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Penguin Solutions PENG Integrated Memory — Depreciation expense

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Other financials

Income statement

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Revenue$343.0M-6.2%
Gross profit$93.7M-10.5%
Operating income$25.7M+38.9%
Net income$37.5M+363%
EPS (diluted)$0.58+544%

Balance sheet

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Cash & equivalents$489.2M-21.3%
Total debt$509.6M-29.5%
Total equity$394.8M-34.5%
Total assets$1.7B-3.4%

Cash flow

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Operating cash flow$55.0M-24.6%
CapEx$1.6M-31.3%
Free cash flow$53.3M-24.4%

Valuation

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Market cap$3.4B+2.8%

Profitability

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Gross margin28.3%-0.4pp
Operating margin5%+0.8pp
Net margin4.1%+3.7pp
FCF margin8.9%+4.5pp

Returns & leverage

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Return on equity11%+10.1pp
Debt / equity1.3×+0.1×
Current ratio2.1×-0.5×

Where this comes from

Reported directly by Penguin Solutions in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Penguin Solutions’s 10-Q, filed April 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Penguin Solutions's integrated memory — depreciation expense?
Penguin Solutions (PENG) reported integrated memory — depreciation expense of $892K in Q4 2025.
How has Penguin Solutions's integrated memory — depreciation expense changed year-over-year?
Penguin Solutions's integrated memory — depreciation expense decreased by 5.8% year-over-year, from $947K to $892K.
What is the long-term trend for Penguin Solutions's integrated memory — depreciation expense?
Over 2 years (2022 to 2024), Penguin Solutions's integrated memory — depreciation expense has grown at a -15.8% compound annual growth rate (CAGR), from $5.47M to $3.87M.
What does integrated memory — depreciation expense mean?
The systematic allocation of the cost of tangible assets, such as manufacturing equipment and facilities, used by the Integrated Memory segment over their estimated useful lives. This non-cash expense reflects the wear and tear of capital investments required to maintain production capacity. Analyzing this metric helps investors understand the capital intensity and reinvestment needs of the segment.