Growth Metrics

Penumbra (PEN) Gross Margin (2016 - 2025)

Penumbra (PEN) has disclosed Gross Margin for 12 consecutive years, with 68.02% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 123.0% to 68.02% in Q4 2025 year-over-year; TTM through Dec 2025 was 67.14%, a 394.0% increase, with the full-year FY2025 number at 67.14%, up 394.0% from a year prior.
  • Gross Margin was 68.02% for Q4 2025 at Penumbra, roughly flat from 67.78% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 68.02% in Q4 2025 to a low of 54.38% in Q2 2024.
  • A 5-year average of 64.46% and a median of 65.0% in 2024 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: tumbled -942bps in 2024, then soared 1161bps in 2025.
  • Penumbra's Gross Margin stood at 63.07% in 2021, then fell by -1bps to 62.58% in 2022, then increased by 5bps to 65.69% in 2023, then grew by 2bps to 66.79% in 2024, then increased by 2bps to 68.02% in 2025.
  • Per Business Quant, the three most recent readings for PEN's Gross Margin are 68.02% (Q4 2025), 67.78% (Q3 2025), and 65.99% (Q2 2025).