Neurocrine Biosciences (NBIX) Tax Rate (2019 - 2026)
Neurocrine Biosciences (NBIX) reported Tax Rate of 10.97% for Q2 2026, down 21.63 percentage points from 32.60% a year earlier and down 8.84 percentage points from the prior quarter.
Neurocrine Biosciences (NBIX) Tax Rate (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Neurocrine Biosciences' Tax Rate came in at 24.96%, down 8.96 percentage points year-over-year; for FY2025, it was 32.15%, up 2.38 percentage points from FY2024.
- Tax Rate has a five-year change of +313.88 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 29.77% in FY2024 (+4.96 pp), 24.81% in FY2023 (-2.96 pp), 27.77% in FY2022 (+16.13 pp) and 11.64% in FY2021 (+293.36 pp).
- The Q2 2026 figure ranks as the lowest quarterly Tax Rate since Q1 2024.
- Year over year, Tax Rate has now declined in each of the last five quarters, with an average year-over-year change of +4.11 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2021 (a gain of 781.39 percentage points); the low point was Q1 2024 (a drop of 51.64 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.81% (Q1 2026), 35.80% (Q4 2025) and 28.20% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.98% |
| 10 | Neurocrine Biosciences | 14.41 Bn | 10.11 Bn | 935.80 Mn | 10.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.97% |
| Mar 31, 2026 | 19.81% |
| Dec 31, 2025 | 35.80% |
| Sep 30, 2025 | 28.20% |
| Jun 30, 2025 | 32.60% |
| Mar 31, 2025 | 46.26% |
| Dec 31, 2024 | 36.59% |
| Sep 30, 2024 | 31.79% |
| Jun 30, 2024 | 34.08% |
| Dec 31, 2023 | 25.48% |
| Sep 30, 2023 | 28.11% |
| Jun 30, 2023 | 21.46% |
| Dec 31, 2022 | 24.51% |
| Sep 30, 2022 | 30.03% |
| Mar 31, 2022 | 35.05% |
| Sep 30, 2021 | 26.23% |
| Jun 30, 2021 | 26.43% |
| Jun 30, 2020 | 4.33% |
| Mar 31, 2020 | 3.86% |
| Dec 31, 2019 | 11.92% |
Neurocrine Biosciences Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NBIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NBIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NBIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();