Marimed (MRMD) Tax Rate (2018 - 2026)
Marimed (MRMD) posted quarterly 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 reported Tax Rate for 9 consecutive years, with 237.54% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 13063.0% year-over-year to 237.54%; the TTM figure through Mar 2026 stood at 37.09% (up 9442.0% YoY), while the FY2025 annual figure was 33.09%, up 15794.0% from the prior year.
- Tax Rate eased to 237.54% in Q1 2026 per MRMD's latest filing, from 36.67% in the prior quarter.
- Across five years, Tax Rate topped out at 2311.92% in Q3 2023 and bottomed at 1515.93% in Q3 2025.
- Historically, Tax Rate has averaged 42.93% across 5 years, with a median of 5.29% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 226420 bps — and 2024, when it plunged 250744 bps.
- Marimed's Tax Rate stood at 72.38% in 2022, then surged by 93 bps to 5.29% in 2023, then sank by 2723 bps to 149.22% in 2024, then surged by 125 bps to 36.67% in 2025, then sank 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 | Haleon | 44.07 Bn | 43.10 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.42 Bn | 39.76 Bn | 2.15 Bn | -26.59% |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.98 Bn | 5.10 Bn | -30.40% |
| 5 | United Therapeutics | 22.29 Bn | 19.63 Bn | 683.80 Mn | 10.65% |
| 6 | Viatris | 18.78 Bn | 17.89 Bn | 1.46 Bn | -85.63% |
| 7 | Neurocrine Biosciences | 15.66 Bn | 15.27 Bn | 935.80 Mn | 10.97% |
| 8 | Elanco Animal Health | 11.91 Bn | 11.38 Bn | 798.00 Mn | 3.57% |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - | - |
| 10 | Marimed | 28.08 Mn | 17.74 Mn | 16.23 Mn | -129.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -129.94% |
| Jun 30, 2026 | -129.94% |
| Jun 30, 2026 | -129.94% |
| Mar 31, 2026 | -237.54% |
| Mar 31, 2026 | -237.54% |
| Mar 31, 2026 | -237.54% |
| Dec 31, 2025 | 36.67% |
| Dec 31, 2025 | 36.67% |
| Dec 31, 2025 | 36.67% |
| Sep 30, 2025 | -1,515.93% |
| Sep 30, 2025 | -1,515.93% |
| Sep 30, 2025 | -1,515.93% |
| Jun 30, 2025 | -119.34% |
| Jun 30, 2025 | -119.34% |
| Jun 30, 2025 | -119.34% |
| Mar 31, 2025 | -106.91% |
| Mar 31, 2025 | -106.91% |
| Mar 31, 2025 | -106.91% |
| Dec 31, 2024 | -149.22% |
| Dec 31, 2024 | -149.22% |