Protalix BioTherapeutics (PLX) Tax Rate (2023 - 2026)
Protalix BioTherapeutics' (PLX) quarterly Tax Rate came in at 13.02% in Q1 2026, up 999.0% year-on-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.
- On a quarterly basis, Tax Rate rose 999.0% year-over-year to 13.02% in Q1 2026; TTM through Mar 2026 was 13.21%, a 36.0% increase from a year earlier, with the FY2025 full-year figure at 2.29%, down 1634.0% from the prior year.
- Tax Rate improved to 13.02% in Q1 2026 per PLX's latest filing, from 4.35% in the prior quarter.
- Across five years, Tax Rate topped out at 40.24% in Q2 2025 and bottomed at 7.82% in Q3 2025.
- The 4-year median for Tax Rate is 4.35% (2025), against an average of 6.86%.
- Biggest YoY gain for Tax Rate was 3721 bps in 2025; the steepest drop was 1747 bps in 2025.
- Year by year, Tax Rate stood at 8.75% in 2023, then gained by 2 bps to 8.92% in 2024, then tumbled by 51 bps to 4.35% in 2025, then surged by 199 bps to 13.02% in 2026.
- Per Business Quant, the three latest PLX Tax Rate figures stand at 13.02% (Q1 2026), 4.35% (Q4 2025), and 7.82% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -0.34% |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 12.29% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -5.41% |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 17.68% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 12.51% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 33.09% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Protalix BioTherapeutics | 190.95 Mn | 180.16 Mn | 29.62 Mn | 13.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 8.92% |
| Sep 30, 2024 | 9.65% |
| Sep 30, 2024 | 9.65% |