One of the economically important species is Penaeus kerathurus (Forskal, 1755), which is widespread in the Mediterranean ecosystem. This paper presents results of research on reproductive biology of Penaeus kerathurus in the Sea of Marmara. A total of 1404 specimens were dissected to determine the maturity stages, reproduction time, and length at first reproduction. The female-to-male ratio was 1:0.9. A high percentage of mature females was determined in April, May and July. Moreover, the value of the gonadosomatic index (GSI) decreased after July. The spawning period was observed between April and July, and its intensity increased in July. The carapace length at first sexual maturity was determined to be 39 mm.