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
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%