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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 20.98%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 15.11%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 10.91%
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 24.15%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -9.47%
7 Royalty Pharma 33.72 Bn 35.84 Bn - -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 7.49%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -16.71%
10 Zymeworks 1.79 Bn 1.52 Bn - 0.60%

Historic Data

Download Data
DateValue
Jun 30, 2026 0.60%
Jun 30, 2026 0.60%
Jun 30, 2026 0.60%
Mar 31, 2026 4.73%
Mar 31, 2026 4.73%
Mar 31, 2026 4.73%
Dec 31, 2025 0.65%
Dec 31, 2025 0.65%
Dec 31, 2025 0.65%
Sep 30, 2025 -7.31%
Sep 30, 2025 -7.31%
Sep 30, 2025 -7.31%
Jun 30, 2025 -8.73%
Jun 30, 2025 -8.73%
Jun 30, 2025 -8.73%
Mar 31, 2025 -2.24%
Mar 31, 2025 -2.24%
Mar 31, 2025 -2.24%
Dec 31, 2024 -32.12%
Dec 31, 2024 -32.12%