Zymeworks (ZYME) Tax Rate (2021 - 2026)
Zymeworks (ZYME) posted Tax Rate of 4.73% for Q1 2026, up 626.15% sequentially from 0.65% in Q4 2025, and up 697.0% YoY from 0.59% in Q1 2025.
Analysis
Zymeworks (ZYME) Tax Rate (2021 - 2026) Analysis & Trends
Zymeworks has reported Tax Rate for 6 years, with the latest figure at 4.73% in Q1 2026.
- Quarterly Tax Rate rose 697.0% year-over-year to 4.73% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.26% (up 733.0% YoY) and the FY2025 annual result came in at 1.73%, up 349.0% from the prior year.
- Tax Rate rose to 4.73% in Q1 2026 per ZYME's latest filing, from 0.65% in the prior quarter.
- Over five years, Tax Rate peaked at 24.59% in Q4 2023 and troughed at 32.12% in Q4 2024.
- A 5-year average of 1.85% and a median of 0.24% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 5671 bps in 2024, then jumped 3277 bps in 2025.
- Over 5 years, Tax Rate stood at 3.43% in 2022, then surged by 616 bps to 24.59% in 2023, then plunged by 231 bps to 32.12% in 2024, then soared by 102 bps to 0.65% in 2025, then soared by 626 bps to 4.73% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 4.73%, 0.65%, and 7.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.62 Bn | 131.77 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.73 Bn | 77.73 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 63.53 Bn | 58.35 Bn | 1.37 Bn | -10.89% |
| 4 | Moderna | 58.23 Bn | 53.09 Bn | 52.00 Mn | -1.96% |
| 5 | Revolution Medicines | 44.05 Bn | 44.05 Bn | - | - |
| 6 | BeOne Medicines | 40.03 Bn | 34.93 Bn | 1.53 Bn | 24.15% |
| 7 | Alnylam Pharmaceuticals | 35.50 Bn | 32.19 Bn | 992.69 Mn | 7.49% |
| 8 | Royalty Pharma | 28.52 Bn | 27.68 Bn | - | - |
| 9 | Insmed | 27.46 Bn | 26.30 Bn | 358.27 Mn | -16.71% |
| 10 | Zymeworks | 2.14 Bn | 1.87 Bn | - | 0.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60% |
| Mar 31, 2026 | 4.73% |
| Dec 31, 2025 | 0.65% |
| Sep 30, 2025 | -7.31% |
| Jun 30, 2025 | -8.73% |
| Mar 31, 2025 | -2.24% |
| Dec 31, 2024 | -32.12% |
| Sep 30, 2024 | -0.76% |
| Jun 30, 2024 | -0.18% |
| Mar 31, 2024 | -0.24% |
| Dec 31, 2023 | 24.59% |
| Sep 30, 2023 | -4.03% |
| Jun 30, 2023 | -3.34% |
| Mar 31, 2023 | -6.05% |
| Dec 31, 2022 | 3.43% |
| Sep 30, 2022 | 0.06% |
| Jun 30, 2022 | 0.01% |
| Mar 31, 2022 | 0.10% |
| Dec 31, 2021 | 3.38% |
| Sep 30, 2021 | -1.28% |