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Penumbra PEN Proceeds from lease incentives

Discontinued — last reported Q4 '25

Proceeds from lease incentives at other companies

Omega Healthcare Investors logo
Omega Healthcare InvestorsOHI
$9.75M+4,285%
UDR logo
UDRUDR
$3.19M+2.0%
CACI International logo
CACI InternationalCACI
$2.72M+171%
Texas Roadhouse logo
Texas RoadhouseTXRH
$10.45M
First Citizens BancShares logo
First Citizens BancSharesFCNCA
$55M-12.7%
Exelixis logo
ExelixisEXEL
$5.99M-1.7%

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 pen:IncreaseDecreaseInLeaseIncentives.

The official record: Penumbra’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Penumbra's proceeds from lease incentives?
Penumbra (PEN) reported proceeds from lease incentives of $0 in Q4 2025.
What is the long-term trend for Penumbra's proceeds from lease incentives?
Over 3 years (2021 to 2025), Penumbra's proceeds from lease incentives has grown at a -100.0% compound annual growth rate (CAGR), from $3.71M to $0.
What does proceeds from lease incentives mean?
Cash received from lessors as an incentive for signing a lease.
How do you interpret proceeds from lease incentives?
An increase represents a cash inflow, typically associated with new facility expansion or lease renewals.
How does proceeds from lease incentives compare across companies?
Common in capital-intensive industries with significant real estate footprints.