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Penguin Solutions PENG Optimized LED — Total Net Sales

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Integrated Memory
$275.07M+111%
Advanced Computing
$137.58M+3.8%

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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 optimized LED — total net sales?
Penguin Solutions (PENG) reported optimized LED — total net sales of $66.06M in Q1 2026.
How has Penguin Solutions's optimized LED — total net sales changed year-over-year?
Penguin Solutions's optimized LED — total net sales increased by 7.2% year-over-year, from $61.63M to $66.06M.
What is the long-term trend for Penguin Solutions's optimized LED — total net sales?
Over 3 years (2022 to 2025), Penguin Solutions's optimized LED — total net sales has grown at a -14.0% compound annual growth rate (CAGR), from $403.19M to $256.13M.
What does optimized LED — total net sales mean?
Represents the total revenue generated from the sale of specialized LED products and lighting solutions within the business segment. This metric reflects the market demand and pricing power for the company's lighting technology offerings. It serves as a primary indicator of the segment's top-line growth and market penetration.

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