Below are the financial statements of Penumbra, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 1,194.62a | 1,058.52a | 847.13a |
| Cost of revenue | -439.62a | -375.88a | -311.93a |
| Gross profit | 755a | 682.64a | 535.21a |
| Operating expenses | — | — | — |
| Research and development | -94.78a | -84.42a | -79.41a |
| Sales, general and administrative | -573.99a | -506.45a | -449.72a |
| Acquired in-process research and development | 0a | -18.22a | 0a |
| Impairment charge | -76.95a | 0a | 0a |
| Total operating expenses | -745.72a | -609.09a | -529.13a |
| Income from operations | 9.28a | 73.55a | 6.08a |
| Interest and other income (expense), net | 11.59a | 6.1a | -2.19a |
| Income before income taxes | 20.87a | 79.65a | 3.89a |
| Provision for (benefit from) income taxes | -6.86a | -11.3a | -5.89a |
| Net income (loss) | 14.01a | 90.95a | -2a |
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