Company / Gross Margin
Penumbra, Inc. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
67.1%
FY2025
5-year range
60.3% / 68.0%
FY2021-FY2025
Trend
+6.2%
vs FY2024
Sector context
#28 of 96
Health Care
What the data says
At 67.1%, Penumbra, Inc.'s gross margin ranks #28 of 96 in the Health Care sector. Gross Margin has fluctuated over the past 10 years, ranging from 60.3% in FY2022 to 68.0% in FY2021.
Based on SEC 10-K filings.
67.1% in FY2025 with a 5-year CAGR of +6.8%.
Improved from 64.5% to 67.1% over the past 2 years.
Health Care sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +6.8pp
- 5-Year Change
- +6.8pp
- 10-Year Change
- -
Sector benchmark
#28 of 96 in Health CareTop 29% of 96This company 67.1% Sector average 53.6%
▼
+25.3% above sector average
Key checks
Key Insights
- In FY2025, gross margin increased 6.2% year-over-year.
- Currently 13.6pp above the Health Care sector average.
- Peak gross margin was recorded in FY2021.
- Lowest gross margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 3.11 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 67.1% | +6.2% |
| FY2024 | 63.2% | -2.0% |
| FY2023 | 64.5% | +6.9% |
| FY2022 | 60.3% | -11.2% |
| FY2021 | 68.0% | +12.6% |
| FY2020 | 60.3% | -7.3% |
| FY2019 | 65.1% | +0.3% |
| FY2018 | 64.9% | -2.7% |
| FY2017 | 66.7% | +2.7% |
| FY2016 | 64.9% | -2.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026