Protalix BioTherapeutics (PLX) Tax Rate (2023 - 2026)
Protalix BioTherapeutics' Tax Rate came in at 22.28% for Q2 2026, down 52.91 percentage points from 75.19% a year earlier but up 8.93 percentage points from the prior quarter.
Protalix BioTherapeutics (PLX) Tax Rate (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Protalix BioTherapeutics reported Tax Rate of 19.26%, down 3.16 percentage points year-over-year; for FY2025, it came in at -17.76%, down 47.18 percentage points from FY2024.
- Tax Rate carries a three-year change of -14.08 percentage points (FY2022 to FY2025).
- Going back by year, Tax Rate was 29.42% in FY2024 (+26.45 pp), 2.97% in FY2023 (+6.65 pp) and -3.68% in FY2022.
- The five-year range for quarterly Tax Rate is -15.24% (Q4 2025) to 75.19% (Q2 2025).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +1.38 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2025 (a gain of 72.15 percentage points), and the weakest in Q2 2026 (a drop of 52.91 percentage points).
- Business Quant data shows PLX's Tax Rate at 13.36% (Q1 2026), -15.24% (Q4 2025) and -5.18% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,134.24 Bn | 1,102.83 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 616.05 Bn | 534.58 Bn | 17.26 Bn | 17.98% |
| 3 | AbbVie | 500.90 Bn | 474.01 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 367.17 Bn | 321.54 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 297.85 Bn | 261.84 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 261.35 Bn | 235.03 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 235.77 Bn | 191.17 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 190.70 Bn | 164.90 Bn | 6.22 Bn | - |
| 9 | Pfizer | 169.35 Bn | 115.99 Bn | 10.94 Bn | - |
| 10 | Protalix BioTherapeutics | 203.17 Mn | 51.78 Mn | 12.13 Mn | 22.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.28% |
| Mar 31, 2026 | 13.36% |
| Jun 30, 2025 | 75.19% |
| Dec 31, 2024 | 11.24% |
| Sep 30, 2024 | 15.79% |
| Jun 30, 2023 | 1.57% |
Protalix BioTherapeutics 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=PLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PLX", "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=PLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();