Vir Biotechnology (VIR) Current Taxes (2021 - 2023)
Vir Biotechnology (VIR) posted Current Taxes of $15.3 million for Q1 2023, little changed sequentially from $15.2 million in Q4 2022, and down 96.23% YoY from $404.4 million in Q1 2022.
Analysis
Vir Biotechnology (VIR) Current Taxes (2021 - 2023) Analysis & Trends
Vir Biotechnology has reported Current Taxes for 3 years, with the latest figure at $15.3 million in Q1 2023.
- Quarterly Current Taxes fell 96.23% year-over-year to $15.3 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $15.3 million (down 96.23% YoY) and the FY2022 annual result came in at $15.2 million, up 144.94% from the prior year.
- Current Taxes was little changed at $15.3 million in Q1 2023 per VIR's latest filing, from $15.2 million in the prior quarter.
- Over five years, Current Taxes peaked at $404.4 million in Q1 2022 and troughed at $6.2 million in Q4 2021.
- A 3-year average of $116.1 million and a median of $56.7 million in 2022 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2022 and 2023: Current Taxes jumped 144.94% in 2022, then tumbled 96.23% in 2023.
- Over 3 years, Current Taxes stood at $6.2 million in 2021, then jumped by 144.94% to $15.2 million in 2022, then gained by 0.16% to $15.3 million in 2023.
- According to Business Quant data, Current Taxes over the past three periods registered $15.3 million, $15.2 million, and $98.2 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.51 Bn | 130.66 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 85.24 Bn | 77.25 Bn | 3.93 Bn | - |
| 3 | Argenx Se | 63.46 Bn | 58.28 Bn | 1.37 Bn | 49.00 Mn |
| 4 | Moderna | 57.89 Bn | 52.75 Bn | 52.00 Mn | - |
| 5 | Revolution Medicines | 44.02 Bn | 44.02 Bn | - | - |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn | 76.32 Mn |
| 7 | Alnylam Pharmaceuticals | 35.49 Bn | 32.19 Bn | 992.69 Mn | - |
| 8 | Royalty Pharma | 28.43 Bn | 27.59 Bn | - | - |
| 9 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | - |
| 10 | Vir Biotechnology | 1.92 Bn | 1.92 Bn | 238.95 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 15.25 Mn |
| Dec 31, 2022 | 15.23 Mn |
| Sep 30, 2022 | 98.19 Mn |
| Jun 30, 2022 | 157.54 Mn |
| Mar 31, 2022 | 404.43 Mn |
| Dec 31, 2021 | 6.22 Mn |