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
DateValue
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%