Inogen (INGN) Tax Rate (2013 - 2021)
Inogen (INGN) recorded Tax Rate of 3.85% in Q2 2026, up 0.29 percentage points from 3.55% a year earlier and up 1.80 percentage points from the prior quarter.
Inogen (INGN) Tax Rate (2013 - 2021) Analysis & Trends
On a TTM basis, Inogen's Tax Rate came in at 2.81% as of Jun 30, 2026, up 0.26 percentage points year-over-year; for FY2025, it was 2.70%, up 1.09 percentage points from FY2024.
- Annual Tax Rate has increased for three straight years, with a five-year change of +13.10 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 1.61% in FY2024 (+1.71 pp), -0.10% in FY2023 (+0.50 pp), -0.61% in FY2022 (-173.74 pp) and 173.14% in FY2021 (+183.54 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q2 2021.
- On a year-over-year basis, Tax Rate rose in seven of the last eight quarters, with an average year-over-year change of +1.19 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 231.83 percentage points in Q4 2022, against a drop of 233.69 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.05% (Q1 2026), 3.21% (Q4 2025) and 2.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 18.41% |
| 10 | Inogen | 140.87 Mn | -317.64 Mn | 43.27 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 57.50% |
| Jun 30, 2020 | 26.81% |
| Sep 30, 2019 | 21.59% |
| Jun 30, 2019 | 25.75% |
| Mar 31, 2019 | 12.68% |
| Dec 31, 2017 | 110.46% |
| Sep 30, 2017 | 16.77% |
| Jun 30, 2017 | 9.03% |
| Dec 31, 2016 | 9.84% |
| Sep 30, 2016 | 3.73% |
| Jun 30, 2016 | 6.84% |
| Mar 31, 2016 | 25.85% |
| Sep 30, 2015 | 26.70% |
| Jun 30, 2015 | 34.91% |
| Mar 31, 2015 | 34.99% |
| Sep 30, 2014 | 38.60% |
| Jun 30, 2014 | 39.46% |
| Mar 31, 2014 | 39.39% |
| Sep 30, 2013 | 5.26% |
| Jun 30, 2013 | 3.78% |
Inogen 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=INGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "INGN", "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=INGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();