Penumbra (PEN) Research & Development (2014 - 2026)

Penumbra (PEN) has 13 years of Research & Development data on file, last reported at $22.4 million in Q1 2026.

• Quarterly Research & Development rose 1.38% year-over-year to $22.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $90.1 million (down 2.35% YoY) and the FY2025 annual result came in at $89.8 million, down 5.29% from the prior year.
• Research & Development grew to $22.4 million in Q1 2026 per PEN's latest filing, from $21.8 million in the prior quarter.
• Across five years, Research & Development topped out at $25.2 million in Q3 2024 and bottomed at $18.0 million in Q4 2022.
• The 5-year median for Research & Development is $21.8 million (2025), against an average of $21.8 million.
• Peak annual rise in Research & Development reached 27.41% in 2022, while the deepest fall reached 65.46% in 2022.
• Tracing PEN's Research & Development over 5 years: stood at $18.0 million in 2022, then gained by 22.14% to $21.9 million in 2023, then dropped by 8.81% to $20.0 million in 2024, then climbed by 8.92% to $21.8 million in 2025, then advanced by 2.7% to $22.4 million in 2026.
• Per Business Quant, the three latest PEN Research & Development figures stand at $22.4 million (Q1 2026), $21.8 million (Q4 2025), and $22.7 million (Q3 2025).

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