Penumbra IncPENEarnings & Financial Report
Penumbra, Inc. is an American medical device company headquartered in Alameda, California. The company was founded by Arani Bose and Adam Elsesser in 2004. It manufactures devices for interventional therapies to treat vascular conditions such as stroke and aneurysm.
PEN Q4 FY2025 Key Financial Metrics
Revenue
$385.4M
Gross Profit
$262.1M
Operating Profit
$59.2M
Net Profit
$47.3M
Gross Margin
68.0%
Operating Margin
15.4%
Net Margin
12.3%
YoY Growth
22.1%
EPS
$1.20
Penumbra Inc Q4 FY2025 Financial Summary
Penumbra Inc reported revenue of $385.4M (up 22.1% YoY) for Q4 FY2025, with a net profit of $47.3M (up 40.6% YoY) (12.3% margin). Cost of goods sold was $123.3M, operating expenses totaled $202.9M.
Key Financial Metrics
| Total Revenue | $385.4M |
|---|---|
| Net Profit | $47.3M |
| Gross Margin | 68.0% |
| Operating Margin | 15.4% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Penumbra Inc Q4 FY2025 revenue of $385.4M breaks down across 2 segments, led by Thrombectomy at $254.7M (66.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Thrombectomy | $254.7M | 66.1% |
| Other | $130.7M | 33.9% |
Penumbra Inc Revenue by Segment — Quarterly Trend
Penumbra Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Thrombectomy and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Thrombectomy | $254.7M | $236.4M | $230.3M | $226.5M |
| Other | $130.7M | — | — | — |
Penumbra Inc Annual Revenue by Year
Penumbra Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.4B).
Penumbra Inc Quarterly Revenue & Net Profit History
Penumbra Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $385.4M | +22.1% | $47.3M | 12.3% |
| Q3 FY2025 | $354.7M | +17.8% | $45.9M | 12.9% |
| Q2 FY2025 | $339.5M | +13.4% | $45.3M | 13.3% |
| Q1 FY2025 | $324.1M | +16.3% | $39.2M | 12.1% |
| Q4 FY2024 | $315.5M | +10.8% | $33.7M | 10.7% |
| Q3 FY2024 | $301.0M | +11.1% | $29.5M | 9.8% |
| Q2 FY2024 | $299.4M | +14.5% | $-60.2M | -20.1% |
| Q1 FY2024 | $278.7M | +15.4% | $11.0M | 3.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $278.7M | $299.4M | $301.0M | $315.5M | $324.1M | $339.5M | $354.7M | $385.4M |
| YoY Growth | 15.4% | 14.5% | 11.1% | 10.8% | 16.3% | 13.4% | 17.8% | 22.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.58B | $1.53B | $1.48B | $1.53B | $1.59B | $1.67B | $1.74B | $1.83B |
| Liabilities | $376.3M | $373.3M | $374.8M | $382.3M | $380.4M | $380.9M | $385.7M | $398.9M |
| Equity | $1.20B | $1.16B | $1.10B | $1.15B | $1.21B | $1.29B | $1.36B | $1.43B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $38.3M | $22.6M | $56.5M | $51.1M | $49.0M | $44.9M | $58.3M | $86.5M |