Protalix BioTherapeutics (PLX) Tax Rate (2023 - 2026)

Protalix BioTherapeutics (PLX) recorded quarterly Tax Rate of 13.02% in Q1 2026, up 186.36% quarter-over-quarter from 15.08% in Q4 2025, and up 999.0% on a YoY basis from 1.18% in Q1 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 16.8% (up 151.0% YoY), while the FY2025 annual figure was 14.33%, down 2837.0% from the prior year.
  • Tax Rate was 13.02% for Q1 2026 at Protalix BioTherapeutics, up from 15.08% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 40.24% in Q2 2025 to a low of 15.08% in Q4 2025.
  • Historically, Tax Rate has averaged 4.22% across 4 years, with a median of 3.03% in 2025.
  • Biggest YoY gain for Tax Rate was 3721 bps in 2025; the steepest drop was 2400 bps in 2025.
  • A 4-year view of Tax Rate shows it stood at 12.29% in 2023, then surged by 173 bps to 8.92% in 2024, then sank by 269 bps to 15.08% in 2025, then jumped by 186 bps to 13.02% in 2026.
  • The last three Tax Rate figures came in at 13.02% (Q1 2026), 15.08% (Q4 2025), and 7.82% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Protalix BioTherapeutics 176.47 Mn 165.67 Mn 29.62 Mn 13.02

Historic Data

Download Data
DateValue
Mar 31, 2026 13.02%
Mar 31, 2026 13.02%
Dec 31, 2025 -15.08%
Dec 31, 2025 -15.08%
Sep 30, 2025 -7.82%
Sep 30, 2025 -7.82%
Jun 30, 2025 40.24%
Jun 30, 2025 40.24%
Mar 31, 2025 3.03%
Mar 31, 2025 3.03%
Dec 31, 2024 8.92%
Dec 31, 2024 8.92%
Sep 30, 2024 15.79%
Sep 30, 2024 15.79%
Jun 30, 2024 3.04%
Jun 30, 2024 3.04%
Mar 31, 2024 2.92%
Mar 31, 2024 2.92%
Dec 31, 2023 -12.29%
Dec 31, 2023 -12.29%