Penumbra Inc (PEN)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	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, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	14,012	34,547	14,234	93,394	90,954	40,613	29,128	6,481	-2,002	-30,512	-19,391	-6,473	5,284	33,565	15,900	-5,291	-15,702	-9,661	10,637	39,185
Revenue (ttm)	US$ in thousands	1,194,615	1,163,776	1,133,683	1,095,779	1,058,522	995,059	937,791	884,636	847,133	829,928	806,367	782,281	747,590	710,477	671,436	592,287	560,412	538,777	527,203	556,295
Net profit margin		1.17%	2.97%	1.26%	8.52%	8.59%	4.08%	3.11%	0.73%	-0.24%	-3.68%	-2.40%	-0.83%	0.71%	4.72%	2.37%	-0.89%	-2.80%	-1.79%	2.02%	7.04%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $14,012K ÷ $1,194,615K
= 1.17%

Net profit margin is a key financial metric that reflects the percentage of revenue that translates into net income after all expenses have been deducted. Analysing the net profit margin trend of Penumbra Inc from March 31, 2020, to December 31, 2024, reveals fluctuations in profitability over time.

The data shows that Penumbra Inc experienced a fluctuating net profit margin over the period, with positive margins in some quarters and negative margins in others. The net profit margin ranged from a low of -3.68% on September 30, 2022, to a high of 8.59% on December 31, 2023.

The trend indicates that Penumbra Inc faced challenges in maintaining profitability, as evidenced by the negative margins in several quarters. However, there were also periods of improvement, such as the increasing trend from March 31, 2023, to December 31, 2023, where the net profit margin showed steady growth.

Overall, a fluctuating net profit margin suggests variability in the company's ability to control costs and generate profits. Further analysis of the underlying factors influencing these fluctuations, such as changes in revenue, expenses, or operational efficiency, would be necessary to gain a comprehensive understanding of Penumbra Inc's financial performance.