Growth Metrics

Penumbra (PEN) Cost of Revenue (2016 - 2025)

Penumbra (PEN) has disclosed Cost of Revenue for 12 consecutive years, with $123.3 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 17.62% to $123.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $461.2 million, a 4.92% increase, with the full-year FY2025 number at $461.2 million, up 4.92% from a year prior.
  • Cost of Revenue was $123.3 million for Q4 2025 at Penumbra, up from $114.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $136.6 million in Q2 2024 to a low of $57.9 million in Q1 2021.
  • A 5-year average of $93.8 million and a median of $94.6 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: skyrocketed 63.2% in 2021, then dropped 15.47% in 2025.
  • Penumbra's Cost of Revenue stood at $70.2 million in 2021, then rose by 17.92% to $82.8 million in 2022, then rose by 18.0% to $97.7 million in 2023, then rose by 7.28% to $104.8 million in 2024, then increased by 17.62% to $123.3 million in 2025.
  • Per Business Quant, the three most recent readings for PEN's Cost of Revenue are $123.3 million (Q4 2025), $114.3 million (Q3 2025), and $115.4 million (Q2 2025).