Penumbra gross margin for the quarter ending March 31, 2025 was 63.71%.
Penumbra average gross margin for 2024 was 63.39%, a 0.38% increase from 2023.
Penumbra average gross margin for 2023 was 63.63%, a 1.24% decline from 2022.
Penumbra average gross margin for 2022 was 62.85%, a 0.98% increase from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.