InMode (INMD) Tax Rate (2018 - 2026)
InMode's (INMD) quarterly Tax Rate came in at 13.33% in Q2 2026, down 24.0% year-over-year from 17.54% in Q2 2025, and down 31.42% quarter-over-quarter from 19.44% in Q1 2026.
Analysis
InMode (INMD) Tax Rate (2018 - 2026) Analysis & Trends
InMode has disclosed Tax Rate across 9 years of filings, most recently posting 13.33% for Q2 2026.
- In Q2 2026, Tax Rate fell 24.0% year-over-year to 13.33%; the TTM figure through Jun 2026 stood at 5.39% (down 4066.0% YoY), while the FY2025 annual figure was 14.95%, down 4131.0% from the prior year.
- Tax Rate came in at 13.33% for Q2 2026 at InMode, down from 19.44% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 156.97% in Q4 2024 to a low of 13.64% in Q4 2025.
- Average Tax Rate over 5 years is 19.3%, with a median of 12.08% recorded in 2024.
- Year-over-year, Tax Rate jumped 16528 bps in 2024 and tumbled 17061 bps in 2025.
- Over 5 years, Tax Rate stood at 40.95% in 2022, then sank by 120 bps to 8.31% in 2023, then soared by 1989 bps to 156.97% in 2024, then plunged by 109 bps to 13.64% in 2025, then surged by 198 bps to 13.33% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 13.33% in Q2 2026, 19.44% in Q1 2026, and 13.64% in Q4 2025.
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 | InMode | 955.60 Mn | 473.48 Mn | 71.52 Mn | 13.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.33% |
| Mar 31, 2026 | 19.44% |
| Dec 31, 2025 | -13.64% |
| Sep 30, 2025 | 14.66% |
| Jun 30, 2025 | 13.58% |
| Mar 31, 2025 | 19.02% |
| Dec 31, 2024 | 156.97% |
| Sep 30, 2024 | 12.36% |
| Jun 30, 2024 | 11.80% |
| Mar 31, 2024 | 9.13% |
| Dec 31, 2023 | -8.31% |
| Sep 30, 2023 | 9.43% |
| Jun 30, 2023 | 9.32% |
| Mar 31, 2023 | 8.54% |
| Dec 31, 2022 | 40.95% |
| Sep 30, 2022 | 9.54% |
| Jun 30, 2022 | 8.77% |
| Mar 31, 2022 | 12.47% |
| Dec 31, 2021 | 2.92% |
| Sep 30, 2021 | 0.52% |