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
DateValue
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%