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| Date | Value |
|---|---|
| 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% |