Penumbra
PEN NYSE· Health Care Equipment
Last close · Oct 27, 2026
$324.04
KIRA · Stoqly’s AI analyst, in plain words
- Penumbra had $1.4B of revenue in fiscal 2025, up 17.5% on the year before. Over five years, revenue changed +20.2% a year on average.
- Its operating margin was 13.5%, up 12.7 pts: of every 100 in sales, about 13 is left after running the business.
- Penumbra made $178M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 29.5% a year.
- Free cash flow was $175M in fiscal 2025, 12.5% of revenue.
- Penumbra returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow. The diluted share count rose 0.1%.
- Penumbra has $522M more cash than debt.
Market cap
$12.8B
P/E
79.6x
Revenue
$1.4B
Net income
$178M
Free cash flow
$175M
Operating margin
13.5%
Penumbra in 30 seconds · fiscal 2025
Are sales growing?
+17.5%
Yes. Sales grew 17.5% last year.
Does it make a profit?
12.7%
Yes. It keeps 12.7% of every sale as profit.
Does profit turn into cash?
12.5%
Yes. 12.5% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
How is the share priced?
79.6x
One share costs 79.6 times its yearly profit per share. Typical for its sector: 27.9x.
What Penumbra does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- Penumbra, Inc
- CIK
- 0001321732
Penumbra · PEN
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $748M | $847M | $1.1B | $1.2B | $1.4B |
| Revenue growth | 33.4% | 13.3% | 25.0% | 12.9% | 17.5% |
| Gross margin | 63.6% | 63.2% | 64.5% | 63.2% | 67.1% |
| Operating margin | −1.0% | 0.7% | 7.0% | 0.8% | 13.5% |
| Net income | $5.3M | −$2.0M | $91.0M | $14.0M | $178M |
| Net margin | 0.7% | −0.2% | 8.6% | 1.2% | 12.7% |
| Diluted EPS | $0.14 | −$0.05 | $2.32 | $0.36 | $4.52 |
| Cash | |||||
| Cash from operations | $9.5M | −$55.7M | $97.3M | $169M | $239M |
| Capital expenditure | $21.2M | $19.3M | $15.2M | $21.2M | $63.7M |
| Free cash flow | −$11.7M | −$75.0M | $82.1M | $147M | $175M |
| FCF margin | −1.6% | −8.9% | 7.8% | 12.3% | 12.5% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $100M | $0.0M |
| Share count change | 5.9% | −0.1% | 3.6% | 0.1% | 0.1% |
| Debt and strength | |||||
| Cash and short-term investments | $255M | $188M | $289M | $340M | $545M |
| Debt incl. finance leases | $28.2M | $26.8M | $25.9M | $24.1M | $23.1M |
| Shareholders' equity | $954M | $999M | $1.2B | $1.2B | $1.4B |
| Net debt / EBITDA | −25.5x | −5.3x | −2.6x | −9.6x | −2.5x |
| Current ratio | 5.5x | 5.2x | 6.1x | 6.0x | 6.6x |
| Interest coverage | −3.9x | 3.5x | 42.3x | 6.5x | 144.4x |
| Returns and quality | |||||
| Return on capital | −1.1% | 0.4% | 8.4% | 0.7% | 18.8% |
| Return on equity | 0.7% | −0.2% | 8.4% | 1.2% | 13.8% |
| Piotroski F-score | 6 | 1 | 7 | 3 | 7 |
| Altman Z'' | 6.5 | 5.9 | 7.1 | 6.7 | 8.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$11.1M
5 insiders
Of sales under plans
100%
$11.1M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Penumbra · PEN
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Penumbra PEN | $12.8B | 17.5% | 13.5% | 12.5% | 18.8% | 79.6x | 7 |
| LivaNova LIVN | $4.5B | 10.7% | 14.4% | 12.5% | 12.8% | 23.8x | 5 |
| CONMED CNMD | $1.5B | 5.2% | 7.5% | 11.0% | 3.7% | — | 6 |
| Integra Lifesciences IART | $942M | 1.5% | −30.2% | −1.9% | −22.0% | 70.5x | 5 |
| Integer ITGR | $4.3B | 8.0% | 11.9% | 5.7% | 6.6% | 34.7x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $324.04 a share, the company is worth $12.8B: 79.6 times its earnings of the last four quarters.
Penumbra grew sales faster than 4 of its 4 similar companies. Its P/E is higher than 3 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001321732). Data updated October 16, 2026. For information only — not investment advice. Check the original filings before relying on any figure.