The Puma Trophy (Spanish: Trofeo Puma) is an international rugby union competition between Argentina and Australia.

The trophy is a bronzed statue of a puma.

Argentina and Australia first played against each other in 1979 and the trophy itself was established in 2000.

The first draw between the two sides since the creation of the Puma Trophy happened in 2020 (15–15).

The next meeting – two weeks later – was also a draw; given the two draws Australia retained the Trophy for another year.