Penumbra (PEN) Work In Process (2014 - 2026)
Penumbra (PEN) posted quarterly Work In Process of $40.3 million for 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.
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.
- In Q2 2026, Work In Process fell 11.66% year-over-year to $40.3 million; the TTM figure through Jun 2026 stood at $40.3 million (down 11.66% YoY), while the FY2025 annual figure was $46.3 million, up 29.57% from the prior year.
- Work In Process fell to $40.3 million in Q2 2026 per PEN's latest filing, from $48.1 million in the prior quarter.
- Across five years, Work In Process topped out at $51.1 million in Q3 2025 and bottomed at $6.8 million in Q1 2022.
- Historically, Work In Process has averaged $37.5 million across 5 years, with a median of $38.8 million in 2024.
- Annual changes were most pronounced in 2022 — Work In Process slumped 67.21% — and 2023, when it jumped 379.1%.
- Penumbra's Work In Process stood at $26.8 million in 2022, then grew by 28.72% to $34.5 million in 2023, then gained by 3.55% to $35.7 million in 2024, then climbed by 29.57% to $46.3 million in 2025, then dropped by 12.83% to $40.3 million in 2026.
- Business Quant data shows PEN's Work In Process at $40.3 million in Q2 2026, $48.1 million in Q1 2026, and $46.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.19 Bn | 194.59 Bn | 7.27 Bn |
| 2 | Stryker | 129.95 Bn | 126.47 Bn | 4.50 Bn |
| 3 | Medtronic | 120.06 Bn | 110.84 Bn | 6.41 Bn |
| 4 | Boston Scientific | 74.14 Bn | 73.60 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 34.20 Bn | 32.10 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.46 Bn | 23.13 Bn | 4.55 Bn |
| 9 | Steris | 23.25 Bn | 22.77 Bn | 684.20 Mn |
| 10 | Penumbra | 12.81 Bn | 12.15 Bn | 264.94 Mn |
Historic Data
Download 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 |