Tax

State & Local Tax (Current)

Insmed State & Local Tax (Current) remained flat by 0.0% to $144.25K in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 62.1%, from $89.00K to $144.25K. Over 4 years (FY 2021 to FY 2025), State & Local Tax (Current) shows an upward trend with a 53.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

Increases may reflect expansion into higher-tax jurisdictions or changes in regional tax legislation.

Detailed definition

The portion of the total income tax provision that is currently payable to state and local government jurisdictions. Thi...

Peer comparison

Standard tax disclosure for companies with significant domestic regional footprints.

Metric ID: msft_current_state_and_local_tax_expense

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$104.00K$269.00K$378.00K$356.00K$577.00K
YoY Change+158.7%+40.5%-5.8%+62.1%
Range$104.00K$577.00K
CAGR+53.5%
Avg YoY Growth+63.9%
Median YoY Growth+51.3%

State & Local Tax (Current) at Other Companies

Frequently Asked Questions

What is Insmed's state & local tax (current)?
Insmed (INSM) reported state & local tax (current) of $144.25K in Q4 2025.
How has Insmed's state & local tax (current) changed year-over-year?
Insmed's state & local tax (current) increased by 62.1% year-over-year, from $89.00K to $144.25K.
What is the long-term trend for Insmed's state & local tax (current)?
Over 4 years (2021 to 2025), Insmed's state & local tax (current) has grown at a 53.5% compound annual growth rate (CAGR), from $104.00K to $577.00K.
What does state & local tax (current) mean?
The amount of state and local income tax currently owed for the period.