Insmed (INSM) Tax Rate (2010 - 2026)

Insmed's (INSM) quarterly Tax Rate came in at 0.93% in Q1 2026, down 57.0% year-on-year from 2.15% in Q1 2025, and down 101.69% quarter-over-quarter from 0.46% in Q4 2025.

Insmed (INSM) Tax Rate (2010 - 2026) Analysis & Trends

Insmed's Tax Rate history runs 16 years deep, the most recent figure standing at 0.93% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 57.0% year-over-year to 0.93% in Q1 2026; TTM through Mar 2026 was 0.47%, a 7.0% decrease from a year earlier, with the FY2025 full-year figure at 0.39%, up 1.0% from the prior year.
  • Tax Rate fell to 0.93% in Q1 2026 per INSM's latest filing, from 0.46% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.08% in Q4 2022 and bottomed at 0.93% in Q1 2026.
  • The 5-year median for Tax Rate is 0.38% (2024), against an average of 0.4%.
  • Across the five-year window, Tax Rate sank 252 bps in 2022 and surged 32 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 0.08% in 2022, then sank by 592 bps to 0.54% in 2023, then dropped by 3 bps to 0.56% in 2024, then grew by 18 bps to 0.46% in 2025, then tumbled by 102 bps to 0.93% in 2026.
  • Per Business Quant, the three latest INSM Tax Rate figures stand at 0.93% (Q1 2026), 0.46% (Q4 2025), and 0.35% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Insmed 23.02 Bn 21.80 Bn 258.54 Mn -0.93

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.93%
Mar 31, 2026 -0.93%
Mar 31, 2026 -0.93%
Dec 31, 2025 -0.46%
Dec 31, 2025 -0.46%
Dec 31, 2025 -0.46%
Sep 30, 2025 -0.35%
Sep 30, 2025 -0.35%
Sep 30, 2025 -0.35%
Jun 30, 2025 -0.39%
Jun 30, 2025 -0.39%
Jun 30, 2025 -0.39%
Mar 31, 2025 -0.35%
Mar 31, 2025 -0.35%
Mar 31, 2025 -0.35%
Dec 31, 2024 -0.56%
Dec 31, 2024 -0.56%
Dec 31, 2024 -0.56%
Sep 30, 2024 -0.46%
Sep 30, 2024 -0.46%