SpringWorks Therapeutics

SpringWorks Therapeutics Tax Expense

Delisted

The Income Tax Expense of SpringWorks Therapeutics (SWTX) as of Oct 10, 2026 is -22.95 M USD. In the previous year, Income Tax Expense was -3.26 M USD — a change of 604.54% (lower).

Tax Expense

-22.95 MUSD

YoY

604.54%

Last updated:

Income Tax Expense of SpringWorks Therapeutics is 2023 -22.95 M USD. Income Tax Expense of SpringWorks Therapeutics was 2022 -3.26 M USD. It decreases by 604.54% lower compared to the previous year.

The SpringWorks Therapeutics Tax Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Expense
Date
Tax Expense
Jan 1, 2017
-2.00 USD
Jan 1, 2018
678,000.00 USD
Jan 1, 2019
-3.55 M USD
Jan 1, 2020
-1.33 M USD
Jan 1, 2021
-698,000.00 USD
Jan 1, 2022
-3.26 M USD
Jan 1, 2023
-22.95 M USD
The SpringWorks Therapeutics Tax Expense history
YEARTax ExpenseYoY
-22.95 MUSD+604.54%
-3.26 MUSD+366.62%
-698,000.00USD-47.52%
-1.33 MUSD-62.50%
-3.55 MUSD-623.16%
678,000.00USD-33.90 M%
-2.00USD—
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SpringWorks Therapeutics Stock analysis

What does SpringWorks Therapeutics do? SpringWorks Therapeutics Inc is a biopharmaceutical company focused on developing innovative drugs for rare and hard-to-treat diseases. The company was founded by Pfizer Inc. in 2017 and is headquartered in Stamford, Connecticut, USA. Since then, it has become one of the leading companies in the industry and works closely with scientists, doctors, and patients to develop better therapies for rare diseases. The business model of SpringWorks Therapeutics Inc is based on identifying and developing drugs for chronic and severe diseases with currently no satisfactory treatment options. The company places great emphasis on the use of new technologies and scientific knowledge to maximize the effectiveness and safety of its drugs. At the same time, it strives to advance product development as quickly and efficiently as possible in order to offer patients better treatment options as soon as possible. An important part of SpringWorks Therapeutics Inc's business model is partnerships and collaborations with other companies and institutions. The company works closely with other biopharmaceutical and biotechnology companies to accelerate its development plans and maximize the potential of its drugs. It also maintains close relationships with research institutes, such as the National Institutes of Health (NIH), to gain the latest scientific knowledge and translate it into new therapies. SpringWorks Therapeutics Inc specializes in the development of drugs for rare and hard-to-treat diseases. The company focuses on four main areas: oncology, neurology, hematology, and pediatrics. In each of these areas, the company has a number of promising programs and products in development. In the oncology field, SpringWorks Therapeutics Inc focuses on developing therapies for patients with rare and hard-to-treat types of cancer. An important program in this area is the development program for Nirogacestat, a gamma-secretase inhibitor. This program has the potential to provide a new treatment option for patients with T-cell lymphoblastic lymphoma (T-ALL) and Alport syndrome. In the neurology field, SpringWorks Therapeutics Inc develops therapies for patients with rare neurological diseases that currently have no satisfactory treatment options. An important focus in this area is the development program for Mirdametinib, a MEK1/2 inhibitor. This program has the potential to offer a new treatment for patients with neurofibromatosis type 1 (NF1). In the hematology field, SpringWorks Therapeutics Inc focuses on developing therapies for patients with rare hematological diseases such as myelofibrosis, chronic myeloid leukemia (CML), and acute myeloid leukemia (AML). An important focus in this area is the development program for Senexin A, an inhibitor of protein methyltransferases. This program has the potential to provide a new therapy for patients with myelofibrosis. In the pediatrics field, SpringWorks Therapeutics Inc develops therapies for children with rare and severe diseases such as nephrotic syndrome and epilepsy. An important program in this area is the development program for PD-0325901, a MEK1/2 inhibitor. This program has the potential to offer a new treatment for patients with nephrotic syndrome. Overall, SpringWorks Therapeutics Inc has an impressive pipeline of promising development programs that have the potential to improve the lives of patients with rare and hard-to-treat diseases. Through its close collaboration with other companies, research institutes, and patient organizations, the company is able to effectively and efficiently implement its development plans and thus create better treatment options for patients around the world. SpringWorks Therapeutics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SpringWorks Therapeutics stock

Income Tax Expense of SpringWorks Therapeutics is -22.95 M USD in 2023.

Income Tax Expense of SpringWorks Therapeutics changed from -3.26 M USD to -22.95 M USD, representing a 604.54% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Income Tax Expense SpringWorks Therapeutics since 2006 – with annual values, charts, and detailed analysis.

Tax expense represents the total income taxes owed. It reflects the company's tax obligations and effective tax rate.

Income Tax Expense's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Income Tax Expense's SpringWorks Therapeutics historically and in real time.

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