Penumbra Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.40B | $1.19B | $1.06B | $847.1M | $747.6M | $560.4M | $547.4M | $444.9M |
| Cost of Revenue | $461.2M | $439.6M | $375.9M | $311.9M | $272.2M | $222.2M | $175.4M | $152.4M |
| Gross Profit | $942.4M | $755.0M | $682.6M | $535.2M | $475.4M | $338.2M | $372.0M | $292.5M |
| Gross Margin | 67.1% | 63.2% | 64.5% | 63.2% | 63.6% | 60.3% | 68.0% | 65.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | $36.2M |
| SG&A Expense | $663.4M | $574.0M | $506.5M | $449.7M | $378.3M | $287.1M | $272.7M | $226.4M |
| Operating Income | $189.2M | $9.3M | $73.6M | $6.1M | $-7.5M | $-38.9M | $47.5M | $-852.0K |
| Operating Margin | 13.5% | 0.8% | 6.9% | 0.7% | -1.0% | -6.9% | 8.7% | -0.2% |
| Interest Expense | — | — | $1.7M | $1.7M | $1.9M | — | — | — |
| Pretax Income | $205.1M | $20.9M | $79.7M | $3.9M | $-10.5M | $-38.0M | $50.1M | $1.6M |
| Income Tax Expense | $27.4M | $6.9M | $-11.3M | $5.9M | $-13.1M | $-18.8M | $3.1M | $-4.4M |
| Net Income | $177.7M | $14.0M | $91.0M | $-2.0M | $5.3M | $-15.7M | $48.5M | $6.6M |
| Net Margin | 12.7% | 1.2% | 8.6% | -0.2% | 0.7% | -2.8% | 8.9% | 1.5% |
| EPS (Basic) | $4.57 | $0.36 | $2.37 | $-0.05 | $0.14 | $-0.44 | $1.39 | $0.19 |
| EPS (Diluted) | $4.52 | $0.36 | $2.32 | $-0.05 | $0.14 | $-0.44 | $1.34 | $0.18 |
| Shares Outstanding (Basic) | 38.9M | 38.6M | 38.4M | 37.8M | 36.8M | 35.8M | 34.8M | 34.1M |
| Shares Outstanding (Diluted) | 39.3M | 39.3M | 39.2M | 37.8M | 37.9M | 35.8M | 36.3M | 36.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |