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
DateValue
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%