Penumbra (PEN) Operating Leases (2019 - 2026)
Penumbra (PEN) recorded Operating Leases of $176.3 million in Q2 2026, down 3.9% from $183.49 million a year earlier and down 1.7% from the prior quarter.
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Analysis
Penumbra (PEN) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Penumbra reported Operating Leases of $182.75 million, down 2.3% from FY2024.
- Annual Operating Leases has declined for three straight years, though with a five-year compound annual growth rate of 32.8% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $187.07 million in FY2024 (-5.2%), $197.23 million in FY2023 (-0.9%), $198.96 million in FY2022 (+45.2%) and $137.05 million in FY2021 (+210.2%).
- The Q2 2026 figure is the lowest quarterly Operating Leases since Q4 2021.
- On a year-over-year basis, Operating Leases has declined for 11 consecutive quarters, with an average decline of 3.8% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 319.2% in Q1 2022, against a decline of 5.2% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $179.42 million (Q1 2026), $182.75 million (Q4 2025) and $180.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | Penumbra | 12.56 Bn | 10.27 Bn | 264.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 176.30 Mn |
| Mar 31, 2026 | 179.42 Mn |
| Dec 31, 2025 | 182.75 Mn |
| Sep 30, 2025 | 180.31 Mn |
| Jun 30, 2025 | 183.49 Mn |
| Mar 31, 2025 | 184.65 Mn |
| Dec 31, 2024 | 187.07 Mn |
| Sep 30, 2024 | 189.96 Mn |
| Jun 30, 2024 | 192.22 Mn |
| Mar 31, 2024 | 194.54 Mn |
| Dec 31, 2023 | 197.23 Mn |
| Sep 30, 2023 | 192.12 Mn |
| Jun 30, 2023 | 194.66 Mn |
| Mar 31, 2023 | 196.84 Mn |
| Dec 31, 2022 | 198.96 Mn |
| Sep 30, 2022 | 180.90 Mn |
| Jun 30, 2022 | 183.16 Mn |
| Mar 31, 2022 | 182.44 Mn |
| Dec 31, 2021 | 137.05 Mn |
| Sep 30, 2021 | 138.17 Mn |
API Access
Penumbra Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=PEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "PEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=PEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();