Zymeworks (ZYME) Tax Rate (2021 - 2026)
Zymeworks' (ZYME) quarterly Tax Rate came in at 4.73% in Q1 2026, up 697.0% year-on-year from 0.59% in Q1 2025, and up 626.15% quarter-over-quarter from 0.65% in Q4 2025.
Zymeworks (ZYME) Tax Rate (2021 - 2026) Analysis & Trends
Zymeworks has disclosed Tax Rate across 6 years of filings, most recently posting 4.73% for Q1 2026.
- Tax Rate for Q1 2026 came in at 4.73%, up 697.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.26% (up 733.0% YoY), and the FY2025 annual result was 1.73%, up 349.0% from the prior year.
- Tax Rate came in at 4.73% for Q1 2026 at Zymeworks, up from 0.65% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.59% in Q4 2023 to a low of 32.12% in Q4 2024.
- The 5-year median for Tax Rate is 0.24% (2024), against an average of 1.85%.
- Across the five-year window, Tax Rate plunged 5671 bps in 2024 and surged 3277 bps in 2025, its largest moves.
- Zymeworks' Tax Rate stood at 3.43% in 2022, then soared by 616 bps to 24.59% in 2023, then plunged by 231 bps to 32.12% in 2024, then jumped by 102 bps to 0.65% in 2025, then jumped by 626 bps to 4.73% in 2026.
- The last three Tax Rate figures came in at 4.73% (Q1 2026), 0.65% (Q4 2025), and 7.31% (Q3 2025), 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 | Zymeworks | 1.73 Bn | 1.36 Bn | - | 4.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.73% |
| Mar 31, 2026 | 4.73% |
| Dec 31, 2025 | 0.65% |
| Dec 31, 2025 | 0.65% |
| Sep 30, 2025 | -7.31% |
| Sep 30, 2025 | -7.31% |
| Jun 30, 2025 | -8.73% |
| Jun 30, 2025 | -8.73% |
| Mar 31, 2025 | -2.24% |
| Mar 31, 2025 | -2.24% |
| Dec 31, 2024 | -32.12% |
| Dec 31, 2024 | -32.12% |
| Sep 30, 2024 | -0.76% |
| Sep 30, 2024 | -0.76% |
| Jun 30, 2024 | -0.18% |
| Jun 30, 2024 | -0.18% |
| Mar 31, 2024 | -0.24% |
| Mar 31, 2024 | -0.24% |
| Dec 31, 2023 | 24.59% |
| Dec 31, 2023 | 24.59% |