Penumbra, Inc.

Penumbra, Inc.

PENยทNYSE

$319.37

+0.20%
HealthcareMedical - Devices

Penumbra, Inc. designs, develops, manufactures, and markets medical devices in the United States and internationally. The company offers aspiration based thrombectomy systems and accessory devices, including revascularization device for mechanical thrombectomy, such as Penumbra System under the Penumbra RED, JET, ACE, 3D Revascularization Device, and Penumbra ENGINE brands, as well as components and accessories; neurovascular embolization coiling systems to treat patients with various sizes of aneurysms and other neurovascular lesions under the Penumbra Coil 400, POD400, PAC400, and Penumbra SMART Coil brand names; and neurovascular access systems designed to provide intracranial access for use in a range of neurovascular therapies under the Neuron, Neuron MAX, Select, BENCHMARK, BMX96, DDC, and PX SLIM brands. It also provides neurosurgical aspiration tools for the removal of tissue and fluids under the Artemis Neuro Evacuation Device brand; aspiration-based thrombectomy systems for vascular applications under the Indigo System brand; and detachable embolic coil systems for peripheral embolization under the Ruby Coil and Ruby LP brand names. In addition, the company offers microcatheter for the delivery of detachable coils and occlusion devices under the LANTERN brand; and detachable, microcatheter-deliverable occlusion devices designed primarily to occlude peripheral vessels under the POD (Penumbra Occlusion Device) brand, as well as immersive computer-based technologies and immersive therapeutics to promote health, motor function, and cognition under the Real Immersive System brand; and a complementary device for use with Ruby Coil and POD for vessel occlusion under the Packing Coil and Packing Coil LP brands. The company sells its products through direct sales organizations and distributors. Penumbra, Inc. was incorporated in 2004 and is headquartered in Alameda, California.

At a Glance

Live Snapshot
Market Cap$12.56B
EPS4.5700
P/E Ratio69.88
Earnings Date08/04/2026
3Y+66.0%
5Y+150.0%
10Y+433.0%
3Y-8975.0%
5Y-1232.0%
10Y+1099.0%
3Y-529.0%
5Y-818.0%
10Y-1964.0%
Penumbra, Inc.

Penumbra, Inc. Profit Bridge

PEN ยท NYSE
Revenue1.40B
Cost of Goods Sold (461.23M)
Gross Profit942.44M
Operating Expenses (753.19M)
Operating Income189.25M
Interest Expense (0.00)
Other Income/Expense15.88M
Pretax Income205.12M
Income Tax (27.44M)
Net Income177.69M
Net Income
177.69M

Profitability Analysis

Gross Margin

67.1%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

13.5%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

12.7%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

13.4%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Penumbra, Inc. Income Statement

PEN โ€ข NYSE

Penumbra, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
REVENUE
1.4B
1.2B
1.1B
847.1M
747.6M
560.4M
547.4M
444.9M
333.8M
263.3M
186.1M
125.5M
88.8M
73.1M
GROSS PROFIT
(461.2M)
(439.6M)
(375.9M)
(311.9M)
(272.2M)
(222.2M)
(175.4M)
(152.4M)
(116.6M)
(92.5M)
(62M)
(42.7M)
(31M)
(24.2M)
942.4M
755M
682.6M
535.2M
475.4M
338.2M
372M
292.5M
217.1M
170.8M
124.1M
82.8M
57.9M
49M
OPERATING INCOME
(753.2M)
(745.7M)
(609.1M)
(529.1M)
(482.9M)
(377.1M)
(324.5M)
(293.4M)
(216M)
(172.2M)
(119.9M)
(79.8M)
(59M)
(45.5M)
(663.4M)
(574M)
(506.5M)
(449.7M)
(378.3M)
(287.1M)
(272.7M)
(226.4M)
(184.3M)
(148.3M)
(101.9M)
(64.3M)
(44.9M)
(33M)
(89.8M)
(94.8M)
(84.4M)
(79.4M)
(104.6M)
(90M)
(51.7M)
(36.2M)
(31.7M)
(23.9M)
(18M)
(15.6M)
(14.1M)
(12.5M)
189.2M
9.3M
73.6M
6.1M
-7.5M
-38.9M
47.5M
-852K
1.2M
-1.4M
4.2M
3M
-1.1M
3.4M
PRE-TAX INCOME
(0.0)
(1.4M)
(1.7M)
(1.7M)
(1.9M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
12.3M
5.1M
137K
938K
1.3M
2.9M
3M
2.7M
2.3M
541K
439K
345K
244K
(0.0)
(76.9M)
(18.2M)
(0.0)
(0.0)
(0.0)
(0.0)
(30.8M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
15.9M
11.6M
6.1M
-2.2M
-3M
924K
2.6M
2.5M
1.3M
481K
-155K
130K
-129K
464K
205.1M
20.9M
79.7M
3.9M
-10.5M
-38M
50.1M
1.6M
2.5M
-869K
4M
3.1M
-1.3M
3.9M
NET INCOME
(27.4M)
(6.9M)
-11.3M
(5.9M)
-13.1M
-18.8M
(3.1M)
-4.4M
-3.6M
-15.7M
(1.7M)
(894K)
-5.4M
(1.9M)
177.7M
14M
91M
-2M
5.3M
-15.7M
48.5M
6.6M
4.7M
14.8M
2.4M
2.2M
4.1M
2M

SEC Filings

PEN - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 07, 2026
May 06, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 29, 2026
June 18, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
8-K

8-K 2026

N/A

January 15, 2026
January 14, 2026
2026
8-K

8-K 2025

N/A

November 05, 2025
November 05, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

August 27, 2025
August 22, 2025
2025
Showing 1 to 10 of 149 filings