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Penguin Solutions PENG Integrated Memory — Total Net Sales

Other segment segments

Advanced Computing
$137.58M+3.8%
Optimized LED
$66.06M+7.2%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Net sales:
Advanced Computing$137,583$132,498$404,750$510,081
Integrated Memory275,067130,124583,217332,090
Optimized LED66,06361,629176,816188,701
Total net sales$478,713$324,251$1,164,783$1,030,872
Costs of Goods Sold
Advanced Computing$101,110$75,064$279,283$321,102
Integrated Memory192,565102,839425,815258,529

Item 1. Financial Statements

FAQ

What is Penguin Solutions's integrated memory — total net sales?
Penguin Solutions (PENG) reported integrated memory — total net sales of $275.07M in Q1 2026.
How has Penguin Solutions's integrated memory — total net sales changed year-over-year?
Penguin Solutions's integrated memory — total net sales increased by 111.4% year-over-year, from $130.12M to $275.07M.
What is the long-term trend for Penguin Solutions's integrated memory — total net sales?
Over 3 years (2022 to 2025), Penguin Solutions's integrated memory — total net sales has grown at a -5.6% compound annual growth rate (CAGR), from $551.71M to $464.25M.
What does integrated memory — total net sales mean?
The total revenue generated from the sale of memory and computing technology products within the Integrated Memory segment after deductions for returns, allowances, and discounts. This metric serves as the primary indicator of market demand and the segment's ability to capture share in enterprise and OEM markets. Growth in this figure reflects successful product adoption and effective pricing strategies.

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