Neurocrine Biosciences (NBIX) Tax Rate (2019 - 2026)
Neurocrine Biosciences' (NBIX) quarterly Tax Rate came in at 10.97% in Q2 2026, down 2163.0% on a YoY basis from 0.53% in Q2 2025, and down 44.61% quarter-over-quarter from 19.81% in Q1 2026.
Analysis
Neurocrine Biosciences (NBIX) Tax Rate (2019 - 2026) Analysis & Trends
Neurocrine Biosciences (NBIX) has reported Tax Rate for 8 consecutive years, with 10.97% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 2163.0% year-over-year to 10.97%; the trailing twelve-month figure through Jun 2026 stood at 24.96% (down 896.0% YoY), and the FY2025 full-year result was 32.15%, up 238.0% from the prior year.
- Tax Rate retreated to 10.97% in Q2 2026 per NBIX's latest filing, from 19.81% in the prior quarter.
- Across five years, Tax Rate topped out at 46.26% in Q1 2025 and bottomed at 25.8% in Q1 2024.
- Historically, Tax Rate has averaged 26.02% across 5 years, with a median of 28.16% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 5164 bps in 2024, then jumped 7206 bps in 2025.
- Over 5 years, Tax Rate stood at 24.51% in 2022, then increased by 4 bps to 25.48% in 2023, then jumped by 44 bps to 36.59% in 2024, then fell by 2 bps to 35.8% in 2025, then slumped by 69 bps to 10.97% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 10.97%, 19.81%, and 35.8% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 646.43 Bn | 625.67 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 442.46 Bn | 435.89 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 366.77 Bn | 359.63 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 266.59 Bn | 258.90 Bn | 11.24 Bn | -23.71% |
| 5 | Pfizer | 159.14 Bn | 147.45 Bn | 10.94 Bn | 62.33% |
| 6 | Sanofi | 52.40 Bn | 45.02 Bn | 10.79 Bn | -31.96% |
| 7 | Revolution Medicines | 44.08 Bn | 44.08 Bn | - | - |
| 8 | Incyte | 25.38 Bn | 20.85 Bn | 1.57 Bn | 22.08% |
| 9 | United Therapeutics | 21.53 Bn | 18.87 Bn | 683.80 Mn | 10.65% |
| 10 | Neurocrine Biosciences | 15.60 Bn | 15.21 Bn | 935.80 Mn | 10.97% |
Historic Data
Download Data
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% |
| Mar 31, 2024 | -25.80% |
| Dec 31, 2023 | 25.48% |
| Sep 30, 2023 | 28.11% |
| Jun 30, 2023 | 21.46% |
| Mar 31, 2023 | 25.85% |
| Dec 31, 2022 | 24.51% |
| Sep 30, 2022 | 30.03% |
| Jun 30, 2022 | 27.47% |
| Mar 31, 2022 | 35.05% |
| Dec 31, 2021 | 47.10% |
| Sep 30, 2021 | 26.23% |