Immunocore Holdings (IMCR) Tax Rate (2025 - 2026)
Immunocore Holdings (IMCR) recorded Tax Rate of -58.37% in Q2 2026, down 52.11 percentage points from -6.25% a year earlier and down 60.63 percentage points from the prior quarter.
Immunocore Holdings (IMCR) Tax Rate (2025 - 2026) Analysis & Trends
On a TTM basis, Immunocore Holdings' Tax Rate came in at -562.48% as of Jun 30, 2026, down 571.38 percentage points year-over-year; for FY2025, it was -85.94%, down 89.43 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -101.12 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 3.49% in FY2024 (-5.71 pp), 9.20% in FY2023 (+37.72 pp), -28.52% in FY2022 (-28.44 pp) and -0.08% in FY2021 (-15.27 pp).
- Quarterly Tax Rate has ranged from -90.33% in Q4 2025 to 164.47% in Q3 2025 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 +4.43 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 207.85 percentage points in Q3 2025, against a drop of 94.56 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.27% (Q1 2026), -90.33% (Q4 2025) and 164.47% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 23.26% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | - |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 12.61% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 8.85% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 17.54% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 20.70% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 3.96% |
| 10 | Immunocore Holdings | 1.63 Bn | -1.86 Bn | 114.84 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.27% |
| Sep 30, 2025 | 164.47% |
| Mar 31, 2025 | 18.08% |
Immunocore Holdings 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=IMCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IMCR", "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=IMCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();