Penguin Solutions, Inc.
Financial highlights
| Metric | FY 08/29/25 | FY 08/30/24 | FY 08/25/23 | FY 08/26/22 | FY 08/27/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.4B | $1.2B | $1.4B | $1.4B | $1.1B |
| Cost of revenue | $974.5M | $830.0M | $1.0B | $1.0B | $817.6M |
| Gross profit | $394.3M | $340.8M | $415.2M | $391.0M | $238.0M |
| Selling, general & administrative | $238.2M | $233.9M | $260.7M | $204.8M | $158.2M |
| Research and development | $79.8M | $81.5M | $90.6M | $77.5M | $59.9M |
| Operating expenses | $336.1M | $322.5M | $406.4M | $323.9M | $253.7M |
| Operating income | $58.1M | $18.3M | $8.7M | $67.2M | -$15.7M |
| Pretax income | $48.9M | -$31.2M | -$39.5M | $42.5M | -$32.3M |
| Income tax expense | $20.1M | $10.6M | -$49.2M | $18.1M | $9.7M |
| Net income | $25.4M | -$52.5M | -$187.5M | $66.6M | $21.3M |
| Balance Sheet | |||||
| Cash and equivalents | $453.8M | $383.1M | $365.6M | $313.3M | $223.0M |
| Current assets | $1.1B | $867.7M | $907.4M | $1.2B | $950.8M |
| Total assets | $1.6B | $1.5B | $1.5B | $1.6B | $1.3B |
| Current liabilities | $473.9M | $327.6M | $426.2M | $515.5M | $583.8M |
| Total liabilities | $1.0B | $1.1B | $1.3B | $1.2B | $1.0B |
| Stockholders' equity | $394.2M | $391.4M | $222.5M | $371.6M | $310.3M |
| Cash Flow Statement | |||||
| Cash from operations | $109.1M | $77.2M | $104.4M | $104.9M | $153.3M |
| Depreciation and amortization | $56.2M | $65.7M | $71.6M | $46.7M | $34.9M |
| Stock-based compensation | $41.2M | $43.2M | $39.2M | $37.3M | $31.0M |
| Capital expenditure | $9.0M | $19.4M | $39.4M | $20.4M | $16.7M |
| Free cash flow | $100.1M | $57.8M | $65.0M | $84.6M | $136.7M |
| Share repurchases | $52.3M | $21.3M | $24.7M | $57.2M | $48.5M |
| Impairments | $16.1M | $0 | $19.1M | $0 | $0 |
Shares outstanding 50.7M · Free float 85.0%
Annual filing data through FY ended August 29, 2025; float as of July 14, 2026.