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Zymeworks ZYME Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount

Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount at other companies

AbCellera Biologics Inc. logo
AbCellera Biologics Inc.ABCL
$1.5M-27.0%
BioCryst Pharmaceuticals logo
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$330.75K-25.0%

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:IncomeTaxReconciliationTaxCreditsResearch.

The official record: Zymeworks’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zymeworks's effective income tax rate reconciliation, tax credit, research, amount?
Zymeworks (ZYME) reported effective income tax rate reconciliation, tax credit, research, amount of $775.5K in Q4 2024.
How has Zymeworks's effective income tax rate reconciliation, tax credit, research, amount changed year-over-year?
Zymeworks's effective income tax rate reconciliation, tax credit, research, amount increased by 16.6% year-over-year, from $665.25K to $775.5K.
What does effective income tax rate reconciliation, tax credit, research, amount mean?
This metric quantifies the tax benefits derived from research and development tax credits, which reduce the company's overall income tax liability. For clinical-stage companies, this is a critical indicator of government support for innovation. It highlights the company's ability to leverage R&D spending to improve its net financial position.