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Penumbra Inc (PEN) Fundamental Analysis & AI Grade 2026

PEN NYSE Surgical & Medical Instruments & Apparatus DE CIK: 0001321732
Updated This Month • Analysis: May 7, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
78% Confidence
N/A
A
78% Conf
Pending
Analysis scheduled

📊 PEN Key Takeaways

Revenue: $374.8M
Net Margin: 8.7%
Free Cash Flow: $73.3M
Current Ratio: 6.02x
Debt/Equity: 0.00x
EPS: $0.82
AI Grade: A with 78% confidence
Penumbra Inc (PEN) receives a A fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $374.8M, net profit margin of 8.7%, and return on equity (ROE) of 2.2%, Penumbra Inc demonstrates strong fundamentals in the Healthcare sector. Below is our complete PEN stock analysis for 2026.

Is Penumbra Inc (PEN) a Good Investment?

Claude

Penumbra demonstrates solid fundamental growth with 17.5% revenue expansion and exceptional financial health characterized by zero debt and $241.3M cash. Strong free cash flow generation (19.6% FCF margin) and high gross margins (67.6%) indicate a well-managed medical device business, though low ROE (2.2%) and ROA (1.7%) suggest capital efficiency challenges requiring attention.

Penumbra Inc Key Strengths (PEN)

Claude
  • + Strong revenue growth of 17.5% YoY with robust 67.6% gross margin in stable medical device sector
  • + Exceptional balance sheet strength: zero long-term debt, $241.3M cash, 6.02x current ratio
  • + Excellent free cash flow generation at $73.3M (19.6% FCF margin) with healthy $87M operating cash flow

PEN Stock Risks: Penumbra Inc Investment Risks

Claude
  • ! Low return on equity (2.2%) and return on assets (1.7%) indicate inefficient capital deployment despite profitability
  • ! Operating margin at 10.2% is modest for medical device sector, suggesting potential pricing or cost structure pressures
  • ! Unusual EPS spike of +1155.6% YoY may indicate prior-period distortions affecting earnings quality assessment

Key Metrics to Watch

Claude
  • * Operating margin expansion and capital efficiency metrics (ROE/ROA improvement)
  • * Revenue growth sustainability and free cash flow conversion maintenance
  • * Insider Form 4 filing patterns and capital allocation decisions

Penumbra Inc (PEN) Financial Metrics & Key Ratios

Revenue
$374.8M
Net Income
$32.6M
EPS (Diluted)
$0.82
Free Cash Flow
$73.3M
Total Assets
$1.9B
Cash Position
$241.3M

💡 AI Analyst Insight

Strong liquidity with a 6.02x current ratio provides a solid financial cushion.

PEN Profit Margin, ROE & Profitability Analysis

Gross Margin 67.6%
Operating Margin 10.2%
Net Margin 8.7%
ROE 2.2%
ROA 1.7%
FCF Margin 19.6%

PEN vs Healthcare Sector: How Penumbra Inc Compares

How Penumbra Inc compares to Healthcare sector averages

Net Margin
PEN 8.7%
vs
Sector Avg 12.0%
PEN Sector
ROE
PEN 2.2%
vs
Sector Avg 15.0%
PEN Sector
Current Ratio
PEN 6.0x
vs
Sector Avg 2.0x
PEN Sector
Debt/Equity
PEN 0.0x
vs
Sector Avg 0.6x
PEN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Penumbra Inc Stock Overvalued? PEN Valuation Analysis 2026

Based on fundamental analysis, Penumbra Inc has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
2.2%
Sector avg: 15%
Net Profit Margin
8.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Penumbra Inc Balance Sheet: PEN Debt, Cash & Liquidity

Current Ratio
6.02x
Quick Ratio
3.95x
Debt/Equity
0.00x
Debt/Assets
22.4%
Interest Coverage
51.25x
Long-term Debt
N/A

PEN Revenue & Earnings Growth: 5-Year Financial Trend

PEN 5-year financial data: Year 2021: Revenue $747.6M, Net Income $48.5M, EPS $1.34. Year 2022: Revenue $847.1M, Net Income -$15.7M, EPS $-0.44. Year 2023: Revenue $1.1B, Net Income $5.3M, EPS $0.14. Year 2024: Revenue $1.2B, Net Income -$2.0M, EPS $-0.05. Year 2025: Revenue $1.4B, Net Income $91.0M, EPS $2.32.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Penumbra Inc's revenue has grown significantly by 88% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.32 reflects profitable operations.

PEN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
19.6%
Free cash flow / Revenue

PEN Quarterly Earnings & Performance

Quarterly financial performance data for Penumbra Inc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $324.1M $32.6M $0.82
Q3 2025 $301.0M $11.0M $-0.51
Q2 2025 $299.4M $11.0M $1.15
Q1 2025 $278.7M $11.0M $0.28
Q3 2024 $270.9M $8.6M $0.23
Q2 2024 $261.5M $8.6M $0.48
Q1 2024 $241.4M $8.6M $0.22
Q3 2023 $213.7M $79.0K $-0.06

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Penumbra Inc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$87.0M
Cash generated from operations
Capital Expenditures
$13.7M
Investment in assets
Dividends
None
No dividend program

PEN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Penumbra Inc (CIK: 0001321732)

📋 Recent SEC Filings

Date Form Document Action
May 21, 2026 4 xslF345X06/wk-form4_1779406545.xml View →
May 7, 2026 8-K pen-20260506.htm View →
May 6, 2026 10-Q pen-20260331.htm View →
May 6, 2026 8-K pen-20260506.htm View →
Apr 29, 2026 DEF 14A pen-20260427.htm View →

Frequently Asked Questions about PEN

What is the AI rating for PEN?

Penumbra Inc (PEN) has an AI grade of A with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PEN's key strengths?

Claude: Strong revenue growth of 17.5% YoY with robust 67.6% gross margin in stable medical device sector. Exceptional balance sheet strength: zero long-term debt, $241.3M cash, 6.02x current ratio.

What are the risks of investing in PEN?

Claude: Low return on equity (2.2%) and return on assets (1.7%) indicate inefficient capital deployment despite profitability. Operating margin at 10.2% is modest for medical device sector, suggesting potential pricing or cost structure pressures.

What is PEN's revenue and growth?

Penumbra Inc reported revenue of $374.8M.

Does PEN pay dividends?

Penumbra Inc does not currently pay dividends.

Where can I find PEN SEC filings?

Official SEC filings for Penumbra Inc (CIK: 0001321732) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PEN's EPS?

Penumbra Inc has a diluted EPS of $0.82.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PEN's fundamental grade?

Based on our AI fundamental analysis in May 2026, Penumbra Inc has a A grade with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is PEN stock overvalued or undervalued?

Valuation metrics for PEN: ROE of 2.2% (sector avg: 15%), net margin of 8.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is PEN's AI grade for 2026?

Our dual AI analysis gives Penumbra Inc a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PEN's free cash flow?

Penumbra Inc's operating cash flow is $87.0M, with capital expenditures of $13.7M. FCF margin is 19.6%.

How does PEN compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 8.7% (avg: 12%), ROE 2.2% (avg: 15%), current ratio 6.02 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 7, 2026 | Data as of: 2026-03-31 | Powered by Claude AI