Nuvalent (NUVL) Tax Rate (2024 - 2026)
Nuvalent (NUVL) reported Tax Rate of 0.15% for Q1 2026, up 3.0% on a YoY basis from 0.15% in Q1 2025, and down 9.96% quarter-over-quarter from 0.14% in Q4 2025.
Nuvalent (NUVL) Tax Rate (2024 - 2026) Analysis & Trends
Nuvalent has reported Tax Rate for 3 years, with the latest figure at 0.15% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 3.0% year-over-year to 0.15%; the trailing twelve-month figure through Mar 2026 stood at 0.14% (up 4.0% YoY), and the FY2025 full-year result was 0.14%, up 15.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.15%, down from 0.14% in the prior quarter.
- The five-year high for Tax Rate was 0.05% in Q3 2024, with the low at 0.87% in Q1 2024.
- Historically, Tax Rate has averaged 0.24% across 3 years, with a median of 0.15% in 2026.
- The largest YoY upside for Tax Rate was 68 bps in 2025 against a maximum downside of 6 bps in 2025.
- Nuvalent's Tax Rate stood at 0.23% in 2024, then jumped by 39 bps to 0.14% in 2025, then slipped by 10 bps to 0.15% in 2026.
- The last three Tax Rate figures came in at 0.15% (Q1 2026), 0.14% (Q4 2025), and 0.11% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 788,338.31 Bn | 788,338.28 Bn | - | - |
| 2 | Belite Bio | 56,560.00 Bn | 56,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,329.30 Bn | 17,329.30 Bn | - | - |
| 4 | Legend Biotech | 3,341.00 Bn | 3,340.71 Bn | 242.10 Mn | -57.14% |
| 5 | Akari Therapeutics | 1,727.91 Bn | 1,727.91 Bn | - | 5.61% |
| 6 | Evaxion A | 1,536.68 Bn | 1,536.67 Bn | - | -6.79% |
| 7 | Psyence Biomedical | 238.34 Bn | 238.33 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 113.42 Bn | 106.17 Bn | 2.59 Bn | 17.68% |
| 9 | Abivax | 95.45 Bn | 95.45 Bn | - | - |
| 10 | Nuvalent | 9.69 Bn | 9.69 Bn | - | -0.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.15% |
| Mar 31, 2026 | -0.15% |
| Dec 31, 2025 | -0.14% |
| Dec 31, 2025 | -0.14% |
| Sep 30, 2025 | -0.11% |
| Sep 30, 2025 | -0.11% |
| Jun 30, 2025 | -0.15% |
| Jun 30, 2025 | -0.15% |
| Mar 31, 2025 | -0.19% |
| Mar 31, 2025 | -0.19% |
| Dec 31, 2024 | -0.23% |
| Dec 31, 2024 | -0.23% |
| Sep 30, 2024 | -0.05% |
| Sep 30, 2024 | -0.05% |
| Jun 30, 2024 | -0.30% |
| Jun 30, 2024 | -0.30% |
| Mar 31, 2024 | -0.87% |
| Mar 31, 2024 | -0.87% |