Growth Metrics

Penumbra (PEN) Operating Expenses (2016 - 2025)

Penumbra (PEN) has disclosed Operating Expenses for 12 consecutive years, with $202.9 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 20.81% to $202.9 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $753.2 million through Dec 2025, up 1.0% year-over-year, with the annual reading at $753.2 million for FY2025, 1.0% up from the prior year.
  • Operating Expenses for Q4 2025 was $202.9 million at Penumbra, up from $191.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $243.8 million in Q2 2024, with the low at $97.9 million in Q1 2021.
  • Average Operating Expenses over 5 years is $156.0 million, with a median of $158.5 million recorded in 2023.
  • The sharpest move saw Operating Expenses soared 72.3% in 2021, then fell 24.86% in 2025.
  • Over 5 years, Operating Expenses stood at $165.5 million in 2021, then decreased by 19.28% to $133.6 million in 2022, then increased by 13.75% to $152.0 million in 2023, then increased by 10.52% to $167.9 million in 2024, then rose by 20.81% to $202.9 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $202.9 million, $191.6 million, and $183.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.