Myomo (MYO) Tax Rate (2020 - 2025)

Myomo (MYO) posted Tax Rate of 3.85% for Q3 2025, down 16.36% on a QoQ basis from 3.31% in Q2 2025, and up 578.0% year-over-year from 0.57% in Q3 2024.

Myomo (MYO) Tax Rate (2020 - 2025) Analysis & Trends

Myomo's Tax Rate history runs 6 years deep, the most recent figure standing at 3.85% for Q3 2025.

  • Quarterly Tax Rate rose 578.0% year-over-year to 3.85% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 10.78% (down 640.0% YoY) and the FY2024 annual result came in at 36.32%, up 3827.0% from the prior year.
  • Tax Rate was 3.85% for Q3 2025 at Myomo, down from 3.31% in the prior quarter.
  • Across five years, Tax Rate topped out at 1.28% in Q4 2024 and bottomed at 11.29% in Q2 2024.
  • A 5-year average of 2.47% and a median of 1.63% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate sank 1164 bps — and 2025, when it jumped 798 bps.
  • Myomo's Tax Rate stood at 0.82% in 2021, then soared by 67 bps to 0.27% in 2022, then sank by 1001 bps to 2.96% in 2023, then soared by 143 bps to 1.28% in 2024, then slumped by 402 bps to 3.85% in 2025.
  • Business Quant data shows MYO's Tax Rate at 3.85% in Q3 2025, 3.31% in Q2 2025, and 4.11% in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Myomo 39.24 Mn 20.27 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -3.85%
Sep 30, 2025 -3.85%
Sep 30, 2025 -3.85%
Jun 30, 2025 -3.31%
Jun 30, 2025 -3.31%
Jun 30, 2025 -3.31%
Mar 31, 2025 -4.11%
Mar 31, 2025 -4.11%
Mar 31, 2025 -4.11%
Dec 31, 2024 1.28%
Dec 31, 2024 1.28%
Dec 31, 2024 1.28%
Sep 30, 2024 -9.63%
Sep 30, 2024 -9.63%
Sep 30, 2024 -9.63%
Jun 30, 2024 -11.29%
Jun 30, 2024 -11.29%
Jun 30, 2024 -11.29%
Mar 31, 2024 -2.19%
Mar 31, 2024 -2.19%