v3.22.4
Selected Quarterly Financial Data (Unaudited) - Selected Statement of Operations (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Revenue $ 221,216 $ 213,678 $ 208,344 $ 203,895 $ 204,011 $ 190,117 $ 184,258 $ 169,204 $ 847,133 $ 747,590 $ 560,412
Cost of revenue 82,789 78,351 74,309 76,477 78,564 70,205 65,572 57,867 311,926 272,208 222,237
Gross profit 138,427 135,327 134,035 127,418 125,447 119,912 118,686 111,337 535,207 475,382 338,175
Total operating expenses 133,594 129,893 134,174 131,464 165,504 111,131 108,374 97,874 529,125 482,883 377,117
Loss before (benefit from) for income taxes 7,128 3,035 (1,167) (5,104) (40,954) 7,782 10,203 12,467 3,892 (10,502) (38,018)
Provision for (benefit from) income taxes 3,251 5,306 2,520 (5,183) (16,321) (249) 1,904 1,541 5,894 (13,125) (18,761)
Consolidated net (loss) income 3,877 (2,271) (3,687) 79 (24,633) 8,031 8,299 10,926 (2,002) 2,623 (19,257)
Net loss attributable to non-controlling interest 0 0 0 0 0 (819) (932) (910) 0 (2,661) (3,555)
Net income (loss) attributable to Penumbra, Inc. $ 3,877 $ (2,271) $ (3,687) $ 79 $ (24,633) $ 8,850 $ 9,231 $ 11,836 $ (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) $ 0.10 $ (0.06) $ (0.10) $ 0 $ (0.66) $ 0.24 $ 0.25 $ 0.32 $ (0.05) $ 0.14 $ (0.44)
Net income (loss) attributable to Penumbra, Inc. per share: Diluted (in dollars per share) $ 0.10 $ (0.06) $ (0.10) $ 0 $ (0.66) $ 0.24 $ 0.25 $ 0.32 $ (0.05) $ 0.14 $ (0.44)
Weighted average shares outstanding:                      
Basic (in shares) 38,030,344 37,918,452 37,767,519 37,646,122 37,451,145 36,617,961 36,523,011 36,455,712 37,841,874 36,764,290 35,766,892
Diluted (in shares) 38,896,940 37,918,452 37,767,519 38,708,657 37,451,145 37,611,355 37,582,348 37,533,520 37,841,874 37,881,180 35,766,892
Retained Earnings (Accumulated Deficit)                      
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                      
Consolidated net (loss) income                 $ (2,002) $ 5,284 $ (15,702)