CVRx (CVRX) Tax Rate (2020 - 2026)
CVRx (CVRX) posted Tax Rate of 0.02% for Q2 2026, down 180.3% on a QoQ basis from 0.01% in Q1 2026, and down 4.0% year-over-year from 0.02% in Q2 2025.
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Analysis
CVRx (CVRX) Tax Rate (2020 - 2026) Analysis & Trends
CVRx has reported Tax Rate for 7 years, with the latest figure at 0.02% in Q2 2026.
- On a quarterly basis, Tax Rate fell 4.0% year-over-year to 0.02% in Q2 2026; TTM through Jun 2026 was 21.52%, a 270.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, changed 0.0% from the prior year.
- Tax Rate was 0.02% for Q2 2026 at CVRx, down from 0.01% in the prior quarter.
- The five-year high for Tax Rate was 118.38% in Q4 2024, with the low at 0.45% in Q3 2023.
- Average Tax Rate over 5 years is 11.6%, with a median of 0.23% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 11881 bps in 2024, then tumbled 2470 bps in 2025.
- Over 5 years, Tax Rate stood at 0.27% in 2022, then plunged by 60 bps to 0.43% in 2023, then surged by 27795 bps to 118.38% in 2024, then decreased by 21 bps to 93.69% in 2025, then plunged by 100 bps to 0.02% in 2026.
- The last three Tax Rate figures came in at 0.02% (Q2 2026), 0.01% (Q1 2026), and 93.69% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 26.51% |
| 10 | CVRx | 75.57 Mn | 10.98 Mn | 13.72 Mn | -0.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.02% |
| Mar 31, 2026 | -0.01% |
| Dec 31, 2025 | 93.69% |
| Sep 30, 2025 | 0.02% |
| Jun 30, 2025 | 0.02% |
| Mar 31, 2025 | 0.04% |
| Dec 31, 2024 | 118.38% |
| Sep 30, 2024 | -0.36% |
| Jun 30, 2024 | -0.29% |
| Mar 31, 2024 | -0.17% |
| Dec 31, 2023 | -0.43% |
| Sep 30, 2023 | -0.45% |
| Jun 30, 2023 | -0.29% |
| Mar 31, 2023 | -0.30% |
| Dec 31, 2022 | -0.27% |
| Sep 30, 2022 | -0.33% |
| Jun 30, 2022 | -0.21% |
| Mar 31, 2022 | -0.26% |
| Dec 31, 2021 | -0.24% |
| Sep 30, 2021 | -0.38% |