Nuvalent (NUVL) Tax Rate (2024 - 2026)

Nuvalent (NUVL) posted Tax Rate of 0.15% for Q1 2026, down 100.2% on a QoQ basis from 75.61% in Q4 2025, and up 3.0% year-over-year from 0.15% in Q1 2025.

Nuvalent (NUVL) Tax Rate (2024 - 2026) Analysis & Trends

Nuvalent's Tax Rate history runs 3 years deep, the most recent figure standing at 0.15% for Q1 2026.

  • Quarterly Tax Rate rose 3.0% year-over-year to 0.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.84% (up 2002.0% YoY) and the FY2025 annual result came in at 21.0%, up 2129.0% from the prior year.
  • Tax Rate was 0.15% for Q1 2026 at Nuvalent, down from 75.61% in the prior quarter.
  • Across five years, Tax Rate topped out at 75.61% in Q4 2025 and bottomed at 0.87% in Q1 2024.
  • A 3-year average of 8.17% and a median of 0.15% in 2026 frame the typical range for Tax Rate.
  • Peak annual rise in Tax Rate reached 7584 bps in 2025, while the deepest fall reached 6 bps in 2025.
  • Nuvalent's Tax Rate stood at 0.23% in 2024, then surged by 33082 bps to 75.61% in 2025, then slumped by 100 bps to 0.15% in 2026.
  • Business Quant data shows NUVL's Tax Rate at 0.15% in Q1 2026, 75.61% in Q4 2025, and 0.11% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Nuvalent 9.75 Bn 9.75 Bn - -0.15

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.15
Mar 31, 2026 -0.15
Mar 31, 2026 -0.15
Dec 31, 2025 75.61
Dec 31, 2025 75.61
Dec 31, 2025 75.61
Sep 30, 2025 -0.11
Sep 30, 2025 -0.11
Sep 30, 2025 -0.11
Jun 30, 2025 -0.15
Jun 30, 2025 -0.15
Jun 30, 2025 -0.15
Mar 31, 2025 -0.19
Mar 31, 2025 -0.19
Mar 31, 2025 -0.19
Dec 31, 2024 -0.23
Dec 31, 2024 -0.23
Dec 31, 2024 -0.23
Sep 30, 2024 -0.05
Sep 30, 2024 -0.05