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Penguin Solutions PENG Operating Lease ROU Assets

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Other financials

Income statement

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Revenue$478.7M+47.6%
Gross profit$133.2M+40.1%
Operating income$50.9M+417%
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:OperatingLeaseRightOfUseAsset.

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
As ofMay 29,2026August 29,2025
Other current assets85,86647,387
Total current assets1,728,7541,064,227
Property and equipment, net85,20992,603
Operating lease right-of-use assets55,51558,847
Intangible assets, net66,53687,754
Goodwill145,895145,895
Deferred tax assets98,78999,107
Other noncurrent assets10,33668,767

Item 1. Financial Statements

FAQ

What is Penguin Solutions's operating lease ROU assets?
Penguin Solutions (PENG) reported operating lease ROU assets of $55.52M in Q1 2026.
How has Penguin Solutions's operating lease ROU assets changed year-over-year?
Penguin Solutions's operating lease ROU assets decreased by 10.2% year-over-year, from $61.85M to $55.52M.
What is the long-term trend for Penguin Solutions's operating lease ROU assets?
Over 4 years (2021 to 2025), Penguin Solutions's operating lease ROU assets has grown at a 9.5% compound annual growth rate (CAGR), from $40.87M to $58.85M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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