over-quarter from 0.09% in Q4 2025, and down 4.0% on a YoY basis from 0.01% in Q1 2025.
CVRx (CVRX) Tax Rate (2020 - 2026) Analysis & Trends
CVRx's Tax Rate history runs 7 years deep, the most recent figure standing at 0.01% for Q1 2026.
- In Q1 2026, Tax Rate fell 4.0% year-over-year to 0.01%; the TTM figure through Mar 2026 stood at 0.01% (up 1.0% YoY), while the FY2024 annual figure was 0.09%, changed N/A from the prior year.
- Tax Rate was 0.01% for Q1 2026 at CVRx, up from 0.09% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1.18% in Q4 2023 to a low of 0.45% in Q3 2023.
- Historically, Tax Rate has averaged 0.06% across 5 years, with a median of 0.21% in 2022.
- The sharpest annual moves came in 2023 and 2025: Tax Rate soared 145 bps in 2023, then sank 75 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 0.27% in 2022, then soared by 544 bps to 1.18% in 2023, then plunged by 44 bps to 0.66% in 2024, then sank by 114 bps to 0.09% in 2025, then surged 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 | 154.42 Bn | 147.76 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 27.65 |
| 10 | CVRx | 130.46 Mn | 58.16 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% |