Growth Metrics

Zymeworks (ZYME) Tax Rate (2021 - 2026)

Zymeworks recorded quarterly Tax Rate of 4.73% in Q1 2026, up 626.15% quarter-over-quarter from 0.65% in Q4 2025, and up 697.0% year-over-year from 0.59% in Q1 2025.

Zymeworks' Tax Rate history runs 6 years deep, the most recent figure standing at 4.73% for Q1 2026.

  • In Q1 2026, Tax Rate rose 697.0% year-over-year to 4.73%; the TTM figure through Mar 2026 stood at 1.26% (up 733.0% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 1.85% and a median of 0.24% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate tumbled 5671 bps in 2024 and soared 3277 bps in 2025, its largest moves.
  • Zymeworks' Tax Rate stood at 3.43% in 2022, then jumped by 616 bps to 24.59% in 2023, then tumbled by 231 bps to 32.12% in 2024, then surged by 102 bps to 0.65% in 2025, then surged 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn 57.14
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 5.61
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 17.68
7 Evaxion A 62.56 Bn 62.54 Bn - -6.79
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 12.51
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 7.07
10 Zymeworks 1.84 Bn 1.47 Bn - 4.73

Historic Data

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DateValue
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
Sep 30, 2023 -4.03
Sep 30, 2023 -4.03
Jun 30, 2023 -3.34
Jun 30, 2023 -3.34
Mar 31, 2023 -6.05
Mar 31, 2023 -6.05
Dec 31, 2022 3.43
Dec 31, 2022 3.43
Sep 30, 2022 0.06
Sep 30, 2022 0.06
Jun 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.10
Mar 31, 2022 0.10
Dec 31, 2021 3.38
Dec 31, 2021 3.38
Sep 30, 2021 -1.28
Sep 30, 2021 -1.28