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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenue $ 213,678 $ 190,117 $ 625,917 $ 543,579
Cost of revenue 78,351 70,205 229,137 193,644
Gross profit 135,327 119,912 396,780 349,935
Operating expenses:        
Research and development 21,320 16,734 61,443 52,548
Sales, general and administrative 108,573 94,397 334,088 264,831
Total operating expenses 129,893 111,131 395,531 317,379
Income from operations 5,434 8,781 1,249 32,556
Interest (expense) income, net (43) 138 (162) 917
Other expense, net (2,356) (1,137) (4,323) (3,021)
Income (loss) before income taxes 3,035 7,782 (3,236) 30,452
Provision for (benefit from) income taxes 5,306 (249) 2,643 3,196
Consolidated net (loss) income (2,271) 8,031 (5,879) 27,256
Net loss attributable to non-controlling interest 0 (819) 0 (2,661)
Net (loss) income attributable to Penumbra, Inc. $ (2,271) $ 8,850 $ (5,879) $ 29,917
Net (loss) income attributable to Penumbra, Inc. per share:        
Basic (in dollars per share) $ (0.06) $ 0.24 $ (0.16) $ 0.82
Diluted (in dollars per share) $ (0.06) $ 0.24 $ (0.16) $ 0.80
Weighted average shares outstanding:        
Basic (in shares) 37,918,452 36,617,961 37,778,362 36,532,822
Diluted (in shares) 37,918,452 37,611,355 37,778,362 37,592,095