Quanterix (QTRX) Tax Rate (2018 - 2026)
Quanterix (QTRX) reported Tax Rate of 0.04% for Q1 2026, down 1240.0% on a YoY basis from 0.0% in Q1 2025, and up 102.63% quarter-over-quarter from 1.52% in Q4 2025.
Quanterix (QTRX) Tax Rate (2018 - 2026) Analysis & Trends
Quanterix has reported Tax Rate for 9 years, with the latest figure at 0.04% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 1240.0% year-over-year to 0.04%; the trailing twelve-month figure through Mar 2026 stood at 2.08% (down 318.0% YoY), and the FY2025 full-year result was 4.56%, up 570.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.04%, up from 1.52% in the prior quarter.
- The five-year high for Tax Rate was 12.44% in Q1 2025, with the low at 4.42% in Q2 2023.
- Historically, Tax Rate has averaged 0.09% across 5 years, with a median of 0.85% in 2022.
- Annual changes were most pronounced in 2025 — Tax Rate jumped 1408 bps — and 2026, when it plunged 1240 bps.
- Quanterix's Tax Rate stood at 0.85% in 2022, then slumped by 91 bps to 1.63% in 2023, then jumped by 104 bps to 0.07% in 2024, then sank by 2304 bps to 1.52% in 2025, then surged by 103 bps to 0.04% in 2026.
- The last three Tax Rate figures came in at 0.04% (Q1 2026), 1.52% (Q4 2025), and 6.89% (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 | Quanterix | 159.26 Mn | 59.99 Mn | 15.57 Mn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.04% |
| Mar 31, 2026 | 0.04% |
| Dec 31, 2025 | -1.52% |
| Dec 31, 2025 | -1.52% |
| Sep 30, 2025 | 6.89% |
| Sep 30, 2025 | 6.89% |
| Jun 30, 2025 | 0.24% |
| Jun 30, 2025 | 0.24% |
| Mar 31, 2025 | 12.44% |
| Mar 31, 2025 | 12.44% |
| Dec 31, 2024 | 0.07% |
| Dec 31, 2024 | 0.07% |
| Sep 30, 2024 | -1.77% |
| Sep 30, 2024 | -1.77% |
| Jun 30, 2024 | -1.61% |
| Jun 30, 2024 | -1.61% |
| Mar 31, 2024 | -1.64% |
| Mar 31, 2024 | -1.64% |
| Dec 31, 2023 | -1.63% |
| Dec 31, 2023 | -1.63% |