← Penumbra Inc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $14.8m | $4.7m | $6.6m | $48.5m | ($15.7m) | $5.3m | ($2.0m) | $91.0m | $14.0m | $177.7m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $14.8m | $4.7m | $2.9m | $47.0m | ($19.3m) | $2.6m | ($2.0m) | $91.0m | $14.0m | $177.7m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $4.7m | $2.9m | $47.0m | ($19.3m) | $2.6m | ($2.0m) | $91.0m | $14.0m | $177.7m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $6.1m | $6.0m | $47.0m | ($19.3m) | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | ($3.7m) | ($1.5m) | ($3.6m) | ($2.7m) | $0 | $0 | — | — | |
| Depreciation, Depletion and Amortization | $2.3m | $3.8m | $6.2m | $8.1m | $12.9m | $16.4m | $24.3m | $27.3m | $23.7m | $17.5m | |
| Amortization of Intangible Assets | — | $400k | $1.1m | $1.1m | $1.1m | $2.9m | $9.2m | $10.2m | $5.5m | $712k | |
| Deferred Income Tax Expense (Benefit) | ($12.9m) | ($4.6m) | ($6.6m) | $1.4m | ($19.7m) | ($15.0m) | $1.1m | ($25.1m) | ($16.3m) | $21.0m | |
| Share-based Payment Arrangement, Noncash Expense | $14.6m | $17.8m | $18.4m | $21.5m | $25.5m | $65.8m | $37.4m | $50.5m | $46.2m | $59.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $2.6m | $11.7m | $17.7m | $18.5m | $10.1m | $15.8m | $8.0m | $2.1m | $1.5m | $2.5m | |
| Share-based Payment Arrangement, Expense | $14.6m | $17.8m | $18.4m | $21.5m | $25.5m | $65.8m | $37.4m | $50.5m | $46.2m | $59.2m | |
| Goodwill, Impairment Loss | — | $0 | $0 | — | — | — | — | — | — | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $0 | — | $2.5m | $0 | $0 | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($143k) | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | ($1.4m) | ($3.1m) | $0 | $0 | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($15.7m) | ($3.6m) | ($4.4m) | $3.1m | ($18.8m) | ($13.1m) | $5.9m | ($11.3m) | $6.9m | $27.4m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $1.4m | $1.3m | |
| Other Nonoperating Income (Expense) | ($1.8m) | ($1.3m) | ($504k) | ($227k) | ($343k) | ($3.9m) | ($2.3m) | $1.0m | ($682k) | $893k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $14.6m | $9.1m | $25.8m | $25.0m | $8.3m | $21.3m | $69.9m | $266k | ($26.6m) | $19.5m | |
| Increase (Decrease) in Inventories | $19.7m | $18.8m | $22.3m | $41.4m | $57.0m | $51.6m | $74.6m | $67.7m | $65.7m | $26.5m | |
| Increase (Decrease) in Accounts Payable | $1.4m | $1.9m | $1.3m | $6.0m | ($308k) | ($1.6m) | $13.4m | $1.1m | $4.2m | $3.1m | |
| Proceeds from Stock Options Exercised | $3.2m | $5.0m | $5.1m | $4.1m | $5.2m | $4.7m | $7.8m | $5.5m | $1.9m | $15.4m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($700k) | ($1.0m) | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | $900k | ($800k) | $0 | ($500k) | ($3.2m) | $1.8m | $100k | ($300k) | |
| Goodwill | — | $8.2m | $7.8m | $7.7m | $8.4m | $166.4m | $166.0m | $166.3m | $165.8m | $166.8m | |
| Inventory Write-down | $2.7m | $1.0m | $1.7m | $4.4m | $10.6m | $2.8m | $3.4m | $6.2m | $43.7m | $5.8m | |
| Investment Income, Interest | — | — | — | — | — | — | — | $6.8m | $13.7m | $16.3m | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | $6.1m | $11.6m | $15.9m | |
| Operating Expenses | $172.2m | $216.0m | $293.4m | $324.5m | $377.1m | $482.9m | $529.1m | $609.1m | $745.7m | $753.2m | |
| Net Cash Provided by (Used in) Operating Activities | ($12.8m) | $12.7m | $28.8m | $26.7m | ($33.2m) | $9.5m | ($55.7m) | $97.3m | $168.5m | $238.7m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $13.6m | $12.5m | $9.6m | $22.1m | $24.8m | $21.2m | $19.3m | $15.2m | $21.2m | $63.7m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $9.3m | $20.4m | $0 | $0 | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $2.0m | $3.1m | $400k | $0 | $500k | ($1.1m) | $0 | |
| Net Cash Provided by (Used in) Investing Activities | $687k | ($77.7m) | ($385k) | ($12.7m) | ($104.1m) | ($21.7m) | $54.8m | ($16.1m) | $77.6m | ($404.6m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $64.7m | $112.8m | $127.1m | $90.6m | $68.8m | $121.7m | $72.9m | $82.6m | $130.6m | $13.0m | |
| Proceeds from Issuance of Common Stock | $6.6m | $106.3m | $0 | $0 | $134.8m | $0 | $0 | $14.9m | $15.3m | $16.4m | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $0 | $0 | $100.4m | $0 | |
| Proceeds from Noncontrolling Interests | — | — | $500k | $800k | $0 | $0 | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | ($2.2m) | ($250k) | ($137k) | ($155k) | ($61k) | ($256k) | |
| Net Cash Provided by (Used in) Financing Activities | $7.1m | $104.4m | ($9.8m) | ($9.0m) | $134.9m | $836k | $11.6m | $16.2m | ($87.0m) | $26.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($53k) | ($635k) | $1.1m | ($272k) | $168k | ($2.2m) | $1.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.3m) | ($2.0m) | ($1.4m) | $4.9m | ($3.1m) | ($10.3m) | $10.5m | $97.6m | $156.9m | ($137.5m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $72.8m | $69.7m | $59.4m | $69.9m | $167.5m | $324.4m | $186.9m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $15.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.