Penguin Solutions (PENG) Tax Rate (2016 - 2026)
Penguin Solutions (PENG) posted quarterly Tax Rate of 13.99% for Q2 2026, down 5379.0% year-over-year from 0.27% in Q2 2025, and down 48.57% quarter-over-quarter from 27.21% in Q1 2026.
Penguin Solutions (PENG) Tax Rate (2016 - 2026) Analysis & Trends
Penguin Solutions (PENG) has reported Tax Rate for 11 consecutive years, with 13.99% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 5379.0% year-over-year to 13.99%; the TTM figure through May 2026 stood at 18.19% (down 10688.0% YoY), while the FY2025 annual figure was 41.03%, up 7510.0% from the prior year.
- Tax Rate eased to 13.99% in Q2 2026 per PENG's latest filing, from 27.21% in the prior quarter.
- Across five years, Tax Rate topped out at 732.53% in Q3 2023 and bottomed at 59.86% in Q2 2023.
- Historically, Tax Rate has averaged 54.08% across 5 years, with a median of 15.69% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate surged 72328 bps — and 2024, when it tumbled 76784 bps.
- Penguin Solutions' Tax Rate stood at 146.75% in 2022, then sank by 131 bps to 46.03% in 2023, then soared by 212 bps to 51.61% in 2024, then sank by 56 bps to 22.96% in 2025, then plunged by 39 bps to 13.99% in 2026.
- Business Quant data shows PENG's Tax Rate at 13.99% in Q2 2026, 27.21% in Q1 2026, and 22.96% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 221.93 Bn | 210.57 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 113.12 Bn | 102.95 Bn | 6.13 Bn | 24.19% |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 29.49% |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 26.62% |
| 5 | Cognizant Technology Solutions | 28.85 Bn | 27.80 Bn | 1.83 Bn | 26.40% |
| 6 | Fidelity National Information Services | 21.39 Bn | 20.65 Bn | 1.17 Bn | 21.36% |
| 7 | Broadridge Financial Solutions | 21.22 Bn | 20.82 Bn | 853.00 Mn | 23.74% |
| 8 | Wipro | 19.72 Bn | 18.65 Bn | 738.00 Mn | -22.49% |
| 9 | Leidos Holdings | 17.86 Bn | 17.11 Bn | 817.00 Mn | 21.06% |
| 10 | Penguin Solutions | 2.67 Bn | 2.23 Bn | 133.21 Mn | 13.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 29, 2026 | 13.99% |
| May 29, 2026 | 13.99% |
| May 29, 2026 | 13.99% |
| Feb 27, 2026 | 27.21% |
| Feb 27, 2026 | 27.21% |
| Feb 27, 2026 | 27.21% |
| Nov 28, 2025 | 22.96% |
| Nov 28, 2025 | 22.96% |
| Nov 28, 2025 | 22.96% |
| Aug 29, 2025 | -12.79% |
| Aug 29, 2025 | -12.79% |
| Aug 29, 2025 | -12.79% |
| May 30, 2025 | 67.78% |
| May 30, 2025 | 67.78% |
| May 30, 2025 | 67.78% |
| Feb 28, 2025 | 46.28% |
| Feb 28, 2025 | 46.28% |
| Feb 28, 2025 | 46.28% |
| Nov 29, 2024 | 51.61% |
| Nov 29, 2024 | 51.61% |