PENG
Penguin Solutions, Inc.
NASDAQ: PENG · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES
$28.51
+1.39% today
Updated 2026-04-29
Market cap
$1.50B
P/E ratio
40.73
P/S ratio
1.11x
EPS (TTM)
$0.70
Dividend yield
—
52W range
$16 – $31
Volume
1.3M
Penguin Solutions, Inc. (PENG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $643.47M | $534.42M | $761.29M | $1.29B | $1.21B | $1.12B | $1.06B | $1.40B | $1.44B | $1.17B | $1.37B |
| Revenue growth (YoY) | — | -16.9% | +42.5% | +69.3% | -6.0% | -7.4% | -6.0% | +32.2% | +3.3% | -18.8% | +16.9% |
| Cost of revenue | $512.03M | $427.49M | $599.04M | $997.24M | $974.47M | $905.98M | $817.56M | $1.00B | $1.03B | $827.88M | $974.52M |
| Gross profit | $131.44M | $106.93M | $162.25M | $291.59M | $237.53M | $216.40M | $237.97M | $391.05M | $415.17M | $342.91M | $394.27M |
| Gross margin | 20.4% | 20.0% | 21.3% | 22.6% | 19.6% | 19.3% | 22.5% | 28.0% | 28.8% | 29.3% | 28.8% |
| R&D | $43.74M | $38.12M | $38.16M | $39.82M | $47.92M | $52.06M | $59.93M | $77.47M | $90.56M | $81.54M | $79.80M |
| SG&A | $93.26M | $61.50M | $69.76M | $84.54M | $103.23M | $119.52M | $158.17M | $204.84M | $260.72M | $233.88M | $238.18M |
| Operating income | $-6.71M | $6.18M | $53.87M | $170.22M | $89.08M | $41.33M | $-15.71M | $67.18M | $8.74M | $18.30M | $74.20M |
| Operating margin | -1.0% | 1.2% | 7.1% | 13.2% | 7.3% | 3.7% | -1.5% | 4.8% | 0.6% | 1.6% | 5.4% |
| EBITDA | $37.90M | $39.54M | $64.56M | $183.10M | $116.13M | $60.79M | $19.81M | $113.49M | $68.54M | $62.93M | $112.42M |
| EBITDA margin | 5.9% | 7.4% | 8.5% | 14.2% | 9.6% | 5.4% | 1.9% | 8.1% | 4.8% | 5.4% | 8.2% |
| EBIT | $-12.24M | $8.06M | $31.32M | $156.92M | $86.92M | $24.36M | $-15.12M | $66.83M | $-3.09M | $-2.79M | $56.21M |
| Interest expense | $27.56M | $25.57M | $29.20M | $19.14M | $20.72M | $15.00M | $17.14M | $24.34M | $36.42M | $28.38M | $7.30M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-46.45M | $-19.96M | $-7.79M | $119.46M | $51.33M | $-1.14M | $21.31M | $66.56M | $-187.53M | $-52.47M | $21.58M |
| Net income growth (YoY) | — | +57.0% | +60.9% | +1632.6% | -57.0% | -102.2% | +1964.4% | +212.3% | -381.8% | +72.0% | +141.1% |
| Profit margin | -7.2% | -3.7% | -1.0% | 9.3% | 4.2% | -0.1% | 2.0% | 4.8% | -13.0% | -4.5% | 1.6% |