Penumbra (PEN) Change in Inventory (2014 - 2026)
Penumbra (PEN) posted Change in Inventory of $20.94 million for Q3 2026, up 463.1% from $3.72 million a year earlier and up 293.3% from the prior quarter.
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Analysis
Penumbra (PEN) Change in Inventory (2014 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Change in Inventory at Penumbra was $35.92 million, down 21.1% year-over-year; for FY2025, it came in at $26.48 million, down 59.7% from FY2024.
- Annual Change in Inventory has declined for three consecutive years, with a five-year compound annual growth rate of -14.2% (FY2020 to FY2025).
- In prior years, Penumbra's Change in Inventory was $65.66 million in FY2024 (-3.0%), $67.71 million in FY2023 (-9.3%), $74.63 million in FY2022 (+44.8%) and $51.55 million in FY2021 (-9.5%).
- The Q3 2026 figure stands as the highest quarterly Change in Inventory since Q3 2024.
- On a year-over-year basis, Change in Inventory increased in two of the last eight quarters, with growth averaging 24.8%.
- The strongest year-over-year quarter for Change in Inventory in the past five years was Q3 2022, with growth of 515.3%; the weakest was Q4 2025, with a decline of 96.8%.
- According to Business Quant data, Change in Inventory for the three prior quarters was $5.33 million (Q2 2026), $9.02 million (Q1 2026) and $630,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | - |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 51.00 Mn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 51.00 Mn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 307.40 Mn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 240.00 Mn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 228.00 Mn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 86.00 Mn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 24.60 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 154.00 Mn |
| 10 | Penumbra | 12.67 Bn | 10.17 Bn | 280.30 Mn | 20.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.94 Mn |
| Jun 30, 2026 | 5.33 Mn |
| Mar 31, 2026 | 9.02 Mn |
| Dec 31, 2025 | 630,000.00 |
| Sep 30, 2025 | 3.72 Mn |
| Jun 30, 2025 | 11.37 Mn |
| Mar 31, 2025 | 10.76 Mn |
| Dec 31, 2024 | 19.67 Mn |
| Sep 30, 2024 | 23.04 Mn |
| Jun 30, 2024 | 11.33 Mn |
| Mar 31, 2024 | 11.62 Mn |
| Dec 31, 2023 | 21.24 Mn |
| Sep 30, 2023 | 20.71 Mn |
| Jun 30, 2023 | 15.12 Mn |
| Mar 31, 2023 | 10.64 Mn |
| Dec 31, 2022 | 12.31 Mn |
| Sep 30, 2022 | 26.27 Mn |
| Jun 30, 2022 | 24.29 Mn |
| Mar 31, 2022 | 11.76 Mn |
| Dec 31, 2021 | 5.74 Mn |
API Access
Penumbra Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "PEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();