Penguin Solutions PENG Advanced Computing — Depreciation expense

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FAQ

What is Penguin Solutions's advanced computing — depreciation expense?

Penguin Solutions (PENG) reported advanced computing — depreciation expense of $1.85M in Q1 2026.

How has Penguin Solutions's advanced computing — depreciation expense changed year-over-year?

Penguin Solutions's advanced computing — depreciation expense decreased by 9.0% year-over-year, from $2.03M to $1.85M.

What is the long-term trend for Penguin Solutions's advanced computing — depreciation expense?

Over 3 years (2022 to 2025), Penguin Solutions's advanced computing — depreciation expense has grown at a 17.8% compound annual growth rate (CAGR), from $4.66M to $7.62M.

What does advanced computing — depreciation expense mean?

The systematic allocation of the cost of tangible assets used by the Advanced Computing segment over their estimated useful lives. This non-cash expense reflects the wear and tear or obsolescence of manufacturing equipment and infrastructure used in the segment's operations.