Evidence from credible sources supports the statement as accurate. Learn more in Methodology.
Budget documents or SEC statement confirm the budget change is 9.4% and show the ~$37.6 million figure as the change amount.
The PCAOB’s official 2026 budget is $362.1 million; that is $37.6 million less than the PCAOB’s 2025 budget (about $399.7 million), a reduction that equals a 9.4% decrease ((37.6 / 399.7) ≈ 9.4%). The SEC press release and the PCAOB’s budget materials state the 2026 total as $362.1M and describe the change as a 9.4% ($37.6M) decrease from the prior year. Verdict: True — official PCAOB and SEC documents confirm the $362.1M 2026 budget and that it represents approximately a $37.6M (9.4%) decrease from 2025.