Profound Medical (PROF) Tax Rate (2024 - 2026)
Profound Medical's (PROF) quarterly Tax Rate came in at 0.38% in Q1 2026, little changed year-on-year from 0.38% in Q1 2025, and down 526.13% quarter-over-quarter from 0.06% in Q4 2025.
Profound Medical (PROF) Tax Rate (2024 - 2026) Analysis & Trends
Profound Medical's Tax Rate history runs 3 years deep, the most recent figure standing at 0.38% for Q1 2026.
- On a quarterly basis, Tax Rate changed 0.0% year-over-year to 0.38% in Q1 2026; TTM through Mar 2026 was 0.6%, a 11428.0% decrease from a year earlier, with the FY2025 full-year figure at 0.55%, up 89112.0% from the prior year.
- Tax Rate slipped to 0.38% in Q1 2026 per PROF's latest filing, from 0.06% in the prior quarter.
- Across five years, Tax Rate topped out at 0.06% in Q4 2025 and bottomed at 19.09% in Q4 2024.
- The 3-year median for Tax Rate is 0.5% (2025), against an average of 2.75%.
- Biggest YoY gain for Tax Rate was 1902 bps in 2025; the steepest drop was 22 bps in 2025.
- Year by year, Tax Rate stood at 19.09% in 2024, then jumped by 100 bps to 0.06% in 2025, then tumbled by 526 bps to 0.38% in 2026.
- Per Business Quant, the three latest PROF Tax Rate figures stand at 0.38% (Q1 2026), 0.06% (Q4 2025), and 1.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.44 Bn | 175.14 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 128.91 Bn | 126.03 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 108.67 Bn | 99.45 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 68.45 Bn | 67.00 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 47.59 Bn | 43.92 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 28.59 Bn | 27.48 Bn | 750.30 Mn | 25.97% |
| 7 | GE HealthCare Technologies | 28.53 Bn | 26.24 Bn | 1.98 Bn | 18.61% |
| 8 | Smith & Nephew | 26.95 Bn | 26.37 Bn | - | - |
| 9 | Koninklijke Philips | 25.42 Bn | 22.30 Bn | 2.07 Bn | -23.16% |
| 10 | Profound Medical | 273.14 Mn | 222.85 Mn | 3.83 Mn | -0.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.38% |
| Mar 31, 2026 | -0.38% |
| Mar 31, 2026 | -0.38% |
| Dec 31, 2025 | -0.06% |
| Dec 31, 2025 | -0.06% |
| Dec 31, 2025 | -0.06% |
| Sep 30, 2025 | -1.54% |
| Sep 30, 2025 | -1.54% |
| Sep 30, 2025 | -1.54% |
| Jun 30, 2025 | -0.50% |
| Jun 30, 2025 | -0.50% |
| Jun 30, 2025 | -0.50% |
| Mar 31, 2025 | -0.38% |
| Mar 31, 2025 | -0.38% |
| Mar 31, 2025 | -0.38% |
| Dec 31, 2024 | -19.09% |
| Dec 31, 2024 | -19.09% |
| Dec 31, 2024 | -19.09% |
| Sep 30, 2024 | -1.93% |
| Sep 30, 2024 | -1.93% |