Prenetics Global (PRENW) Tax Rate (2021 - 2026)
Prenetics Global (PRENW) posted quarterly Tax Rate of 0.1% for Q1 2026, down 23.0% YoY from 0.13% in Q1 2025, and down 97.08% sequentially from 3.51% in Q4 2025.
Prenetics Global (PRENW) Tax Rate (2021 - 2026) Analysis & Trends
Prenetics Global has disclosed Tax Rate across 6 years of filings, most recently posting 0.1% for Q1 2026.
- In Q1 2026, Tax Rate fell 23.0% year-over-year to 0.1%; the TTM figure through Mar 2026 stood at 0.09% (down 885.0% YoY), while the FY2025 annual figure was 0.09%, down 1669.0% from the prior year.
- Tax Rate retreated to 0.1% in Q1 2026, from 3.51% in the prior quarter.
- Over the last five years, Tax Rate for PRENW reached as high as 129.01% in Q2 2024 and fell as low as 35.8% in Q4 2024.
- The 5-year median for Tax Rate is 5.32% (2022), against an average of 48.85%.
- Annual changes were most pronounced in 2023 — Tax Rate soared 10443 bps — and 2024, when it tumbled 14139 bps.
- A 5-year view of Tax Rate shows it stood at 1.16% in 2022, then jumped by 9000 bps to 105.59% in 2023, then plunged by 134 bps to 35.8% in 2024, then surged by 110 bps to 3.51% in 2025, then sank by 97 bps to 0.1% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.1%, 3.51%, and 0.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 21.66% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -0.35% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 16.91% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 17.99% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 19.17% |
| 10 | Prenetics Global | - | - | 23.28 Mn | 0.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.10% |
| Mar 31, 2026 | 0.10% |
| Dec 31, 2025 | 3.51% |
| Dec 31, 2025 | 3.51% |
| Sep 30, 2025 | 0.13% |
| Sep 30, 2025 | 0.13% |
| Jun 30, 2025 | -0.30% |
| Jun 30, 2025 | -0.30% |
| Mar 31, 2025 | 0.33% |
| Mar 31, 2025 | 0.33% |
| Dec 31, 2024 | -35.80% |
| Dec 31, 2024 | -35.80% |
| Sep 30, 2024 | 0.09% |
| Sep 30, 2024 | 0.09% |
| Jun 30, 2024 | 129.01% |
| Jun 30, 2024 | 129.01% |
| Mar 31, 2024 | 101.84% |
| Mar 31, 2024 | 101.84% |
| Dec 31, 2023 | 105.59% |
| Dec 31, 2023 | 105.59% |