Bio-Techne (TECH) Tax Rate (2009 - 2026)
Bio-Techne (TECH) posted quarterly Tax Rate of 28.33% for Q1 2026, down 1265.0% year-over-year from 2.43% in Q1 2025, and up 12.62% quarter-over-quarter from 25.16% in Q4 2025.
Bio-Techne (TECH) Tax Rate (2009 - 2026) Analysis & Trends
Bio-Techne's Tax Rate history runs 18 years deep, the most recent figure standing at 28.33% for Q1 2026.
- In Q1 2026, Tax Rate fell 1265.0% year-over-year to 28.33%; the TTM figure through Mar 2026 stood at 62.29% (up 1530.0% YoY), while the FY2025 annual figure was 215.15%, up 18212.0% from the prior year.
- Tax Rate for Q1 2026 stood at 28.33%, up from 25.16% in the prior quarter.
- The five-year high for Tax Rate was 133.97% in Q2 2024, with the low at 2.9% in Q3 2023.
- The 5-year median for Tax Rate is 17.74% (2023), against an average of 24.33%.
- The sharpest annual moves came in 2022 and 2024: Tax Rate sank 27521 bps in 2022, then jumped 11944 bps in 2024.
- Bio-Techne's Tax Rate stood at 24.72% in 2022, then slipped by 28 bps to 17.74% in 2023, then grew by 5 bps to 18.63% in 2024, then jumped by 35 bps to 25.16% in 2025, then climbed by 13 bps to 28.33% in 2026.
- Business Quant data shows TECH's Tax Rate at 28.33% in Q1 2026, 25.16% in Q4 2025, and 20.43% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 10.91% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 24.15% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | -9.47% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 7.49% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | -16.71% |
| 10 | Bio-Techne | 11.33 Bn | 11.12 Bn | 208.29 Mn | 28.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.33% |
| Mar 31, 2026 | 28.33% |
| Mar 31, 2026 | 28.33% |
| Dec 31, 2025 | 25.16% |
| Dec 31, 2025 | 25.16% |
| Dec 31, 2025 | 25.16% |
| Sep 30, 2025 | 20.43% |
| Sep 30, 2025 | 20.43% |
| Sep 30, 2025 | 20.43% |
| Jun 30, 2025 | 4.72% |
| Jun 30, 2025 | 4.72% |
| Jun 30, 2025 | 4.72% |
| Mar 31, 2025 | 40.98% |
| Mar 31, 2025 | 40.98% |
| Mar 31, 2025 | 40.98% |
| Dec 31, 2024 | 18.63% |
| Dec 31, 2024 | 18.63% |
| Dec 31, 2024 | 18.63% |
| Sep 30, 2024 | 16.36% |
| Sep 30, 2024 | 16.36% |