Protalix BioTherapeutics (PLX) Tax Rate (2023 - 2026)
Protalix BioTherapeutics (PLX) posted quarterly Tax Rate of 13.02% for Q1 2026, up 999.0% year-over-year from 1.18% in Q1 2025, and up 199.35% quarter-over-quarter from 4.35% in Q4 2025.
Protalix BioTherapeutics (PLX) Tax Rate (2023 - 2026) Analysis & Trends
Protalix BioTherapeutics' Tax Rate history runs 4 years deep, the most recent figure standing at 13.02% for Q1 2026.
- In Q1 2026, Tax Rate rose 999.0% year-over-year to 13.02%; the TTM figure through Mar 2026 stood at 13.21% (up 36.0% YoY), while the FY2025 annual figure was 2.29%, down 1634.0% from the prior year.
- Tax Rate for Q1 2026 stood at 13.02%, up from 4.35% in the prior quarter.
- The five-year high for Tax Rate was 40.24% in Q2 2025, with the low at 7.82% in Q3 2025.
- The 4-year median for Tax Rate is 4.35% (2025), against an average of 6.86%.
- Peak annual rise in Tax Rate reached 3721 bps in 2025, while the deepest fall reached 1747 bps in 2025.
- Protalix BioTherapeutics' Tax Rate stood at 8.75% in 2023, then rose by 2 bps to 8.92% in 2024, then plunged by 51 bps to 4.35% in 2025, then jumped by 199 bps to 13.02% in 2026.
- Business Quant data shows PLX's Tax Rate at 13.02% in Q1 2026, 4.35% in Q4 2025, and 7.82% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 137.11 Bn | 129.26 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 84.98 Bn | 76.99 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.52 Bn | 59.33 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 53.23 Bn | 48.09 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.23 Bn | 36.14 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 30.65 Bn | 27.34 Bn | 992.69 Mn | 7.49% |
| 7 | Insmed | 27.15 Bn | 25.99 Bn | 358.27 Mn | -16.71% |
| 8 | Royalty Pharma | 26.98 Bn | 26.14 Bn | - | - |
| 9 | BioNTech SE | 26.78 Bn | 8.39 Bn | 668.28 Mn | 34.12% |
| 10 | Protalix BioTherapeutics | 190.37 Mn | 149.71 Mn | 12.13 Mn | 22.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.28% |
| Jun 30, 2026 | 22.28% |
| Jun 30, 2026 | 22.28% |
| Mar 31, 2026 | 13.02% |
| Mar 31, 2026 | 13.02% |
| Mar 31, 2026 | 13.02% |
| Dec 31, 2025 | 4.35% |
| Dec 31, 2025 | 4.35% |
| Dec 31, 2025 | 4.35% |
| Sep 30, 2025 | -7.82% |
| Sep 30, 2025 | -7.82% |
| Sep 30, 2025 | -7.82% |
| Jun 30, 2025 | 40.24% |
| Jun 30, 2025 | 40.24% |
| Jun 30, 2025 | 40.24% |
| Mar 31, 2025 | 3.03% |
| Mar 31, 2025 | 3.03% |
| Mar 31, 2025 | 3.03% |
| Dec 31, 2024 | 8.92% |
| Dec 31, 2024 | 8.92% |