Penumbra PEN
NYSE PEN
$319.80 +0.54 (+0.17%)
As of: Sep 9, 2026 · 1:43 PM EDT

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

Historic Data

Download Data
DateValue
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