Penumbra (PEN) Net Margin (2014 - 2026)
Penumbra's (PEN) quarterly Net Margin came in at 8.7% in Q1 2026, down 340.0% year-on-year from 3.62% in Q1 2025, and down 29.21% on a QoQ basis from 12.28% in Q4 2025.
Penumbra (PEN) Net Margin (2014 - 2026) Analysis & Trends
Penumbra (PEN) has 13 years of Net Margin data on file, last reported at 8.7% in Q1 2026.
- On a quarterly basis, Net Margin fell 340.0% year-over-year to 8.7% in Q1 2026; TTM through Mar 2026 was 11.76%, a 836.0% increase from a year earlier, with the FY2025 full-year figure at 12.66%, up 1149.0% from the prior year.
- Net Margin for Q1 2026 stood at 8.7%, down from 12.28% in the prior quarter.
- Over the last five years, Net Margin for PEN reached as high as 19.05% in Q4 2023 and fell as low as 20.11% in Q2 2024.
- Historically, Net Margin has averaged 5.64% across 5 years, with a median of 7.24% in 2023.
- Across the five-year window, Net Margin tumbled 2735 bps in 2024 and jumped 3345 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 1.75% in 2022, then surged by 987 bps to 19.05% in 2023, then sank by 44 bps to 10.68% in 2024, then gained by 15 bps to 12.28% in 2025, then fell by 29 bps to 8.7% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 8.7% in Q1 2026, 12.28% in Q4 2025, and 12.93% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 181.19 Bn | 173.90 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 128.53 Bn | 125.65 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 107.77 Bn | 98.55 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 67.72 Bn | 66.27 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 48.21 Bn | 44.54 Bn | 1.29 Bn | - |
| 6 | Dexcom | 28.41 Bn | 27.29 Bn | 750.30 Mn | 16.74% |
| 7 | GE HealthCare Technologies | 28.33 Bn | 26.05 Bn | 1.98 Bn | 8.01% |
| 8 | Smith & Nephew | 26.76 Bn | 26.18 Bn | - | - |
| 9 | Koninklijke Philips | 25.27 Bn | 22.15 Bn | 2.07 Bn | 3.87% |
| 10 | Penumbra | 12.54 Bn | 11.93 Bn | 253.41 Mn | 8.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.70% |
| Dec 31, 2025 | 12.28% |
| Sep 30, 2025 | 12.93% |
| Jun 30, 2025 | 13.35% |
| Mar 31, 2025 | 12.10% |
| Dec 31, 2024 | 10.68% |
| Sep 30, 2024 | 9.79% |
| Jun 30, 2024 | -20.11% |
| Mar 31, 2024 | 3.95% |
| Dec 31, 2023 | 19.05% |
| Sep 30, 2023 | 3.40% |
| Jun 30, 2023 | 7.24% |
| Mar 31, 2023 | 3.55% |
| Dec 31, 2022 | 1.75% |
| Sep 30, 2022 | -1.06% |
| Jun 30, 2022 | -1.77% |
| Mar 31, 2022 | 0.04% |
| Dec 31, 2021 | -12.07% |
| Sep 30, 2021 | 4.22% |
| Jun 30, 2021 | 4.50% |