v3.22.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Revenue $ 847,133 $ 747,590 $ 560,412
Cost of revenue 311,926 272,208 222,237
Gross profit 535,207 475,382 338,175
Operating expenses:      
Research and development 79,407 104,552 90,049
Sales, general and administrative 449,718 378,331 287,068
Total operating expenses 529,125 482,883 377,117
Income (loss) from operations 6,082 (7,501) (38,942)
Interest income, net 137 938 1,267
Other expense, net (2,327) (3,939) (343)
Income (loss) before income taxes 3,892 (10,502) (38,018)
Provision for (benefit from) income taxes 5,894 (13,125) (18,761)
Consolidated net (loss) income (2,002) 2,623 (19,257)
Net loss attributable to non-controlling interest 0 (2,661) (3,555)
Net (loss) income attributable to Penumbra, Inc. $ (2,002) $ 5,284 $ (15,702)
Net (loss) income attributable to Penumbra, Inc. per share:      
Net income (loss) attributable to Penumbra, Inc. per share: Basic (in dollars per share) $ (0.05) $ 0.14 $ (0.44)
Net income (loss) attributable to Penumbra, Inc. per share: Diluted (in dollars per share) $ (0.05) $ 0.14 $ (0.44)
Weighted average shares outstanding:      
Weighted average shares outstanding: Basic (in shares) 37,841,874 36,764,290 35,766,892
Weighted average shares outstanding: Diluted (in shares) 37,841,874 37,881,180 35,766,892