Penumbra (PEN) Work In Process (2014 - 2026)
Penumbra (PEN) posted Work In Process of $48 million for Q3 2026, down 6.0% from $51.05 million a year earlier but up 19.0% from the prior quarter.
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Analysis
Penumbra (PEN) Work In Process (2014 - 2026) Analysis & Trends
At the end of FY2025, Penumbra's Work In Process came in at $46.28 million, up 29.6% from FY2024.
- Annual Work In Process has increased for four consecutive years, with a five-year compound annual growth rate of 15.9% (FY2020 to FY2025).
- In prior years, Penumbra's Work In Process was $35.71 million in FY2024 (+3.5%), $34.49 million in FY2023 (+28.7%), $26.79 million in FY2022 (+43.4%) and $18.68 million in FY2021 (-15.5%).
- Quarterly Work In Process has run from a low of $6.84 million in Q1 2022 to a high of $51.05 million in Q3 2025 over five years.
- On a year-over-year basis, Work In Process increased in six of the last eight quarters, with growth averaging 11.7%.
- The strongest year-over-year quarter for Work In Process in the past five years was Q1 2023, with growth of 379.1%; the weakest was Q1 2022, with a decline of 67.2%.
- According to Business Quant data, Work In Process for the three prior quarters was $40.34 million (Q2 2026), $48.14 million (Q1 2026) and $46.28 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn |
| 10 | Penumbra | 12.67 Bn | 10.17 Bn | 280.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 48.00 Mn |
| Jun 30, 2026 | 40.34 Mn |
| Mar 31, 2026 | 48.14 Mn |
| Dec 31, 2025 | 46.28 Mn |
| Sep 30, 2025 | 51.05 Mn |
| Jun 30, 2025 | 45.66 Mn |
| Mar 31, 2025 | 44.25 Mn |
| Dec 31, 2024 | 35.71 Mn |
| Sep 30, 2024 | 40.54 Mn |
| Jun 30, 2024 | 37.17 Mn |
| Mar 31, 2024 | 36.82 Mn |
| Dec 31, 2023 | 34.49 Mn |
| Sep 30, 2023 | 43.23 Mn |
| Jun 30, 2023 | 42.39 Mn |
| Mar 31, 2023 | 32.76 Mn |
| Dec 31, 2022 | 26.79 Mn |
| Sep 30, 2022 | 29.17 Mn |
| Jun 30, 2022 | 33.90 Mn |
| Mar 31, 2022 | 6.84 Mn |
| Dec 31, 2021 | 18.68 Mn |
API Access
Penumbra Work In Process 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=work-in-process&ticker=PEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=PEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();