Penguin Solutions (PENG) Tax Rate (2016 - 2026)
Penguin Solutions' (PENG) quarterly Tax Rate came in at 13.99% in 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.
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Analysis
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.
- On a quarterly basis, Tax Rate fell 5379.0% year-over-year to 13.99% in Q2 2026; TTM through May 2026 was 18.19%, a 10688.0% decrease from a year earlier, with the FY2025 full-year figure at 41.03%, up 7510.0% from the prior year.
- Tax Rate was 13.99% for Q2 2026 at Penguin Solutions, down from 27.21% in the prior quarter.
- Over five years, Tax Rate peaked at 732.53% in Q3 2023 and troughed at 59.86% in Q2 2023.
- A 5-year average of 54.08% and a median of 15.69% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 72328 bps in 2023 and plunged 76784 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 146.75% in 2022, then sank by 131 bps to 46.03% in 2023, then jumped 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.
- The last three Tax Rate figures came in at 13.99% (Q2 2026), 27.21% (Q1 2026), and 22.96% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 19.45% |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 19.37% |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 12.05% |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 14.02% |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 1.60% |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 12.60% |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 22.52% |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | -2.75% |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 19.74% |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 13.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 29, 2026 | 13.99% |
| Feb 27, 2026 | 27.21% |
| Nov 28, 2025 | 22.96% |
| Aug 29, 2025 | -12.79% |
| May 30, 2025 | 67.78% |
| Feb 28, 2025 | 46.28% |
| Nov 29, 2024 | 51.61% |
| Aug 30, 2024 | -35.31% |
| May 31, 2024 | -26.98% |
| Mar 1, 2024 | -20.33% |
| Dec 1, 2023 | -46.03% |
| Aug 25, 2023 | 732.53% |
| May 26, 2023 | -59.86% |
| Feb 24, 2023 | -32.84% |
| Nov 25, 2022 | 146.75% |
| Aug 26, 2022 | 9.25% |
| May 27, 2022 | 17.38% |
| Feb 25, 2022 | 71.85% |
| Nov 26, 2021 | 27.26% |
| Aug 27, 2021 | -2.87% |