MoonLake Immunotherapeutics (MLTX) Tax Rate (2021 - 2026)

MoonLake Immunotherapeutics' (MLTX) quarterly Tax Rate came in at 0.9% in Q1 2026, down 52.0% year-on-year from 1.88% in Q1 2025, and down 127.88% quarter-over-quarter from 0.4% in Q4 2025.

MoonLake Immunotherapeutics (MLTX) Tax Rate (2021 - 2026) Analysis & Trends

MoonLake Immunotherapeutics' Tax Rate history runs 6 years deep, the most recent figure standing at 0.9% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 52.0% year-over-year to 0.9% in Q1 2026; TTM through Mar 2026 was 0.42%, a 17.0% decrease from a year earlier, with the FY2025 full-year figure at 0.27%, down 3.0% from the prior year.
  • Tax Rate retreated to 0.9% in Q1 2026 per MLTX's latest filing, from 0.4% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.05% in Q1 2022 and bottomed at 0.9% in Q1 2026.
  • The 5-year median for Tax Rate is 0.17% (2025), against an average of 0.26%.
  • Across the five-year window, Tax Rate jumped 47 bps in 2024 and slumped 52 bps in 2026, its largest moves.
  • Year by year, Tax Rate stood at 0.07% in 2022, then tumbled by 737 bps to 0.56% in 2023, then jumped by 84 bps to 0.09% in 2024, then slumped by 347 bps to 0.4% in 2025, then slumped by 128 bps to 0.9% in 2026.
  • Per Business Quant, the three latest MLTX Tax Rate figures stand at 0.9% (Q1 2026), 0.4% (Q4 2025), and 0.16% (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 MoonLake Immunotherapeutics 1.35 Bn 991.29 Mn - -0.90

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.90
Mar 31, 2026 -0.90
Mar 31, 2026 -0.90
Dec 31, 2025 -0.40
Dec 31, 2025 -0.40
Dec 31, 2025 -0.40
Sep 30, 2025 -0.16
Sep 30, 2025 -0.16
Sep 30, 2025 -0.16
Jun 30, 2025 -0.17
Jun 30, 2025 -0.17
Jun 30, 2025 -0.17
Mar 31, 2025 -0.38
Mar 31, 2025 -0.38
Mar 31, 2025 -0.38
Dec 31, 2024 -0.09
Dec 31, 2024 -0.09
Dec 31, 2024 -0.09
Sep 30, 2024 -0.26
Sep 30, 2024 -0.26