Mimedx (MDXG) Tax Rate (2013 - 2026)
Mimedx's (MDXG) quarterly Tax Rate came in at 16.54% in Q2 2026, down 952.0% year-over-year from 1.94% in Q2 2025, and down 43.3% quarter-over-quarter from 29.16% in Q1 2026.
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Mimedx (MDXG) Tax Rate (2013 - 2026) Analysis & Trends
Mimedx has disclosed Tax Rate across 14 years of filings, most recently posting 16.54% for Q2 2026.
- In Q2 2026, Tax Rate fell 952.0% year-over-year to 16.54%; the TTM figure through Jun 2026 stood at 45.9% (up 1806.0% YoY), while the FY2025 annual figure was 26.69%, down 1.0% from the prior year.
- Tax Rate came in at 16.54% for Q2 2026 at Mimedx, down from 29.16% 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.
- Average Tax Rate over 5 years is 0.59%, with a median of 17.49% recorded in 2025.
- Year-over-year, Tax Rate slumped 26892 bps in 2023 and surged 30251 bps in 2024.
- Over 5 years, Tax Rate stood at 0.28% in 2022, then slumped 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 plunged by 45 bps to 16.54% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 16.54% in Q2 2026, 29.16% in Q1 2026, and 30.3% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.70 Bn | 177.10 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 126.56 Bn | 121.34 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 118.15 Bn | 109.33 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 104.94 Bn | 101.46 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 64.79 Bn | 64.25 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.87 Bn | 45.62 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.04 Bn | 31.59 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.07 Bn | 30.13 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 20.78 Bn | 20.29 Bn | 684.20 Mn | 26.51% |
| 10 | Mimedx | 676.17 Mn | 540.33 Mn | 44.38 Mn | 16.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.54% |
| Mar 31, 2026 | 29.16% |
| Dec 31, 2025 | 30.30% |
| Sep 30, 2025 | 26.70% |
| Jun 30, 2025 | 26.06% |
| Mar 31, 2025 | 18.45% |
| Dec 31, 2024 | 33.88% |
| Sep 30, 2024 | 31.01% |
| Jun 30, 2024 | 24.10% |
| Mar 31, 2024 | 20.58% |
| Dec 31, 2023 | -268.63% |
| Sep 30, 2023 | 6.27% |
| Jun 30, 2023 | -0.81% |
| Mar 31, 2023 | -2.70% |
| Dec 31, 2022 | 0.28% |
| Sep 30, 2022 | -0.63% |
| Jun 30, 2022 | -0.57% |
| Mar 31, 2022 | -0.60% |
| Dec 31, 2021 | -118.68% |
| Sep 30, 2021 | -14.77% |