Penumbra (PEN) Work In Process (2014 - 2026)
Penumbra's (PEN) quarterly Work In Process came in at $40.3 million in Q2 2026, down 11.66% year-over-year from $45.7 million in Q2 2025, and down 16.21% quarter-over-quarter from $48.1 million in Q1 2026.
Analysis
Penumbra (PEN) Work In Process (2014 - 2026) Analysis & Trends
Penumbra (PEN) has reported Work In Process for 13 consecutive years, with $40.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Work In Process fell 11.66% year-over-year to $40.3 million in Q2 2026; TTM through Jun 2026 was $40.3 million, a 11.66% decrease from a year earlier, with the FY2025 full-year figure at $46.3 million, up 29.57% from the prior year.
- Work In Process was $40.3 million for Q2 2026 at Penumbra, down from $48.1 million in the prior quarter.
- Over five years, Work In Process peaked at $51.1 million in Q3 2025 and troughed at $6.8 million in Q1 2022.
- A 5-year average of $37.5 million and a median of $38.8 million in 2024 frame the typical range for Work In Process.
- Across the five-year window, Work In Process tumbled 67.21% in 2022 and soared 379.1% in 2023, its largest moves.
- Over 5 years, Work In Process stood at $26.8 million in 2022, then advanced by 28.72% to $34.5 million in 2023, then increased by 3.55% to $35.7 million in 2024, then gained by 29.57% to $46.3 million in 2025, then decreased by 12.83% to $40.3 million in 2026.
- The last three Work In Process figures came in at $40.3 million (Q2 2026), $48.1 million (Q1 2026), and $46.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.67 Bn | 178.06 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 124.18 Bn | 118.97 Bn | 1.96 Bn |
| 3 | Medtronic | 118.33 Bn | 109.51 Bn | 6.34 Bn |
| 4 | Stryker | 105.21 Bn | 101.73 Bn | 4.50 Bn |
| 5 | Boston Scientific | 66.61 Bn | 66.07 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.73 Bn | 45.47 Bn | 1.35 Bn |
| 7 | Alcon | 33.91 Bn | 32.46 Bn | 1.68 Bn |
| 8 | Dexcom | 32.28 Bn | 30.34 Bn | 830.00 Mn |
| 9 | Steris | 21.09 Bn | 20.61 Bn | 684.20 Mn |
| 10 | Penumbra | 12.59 Bn | 11.93 Bn | 264.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 16.01 Mn |