Marimed (MRMD) Tax Rate (2018 - 2026)
Marimed (MRMD) reported Tax Rate of 237.54% for Q1 2026, down 13063.0% year-over-year from N/an in Q1 2025, and down 747.83% quarter-over-quarter from 36.67% in Q4 2025.
Marimed (MRMD) Tax Rate (2018 - 2026) Analysis & Trends
Marimed (MRMD) has 9 years of Tax Rate data on file, last reported at 237.54% in Q1 2026.
- Tax Rate for Q1 2026 came in at 237.54%, down 13063.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 37.09% (up 9442.0% YoY), and the FY2025 annual result was 33.09%, up 15794.0% from the prior year.
- Tax Rate fell to 237.54% in Q1 2026 per MRMD's latest filing, from 36.67% in the prior quarter.
- Over five years, Tax Rate peaked at 2311.92% in Q3 2023 and troughed at 1515.93% in Q3 2025.
- A 5-year average of 42.91% and a median of 5.29% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 226420 bps in 2023, then plunged 250744 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 72.6% in 2022, then soared by 93 bps to 5.29% in 2023, then plunged by 2723 bps to 149.22% in 2024, then jumped by 125 bps to 36.67% in 2025, then plunged by 748 bps to 237.54% in 2026.
- Business Quant data shows MRMD's Tax Rate at 237.54% in Q1 2026, 36.67% in Q4 2025, and 1515.93% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -7.43% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 24.29% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 9.29% |
| 10 | Marimed | - | - | 15.28 Mn | -237.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -237.54% |
| Mar 31, 2026 | -237.54% |
| Dec 31, 2025 | 36.67% |
| Dec 31, 2025 | 36.67% |
| Sep 30, 2025 | -1,515.93% |
| Sep 30, 2025 | -1,515.93% |
| Jun 30, 2025 | -119.34% |
| Jun 30, 2025 | -119.34% |
| Mar 31, 2025 | -106.91% |
| Mar 31, 2025 | -106.91% |
| Dec 31, 2024 | -149.22% |
| Dec 31, 2024 | -149.22% |
| Sep 30, 2024 | -195.52% |
| Sep 30, 2024 | -195.52% |
| Jun 30, 2024 | -112.03% |
| Jun 30, 2024 | -112.03% |
| Mar 31, 2024 | 424.62% |
| Mar 31, 2024 | 424.62% |
| Dec 31, 2023 | -5.29% |
| Dec 31, 2023 | -5.29% |