What is Zymeworks's income tax?

Zymeworks (ZYME) reported income tax of -$2.19M in Q1 2026.

How has Zymeworks's income tax changed year-over-year?

Zymeworks's income tax decreased by 541.7% year-over-year, from $496K to -$2.19M.

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

Over 2 years (2022 to 2024), Zymeworks's income tax has grown at a -25.3% compound annual growth rate (CAGR), from $10.89M to $6.08M.

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.

Zymeworks ZYME Income Tax

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Other financials

Income statement

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Revenue$2.4M-91.1%

Operating income-$47.1M-84.0%

Net income-$44.2M-95.1%

EPS (diluted)-$0.59-96.7%

Balance sheet

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Cash & equivalents$244.3M+221%

Total debt$17.0M-7.7%

Total equity$163.6M-49.7%

Total assets$478.2M+12.4%

Cash flow

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Operating cash flow-$45.7M-1,242%

CapEx$216.0K+1,250%

Free cash flow-$45.9M-1,242%

Valuation

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Market cap$1.76B+125%

Enterprise value$1.53B+112%

P/S21.6×+13.2×

Profitability

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Operating margin-140.4%+7.3pp

Net margin-126.3%+5.0pp

FCF margin-94.8%+15.5pp

Returns & leverage

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Return on equity-42%+29.2pp

Debt / equity0.1×0.0×

Current ratio10.8×+6.1×

Where this comes from

Reported directly by Zymeworks in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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

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Questions, answered.

What is Zymeworks's income tax?: Zymeworks (ZYME) reported income tax of -$2.19M in Q1 2026.
How has Zymeworks's income tax changed year-over-year?: Zymeworks's income tax decreased by 541.7% year-over-year, from $496K to -$2.19M.
What is the long-term trend for Zymeworks's income tax?: Over 2 years (2022 to 2024), Zymeworks's income tax has grown at a -25.3% compound annual growth rate (CAGR), from $10.89M to $6.08M.
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.