---
schema_version: "secwatch.filing_event.v1"
accession: "0001321732-23-000086"
form_type: "8-K"
ticker: "PEN"
cik: "0001321732"
company_name: "Penumbra Inc"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:18:13.908974+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Penumbra Q2 revenue $261.5M +25.5% YoY; raises FY2023 guidance to $1.05-1.07B

## Summary
- Revenue $261.5M (+25.5% YoY constant currency), U.S. 71%, international 29%.
- Vascular segment $152.7M (+23.6%), neuro segment $108.8M (+28.3%).
- GAAP operating income $17.9M vs loss $0.1M; non-GAAP operating income $20.3M vs $1.6M.
- Gross margin 63.8% vs 64.3% YoY; R&D $21.5M, SG&A $127.4M.
- FY2023 revenue guidance raised to $1.05-1.07B (24-26% growth); vascular to outpace, neuro below.

## SEC filing metadata
- accession: 0001321732-23-000086
- form_type: 8-K
- ticker: PEN
- cik: 0001321732
- company_name: Penumbra Inc
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321732/000132173223000086/0001321732-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321732/000132173223000086/pen-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321732-23-000086
- JSON: https://secwatch.observer/filing/0001321732-23-000086.json
- Plain text: https://secwatch.observer/filing/0001321732-23-000086.txt

## Key facts
- Earnings Releases
  Penumbra Inc reported second quarter ended June 30, 2023 results: revenue $261.5 million.
  - Period: second quarter ended June 30, 2023
  - Revenue: $261.5 million
  - Result: reported results
  source text: Revenue of $261.5 million in the second quarter of 2023, an increase of 25.5% as reported and in constant currency 1 compared to the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321732/000132173223000086/0001321732-23-000086-index.htm
- Earnings Releases
  Penumbra Inc reported full year 2023 results: revenue $1.05 billion to $1.07 billion. Guidance raised.
  - Period: full year 2023
  - Revenue: $1.05 billion to $1.07 billion
  - Guidance: raised
  - Result: guidance update
  source text: The Company is increasing its guidance for 2023 total revenue to be in the range of $1.05 billion to $1.07 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321732/000132173223000086/0001321732-23-000086-index.htm

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