Quanterix (QTRX) Tax Rate (2018 - 2026)
Quanterix's (QTRX) quarterly Tax Rate came in at 0.04% in Q1 2026, down 1240.0% YoY from 0.0% in Q1 2025, and up 102.63% on a QoQ basis from 1.52% in Q4 2025.
Quanterix (QTRX) Tax Rate (2018 - 2026) Analysis & Trends
Quanterix (QTRX) has 9 years of Tax Rate data on file, last reported at 0.04% in Q1 2026.
- Quarterly Tax Rate fell 1240.0% year-over-year to 0.04% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.08% (down 318.0% YoY) and the FY2025 annual result came in at 4.56%, up 570.0% from the prior year.
- Tax Rate rose to 0.04% in Q1 2026, from 1.52% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 12.44% in Q1 2025 to a low of 4.42% in Q2 2023.
- A 5-year average of 0.09% and a median of 0.85% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2025 — Tax Rate jumped 1408 bps — and 2026, when it plunged 1240 bps.
- Tracing QTRX's Tax Rate over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 202.72 Bn | 197.12 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 126.42 Bn | 122.94 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 119.75 Bn | 110.53 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.13 Bn | 73.60 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 51.78 Bn | 47.53 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 35.29 Bn | 33.34 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.95 Bn | 31.85 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.22 Bn | 22.90 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.21 Bn | 22.73 Bn | 684.20 Mn | 26.51% |
| 10 | Quanterix | 141.97 Mn | 48.44 Mn | 12.67 Mn | 0.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.11% |
| Jun 30, 2026 | 0.11% |
| Jun 30, 2026 | 0.11% |
| Mar 31, 2026 | 0.04% |
| Mar 31, 2026 | 0.04% |
| Mar 31, 2026 | 0.04% |
| Dec 31, 2025 | -1.52% |
| Dec 31, 2025 | -1.52% |
| Dec 31, 2025 | -1.52% |
| Sep 30, 2025 | 6.89% |
| Sep 30, 2025 | 6.89% |
| Sep 30, 2025 | 6.89% |
| Jun 30, 2025 | 0.24% |
| Jun 30, 2025 | 0.24% |
| Jun 30, 2025 | 0.24% |
| Mar 31, 2025 | 12.44% |
| Mar 31, 2025 | 12.44% |
| Mar 31, 2025 | 12.44% |
| Dec 31, 2024 | 0.07% |
| Dec 31, 2024 | 0.07% |