Penumbra Inc
Close on Oct 19, 2026
- Market cap
- $12.76B
- P/E (TTM)
- 79.2
- Dividend yield
- –
About Penumbra
Surgical & Medical Instruments & Apparatus, SIC 3841
Penumbra develops and manufactures medical devices designed to address challenging vascular conditions throughout the body, operating as a single segment focused on thrombectomy, embolization, and access solutions. The company's thrombectomy portfolio includes computer-assisted vacuum aspiration systems, continuous aspiration mechanical catheters, and reperfusion devices used to treat ischemic stroke, pulmonary embolism, deep vein thrombosis, and acute limb ischemia. In addition, it produces peripheral and neurovascular embolization devices, such as detachable coils and occlusion systems, alongside guide and intermediate access catheters and neurosurgical evacuation tools. Penumbra primarily sells these products directly to healthcare providers and hospital systems for use by specialist physicians, including interventional radiologists, neuroradiologists, vascular surgeons, neurosurgeons, and interventional cardiologists.
The enterprise maintains direct commercial sales forces across the United States, Canada, Australia, Singapore, and most European nations, supplemented by independent distributors in other international territories and a licensing partner in China. It conducts research, development, and manufacturing operations in Alameda and Roseville, California.
Summary of the business section of Penumbra's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Penumbra Inc
- Founded
- 2004
- Headquarters
- Alameda, CA
- Address
- One Penumbra Place 94502
- Phone
- (510) 995-2486
- Website
- www.penumbrainc.com
- Employees
- 4,700, Dec 31, 2025
- Industry
- Surgical & Medical Instruments & Apparatus
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, San Francisco, California
Stock & identifiers
- Ticker
- PEN
- Exchange
- NYSE
- IPO date
- Sep 18, 2015
- Shares outstanding
- 39M, Jul 14, 2026
- Public float
- $9.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1321732
- CUSIP
- 70975L107
- ISIN
- US70975L1070
- LEI
- 549300RGE06P3ECANU72
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Adam Elsesser | CEO, Director | 865,502 |
| Shruthi Narayan | President | 32,650 |
| Lambert Shiu | Chief Accounting Officer | 39,623 |
| Maggie Yuen | Chief Financial Officer | 18,167 |
| Johanna Roberts | EVP, Gen. Counsel & Secretary | 67,298 |
| Harpreet Grewal | Director | 8,719 |
| Thomas Wilder | Director | 5,095 |
| Bridget O'Rourke | Director | 5,962 |
| Arani Bose | Director | 259,609 |
| Janet Leeds | Director | 6,639 |
| Surbhi Sarna | Director | 4,293 |
| Don W. Kassing | Director | 9,909 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Adam Elsesser | $851.62K | $851.62K | $2.85M | $178 | $78 |
| FY2024 Adam Elsesser | $630.47K | $630.47K | $1.84M | $136 | $78 |
| FY2023 Adam Elsesser | $601.62K | $601.62K | $622.62K | $144 | $74 |
| FY2022 Adam Elsesser | $601.62K | $601.62K | $1.78M | $127 | $79 |
| FY2021 Adam Elsesser | $497.79K | $497.79K | $1.31M | $164 | $103 |
| FY2020 Adam Elsesser | $219.03K | $219.03K | $475.77K | $107 | $133 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 4,700 employees worldwide.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 1, 2026 | Merger vote | Definitive merger proxy statement |
| Mar 21, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 7, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 4, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 10, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 18, 2015 | IPO | Initial public offering priced (424B4 prospectus) |
| Sep 15, 2015 | Listing | Registration of securities on an exchange (Form 8-A) |