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Companies / Health Care / Penumbra Inc
PEN

Penumbra Inc

Health CareSurgical & Medical Instruments
Ticker PENALAMEDA, CAFiscal year ends DecemberBook value per share $39.99Diluted shares 39.6M

Penumbra, Inc. (NYSE: PEN) develops, manufactures and markets medical devices used to treat vascular conditions, including ischemic stroke, pulmonary embolism, deep vein thrombosis, acute limb ischemia and aneurysms. Its products support thrombectomy, embolization and vascular access procedures, and are sold primarily… From the company’s description.

Over the twelve months to Sep 30, 2026, Penumbra Inc reported revenue of $1.56B, up 17.0% from a year earlier, and net income of $157.02M. Its operating margin was 12.1%, and operations generated $261.05M in cash. In fiscal 2025, it reported revenue of $1.40B, up 17.5% from fiscal 2024, and net income of $177.69M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.40BFY2025
+17.5% year over year
Last 12 mo $1.56B
13.48%FY2025
+12.7 percentage points
Last 12 mo 12.13%
$177.69MFY2025
+1168.1% year over year
Last 12 mo $157.02M
12.45%FY2025
+6.7 percentage points
Last 12 mo 9.92%
Cash & financing
$238.66MFY2025
+41.7% year over year
Last 12 mo $261.05M
$174.93MFY2025
+18.8% year over year
Last 12 mo $200.29M
0.02FY2025
Was 0.02× a year earlier
Last 12 mo 0.01
39.3MFY2025
+0.1% year over year
Last 12 mo 39.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Penumbra Inc does

In the company’s own words

Penumbra, Inc. (NYSE: PEN) develops, manufactures and markets medical devices used to treat vascular conditions, including ischemic stroke, pulmonary embolism, deep vein thrombosis, acute limb ischemia and aneurysms. Its products support thrombectomy, embolization and vascular access procedures, and are sold primarily to hospitals and other healthcare providers for use by specialist physicians. Penumbra operates as one reportable segment and groups its products into thrombectomy and embolization and access categories; in 2025, these categories generated $947.9 million and $455.7 million in revenue, respectively. Its portfolio includes the Indigo System and Lightning technologies for thrombectomy, the Penumbra System for neurovascular clot removal, Ruby and Penumbra Coil products for embolization, Neuron and BENCHMARK access catheters, and the Artemis Neuro Evacuation Device. The company sells directly in the United States, most of Europe, Canada, Australia and Singapore, and uses distributors in select international markets. Revenue totaled $1.40 billion in 2025. Founded in 2004, Penumbra has developed products across thrombectomy, access, embolization and neurosurgical markets. Its website is www.penumbrainc.com.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
ALAMEDA, CA
Fiscal year end
December
CIK
1321732
SIC
3841

Financial performance, year by year

Fiscal 2015–2025 · USD
$-177.22M$296.66M$770.54M$1.24B$1.72B20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Penumbra Inc — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

346
funds hold it
0 of 35
superinvestors hold it
$3.53B
held by funds, at market
28.2%
of shares held by funds

Largest fund holders · Penumbra Inc’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.34%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.14%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.33%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.15%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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