Penumbra (PEN) Tax Rate (2014 - 2026)

Penumbra (PEN) reported Tax Rate of 21.83% for Q1 2026, up 1134.0% year-over-year from 1.77% in Q1 2025, and down 14.98% quarter-over-quarter from 25.68% 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.

  • Tax Rate for Q1 2026 came in at 21.83%, up 1134.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.76% (up 8.0% YoY), and the FY2025 annual result was 13.38%, down 1948.0% from the prior year.
  • Tax Rate fell to 21.83% in Q1 2026 per PEN's latest filing, from 25.68% in the prior quarter.
  • Over five years, Tax Rate peaked at 174.83% in Q3 2022 and troughed at 215.94% in Q2 2022.
  • A 5-year average of 15.69% and a median of 22.73% in 2024 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 23460 bps in 2022, then soared 21889 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 45.61% in 2022, then plunged by 192 bps to 42.09% in 2023, then jumped by 157 bps to 24.03% in 2024, then grew by 7 bps to 25.68% in 2025, then dropped by 15 bps to 21.83% in 2026.
  • Business Quant data shows PEN's Tax Rate at 21.83% in Q1 2026, 25.68% in Q4 2025, and 12.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 Penumbra 12.45 Bn 11.84 Bn 253.41 Mn 21.83

Historic Data

Download Data
DateValue
Mar 31, 2026 21.83%
Mar 31, 2026 21.83%
Dec 31, 2025 25.68%
Dec 31, 2025 25.68%
Sep 30, 2025 12.42%
Sep 30, 2025 12.42%
Jun 30, 2025 0.09%
Jun 30, 2025 0.09%
Mar 31, 2025 10.49%
Mar 31, 2025 10.49%
Dec 31, 2024 24.03%
Dec 31, 2024 24.03%
Sep 30, 2024 25.89%
Sep 30, 2024 25.89%
Jun 30, 2024 22.73%
Jun 30, 2024 22.73%
Mar 31, 2024 24.61%
Mar 31, 2024 24.61%
Dec 31, 2023 -42.09%
Dec 31, 2023 -42.09%