Spyre Therapeutics (SYRE) Tax Rate (2021 - 2025)
Spyre Therapeutics (SYRE) reported Tax Rate of 0.03% for Q1 2025, up 11.0% on a YoY basis from 0.03% in Q1 2024, and up 1985.38% quarter-over-quarter from 0.0% in Q4 2024.
Spyre Therapeutics (SYRE) Tax Rate (2021 - 2025) Analysis & Trends
Spyre Therapeutics has reported Tax Rate for 5 years, with the latest figure at 0.03% in Q1 2025.
- For the quarter ending Q1 2025, Tax Rate rose 11.0% year-over-year to 0.03%; the trailing twelve-month figure through Dec 2025 stood at 0.01% (up 3.0% YoY), and the FY2025 full-year result was 0.01%, up 3.0% from the prior year.
- Tax Rate for Q1 2025 stood at 0.03%, up from 0.0% in the prior quarter.
- The five-year high for Tax Rate was 1.13% in Q3 2022, with the low at 1.37% in Q2 2021.
- Historically, Tax Rate has averaged 0.05% across 5 years, with a median of 0.03% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate soared 133 bps — and 2023, when it sank 114 bps.
- Spyre Therapeutics' Tax Rate stood at 0.11% in 2021, then sank by 80 bps to 0.2% in 2022, then surged by 96 bps to 0.01% in 2023, then jumped by 76 bps to 0.0% in 2024, then surged by 1985 bps to 0.03% in 2025.
- The last three Tax Rate figures came in at 0.03% (Q1 2025), 0.0% (Q4 2024), and 0.03% (Q3 2024), 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 | Spyre Therapeutics | 6.95 Bn | 6.95 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 0.03% |
| Mar 31, 2025 | 0.03% |
| Dec 31, 2024 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | -0.03% |
| Sep 30, 2024 | -0.03% |
| Mar 31, 2024 | -0.07% |
| Mar 31, 2024 | -0.07% |
| Sep 30, 2023 | -0.01% |
| Sep 30, 2023 | -0.01% |
| Jun 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.20% |
| Mar 31, 2023 | 0.20% |
| Dec 31, 2022 | -0.20% |
| Dec 31, 2022 | -0.20% |
| Sep 30, 2022 | 1.13% |
| Sep 30, 2022 | 1.13% |
| Jun 30, 2022 | -0.04% |
| Jun 30, 2022 | -0.04% |