Xenon Pharmaceuticals (XENE) Tax Provisions (2018 - 2026)

Xenon Pharmaceuticals' (XENE) quarterly Tax Provisions came in at -$2.6 million in Q1 2026, down 702.11% year-on-year from $427000.0 in Q1 2025, and down 168.82% on a QoQ basis from $3.7 million in Q4 2025.

Xenon Pharmaceuticals (XENE) Tax Provisions (2018 - 2026) Analysis & Trends

Xenon Pharmaceuticals (XENE) has 9 years of Tax Provisions data on file, last reported at -$2.6 million in Q1 2026.

  • On a quarterly basis, Tax Provisions fell 702.11% year-over-year to -$2.6 million in Q1 2026; TTM through Mar 2026 was $1.2 million, a 129.85% increase from a year earlier, with the FY2025 full-year figure at $4.2 million, up 203.06% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$2.6 million, down from $3.7 million in the prior quarter.
  • Over the last five years, Tax Provisions for XENE reached as high as $3.7 million in Q4 2025 and fell as low as -$3.8 million in Q4 2024.
  • Historically, Tax Provisions has averaged -$151529.4 across 5 years, with a median of -$205000.0 in 2023.
  • Across the five-year window, Tax Provisions tumbled 1777.07% in 2024 and soared 311.56% in 2025, its largest moves.
  • Year by year, Tax Provisions stood at $1.2 million in 2022, then sank by 117.33% to -$205000.0 in 2023, then tumbled by 1777.07% to -$3.8 million in 2024, then jumped by 197.09% to $3.7 million in 2025, then tumbled by 168.82% to -$2.6 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were -$2.6 million in Q1 2026, $3.7 million in Q4 2025, and $677000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - 125,146.46
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -859,000.00
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 31.86 Mn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 221.50 Mn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 104.00 Mn
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -60.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Xenon Pharmaceuticals 5.72 Bn 5.72 Bn - -2.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.57 Mn
Dec 31, 2025 3.74 Mn
Sep 30, 2025 677,000.00
Jun 30, 2025 -626,000.00
Mar 31, 2025 427,000.00
Dec 31, 2024 -3.85 Mn
Sep 30, 2024 -320,000.00
Jun 30, 2024 -333,000.00
Mar 31, 2024 412,000.00
Dec 31, 2023 -205,000.00
Sep 30, 2023 -157,000.00
Jun 30, 2023 -220,000.00
Mar 31, 2023 290,000.00
Dec 31, 2022 1.18 Mn
Sep 30, 2022 -587,000.00
Jun 30, 2022 -40,000.00
Mar 31, 2022 -394,000.00
Dec 31, 2021 2.52 Mn
Sep 30, 2021 -205,000.00
Jun 30, 2021 -217,000.00