Penumbra (PEN) Work In Process (2014 - 2026)
Penumbra's (PEN) quarterly Work In Process came in at $48.1 million in Q1 2026, up 8.79% year-on-year from $44.3 million in Q1 2025, and up 4.04% on a QoQ basis from $46.3 million in Q4 2025.
Penumbra (PEN) Work In Process (2014 - 2026) Analysis & Trends
Penumbra (PEN) has 13 years of Work In Process data on file, last reported at $48.1 million in Q1 2026.
- On a quarterly basis, Work In Process rose 8.79% year-over-year to $48.1 million in Q1 2026; TTM through Mar 2026 was $48.1 million, a 8.79% increase from a year earlier, with the FY2025 full-year figure at $46.3 million, up 29.57% from the prior year.
- Work In Process for Q1 2026 stood at $48.1 million, up from $46.3 million in the prior quarter.
- Over the last five years, Work In Process for PEN reached as high as $51.1 million in Q3 2025 and fell as low as $6.8 million in Q1 2022.
- Historically, Work In Process has averaged $37.4 million across 5 years, with a median of $37.2 million in 2024.
- Across the five-year window, Work In Process plunged 67.21% in 2022 and surged 379.1% in 2023, its largest moves.
- Year by year, Work In Process stood at $26.8 million in 2022, then rose by 28.72% to $34.5 million in 2023, then climbed by 3.55% to $35.7 million in 2024, then increased by 29.57% to $46.3 million in 2025, then grew by 4.04% to $48.1 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $48.1 million in Q1 2026, $46.3 million in Q4 2025, and $51.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - |
| 10 | Penumbra | 12.48 Bn | 11.87 Bn | 253.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 14.09 Mn |