---
schema_version: "secwatch.filing_event.v1"
accession: "0001321732-23-000060"
form_type: "8-K"
ticker: "PEN"
cik: "0001321732"
company_name: "Penumbra Inc"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T02:56:21.323327+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Penumbra Q1 revenue $241.4M (+18.4%); raises FY 2023 guidance to $1.04-1.06B

## Summary
- Revenue $241.4M (+18.4% YoY, +19.7% constant currency); vascular $142.8M, neuro $98.5M.
- Gross margin 62.6%; operating income $8.0M vs loss of $4.0M YoY.
- Non-GAAP operating income $10.4M vs non-GAAP loss of $2.3M YoY.
- Raised full-year 2023 revenue guidance: $1.04B to $1.06B (23% to 25% growth).
- Vascular growth expected slightly above guidance range; Neuro growth below.

## SEC filing metadata
- accession: 0001321732-23-000060
- form_type: 8-K
- ticker: PEN
- cik: 0001321732
- company_name: Penumbra Inc
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1321732/000132173223000060/0001321732-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321732/000132173223000060/pen-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321732-23-000060
- JSON: https://secwatch.observer/filing/0001321732-23-000060.json
- Plain text: https://secwatch.observer/filing/0001321732-23-000060.txt

## Key facts
- Earnings Releases
  Penumbra Inc reported the first quarter ended March 31, 2023 results: revenue $241.4 million. Guidance raised.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $241.4 million
  - Guidance: raised
  - Result: reported results
  source text: Inc. (NYSE: PEN), a global healthcare company focused on innovative therapies, today reported financial results for the first quarter ended March 31, 2023. • Revenue of $241.4 million in the first quarter of 2023, an increase of 18.4%, or 19.7% in constant currency 1 , compared to the first quarter of 2022. First Quarter 2023 Financial Results Total revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321732/000132173223000060/0001321732-23-000060-index.htm

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