Grace Therapeutics GRCE
NASDAQ GRCE
$2.14 +0.02 (+0.94%)
At close: Sep 9, 2026 · 4:00 PM EDT

Grace Therapeutics (GRCE) Tax Rate (2022 - 2026)

Grace Therapeutics' (GRCE) quarterly Tax Rate came in at 69.25% in Q1 2026, down 19724.0% year-over-year from N/an in Q1 2025, and down 74.01% quarter-over-quarter from 266.49% in Q1 2025.

Analysis

Grace Therapeutics (GRCE) Tax Rate (2022 - 2026) Analysis & Trends

Grace Therapeutics has disclosed Tax Rate across 5 years of filings, most recently posting 69.25% for Q1 2026.

  • In Q1 2026, Tax Rate fell 19724.0% year-over-year to 69.25%; the TTM figure through Jun 2026 stood at 9.09% (down 1026.0% YoY), while the FY2026 annual figure was 20.99%, down 406.0% from the prior year.
  • Tax Rate came in at 69.25% for Q1 2026 at Grace Therapeutics, down from 266.49% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 266.49% in Q1 2025 to a low of 3.05% in Q3 2022.
  • Average Tax Rate over 5 years is 41.4%, with a median of 16.3% recorded in 2024.
  • Year-over-year, Tax Rate surged 21369 bps in 2025 and plunged 19724 bps in 2026.
  • Over 5 years, Tax Rate stood at 6.58% in 2022, then advanced by 22 bps to 8.0% in 2023, then soared by 59 bps to 12.71% in 2024, then surged by 1997 bps to 266.49% in 2025, then tumbled by 74 bps to 69.25% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 69.25% in Q1 2026, 266.49% in Q1 2025, and 12.71% in Q4 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Johnson & Johnson 643.26 Bn 622.50 Bn 17.26 Bn 17.98%
2 AbbVie 443.31 Bn 436.74 Bn 12.70 Bn 15.47%
3 Merck 364.74 Bn 357.60 Bn 12.21 Bn -95.75%
4 Novartis Ag 266.46 Bn 258.77 Bn 11.24 Bn -23.71%
5 Pfizer 158.57 Bn 146.88 Bn 10.94 Bn 62.33%
6 Sanofi 52.33 Bn 44.95 Bn 10.79 Bn -31.96%
7 Revolution Medicines 43.79 Bn 43.79 Bn - -
8 Incyte 25.23 Bn 20.69 Bn 1.57 Bn 22.08%
9 United Therapeutics 21.67 Bn 19.01 Bn 683.80 Mn 10.65%
10 Grace Therapeutics 36.79 Mn 36.79 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 69.25%
Mar 31, 2025 266.49%
Dec 31, 2024 12.71%
Sep 30, 2024 19.89%
Jun 30, 2024 21.67%
Mar 31, 2024 52.80%
Dec 31, 2023 8.00%
Sep 30, 2023 11.99%
Jun 30, 2023 6.70%
Mar 31, 2023 34.51%
Dec 31, 2022 6.58%
Sep 30, 2022 3.05%
Jun 30, 2022 5.08%
Mar 31, 2022 60.94%