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Penguin Solutions PENG Operating Income

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Segments

By segment

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Integrated Memory$27.66M+152%
Advanced Computing$7.29M-80.3%
Optimized LED$4.52M+281%

Other financials

Income statement

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Revenue$478.7M+47.6%
Gross profit$133.2M+40.1%
Net income$44.7M+1,579%
EPS (diluted)$0.68+6,900%

Balance sheet

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Cash & equivalents$440.3M-38.0%
Total debt$508.7M-30.2%
Total equity$439.1M-24.9%
Total assets$2.2B+21.5%

Cash flow

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Operating cash flow$55.0M-24.6%
CapEx$2.8M+48.3%
Free cash flow$53.3M-24.4%

Valuation

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Market cap$2.88B+140%
Enterprise value$2.95B+125%
P/E29.8×
P/S1.9×+1.0×

Profitability

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Gross margin27.9%-0.7pp
Operating margin7.2%+3.2pp
Net margin6.5%+6.0pp
FCF margin8.9%+4.5pp

Returns & leverage

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Return on equity18.9%+17.5pp
Debt / equity0.6×-0.6×
Current ratio1.5×-1.1×

Where this comes from

Reported directly by Penguin Solutions in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Penguin Solutions’s 10-Q, filed July 7, 2026.

Filed
Jul 7, 2026, 4:35 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001616533-26-000043
Line itemThree Months Ended / May 29,2026Three Months Ended / May 30,2025Nine Months Ended / May 29,2026Nine Months Ended / May 30,2025
Impairment of goodwill5,29411,373
Other operating expense9636,753968
Total operating expenses82,35185,240226,891251,856
Operating income50,8639,84396,13445,687
Non-operating (income) expense:
Interest expense, net6505731,4187,152
Other non-operating income(3,485)(1,439)(19,793)(1,012)
Total non-operating (income) expense(2,835)(866)(18,375)6,140

Item 1. Financial Statements

FAQ

What is Penguin Solutions's operating income?
Penguin Solutions (PENG) reported operating income of $50.86M in Q1 2026.
How has Penguin Solutions's operating income changed year-over-year?
Penguin Solutions's operating income increased by 416.7% year-over-year, from $9.84M to $50.86M.
What is the long-term trend for Penguin Solutions's operating income?
Over 4 years (2021 to 2025), Penguin Solutions's operating income has grown at a 38.7% compound annual growth rate (CAGR), from -$15.71M to $58.14M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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