Profound Medical (PROF) Tax Rate (2024 - 2026)

Profound Medical (PROF) recorded quarterly Tax Rate of 0.38% in Q1 2026, down 160.89% quarter-over-quarter from 0.15% in Q4 2025, and little changed on a YoY basis from 0.38% in Q1 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.

  • In Q1 2026, Tax Rate changed 0.0% year-over-year to 0.38%; the TTM figure through Mar 2026 stood at 0.62% (up 334.0% YoY), while the FY2025 annual figure was 0.55%, down 3132.0% from the prior year.
  • Tax Rate was 0.38% for Q1 2026 at Profound Medical, down from 0.15% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 0.15% in Q4 2025 to a low of 1.93% in Q3 2024.
  • Historically, Tax Rate has averaged 0.69% across 3 years, with a median of 0.4% in 2024.
  • Biggest YoY gain for Tax Rate was 39 bps in 2025; the steepest drop was 22 bps in 2025.
  • A 3-year view of Tax Rate shows it stood at 0.4% in 2024, then soared by 63 bps to 0.15% in 2025, then slumped 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 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 Profound Medical 246.10 Mn 195.80 Mn 3.83 Mn -0.38

Historic Data

Download Data
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%