Insmed (INSM) Tax Rate (2010 - 2026)
Insmed (INSM) posted Tax Rate of 16.71% for Q2 2026, down 1705.36% on a QoQ basis from 0.93% in Q1 2026, and down 1632.0% year-over-year from 1.09% in Q2 2025.
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Insmed (INSM) Tax Rate (2010 - 2026) Analysis & Trends
Insmed has reported Tax Rate for 16 years, with the latest figure at 16.71% in Q2 2026.
- On a quarterly basis, Tax Rate fell 1632.0% year-over-year to 16.71% in Q2 2026; TTM through Jun 2026 was 0.72%, a 29.0% decrease from a year earlier, with the FY2025 full-year figure at 0.4%, up 1.0% from the prior year.
- Tax Rate was 16.71% for Q2 2026 at Insmed, down from 0.93% in the prior quarter.
- The five-year high for Tax Rate was 0.06% in Q4 2022, with the low at 16.71% in Q2 2026.
- Average Tax Rate over 5 years is 1.31%, with a median of 0.39% recorded in 2025.
- The sharpest annual moves came in 2023 and 2026: Tax Rate soared 31 bps in 2023, then sank 1632 bps in 2026.
- Over 5 years, Tax Rate stood at 0.06% in 2022, then tumbled by 765 bps to 0.54% in 2023, then fell by 0 bps to 0.54% in 2024, then climbed by 14 bps to 0.47% in 2025, then plunged by 3479 bps to 16.71% in 2026.
- The last three Tax Rate figures came in at 16.71% (Q2 2026), 0.93% (Q1 2026), and 0.47% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 204.00 Bn | 190.01 Bn | 7.24 Bn | 14.20% |
| 2 | Gilead Sciences | 178.36 Bn | 175.09 Bn | 6.22 Bn | -2.36% |
| 3 | Vertex Pharmaceuticals | 130.59 Bn | 122.73 Bn | 2.84 Bn | 20.98% |
| 4 | Regeneron Pharmaceuticals | 80.34 Bn | 72.34 Bn | 3.93 Bn | 15.11% |
| 5 | Argenx Se | 60.92 Bn | 55.73 Bn | 1.37 Bn | -10.89% |
| 6 | Moderna | 57.44 Bn | 52.31 Bn | 52.00 Mn | -1.96% |
| 7 | Alnylam Pharmaceuticals | 33.26 Bn | 29.95 Bn | 992.69 Mn | 7.49% |
| 8 | Biogen | 32.08 Bn | 30.80 Bn | 1.96 Bn | 26.36% |
| 9 | Roivant Sciences | 29.50 Bn | 30.19 Bn | 1.16 Mn | 1.34% |
| 10 | Insmed | 28.25 Bn | 27.09 Bn | 358.27 Mn | -16.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.71% |
| Mar 31, 2026 | -0.93% |
| Dec 31, 2025 | -0.47% |
| Sep 30, 2025 | -0.36% |
| Jun 30, 2025 | -0.39% |
| Mar 31, 2025 | -0.36% |
| Dec 31, 2024 | -0.54% |
| Sep 30, 2024 | -0.46% |
| Jun 30, 2024 | -0.28% |
| Mar 31, 2024 | -0.38% |
| Dec 31, 2023 | -0.54% |
| Sep 30, 2023 | -0.34% |
| Jun 30, 2023 | -0.22% |
| Mar 31, 2023 | -0.31% |
| Dec 31, 2022 | -0.06% |
| Sep 30, 2022 | -0.31% |
| Jun 30, 2022 | -0.53% |
| Mar 31, 2022 | -0.42% |
| Dec 31, 2021 | 0.07% |
| Sep 30, 2021 | 2.26% |