Penumbra (PEN) Operating Margin (2014 - 2026)

Penumbra (PEN) has 13 years of Operating Margin data on file, last reported at 10.2% in Q1 2026.

• On a quarterly basis, Operating Margin fell 225.0% year-over-year to 10.2% in Q1 2026; TTM through Mar 2026 was 12.87%, a 984.0% increase from a year earlier, with the FY2025 full-year figure at 13.48%, up 1271.0% from the prior year.
• Operating Margin for Q1 2026 stood at 10.2%, down from 15.37% in the prior quarter.
• Over the last five years, Operating Margin for PEN reached as high as 15.37% in Q4 2025 and fell as low as 27.04% in Q2 2024.
• Historically, Operating Margin has averaged 5.66% across 5 years, with a median of 6.84% in 2023.
• Across the five-year window, Operating Margin sank 3388 bps in 2024 and surged 3907 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 2.18% in 2022, then jumped by 463 bps to 12.3% in 2023, then gained by 10 bps to 13.56% in 2024, then climbed by 13 bps to 15.37% in 2025, then slumped by 34 bps to 10.2% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 10.2% in Q1 2026, 15.37% in Q4 2025, and 13.77% in Q3 2025.