Filing Flows › Penumbra (PEN) › Gross margin
Penumbra (PEN) gross margin by quarter
Penumbra's gross margin was 68.3% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 66.0% (Q2 2025) to 68.3% (Q3 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 68.3% | +0.4 pts | +0.6 pts |
| Q2 2026 | 67.9% | +0.3 pts | +1.9 pts |
| Q1 2026 | 67.6% | -0.4 pts | +1.0 pts |
| Q4 2025 | 68.0% | +0.2 pts | — |
| Q3 2025 | 67.8% | +1.8 pts | — |
| Q2 2025 | 66.0% | -0.6 pts | — |
| Q1 2025 | 66.6% | — | — |
Q3 2026 at a glance
Penumbra, Q3 2026: revenue $410M (+16% year over year), operating margin 12.4%, net earnings $42.3M, operating cash flow $41.5M. The chart follows the revenue to costs, profit and cash.
Questions
What is Penumbra's gross margin?
Penumbra's gross margin was 68.3% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026.
How has Penumbra's gross margin changed?
Over the last 7 quarters it ranged from 66.0% (Q2 2025) to 68.3% (Q3 2026).