Growth Metrics

Profound Medical (PROF) Tax Rate (2023 - 2026)

Profound Medical's quarterly Tax Rate came in at 0.38% in Q1 2026, little changed year-on-year from 0.38% in Q1 2025, and down 160.89% quarter-over-quarter from 0.15% in Q4 2025.

Profound Medical has reported Tax Rate for 4 years, with the latest figure at 0.38% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate changed 0.0% year-over-year to 0.38%; the trailing twelve-month figure through Mar 2026 stood at 0.62% (up 334.0% YoY), and the FY2025 full-year result was 0.55%, down 3132.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.38%, down from 0.15% in the prior quarter.
  • The five-year high for Tax Rate was 0.72% in Q1 2023, with the low at 1.93% in Q3 2024.
  • Average Tax Rate over 4 years is 0.31%, with a median of 0.38% recorded in 2025.
  • Year-over-year, Tax Rate plunged 225 bps in 2024 and surged 39 bps in 2025.
  • Tracing PROF's Tax Rate over 4 years: stood at 0.59% in 2023, then slumped by 168 bps to 0.4% in 2024, then jumped by 63 bps to 0.15% in 2025, then sank by 161 bps to 0.38% in 2026.
  • The last three Tax Rate figures came in at 0.38% (Q1 2026), 0.15% (Q4 2025), and 1.54% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 25.67
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 12.35
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 18.09
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 18.61
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 27.65
10 Profound Medical 244.28 Mn 193.99 Mn 3.83 Mn -0.38

Historic Data

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DateValue
Mar 31, 2026 -0.38
Mar 31, 2026 -0.38
Dec 31, 2025 -0.15
Dec 31, 2025 -0.15
Sep 30, 2025 -1.54
Sep 30, 2025 -1.54
Jun 30, 2025 -0.50
Jun 30, 2025 -0.50
Mar 31, 2025 -0.38
Mar 31, 2025 -0.38
Dec 31, 2024 -0.40
Dec 31, 2024 -0.40
Sep 30, 2024 -1.93
Sep 30, 2024 -1.93
Jun 30, 2024 -0.28
Jun 30, 2024 -0.28
Mar 31, 2024 -0.61
Mar 31, 2024 -0.61
Dec 31, 2023 0.59
Dec 31, 2023 0.59
Sep 30, 2023 0.32
Sep 30, 2023 0.32
Jun 30, 2023 0.48
Jun 30, 2023 0.48
Mar 31, 2023 0.72
Mar 31, 2023 0.72