Prenetics Global (PRE) Tax Rate (2021 - 2026)
Prenetics Global (PRE) posted quarterly Tax Rate of 0.1% for Q1 2026, down 95.0% year-over-year from 2.05% in Q1 2025, and down 97.08% quarter-over-quarter from 3.51% in Q4 2025.
Prenetics Global (PRE) Tax Rate (2021 - 2026) Analysis & Trends
Prenetics Global (PRE) has reported Tax Rate for 6 consecutive years, with 0.1% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 95.0% year-over-year to 0.1%; the TTM figure through Mar 2026 stood at 0.09% (up 1626.0% YoY), while the FY2025 annual figure was 0.09%, changed N/A from the prior year.
- Tax Rate slipped to 0.1% in Q1 2026 per PRE's latest filing, from 3.51% in the prior quarter.
- Across five years, Tax Rate topped out at 5.32% in Q1 2022 and bottomed at 35.8% in Q4 2024.
- Historically, Tax Rate has averaged 2.28% across 5 years, with a median of 0.06% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate soared 5434 bps — and 2024, when it plunged 3768 bps.
- Prenetics Global's Tax Rate stood at 3.44% in 2022, then surged by 155 bps to 1.88% in 2023, then plunged by 2006 bps to 35.8% in 2024, then soared by 110 bps to 3.51% in 2025, then plunged by 97 bps to 0.1% in 2026.
- Business Quant data shows PRE's Tax Rate at 0.1% in Q1 2026, 3.51% in Q4 2025, and 0.13% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.77 Bn | 209.71 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 139.78 Bn | 135.43 Bn | 3.61 Bn | 19.29% |
| 3 | Idexx Laboratories | 46.04 Bn | 45.85 Bn | 779.09 Mn | 18.89% |
| 4 | Agilent Technologies | 39.68 Bn | 37.88 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 39.34 Bn | 37.26 Bn | 1.44 Bn | 19.93% |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | -0.35% |
| 7 | Illumina | 29.90 Bn | 28.73 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.58 Bn | 28.53 Bn | 650.22 Mn | 19.52% |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 21.36% |
| 10 | Prenetics Global | 309.08 Mn | 203.05 Mn | 23.28 Mn | 0.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.10% |
| Mar 31, 2026 | -0.10% |
| Mar 31, 2026 | -0.10% |
| Dec 31, 2025 | 3.51% |
| Dec 31, 2025 | 3.51% |
| Dec 31, 2025 | 3.51% |
| Sep 30, 2025 | 0.13% |
| Sep 30, 2025 | 0.13% |
| Sep 30, 2025 | 0.13% |
| Jun 30, 2025 | -0.30% |
| Jun 30, 2025 | -0.30% |
| Jun 30, 2025 | -0.30% |
| Mar 31, 2025 | 1.06% |
| Mar 31, 2025 | 1.06% |
| Mar 31, 2025 | 1.06% |
| Dec 31, 2024 | -35.80% |
| Dec 31, 2024 | -35.80% |
| Dec 31, 2024 | -35.80% |
| Sep 30, 2024 | 0.09% |
| Sep 30, 2024 | 0.09% |