Ultragenyx Pharmaceutical (RARE) Tax Rate (2017 - 2026)
Ultragenyx Pharmaceutical (RARE) reported Tax Rate of 0.54% for Q1 2026, up 12.0% year-over-year from 0.49% in Q1 2025, and up 20.24% on a QoQ basis from 0.68% in Q4 2025.
Ultragenyx Pharmaceutical (RARE) has 10 years of Tax Rate data on file, last reported at 0.54% in Q1 2026.
- Quarterly Tax Rate rose 12.0% year-over-year to 0.54% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.61% (down 2245.0% YoY) and the FY2025 annual result came in at 0.7%, up 7430.0% from the prior year.
- Tax Rate rose to 0.54% in Q1 2026 per RARE's latest filing, from 0.68% in the prior quarter.
- Across five years, Tax Rate topped out at 3.04% in Q4 2023 and bottomed at 2.63% in Q3 2022.
- The 5-year median for Tax Rate is 0.41% (2023), against an average of 0.32%.
- The widest annual swing landed in 2023, when Tax Rate surged 317 bps; it then slumped 272 bps in 2024.
- Tracing RARE's Tax Rate over 5 years: stood at 0.12% in 2022, then jumped by 2568 bps to 3.04% in 2023, then tumbled by 89 bps to 0.32% in 2024, then slumped by 312 bps to 0.68% in 2025, then increased by 20 bps to 0.54% in 2026.
- Per Business Quant, the three latest RARE Tax Rate figures stand at 0.54% (Q1 2026), 0.68% (Q4 2025), and 0.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | - |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | - |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | 57.14 |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 5.61 |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 17.68 |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -6.79 |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 12.51 |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 7.07 |
| 10 | Ultragenyx Pharmaceutical | 2.29 Bn | 1.89 Bn | 106.00 Mn | -0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.54 |
| Mar 31, 2026 | -0.54 |
| Dec 31, 2025 | -0.68 |
| Dec 31, 2025 | -0.68 |
| Sep 30, 2025 | -0.49 |
| Sep 30, 2025 | -0.49 |
| Jun 30, 2025 | -0.83 |
| Jun 30, 2025 | -0.83 |
| Mar 31, 2025 | -0.67 |
| Mar 31, 2025 | -0.67 |
| Dec 31, 2024 | 0.32 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | -0.23 |
| Sep 30, 2024 | -0.23 |
| Jun 30, 2024 | -0.66 |
| Jun 30, 2024 | -0.66 |
| Mar 31, 2024 | -0.27 |
| Mar 31, 2024 | -0.27 |
| Dec 31, 2023 | 3.04 |
| Dec 31, 2023 | 3.04 |
| Sep 30, 2023 | -0.41 |
| Sep 30, 2023 | -0.41 |
| Jun 30, 2023 | -0.46 |
| Jun 30, 2023 | -0.46 |
| Mar 31, 2023 | -0.30 |
| Mar 31, 2023 | -0.30 |
| Dec 31, 2022 | -0.12 |
| Dec 31, 2022 | -0.12 |
| Sep 30, 2022 | -2.63 |
| Sep 30, 2022 | -2.63 |
| Jun 30, 2022 | -0.19 |
| Jun 30, 2022 | -0.19 |
| Mar 31, 2022 | -0.37 |
| Mar 31, 2022 | -0.37 |
| Dec 31, 2021 | -0.02 |
| Dec 31, 2021 | -0.02 |
| Sep 30, 2021 | -0.25 |
| Sep 30, 2021 | -0.25 |
| Jun 30, 2021 | -0.38 |
| Jun 30, 2021 | -0.38 |
| Mar 31, 2021 | -0.28 |
| Mar 31, 2021 | -0.28 |
| Dec 31, 2020 | -0.29 |
| Dec 31, 2020 | -0.29 |
| Sep 30, 2020 | -0.46 |
| Sep 30, 2020 | -0.46 |
| Jun 30, 2020 | 1.61 |
| Jun 30, 2020 | 1.61 |
| Mar 31, 2020 | -0.34 |
| Mar 31, 2020 | -0.34 |
| Dec 31, 2019 | -2.81 |
| Dec 31, 2019 | -2.81 |
| Sep 30, 2019 | -0.26 |
| Sep 30, 2019 | -0.26 |
| Jun 30, 2019 | -0.22 |
| Jun 30, 2019 | -0.22 |
| Mar 31, 2019 | -0.22 |
| Mar 31, 2019 | -0.22 |
| Dec 31, 2018 | -0.14 |
| Dec 31, 2018 | -0.14 |
| Sep 30, 2018 | -0.28 |
| Sep 30, 2018 | -0.28 |
| Jun 30, 2018 | -0.19 |
| Jun 30, 2018 | -0.19 |
| Mar 31, 2018 | 0.13 |
| Mar 31, 2018 | 0.13 |
| Dec 31, 2017 | -0.03 |
| Dec 31, 2017 | -0.03 |
| Sep 30, 2017 | -0.01 |
| Sep 30, 2017 | -0.01 |
| Jun 30, 2017 | -0.02 |
| Jun 30, 2017 | -0.02 |