Penny Arcade is a webcomic focused on video games and gaming culture, written by Jerry Holkins and illustrated by Mike Krahulik. The comic debuted in 1998 on the website loonygames. Since then, Holkins and Krahulik have established their own site, which is typically updated with a new comic strip each Monday, Wednesday, and Friday.

The comics are accompanied by regular updates on the site's blog. Penny Arcade is among the most popular gaming webcomics currently online. Holkins and Krahulik are among the few and first webcomic creators successful enough to make a living from their work.

In addition to the comic, Penny Arcade also hosts Child's Play, a children's charity, and an annual gaming convention known as PAX. The strip features Holkins' and Krahulik's cartoon alter egos, Tycho Brahe and John Gabriel ("Gabe") respectively. While often borrowing from the authors' experiences, Holkins and Krahulik do not treat them as literal avatars or caricatures of themselves.

The two characters spend much of their time playing and commenting on computer and video games, which forms the basis of the humor in the strip. Most of the time, Gabe serves the purpose of the comic, and Tycho the comic foil. The strip can feature in-jokes that are explained in the news posts accompanying each comic, written by the authors.

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