Penumbra (PEN) Cost of Revenue (2014 - 2026)

Penumbra (PEN) reported Cost of Revenue of $121.3 million for Q1 2026, up 12.09% year-over-year from $108.3 million in Q1 2025, and down 1.55% quarter-over-quarter from $123.3 million in Q4 2025.

Penumbra (PEN) Cost of Revenue (2014 - 2026) Analysis & Trends

Penumbra (PEN) has 13 years of Cost of Revenue data on file, last reported at $121.3 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $121.3 million, up 12.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $474.3 million (up 5.32% YoY), and the FY2025 annual result was $461.2 million, up 4.92% from the prior year.
  • Cost of Revenue declined to $121.3 million in Q1 2026 per PEN's latest filing, from $123.3 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $136.6 million in Q2 2024 and troughed at $74.3 million in Q2 2022.
  • A 5-year average of $100.6 million and a median of $97.7 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue jumped 44.31% in 2024, then retreated 15.47% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $82.8 million in 2022, then advanced by 18.0% to $97.7 million in 2023, then advanced by 7.28% to $104.8 million in 2024, then grew by 17.62% to $123.3 million in 2025, then dropped by 1.55% to $121.3 million in 2026.
  • Business Quant data shows PEN's Cost of Revenue at $121.3 million in Q1 2026, $123.3 million in Q4 2025, and $114.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Abbott Laboratories 152.92 Bn 146.27 Bn 6.27 Bn 4.89 Bn
2 Stryker 119.50 Bn 116.62 Bn 3.81 Bn 2.21 Bn
3 Medtronic 102.71 Bn 94.54 Bn 5.76 Bn 3.26 Bn
4 Boston Scientific 69.72 Bn 68.51 Bn 3.61 Bn 1.59 Bn
5 Edwards Lifesciences 49.24 Bn 45.57 Bn 1.29 Bn 362.60 Mn
6 GE HealthCare Technologies 29.74 Bn 27.67 Bn 1.98 Bn 481.00 Mn
7 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 2.51 Bn
8 Dexcom 28.96 Bn 27.84 Bn 750.30 Mn 441.60 Mn
9 Steris 20.31 Bn 19.88 Bn 697.10 Mn 891.20 Mn
10 Penumbra 12.51 Bn 11.90 Bn 253.41 Mn 121.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 121.35 Mn
Mar 31, 2026 121.35 Mn
Dec 31, 2025 123.26 Mn
Dec 31, 2025 123.26 Mn
Sep 30, 2025 114.27 Mn
Sep 30, 2025 114.27 Mn
Jun 30, 2025 115.45 Mn
Jun 30, 2025 115.45 Mn
Mar 31, 2025 108.26 Mn
Mar 31, 2025 108.26 Mn
Dec 31, 2024 104.80 Mn
Dec 31, 2024 104.80 Mn
Sep 30, 2024 100.73 Mn
Sep 30, 2024 100.73 Mn
Jun 30, 2024 136.57 Mn
Jun 30, 2024 136.57 Mn
Mar 31, 2024 97.52 Mn
Mar 31, 2024 97.52 Mn
Dec 31, 2023 97.69 Mn
Dec 31, 2023 97.69 Mn