PTC Therapeutics, Inc. Income Tax Provision

Income Tax Provision of PTCT for past 10 years: annual, quarterly and twelve month trailing (TTM) including Income Tax Provision growth rates and interactive chart. The actual income tax expense for the applicable year.


Highlights and Quick Summary

  • Income Tax Provision for the quarter ending June 29, 2021 was $488 Thousand (a 8.2% increase compared to previous quarter)
  • Year-over-year quarterly Income Tax Provision decreased by -97.81%
  • Annual Income Tax Provision for 2020 was $35.2 Million (a 202.39% increase from previous year)
  • Annual Income Tax Provision for 2019 was $11.7 Million (a -40272.41% decrease from previous year)
  • Annual Income Tax Provision for 2018 was $-29 Thousand (a -102.17% decrease from previous year)
  • Twelve month Income Tax Provision ending June 29, 2021 was $35.9 Million (a 1.14% increase compared to previous quarter)
  • Twelve month trailing Income Tax Provision increased by 7.89% year-over-year
Trailing Income Tax Provision for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
$35.9 Million $35.5 Million $35.2 Million $33.2 Million
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Historical Income Tax Provision of PTC Therapeutics, Inc.

Most recent Income Tax Provisionof PTCT including historical data for past 10 years.

Interactive Chart of Income Tax Provision of PTC Therapeutics, Inc.

PTC Therapeutics, Inc. Income Tax Provision for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $0.49 $0.45
2020 $12.63 $22.29 $0.08 $0.22 $35.23
2019 $10.64 $-0.34 $0.77 $0.58 $11.65
2018 $-0.99 $0.36 $0.39 $0.22 $-0.03
2017 $0.83 $0.19 $0.15 $0.17 $1.34
2016 $0.36 $0.18 $-0.09 $0.11 $0.57
2015 $0.25 $0.09 $0.15 $0.49
2014 $-4.69
2012 $0.0
2011 $-2.31

Business Profile of PTC Therapeutics, Inc.

Sector: Healthcare
Industry: Biotechnology
PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to patients with rare disorders. Its portfolio pipeline includes commercial products and product candidates in various stages of development, including clinical, pre-clinical and research and discovery stages, focuses on the development of treatments for multiple therapeutic areas, including rare diseases and oncology. The company offers Translarna and Emflaza for the treatment of Duchenne muscular dystrophy in the European Economic Area and the United States; commercializes Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean; and markets Evrysdi for the treatment of SMA in adults and children two months and older in Brazil. The company's splicing platform includes PTC518, which is being developed for the treatment of Huntington's disease. PTC Therapeutics, Inc. has collaborations with F. Hoffman-La Roche Ltd and Hoffman-La Roche Inc., as well as the Spinal Muscular Atrophy Foundation to advance drug discovery and development research in regenerative medicine; research collaboration with Massachusetts General Hospital for the treatment of rare genetic disorders resulting from pre-mRNA; and Akcea Therapeutics, Inc. to commercialize Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean. PTC Therapeutics, Inc. was founded in 1998 and is headquartered in South Plainfield, New Jersey.