Filing Flows › Penumbra (PEN) › R&D spending
Penumbra (PEN) R&D spending by quarter
Penumbra's R&D spending was $25.4M in Q3 2026 (third quarter 2026), -0.1% from Q2 2026. Over the last 7 quarters it ranged from $21.8M (Q4 2025) to $25.4M (Q2 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $25.4M | -0.1% | +12% |
| Q2 2026 | $25.4M | +13% | +9% |
| Q1 2026 | $22.4M | +3% | +1% |
| Q4 2025 | $21.8M | -4% | — |
| Q3 2025 | $22.7M | -2% | — |
| Q2 2025 | $23.2M | +5% | — |
| Q1 2025 | $22.1M | — | — |
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 R&D spending?
Penumbra's R&D spending was $25.4M in Q3 2026 (third quarter 2026), -0.1% from Q2 2026.
How has Penumbra's R&D spending changed?
Over the last 7 quarters it ranged from $21.8M (Q4 2025) to $25.4M (Q2 2026).