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

Penumbra's (PEN) quarterly Cost of Revenue came in at $121.3 million in Q1 2026, up 12.09% year-on-year from $108.3 million in Q1 2025, and down 1.55% on a QoQ basis 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.

  • On a quarterly basis, Cost of Revenue rose 12.09% year-over-year to $121.3 million in Q1 2026; TTM through Mar 2026 was $474.3 million, a 5.32% increase from a year earlier, with the FY2025 full-year figure at $461.2 million, up 4.92% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $121.3 million, down from $123.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for PEN reached as high as $136.6 million in Q2 2024 and fell as low as $74.3 million in Q2 2022.
  • Historically, Cost of Revenue has averaged $100.6 million across 5 years, with a median of $97.7 million in 2023.
  • Across the five-year window, Cost of Revenue surged 44.31% in 2024 and declined 15.47% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $82.8 million in 2022, then increased by 18.0% to $97.7 million in 2023, then increased by 7.28% to $104.8 million in 2024, then gained by 17.62% to $123.3 million in 2025, then retreated by 1.55% to $121.3 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $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 182.32 Bn 175.02 Bn 6.27 Bn 4.89 Bn
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn 2.21 Bn
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn 3.40 Bn
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn 12.00 Mn
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn 362.60 Mn
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn 441.60 Mn
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn 481.00 Mn
8 Smith & Nephew 26.99 Bn 26.41 Bn - -
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn 2.51 Bn
10 Penumbra 12.55 Bn 11.94 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