PEN Penumbra, Inc. Common Stock

NYSE · Health Care · View on SEC EDGAR ↗
$318.57
Price · Jul 2, 2026
Fundamentals as of May 6, 2026

PEN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$318.57
Market Cap
$12.20B
P/E (TTM)
68.8
EPS (TTM)
$4.52
Revenue (TTM)
$1.40B
Div Yield
ROE
13.1%
Debt/Equity
52W Range
$221 – $362

PEN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $1.40B
8-point trend, +215.5%
2018-12-31 2025-12-31
EPS $4.52
8-point trend, +2411.1%
2018-12-31 2025-12-31
Free Cash Flow $175M
8-point trend, +810.9%
2018-12-31 2025-12-31
Margins 12.7%
8-point trend, +2.1%
2018-12-31 2025-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
PEN
Peer Median
P/E (TTM)
5-point trend, -96.6%
68.8
54.5
P/S (TTM)
5-point trend, -39.8%
8.7
4.9
P/B
5-point trend, -24.5%
8.5
8.6
Price / FCF
5-point trend, +107.5%
69.7

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
PEN
Peer Median
Gross Margin
5-point trend, +5.6%
67.1%
66.8%
Operating Margin
5-point trend, +1448.0%
13.5%
Net Profit Margin
5-point trend, +1683.1%
12.7%
9.2%
ROA
5-point trend, +2059.2%
10.6%
5.3%
ROE
5-point trend, +1940.6%
13.1%
9.3%
ROIC
5-point trend, +5640.0%
11.5%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
PEN
Peer Median
Current Ratio
5-point trend, +20.1%
6.6
2.9
Quick Ratio
5-point trend, +31.2%
2.1

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
PEN
Peer Median
Revenue YoY
5-point trend, +87.8%
17.5%
Revenue CAGR 3Y
5-point trend, +87.8%
18.3%
Revenue CAGR 5Y
5-point trend, +87.8%
20.2%
EPS YoY
5-point trend, +3128.6%
1155.6%
Net Income YoY
5-point trend, +3262.7%
1168.1%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
PEN
Peer Median
EPS (Diluted)
5-point trend, +3128.6%
$4.52

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
PEN
Peer Median

PEN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 21 analysts
  • Strong Buy 2 9.5%
  • Buy 5 23.8%
  • Hold 14 66.7%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

14 analysts · 2026-07-03
Median target $374.00 +17.4%
Mean target $364.43 +14.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.00%
Next Report
Jul 27, 2026
Period EPS Actual EPS Est Surprise
March 31, 2026 $0.82 $1.09 -0.27%
Dec. 31, 2025 $1.18 $1.12 0.06%
Sept. 30, 2025 $0.97 $0.93 0.04%
June 30, 2025 $0.86 $0.83 0.03%
March 31, 2025 $0.83 $0.67 0.16%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PEN $12.20B 68.8 17.5% 12.7% 13.1% 67.1%
RMD $37.77B 27.1 9.8% 27.2% 25.0% 59.4%
GEHC 18.0 4.8% 10.1% 22.1% 40.0%
DXCM $25.54B 31.8 15.6% 17.9% 31.4% 60.1%
ZBH $28.66B 25.3 7.2% 8.6% 5.6%
BAX $13.05B -10.2 5.7% -8.5% -14.6% 30.0%
PODD $20.01B 81.7 30.7% 9.1% 16.6% 71.6%
GMED 22.3 16.7% 18.3% 12.1%
GKOS $6.49B -34.4 32.3% -37.0% -26.4% 55.7%
TFX -6.0 17.2% -45.5% -24.6% 56.2%
ABT $250.18B 33.7 5.7% 14.7% 13.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 18
Annual Income Statement data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
Revenue 10-point trend, +433.1% $1.40B $1.19B $1.06B $847M $748M · $560M $547M · $445M $334M $263M
Cost of Revenue 10-point trend, +398.7% $461M $440M $376M $312M $272M · $222M $175M · $152M $117M $92M
Gross Profit 10-point trend, +451.7% $942M $755M $683M $535M $475M · $338M $372M · $293M $217M $171M
R&D Expense 3-point trend, +51.5% · · · · · · · · · $36M $32M $24M
SG&A Expense 10-point trend, +347.3% $663M $574M $506M $450M $378M · $287M $273M · $226M $184M $148M
Operating Expenses 10-point trend, +337.4% $753M $746M $609M $529M $483M · $377M $324M · $293M $216M $172M
Operating Income 10-point trend, +14118.4% $189M $9M $74M $6M $-8M · $-39M $48M · $-852.0K $1M $-1M
Interest Expense 3-point trend, -10.0% · · $2M $2M $2M · · · · · · ·
Interest Income 5-point trend, +467.5% $16M $14M $7M $2M $3M · · · · · · ·
Other Non-op 10-point trend, +148.5% $893.0K $-682.0K $1M $-2M $-4M · $-343.0K $-227.0K · $-504.0K $-1M $-2M
Pretax Income 10-point trend, +23704.7% $205M $21M $80M $4M $-11M · $-38M $50M · $2M $2M $-869.0K
Income Tax 10-point trend, +275.0% $27M $7M $-11M $6M $-13M · $-19M $3M · $-4M $-4M $-16M
Net Income 10-point trend, +1099.5% $178M $14M $91M $-2M $5M · $-16M $48M · $7M $5M $15M
EPS (Basic) 10-point trend, +832.7% $4.57 $0.36 $2.37 $-0.05 $0.14 · $-0.44 $1.39 · $0.19 $0.14 $0.49
EPS (Diluted) 10-point trend, +927.3% $4.52 $0.36 $2.32 $-0.05 $0.14 · $-0.44 $1.34 · $0.18 $0.13 $0.44
Shares (Basic) 10-point trend, +27.7% 38,918,493 38,633,744 38,401,171 37,841,874 36,764,290 · 35,766,892 34,750,706 · 34,138,176 32,978,065 30,464,583
Shares (Diluted) 10-point trend, +17.4% 39,291,828 39,268,037 39,216,564 37,841,874 37,881,180 · 35,766,892 36,265,999 · 36,086,821 35,319,103 33,478,078
EBITDA 10-point trend, +21660.0% $207M $33M $101M $30M $9M · $-26M $56M · $5M $5M $950.0K
Balance Sheet 28
Annual Balance Sheet data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
Cash & Equivalents 11-point trend, +1312.0% $187M $324M $167M $70M $59M $82M $70M $73M · $68M $51M $13M
Short-term Investments 6-point trend, +35.7% · · · · · $157M $195M $117M · $133M $164M $116M
Receivables 11-point trend, +338.5% $190M $168M $202M $203M $134M $137M $115M $106M · $82M $58M $43M
Inventory 11-point trend, +491.1% $432M $407M $388M $334M $264M $255M $220M $153M · $116M $95M $73M
Prepaid Expense 12-point trend, +168.6% $50M $37M $36M $30M $29M $23M $19M $15M $12M $12M $15M $19M
Other Current Assets 2-point trend, -23.3% · · · · · · · · · · $7M $9M
Current Assets 12-point trend, +361.2% $1.22B $951M $915M $756M $681M $653M $618M $463M $410M $411M $382M $264M
PP&E (Net) 11-point trend, +447.1% $117M $63M $73M $65M $59M $51M $48M $52M · $35M $31M $21M
PP&E (Gross) 10-point trend, +581.4% $194M $137M $132M $113M $97M · $78M $73M · $51M $41M $28M
Accum. Depreciation 10-point trend, +991.8% $77M $74M $60M $48M $38M · $30M $21M · $15M $11M $7M
Goodwill 11-point trend, +166750000.00 $167M $166M $166M $166M $166M $8M $8M $8M · $8M $8M $0
Intangibles 11-point trend, +6186000.00 $6M $7M $71M $81M $91M $10M $11M $25M · $27M $24M $0
Other Non-current Assets 11-point trend, +8260.6% $41M $41M $26M $13M $13M $11M $9M $3M · $875.0K $1M $487.0K
Total Assets 12-point trend, +492.5% $1.83B $1.53B $1.56B $1.37B $1.24B $910M $823M $666M $558M $515M $477M $308M
Accounts Payable 11-point trend, +745.2% $35M $31M $27M $27M $13M $14M $14M $15M · $8M $7M $4M
Accrued Liabilities 12-point trend, +317.0% $132M $112M $111M $106M $100M $87M $86M $68M $58M $58M $45M $32M
Current Liabilities 12-point trend, +411.5% $183M $158M $151M $145M $123M $108M $106M $91M $70M $66M $52M $36M
Capital Leases 10-point trend, +182751000.00 $183M $187M $197M $199M $137M $94M $44M $47M $47M $0 · ·
Deferred Tax 4-point trend, +386.0% · · · · · · · $4M · $4M $3M $824.0K
Other Non-current Liabilities 11-point trend, +1394.9% $12M $15M $5M $3M $4M $8M $8M $15M · $19M $18M $824.0K
Total Liabilities 12-point trend, +856.5% $399M $382M $377M $372M $290M $237M $185M $180M $135M $93M $76M $42M
Common Stock 11-point trend, +25.8% $39.0K $38.0K $39.0K $38.0K $37.0K $36.0K $36.0K $35.0K · $34.0K $33.0K $31.0K
Paid-in Capital 11-point trend, +332.9% $1.19B $1.10B $1.05B $963M $911M $617M $598M $431M · $415M $397M $274M
Retained Earnings 11-point trend, +9032.4% $238M $60M $135M $44M $46M $62M $41M $58M · $9M $2M $-3M
AOCI 11-point trend, +192.7% $4M $-6M $-3M $-8M $-3M $329.0K $3M $-2M · $-2M $2M $-5M
Stockholders' Equity 11-point trend, +435.6% $1.43B $1.15B $1.18B $999M $954M $685M $638M $486M · $422M $400M $267M
Liabilities + Equity 12-point trend, +492.5% $1.83B $1.53B $1.56B $1.37B $1.24B $910M $823M $666M $558M $515M $477M $308M
Shares Outstanding 10-point trend, +26.1% 39,229,670 38,490,836 38,681,549 38,107,977 37,578,483 · 36,414,732 35,001,581 · 34,437,339 33,685,146 31,108,828
Cash Flow 17
Annual Cash Flow data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
D&A 10-point trend, +660.6% $17M $24M $27M $24M $16M · $13M $8M · $6M $4M $2M
Stock-based Comp 10-point trend, +304.5% $59M $46M $51M $37M $66M · $26M $21M · $18M $18M $15M
Deferred Tax 10-point trend, +263.0% $21M $-16M $-25M $1M $-15M · $-20M $1M · $-7M $-5M $-13M
Amort. of Intangibles 10-point trend, +712000.00 $712.0K $5M $10M $9M $3M · $1M $1M · $1M $418.0K $0
Restructuring · $5M · · · · · · · · · ·
Other Non-cash 10-point trend, -15.9% $-37M $101M $-46M $-116M $-63M · $-36M $-53M · $4M $-9M $-32M
Operating Cash Flow 10-point trend, +1963.5% $239M $168M $97M $-56M $10M · $-33M $27M · $29M $13M $-13M
CapEx 10-point trend, +367.4% $64M $21M $15M $19M $21M · $25M $22M · $10M $13M $14M
Investing Cash Flow 10-point trend, -58992.3% $-405M $78M $-16M $55M $-22M · $-104M $-13M · $-385.0K $-78M $687.0K
Stock Issued 7-point trend, +0.00 · · · $0 $0 · $135M $0 · $0 $106M $0
Stock Repurchased 4-point trend, +0.00 $0 $100M $0 $0 · · · · · · · ·
Net Stock Activity 8-point trend, -100.0% $0 $-100M · $0 $0 · $135M $0 · $0 $106M ·
Financing Cash Flow 10-point trend, +272.3% $27M $-87M $16M $12M $836.0K · $135M $-9M · $-10M $104M $7M
Net Change in Cash 10-point trend, -2078.8% $-138M $157M $98M $10M $-10M · $-3M $5M · $17M $37M $-6M
Taxes Paid $15M · · · · · · · · · · ·
Free Cash Flow 10-point trend, +761.6% $175M $147M $82M $-75M $-12M · $-58M $5M · $19M $159.0K $-26M
Levered FCF · · $80M · · · · · · · · ·
Profitability 8
Annual Profitability data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
Gross Margin 10-point trend, +3.5% 67.1% 63.2% 64.5% 63.2% 63.6% · 60.3% 68.0% · 65.8% 65.1% 64.9%
Operating Margin 10-point trend, +2743.1% 13.5% 0.78% 7.0% 0.72% -1.0% · -7.0% 8.7% · -0.19% 0.35% -0.51%
Net Margin 10-point trend, +124.9% 12.7% 1.2% 8.6% -0.24% 0.71% · -2.8% 8.8% · 1.5% 1.4% 5.6%
Pretax Margin 10-point trend, +4527.3% 14.6% 1.8% 7.5% 0.46% -1.4% · -6.8% 9.2% · 0.36% 0.74% -0.33%
EBITDA Margin 10-point trend, +3991.7% 14.7% 2.8% 9.5% 3.6% 1.2% · -4.7% 10.2% · 1.2% 1.5% 0.36%
ROA 10-point trend, +119.5% 10.6% 0.91% 6.2% -0.15% 0.49% · -2.1% 7.9% · 1.3% 1.2% 4.8%
ROE 10-point trend, +133.6% 13.1% 1.2% 8.0% -0.20% 0.64% · -2.8% 10.7% · 1.6% 1.4% 5.6%
ROIC 10-point trend, +33.0% 11.5% 0.54% 7.1% -0.31% 0.20% · -3.1% 9.2% · -0.75% 0.72% 8.6%
Liquidity & Solvency 3
Annual Liquidity & Solvency data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
Current Ratio 10-point trend, -9.8% 6.6 6.0 6.1 5.2 5.5 · 5.8 5.1 · 6.2 7.4 7.4
Quick Ratio 10-point trend, -57.2% 2.1 3.1 2.4 1.9 1.6 · 3.6 3.2 · 4.3 5.3 4.8
Interest Coverage · · 42.3 · · · · · · · · ·
Efficiency 3
Annual Efficiency data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
Asset Turnover 10-point trend, -2.5% 0.8 0.8 0.7 0.6 0.7 · 0.8 0.9 · 0.9 0.9 0.9
Inventory Turnover 10-point trend, -22.8% 1.1 1.1 1.0 1.0 1.1 · 1.2 1.3 · 1.4 1.4 1.4
Receivables Turnover 10-point trend, +8.5% 7.8 6.5 5.2 5.0 5.5 · 5.1 5.8 · 6.4 6.6 7.2
Per Share 5
Annual Per Share data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
Book Value / Share 10-point trend, +324.7% $36.39 $29.90 $30.48 $26.21 $25.38 · $17.62 $13.88 · $12.26 $11.89 $8.57
Revenue / Share 10-point trend, +354.2% $35.72 $30.42 $26.99 $22.39 $19.74 · $15.67 $15.09 · $12.33 $9.45 $7.87
Cash Flow / Share 10-point trend, +1688.0% $6.07 $4.29 $2.48 $-1.47 $0.25 · $-0.93 $0.73 · $0.80 $0.36 $-0.38
Cash / Share 10-point trend, +1019.7% $4.76 $8.43 $4.33 $1.83 $1.58 · $1.91 $2.08 · $1.97 $1.50 $0.43
EPS (TTM) 10-point trend, +927.3% $4.52 $0.36 $2.32 $-0.05 $0.14 · $-0.44 $1.34 · $0.18 $0.13 $0.44
Growth Rates 7
Annual Growth Rates data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
Revenue YoY 5-point trend, -47.6% 17.5% 12.9% 24.9% 13.3% 33.4% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -22.4% 18.3% 16.9% 23.6% · · · · · · · · ·
Revenue CAGR 5Y 20.2% · · · · · · · · · · ·
EPS YoY 2-point trend, +1467.9% 1155.6% -84.5% · · · · · · · · · ·
EPS CAGR 3Y · 37.0% · · · · · · · · · ·
Net Income YoY 2-point trend, +1480.9% 1168.1% -84.6% · · · · · · · · · ·
Net Income CAGR 3Y · 38.4% · · · · · · · · · ·
Valuation (TTM) 10
Annual Valuation (TTM) data for PEN
Metric Trend 202520242023202220212021202020192019201820172016
Revenue TTM 10-point trend, +433.1% $1.40B $1.19B $1.06B $847M $748M · $560M $547M · $445M $334M $263M
Net Income TTM 10-point trend, +1099.5% $178M $14M $91M $-2M $5M · $-16M $48M · $7M $5M $15M
Market Cap 10-point trend, +514.5% $12.20B $9.14B $9.73B $8.48B $10.80B · $6.37B $5.75B · $4.21B $3.17B $1.98B
P/E 10-point trend, -52.6% 68.8 659.7 108.4 -4449.2 2052.3 · -397.7 122.6 · 678.9 723.8 145.0
P/S 10-point trend, +15.3% 8.7 7.7 9.2 10.0 14.4 · 11.4 10.5 · 9.5 9.5 7.5
P/B 10-point trend, +14.7% 8.5 7.9 8.3 8.5 11.3 · 9.9 11.8 · 10.0 7.9 7.4
P / Tangible Book 6-point trend, -5.6% 9.7 9.3 10.3 11.3 15.5 · 10.3 · · · · ·
P / Cash Flow 10-point trend, +133.0% 51.1 54.3 100.0 -152.3 1136.3 · -191.7 215.7 · 146.1 249.8 -155.0
P / FCF 10-point trend, +192.9% 69.7 62.1 118.5 -113.1 -924.6 · -109.9 1265.6 · 219.1 19935.7 -75.1
Earnings Yield 10-point trend, +110.1% 1.5% 0.15% 0.92% -0.02% 0.05% · -0.25% 0.82% · 0.15% 0.14% 0.69%

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $1.40B$1.19B$1.06B$847M$748M
Gross Margin % 67.1%63.2%64.5%63.2%63.6%
Operating Margin % 13.5%0.78%7.0%0.72%-1.0%
Net Income $178M$14M$91M$-2M$5M
Diluted EPS $4.52$0.36$2.32$-0.05$0.14
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Current Ratio 6.66.06.15.25.5
Quick Ratio 2.13.12.41.91.6
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $175M$147M$82M$-75M$-12M

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