Based on the latest public reports, the U.S. Mint produced approximately 3.2 billion pennies in fiscal year 2024. This was the final full year of circulating penny production, with the penny accounting for about 57% of total coin production that year. The production cost for pennies in 2024 ran around 3.69 cents per penny, leading to a financial loss to taxpayers for that year. If you’d like, I can pull together a few reputable sources or compare this with earlier years for context.