Penumbra (PEN) Net Margin (2014 - 2026)
Penumbra (PEN) reported Net Margin of 8.7% for Q1 2026, down 342.0% year-over-year from 3.59% in Q1 2025, and down 29.14% quarter-over-quarter from 12.27% 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.
- Net Margin for Q1 2026 came in at 8.7%, down 342.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.76% (up 835.0% YoY), and the FY2025 annual result was 12.66%, up 1149.0% from the prior year.
- Net Margin fell to 8.7% in Q1 2026 per PEN's latest filing, from 12.27% in the prior quarter.
- Over five years, Net Margin peaked at 19.05% in Q4 2023 and troughed at 20.1% in Q2 2024.
- A 5-year average of 5.64% and a median of 7.25% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin sank 2735 bps in 2024, then jumped 3343 bps in 2025.
- A 5-year view of Net Margin shows it 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 climbed by 15 bps to 12.27% in 2025, then declined by 29 bps to 8.7% in 2026.
- Business Quant data shows PEN's Net Margin at 8.7% in Q1 2026, 12.27% in Q4 2025, and 12.92% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 12.75% |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | - |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 8.01% |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.00% |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 16.74% |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | - |
| 10 | Penumbra | 12.51 Bn | 11.90 Bn | 253.41 Mn | 8.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.70% |
| Dec 31, 2025 | 12.27% |
| Sep 30, 2025 | 12.92% |
| Jun 30, 2025 | 13.34% |
| Mar 31, 2025 | 12.11% |
| Dec 31, 2024 | 10.68% |
| Sep 30, 2024 | 9.79% |
| Jun 30, 2024 | -20.10% |
| Mar 31, 2024 | 3.96% |
| Dec 31, 2023 | 19.05% |
| Sep 30, 2023 | 3.40% |
| Jun 30, 2023 | 7.25% |
| Mar 31, 2023 | 3.54% |
| 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 | 7.14% |
| Jun 30, 2021 | 4.50% |