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

Xenon Pharmaceuticals (XENE) reported Tax Provisions of -$2.6 million for Q1 2026, down 702.11% year-over-year from $427000.0 in Q1 2025, and down 168.82% quarter-over-quarter 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.

  • Tax Provisions for Q1 2026 came in at -$2.6 million, down 702.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 million (up 129.85% YoY), and the FY2025 annual result was $4.2 million, up 203.06% from the prior year.
  • Tax Provisions slipped to -$2.6 million in Q1 2026 per XENE's latest filing, from $3.7 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $3.7 million in Q4 2025 and troughed at -$3.8 million in Q4 2024.
  • A 5-year average of -$154117.6 and a median of -$205000.0 in 2023 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2024 and 2025: Tax Provisions sank 1777.07% in 2024, then surged 311.56% in 2025.
  • A 5-year view of Tax Provisions shows it stood at $1.1 million in 2022, then plunged by 118.0% to -$205000.0 in 2023, then slumped by 1777.07% to -$3.8 million in 2024, then jumped by 197.09% to $3.7 million in 2025, then slumped by 168.82% to -$2.6 million in 2026.
  • Business Quant data shows XENE's Tax Provisions at -$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 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 -11.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 216,000.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -859,000.00
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 221.50 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Xenon Pharmaceuticals 4.61 Bn 4.61 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 1.14 Mn
Sep 30, 2022 -587,000.00
Jun 30, 2022 -40,000.00
Mar 31, 2022 -394,000.00
Dec 31, 2021 484,000.00
Sep 30, 2021 -205,000.00
Jun 30, 2021 -217,000.00