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Penumbra PEN Change in AR

Change in AR at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
$595M-35.7%
Stryker logo
StrykerSYK
-$444M-208%
Boston Scientific logo
Boston ScientificBSX
$117M+9.3%

Other financials

Income statement

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Revenue$374.8M+15.6%
Gross profit$253.4M+17.4%
Operating income$38.2M-5.2%
Net income$32.6M-16.9%
EPS (diluted)$0.82-18.0%

Balance sheet

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Cash & equivalents$241.3M-35.8%
Total debt$216.2M-2.0%
Total equity$1.5B+21.5%
Total assets$1.9B+19.2%

Cash flow

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Operating cash flow$87.0M+77.6%
CapEx$13.7M+1.5%
Free cash flow$73.3M+106%

Valuation

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Market cap$12.48B+25.1%
Enterprise value$12.45B+26.8%
P/E72.9×-163×
P/S8.6×+0.5×

Profitability

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Gross margin67.4%+3.7pp
Operating margin12.9%+9.8pp
Net margin11.8%+8.4pp
FCF margin14.6%+2.5pp

Returns & leverage

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Return on equity12.7%+9.2pp
Debt / equity0.1×0.0×
Current ratio-0.3×

Where this comes from

Reported directly by Penumbra in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsReceivable.

The official record: Penumbra’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Penumbra's change in AR?
Penumbra (PEN) reported change in AR of -$5.54M in Q1 2026.
How has Penumbra's change in AR changed year-over-year?
Penumbra's change in AR decreased by 920.6% year-over-year, from -$543K to -$5.54M.
What is the long-term trend for Penumbra's change in AR?
Over 2 years (2022 to 2025), Penumbra's change in AR has grown at a -47.1% compound annual growth rate (CAGR), from $69.86M to $19.51M.
What does change in AR mean?
The change in the amount of money customers owe the company for past purchases.
How do you interpret change in AR?
A consistent increase relative to revenue may signal collection issues or aggressive sales tactics, while a decrease suggests efficient cash collection.
How does change in AR compare across companies?
Standard metric for all B2B companies; peers in the medical device industry typically manage this based on hospital payment cycles.