Mereo BioPharma (MREO) Tax Rate (2023 - 2025)

Mereo BioPharma (MREO) posted quarterly Tax Rate of 141.67% for Q4 2025, up 1250.0% year-on-year from 10.49% in Q4 2024, and up 8.11% on a QoQ basis from 154.17% in Q4 2024.

Mereo BioPharma (MREO) Tax Rate (2023 - 2025) Analysis & Trends

Mereo BioPharma (MREO) has reported Tax Rate for 3 consecutive years, with 141.67% the latest figure, recorded in Q4 2025.

  • Quarterly Tax Rate rose 1250.0% year-over-year to 141.67% in Q4 2025, while the trailing twelve-month figure through Mar 2026 was 29.16% (down 614.0% YoY) and the FY2025 annual result came in at 24.87%, up 25.0% from the prior year.
  • Tax Rate rose to 141.67% in Q4 2025 per MREO's latest filing, from 154.17% in the prior quarter.
  • Over the last five years, Tax Rate for MREO reached as high as 5.52% in Q4 2023 and fell as low as 154.17% in Q4 2024.
  • A 3-year average of 96.77% and a median of 141.67% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate slumped 15969 bps — and 2025, when it surged 1250 bps.
  • Year by year, Tax Rate stood at 5.52% in 2023, then plunged by 2894 bps to 154.17% in 2024, then increased by 8 bps to 141.67% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods registered 141.67%, 154.17%, and 5.52% for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -0.34%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 12.29%
4 NuCana 279.75 Bn 279.75 Bn - -5.41%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 17.68%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 12.51%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 33.09%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Mereo BioPharma 232.52 Mn 232.52 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 -141.67%
Dec 31, 2025 -141.67%
Dec 31, 2025 -141.67%
Dec 31, 2024 -154.17%
Dec 31, 2024 -154.17%
Dec 31, 2024 -154.17%
Dec 31, 2023 5.52%
Dec 31, 2023 5.52%
Dec 31, 2023 5.52%