Mimedx (MDXG) Tax Rate (2013 - 2026)
Mimedx's (MDXG) quarterly Tax Rate came in at 29.16% in Q1 2026, up 1071.0% year-on-year from 2.49% in Q1 2025, and down 3.75% quarter-over-quarter from 30.3% in Q4 2025.
Mimedx (MDXG) Tax Rate (2013 - 2026) Analysis & Trends
Mimedx has disclosed Tax Rate across 14 years of filings, most recently posting 29.16% for Q1 2026.
- Tax Rate for Q1 2026 came in at 29.16%, up 1071.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.46% (up 79.0% YoY), and the FY2025 annual result was 26.69%, down 1.0% from the prior year.
- Tax Rate came in at 29.16% for Q1 2026 at Mimedx, down from 30.3% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 33.88% in Q4 2024 to a low of 268.63% in Q4 2023.
- The 5-year median for Tax Rate is 18.45% (2025), against an average of 1.6%.
- Across the five-year window, Tax Rate tumbled 26892 bps in 2023 and jumped 30251 bps in 2024, its largest moves.
- Mimedx's Tax Rate stood at 0.28% in 2022, then plunged by 94678 bps to 268.63% in 2023, then surged by 113 bps to 33.88% in 2024, then fell by 11 bps to 30.3% in 2025, then fell by 4 bps to 29.16% in 2026.
- The last three Tax Rate figures came in at 29.16% (Q1 2026), 30.3% (Q4 2025), and 26.7% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Mimedx | 546.28 Mn | 386.51 Mn | 41.62 Mn | 29.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.16% |
| Mar 31, 2026 | 29.16% |
| Dec 31, 2025 | 30.30% |
| Dec 31, 2025 | 30.30% |
| Sep 30, 2025 | 26.70% |
| Sep 30, 2025 | 26.70% |
| Jun 30, 2025 | 26.06% |
| Jun 30, 2025 | 26.06% |
| Mar 31, 2025 | 18.45% |
| Mar 31, 2025 | 18.45% |
| Dec 31, 2024 | 33.88% |
| Dec 31, 2024 | 33.88% |
| Sep 30, 2024 | 31.01% |
| Sep 30, 2024 | 31.01% |
| Jun 30, 2024 | 24.10% |
| Jun 30, 2024 | 24.10% |
| Mar 31, 2024 | 20.58% |
| Mar 31, 2024 | 20.58% |
| Dec 31, 2023 | -268.63% |
| Dec 31, 2023 | -268.63% |