What is PTC Therapeutics's income tax?

PTC Therapeutics (PTCT) reported income tax of $347K in Q1 2026.

How has PTC Therapeutics's income tax changed year-over-year?

PTC Therapeutics's income tax decreased by 99.5% year-over-year, from $63.27M to $347K.

What is the long-term trend for PTC Therapeutics's income tax?

Over 2 years (2021 to 2023), PTC Therapeutics's income tax has grown at a 253.6% compound annual growth rate (CAGR), from $5.56M to -$69.51M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

PTC Therapeutics PTCT Income Tax

Income Tax at other companies

BioMarin PharmaceuticalsBMRN

$35.68M-31.9%

Arrowhead ResearchARWR

$7K-99.6%

United TherapeuticsUTHR

$43.4M-57.2%

BiogenBIIB

$58.2M-17.7%

ALN

Alnylam PharmaceuticalsALNY

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Protagonist TherapeuticsPTGX

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Segments

By segment

See full

Life Science$347K-99.5%

Other financials

Income statement

See full

Revenue$272.6M-76.8%

Operating income$45.0M-95.4%

Net income-$2.8M-100%

EPS (diluted)-$0.03-100%

Balance sheet

See full

Cash & equivalents$834.0M-43.7%

Total debt$395.1M+0.1%

Total equity-$180.5M+2.9%

Total assets$2.9B+8.0%

Cash flow

See full

Operating cash flow-$59.0M-107%

CapEx$1.2M-30.6%

Free cash flow-$60.2M-107%

Valuation

See full

Market cap$6.55B+40.3%

Enterprise value$6.11B+77.3%

P/E8×—

P/S7.9×+5.3×

Profitability

See full

Gross margin96%—

Operating margin1.6%-38.7pp

Net margin42.3%+27.4pp

FCF margin39.1%+32.8pp

Returns & leverage

See full

Return on equity-216.7%—

Debt / equity372.3×—

Current ratio2.4×-1.5×

Where this comes from

Reported directly by PTC Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: PTC Therapeutics’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PTC Therapeutics's income tax?: PTC Therapeutics (PTCT) reported income tax of $347K in Q1 2026.
How has PTC Therapeutics's income tax changed year-over-year?: PTC Therapeutics's income tax decreased by 99.5% year-over-year, from $63.27M to $347K.
What is the long-term trend for PTC Therapeutics's income tax?: Over 2 years (2021 to 2023), PTC Therapeutics's income tax has grown at a 253.6% compound annual growth rate (CAGR), from $5.56M to -$69.51M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.