---
schema_version: "secwatch.filing_event.v1"
accession: "0001321732-22-000103"
form_type: "8-K"
ticker: "PEN"
cik: "0001321732"
company_name: "Penumbra Inc"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:18:46.320687+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Penumbra Q3 rev $213.7M (+12.4%); cuts FY22 guide to $840-845M on Flash delay, FX headwind

## Summary
- Revenue $213.7M, +12.4% YoY (+15.1% constant currency); vascular +17%, neuro +6.7%.
- GAAP operating income $5.4M vs $8.8M prior year; non-GAAP op income $7.8M.
- FY2022 revenue guidance reduced to $840-845M; cites Lightning Flash launch delay to Q1 2023 and $4-6M FX headwind.
- Expects to reach $1B revenue in 2023.
- Gross margin 63.3% vs 63.1% prior year.

## SEC filing metadata
- accession: 0001321732-22-000103
- form_type: 8-K
- ticker: PEN
- cik: 0001321732
- company_name: Penumbra Inc
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321732/000132173222000103/0001321732-22-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321732/000132173222000103/pen-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321732-22-000103
- JSON: https://secwatch.observer/filing/0001321732-22-000103.json
- Plain text: https://secwatch.observer/filing/0001321732-22-000103.txt

## Key facts
- Earnings Releases
  Penumbra Inc updated its 2022 guidance (lowered).
  - Period: 2022
  - Guidance: lowered
  - Result: guidance update
  source text: The Company now expects 2022 total revenue to be in the range of $840 million to $845 million, which reflects growth of 12-13% on a reported basis and 15-16% in constant currency compared to 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321732/000132173222000103/0001321732-22-000103-index.htm
- Earnings Releases
  Penumbra Inc reported the third quarter ended September 30, 2022 results: revenue $213.7 million. Guidance lowered.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $213.7 million
  - Guidance: lowered
  - Result: reported results
  source text: Inc. (NYSE: PEN), a global healthcare company focused on innovative therapies, today reported financial results for the third quarter ended September 30, 2022. • Revenue of $213.7 million in the third quarter of 2022, an increase of 12.4%, or 15.1% in constant currency 1 , compared to the third quarter of 2021. Third Quarter 2022 Financial Results Total revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321732/000132173222000103/0001321732-22-000103-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.