Penumbra (PEN) Tax Rate (2014 - 2026)
Penumbra's (PEN) quarterly Tax Rate came in at 21.83% in Q1 2026, up 1126.0% year-on-year from 1.78% in Q1 2025, and down 14.73% on a QoQ basis from 25.6% in Q4 2025.
Penumbra (PEN) Tax Rate (2014 - 2026) Analysis & Trends
Penumbra (PEN) has 13 years of Tax Rate data on file, last reported at 21.83% in Q1 2026.
- On a quarterly basis, Tax Rate rose 1126.0% year-over-year to 21.83% in Q1 2026; TTM through Mar 2026 was 15.7%, a 10.0% decrease from a year earlier, with the FY2025 full-year figure at 13.38%, down 1948.0% from the prior year.
- Tax Rate for Q1 2026 stood at 21.83%, down from 25.6% in the prior quarter.
- Over the last five years, Tax Rate for PEN reached as high as 174.83% in Q3 2022 and fell as low as 215.94% in Q2 2022.
- Historically, Tax Rate has averaged 16.66% across 5 years, with a median of 23.37% in 2024.
- Across the five-year window, Tax Rate sank 23460 bps in 2022 and surged 21901 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 45.61% in 2022, then sank by 192 bps to 42.09% in 2023, then surged by 157 bps to 24.04% in 2024, then grew by 7 bps to 25.6% in 2025, then declined by 15 bps to 21.83% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 21.83% in Q1 2026, 25.6% in Q4 2025, and 12.37% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Penumbra | 12.48 Bn | 11.87 Bn | 253.41 Mn | 21.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.83% |
| Mar 31, 2026 | 21.83% |
| Mar 31, 2026 | 21.83% |
| Dec 31, 2025 | 25.60% |
| Dec 31, 2025 | 25.60% |
| Dec 31, 2025 | 25.60% |
| Sep 30, 2025 | 12.37% |
| Sep 30, 2025 | 12.37% |
| Sep 30, 2025 | 12.37% |
| Mar 31, 2025 | 10.57% |
| Mar 31, 2025 | 10.57% |
| Mar 31, 2025 | 10.57% |
| Dec 31, 2024 | 24.04% |
| Dec 31, 2024 | 24.04% |
| Dec 31, 2024 | 24.04% |
| Sep 30, 2024 | 25.89% |
| Sep 30, 2024 | 25.89% |
| Sep 30, 2024 | 25.89% |
| Jun 30, 2024 | 22.70% |
| Jun 30, 2024 | 22.70% |