Penumbra (PEN) Tax Rate (2014 - 2026)
Penumbra (PEN) posted Tax Rate of 24.68% for Q2 2026, up 24.59 percentage points from 0.09% a year earlier and up 2.84 percentage points from the prior quarter.
Penumbra (PEN) Tax Rate (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Penumbra was 21.24%, up 6.45 percentage points year-over-year; for FY2025, it was 13.38%, down 19.48 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -35.97 percentage points (FY2020 to FY2025).
- In prior years, Penumbra's Tax Rate was 32.86% in FY2024 (+47.05 pp), -14.19% in FY2023 (-165.63 pp), 151.44% in FY2022 (+26.46 pp) and 124.98% in FY2021 (+75.63 pp).
- Quarterly Tax Rate has run from a low of -215.94% in Q2 2022 to a high of 174.83% in Q3 2022 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last three quarters, with an average year-over-year change of +6.04 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2023, with a gain of 219.01 percentage points; the weakest was Q4 2021, with a drop of 575.22 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 21.84% (Q1 2026), 25.60% (Q4 2025) and 12.42% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 18.41% |
| 10 | Penumbra | 12.56 Bn | 10.27 Bn | 264.94 Mn | 24.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.68% |
| Mar 31, 2026 | 21.84% |
| Dec 31, 2025 | 25.60% |
| Sep 30, 2025 | 12.42% |
| Jun 30, 2025 | 0.09% |
| Mar 31, 2025 | 10.57% |
| Dec 31, 2024 | 24.04% |
| Sep 30, 2024 | 25.89% |
| Mar 31, 2024 | 24.78% |
| Sep 30, 2023 | 30.82% |
| Jun 30, 2023 | 3.07% |
| Mar 31, 2023 | 1.16% |
| Dec 31, 2022 | 45.61% |
| Sep 30, 2022 | 174.83% |
| Jun 30, 2021 | 18.66% |
| Mar 31, 2021 | 12.36% |
| Dec 31, 2019 | 20.84% |
| Sep 30, 2019 | 15.14% |
| Mar 31, 2019 | 12.22% |
| Dec 31, 2018 | 12.04% |
Penumbra Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();