Penguin Solutions, Inc. (PENG) income statement
NASDAQ · Technology · Semiconductors · 2,800 employees · CEO Kash Shaikh
- Price
- $51.93 -11.67%
- Market cap
- $2.66B
- Enterprise value
- $2.86B
- Last report
- Q4 '26 filed 2026-10-20
- Next report
- 2027-01-05 EPS est. $1.06
Penguin Solutions, Inc. (PENG) reported revenue of $567M for Q4 '26 (+67.7% year on year), operating income of $69.5M (12.3% of revenue) and net income of $93.2M. Over the last four quarters revenue was $1.73B.
Income statement
| Income statement | Trend | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $274M | $285M | $301M | $311M | $341M | $366M | $324M | $338M | $343M | $343M | $479M | $567M | |
| Cost of revenue | $191M | $203M | $212M | $224M | $243M | $261M | $229M | $241M | $247M | $249M | $345M | $411M | |
| Gross profit | $82.9M | $81.9M | $88.9M | $87.1M | $97.8M | $105M | $95.1M | $96.7M | $95.6M | $93.7M | $133M | $156M | |
| Research & development | $21.4M | $20.5M | $19.7M | $19.9M | $19.8M | $19.9M | $20.2M | $19.9M | $18.7M | $19M | $22M | $22M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $48M | $0 | $59.9M | |
| Other operating expenses | $2.94M | $3.34M | $465K | $325K | $109K | $7.02M | $5.29M | $5.82M | $0 | $1.05M | $963K | $4.49M | |
| Operating expenses | $81.5M | $85.2M | $77.4M | $78.3M | $80.5M | $86.2M | $85.2M | $84.3M | $71.8M | $68M | $82.4M | $86.4M | |
| Operating income | $1.31M | -$3.31M | $11.5M | $8.79M | $17.4M | $18.5M | $9.84M | $12.4M | $23.8M | $25.7M | $50.9M | $69.5M | |
| Interest income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $980K | |
| Interest expense | $9.56M | $7.25M | $6.17M | $5.4M | $4.4M | $2.18M | $573K | $153K | $47K | $721K | $650K | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$576K | $248K | $441K | $21M | $636K | -$209K | -$1.44M | $2.94M | $15.9M | -$28M | -$3.49M | $32M | |
| Total non-operating income | -$8.98M | -$7.5M | -$6.61M | -$26.4M | -$5.03M | -$1.97M | $866K | -$3.09M | -$16M | $27.3M | $2.84M | -$32M | |
| Income before tax | -$7.68M | -$10.8M | $4.9M | -$17.6M | $12.3M | $16.5M | $10.7M | $9.35M | $7.86M | $53M | $53.7M | $37.4M | |
| Income tax | $3.53M | $2.2M | -$1.32M | $6.21M | $6.36M | $7.64M | $7.26M | -$1.2M | $1.81M | $14.4M | $7.52M | -$57.6M | |
| Net income | -$19.9M | -$13.6M | $5.62M | -$24.5M | $5.22M | $8.08M | $2.66M | $9.43M | $5.04M | $37.5M | $44.7M | $93.2M | |
| EPS (basic) | -$0.38 | -$0.26 | $0.11 | -$0.46 | $0.10 | $0.09 | -$0.01 | $0.11 | $0.04 | $0.59 | $0.73 | $1.46 | |
| EPS (diluted) | -$0.38 | -$0.26 | $0.10 | -$0.46 | $0.10 | $0.09 | -$0.01 | $0.10 | $0.04 | $0.58 | $0.68 | $1.29 | |
| Shares (basic, weighted) | 52.1M | 52M | 52.6M | 53.1M | 53.5M | 53.5M | 53.1M | 52.6M | 52.9M | 52.3M | 52.3M | 55.6M | |
| Shares (diluted, weighted) | 52.1M | 52M | 54.3M | 53.1M | 54.3M | 54.4M | 53.7M | 54.4M | 55M | 53.2M | 53.2M | 64M | |
| Depreciation & amortization | $17.7M | $17.1M | $15.5M | $15.4M | $15M | $14M | $14M | $13.2M | $12.8M | $12.8M | $12.3M | $12.3M | |
| EBITDA | $19.5M | $13.6M | $26.6M | $3.2M | $31.7M | $32.7M | $25.3M | $22.7M | $20.7M | $66.4M | $66.7M | $49.7M |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $761M | $1.29B | $1.21B | $1.12B | $1.06B | $1.4B | $1.44B | $1.17B | $1.37B | $1.73B | |
| Cost of revenue | $599M | $997M | $974M | $906M | $818M | $1B | $1.03B | $828M | $975M | $1.25B | |
| Gross profit | $162M | $292M | $238M | $216M | $238M | $391M | $415M | $343M | $394M | $479M | |
| Research & development | $38.2M | $39.8M | $47.9M | $52.1M | $59.9M | $77.5M | $90.6M | $81.5M | $79.8M | $81.7M | |
| Sales & marketing | $0 | $0 | $0 | $3.49M | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $69.8M | $84.5M | $103M | $120M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | $457K | -$3M | -$2.7M | $0 | $35.6M | $41.6M | $55.1M | $9.2M | $2.1M | $11.2M | |
| Operating expenses | $108M | $121M | $148M | $175M | $254M | $324M | $406M | $325M | $320M | $313M | |
| Operating income | $53.9M | $170M | $89.1M | $41.3M | -$15.7M | $67.2M | $8.75M | $18.3M | $74.2M | $166M | |
| Interest expense | $29.2M | $19.1M | $20.7M | $15M | $17.1M | $24.3M | $36.4M | $28.4M | $7.31M | $438K | |
| Other non-operating income (gains on investments, FX ...) | $22.6M | $13.3M | $2.16M | $17M | -$582K | $350K | $11.8M | $21.1M | $18M | $13.2M | |
| Total non-operating income | -$51.8M | -$32.4M | -$22.9M | -$32M | -$16.6M | -$24.7M | -$48.3M | -$49.5M | -$25.3M | -$13.7M | |
| Income before tax | $2.12M | $138M | $66.2M | $9.36M | -$32.3M | $42.5M | -$39.5M | -$31.2M | $48.9M | $152M | |
| Income tax | $9.91M | $18.3M | $14.9M | $10.5M | $9.69M | $18.1M | -$49.2M | $10.6M | $20.1M | -$33.9M | |
| Net income | -$7.8M | $119M | $51.3M | -$1.14M | $21.3M | $66.6M | -$188M | -$52.5M | $21.6M | $181M | |
| EPS (basic) | -$0.24 | $2.71 | $1.12 | -$0.03 | $0.44 | $1.35 | -$3.78 | -$1.00 | $0.29 | $2.85 | |
| EPS (diluted) | -$0.24 | $2.59 | $1.10 | -$0.03 | $0.42 | $1.22 | -$3.78 | -$1.00 | $0.28 | $2.60 | |
| Shares (basic, weighted) | 31.6M | 44.1M | 45.9M | 48M | 48.6M | 49.5M | 49.6M | 52.4M | 53.2M | 53M | |
| Shares (diluted, weighted) | 31.6M | 46.2M | 46.9M | 48M | 51.6M | 54.4M | 51.3M | 52.4M | 54.4M | 58.8M | |
| Depreciation & amortization | $33.2M | $26.2M | $29.2M | $36.4M | $34.9M | $46.7M | $71.6M | $65.7M | $56.2M | $50.2K | |
| EBITDA | $64.6M | $183M | $116M | $60.8M | $19.8M | $113M | $68.5M | $62.9M | $112M | $152M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-08-28, 10-Q 2026-05-29, 10-Q 2026-02-27, 10-Q 2025-11-28, 10-K 2025-08-29, 10-Q 2025-05-30, 10-Q 2025-02-28, 10-Q 2024-11-29, 10-K 2024-08-30
Data as of 2026-11-02