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Side-by-side financial comparison of ANGIODYNAMICS INC (ANGO) and Penumbra Inc (PEN). Click either name above to swap in a different company.

Penumbra Inc is the larger business by last-quarter revenue ($385.4M vs $79.4M, roughly 4.9× ANGIODYNAMICS INC). Penumbra Inc runs the higher net margin — 12.3% vs -8.0%, a 20.3% gap on every dollar of revenue. On growth, Penumbra Inc posted the faster year-over-year revenue change (22.1% vs 9.0%). Penumbra Inc produced more free cash flow last quarter ($68.0M vs $4.2M). Over the past eight quarters, Penumbra Inc's revenue compounded faster (17.6% CAGR vs 2.8%).

AngioDynamics Inc is a global medical technology firm that designs, manufactures and sells a portfolio of minimally invasive medical devices. Its core offerings cover vascular access, surgical ablation, and oncology care solutions, serving hospitals, outpatient surgery centers and other healthcare providers across North America, Europe and Asia Pacific.

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.

ANGO vs PEN — Head-to-Head

Bigger by revenue
PEN
PEN
4.9× larger
PEN
$385.4M
$79.4M
ANGO
Growing faster (revenue YoY)
PEN
PEN
+13.1% gap
PEN
22.1%
9.0%
ANGO
Higher net margin
PEN
PEN
20.3% more per $
PEN
12.3%
-8.0%
ANGO
More free cash flow
PEN
PEN
$63.8M more FCF
PEN
$68.0M
$4.2M
ANGO
Faster 2-yr revenue CAGR
PEN
PEN
Annualised
PEN
17.6%
2.8%
ANGO

Income Statement — Q2 2026 vs Q4 2025

Metric
ANGO
ANGO
PEN
PEN
Revenue
$79.4M
$385.4M
Net Profit
$-6.3M
$47.3M
Gross Margin
56.4%
68.0%
Operating Margin
-7.7%
15.4%
Net Margin
-8.0%
12.3%
Revenue YoY
9.0%
22.1%
Net Profit YoY
40.9%
40.6%
EPS (diluted)
$-0.15
$1.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ANGO
ANGO
PEN
PEN
Q4 25
$79.4M
$385.4M
Q3 25
$75.7M
$354.7M
Q2 25
$80.2M
$339.5M
Q1 25
$72.0M
$324.1M
Q4 24
$72.8M
$315.5M
Q3 24
$67.5M
$301.0M
Q2 24
$71.0M
$299.4M
Q1 24
$75.2M
$278.7M
Net Profit
ANGO
ANGO
PEN
PEN
Q4 25
$-6.3M
$47.3M
Q3 25
$-10.9M
$45.9M
Q2 25
$-6.0M
$45.3M
Q1 25
$-4.4M
$39.2M
Q4 24
$-10.7M
$33.7M
Q3 24
$-12.8M
$29.5M
Q2 24
$-13.4M
$-60.2M
Q1 24
$-187.7M
$11.0M
Gross Margin
ANGO
ANGO
PEN
PEN
Q4 25
56.4%
68.0%
Q3 25
55.3%
67.8%
Q2 25
52.7%
66.0%
Q1 25
54.0%
66.6%
Q4 24
54.8%
66.8%
Q3 24
54.4%
66.5%
Q2 24
54.3%
54.4%
Q1 24
47.7%
65.0%
Operating Margin
ANGO
ANGO
PEN
PEN
Q4 25
-7.7%
15.4%
Q3 25
-14.1%
13.8%
Q2 25
-7.2%
12.0%
Q1 25
-13.9%
12.4%
Q4 24
-15.2%
13.6%
Q3 24
-19.4%
11.7%
Q2 24
-20.4%
-27.0%
Q1 24
-265.9%
4.3%
Net Margin
ANGO
ANGO
PEN
PEN
Q4 25
-8.0%
12.3%
Q3 25
-14.4%
12.9%
Q2 25
-7.5%
13.3%
Q1 25
-6.1%
12.1%
Q4 24
-14.7%
10.7%
Q3 24
-19.0%
9.8%
Q2 24
-18.9%
-20.1%
Q1 24
-249.7%
3.9%
EPS (diluted)
ANGO
ANGO
PEN
PEN
Q4 25
$-0.15
$1.20
Q3 25
$-0.26
$1.17
Q2 25
$-0.15
$1.15
Q1 25
$-0.11
$1.00
Q4 24
$-0.26
$0.88
Q3 24
$-0.31
$0.75
Q2 24
$-0.35
$-1.55
Q1 24
$-4.67
$0.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ANGO
ANGO
PEN
PEN
Cash + ST InvestmentsLiquidity on hand
$41.6M
$186.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$176.3M
$1.4B
Total Assets
$269.7M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANGO
ANGO
PEN
PEN
Q4 25
$41.6M
$186.9M
Q3 25
$38.8M
$321.0M
Q2 25
$55.9M
$421.8M
Q1 25
$44.8M
$376.1M
Q4 24
$54.1M
$324.4M
Q3 24
$55.0M
$280.5M
Q2 24
$76.1M
$288.3M
Q1 24
$78.5M
$223.1M
Total Debt
ANGO
ANGO
PEN
PEN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$0
Q1 24
Stockholders' Equity
ANGO
ANGO
PEN
PEN
Q4 25
$176.3M
$1.4B
Q3 25
$178.9M
$1.4B
Q2 25
$183.0M
$1.3B
Q1 25
$185.9M
$1.2B
Q4 24
$186.8M
$1.2B
Q3 24
$196.6M
$1.1B
Q2 24
$205.6M
$1.2B
Q1 24
$218.7M
$1.2B
Total Assets
ANGO
ANGO
PEN
PEN
Q4 25
$269.7M
$1.8B
Q3 25
$265.6M
$1.7B
Q2 25
$280.1M
$1.7B
Q1 25
$285.4M
$1.6B
Q4 24
$291.6M
$1.5B
Q3 24
$293.6M
$1.5B
Q2 24
$317.7M
$1.5B
Q1 24
$324.8M
$1.6B
Debt / Equity
ANGO
ANGO
PEN
PEN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.00×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ANGO
ANGO
PEN
PEN
Operating Cash FlowLast quarter
$4.7M
$86.5M
Free Cash FlowOCF − Capex
$4.2M
$68.0M
FCF MarginFCF / Revenue
5.3%
17.7%
Capex IntensityCapex / Revenue
0.5%
4.8%
Cash ConversionOCF / Net Profit
1.83×
TTM Free Cash FlowTrailing 4 quarters
$-9.3M
$174.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANGO
ANGO
PEN
PEN
Q4 25
$4.7M
$86.5M
Q3 25
$-15.9M
$58.3M
Q2 25
$18.8M
$44.9M
Q1 25
$-13.2M
$49.0M
Q4 24
$2.5M
$51.1M
Q3 24
$-18.3M
$56.5M
Q2 24
$5.0M
$22.6M
Q1 24
$-12.5M
$38.3M
Free Cash Flow
ANGO
ANGO
PEN
PEN
Q4 25
$4.2M
$68.0M
Q3 25
$-16.6M
$42.0M
Q2 25
$18.0M
$29.4M
Q1 25
$-15.0M
$35.5M
Q4 24
$1.7M
$45.7M
Q3 24
$-19.3M
$51.0M
Q2 24
$4.4M
$18.1M
Q1 24
$-13.1M
$32.5M
FCF Margin
ANGO
ANGO
PEN
PEN
Q4 25
5.3%
17.7%
Q3 25
-22.0%
11.8%
Q2 25
22.5%
8.7%
Q1 25
-20.8%
11.0%
Q4 24
2.3%
14.5%
Q3 24
-28.7%
16.9%
Q2 24
6.2%
6.0%
Q1 24
-17.5%
11.7%
Capex Intensity
ANGO
ANGO
PEN
PEN
Q4 25
0.5%
4.8%
Q3 25
1.0%
4.6%
Q2 25
1.0%
4.6%
Q1 25
2.5%
4.2%
Q4 24
1.1%
1.7%
Q3 24
1.6%
1.8%
Q2 24
0.8%
1.5%
Q1 24
0.8%
2.1%
Cash Conversion
ANGO
ANGO
PEN
PEN
Q4 25
1.83×
Q3 25
1.27×
Q2 25
0.99×
Q1 25
1.25×
Q4 24
1.52×
Q3 24
1.91×
Q2 24
Q1 24
3.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ANGO
ANGO

Med Device$37.2M47%
Med Tech$30.4M38%
Other$11.8M15%

PEN
PEN

Segment breakdown not available.

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