Q32 Bio (QTTB) Tax Rate (2022 - 2024)

Q32 Bio (QTTB) recorded quarterly Tax Rate of 0.15% in Q4 2024, up 87.5% quarter-over-quarter from 1.19% in Q4 2023, and up 104.0% on a YoY basis from 0.07% in Q1 2024.

Q32 Bio (QTTB) Tax Rate (2022 - 2024) Analysis & Trends

Q32 Bio's Tax Rate history runs 3 years deep, the most recent figure standing at 0.15% for Q4 2024.

  • In Q4 2024, Tax Rate rose 104.0% year-over-year to 0.15%; the TTM figure through Jun 2025 stood at 0.04% (up 54.0% YoY), while the FY2024 annual figure was 0.05%, up 55.0% from the prior year.
  • Tax Rate was 0.15% for Q4 2024 at Q32 Bio, up from 1.19% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 1.07% in Q1 2022 to a low of 4.63% in Q4 2022.
  • Historically, Tax Rate has averaged 0.9% across 3 years, with a median of 0.26% in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate surged 345 bps in 2023, then soared 104 bps in 2024.
  • A 3-year view of Tax Rate shows it stood at 4.63% in 2022, then surged by 74 bps to 1.19% in 2023, then surged by 88 bps to 0.15% in 2024.
  • The last three Tax Rate figures came in at 0.15% (Q4 2024), 1.19% (Q4 2023), and 4.63% (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Q32 Bio 167.59 Mn 116.84 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -0.15%
Dec 31, 2024 -0.15%
Dec 31, 2023 -1.19%
Dec 31, 2023 -1.19%
Dec 31, 2022 -4.63%
Dec 31, 2022 -4.63%
Sep 30, 2022 -0.15%
Sep 30, 2022 -0.15%
Jun 30, 2022 -0.38%
Jun 30, 2022 -0.38%
Mar 31, 2022 1.07%
Mar 31, 2022 1.07%