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Penguin Solutions PENG Service — Total Net Sales

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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:
Products$414,166$258,735$938,199$830,474
Services63,71565,516192,649200,398
Related party83233,935
Total net sales478,713324,2511,164,7831,030,872
Cost of sales:
Products313,041200,081751,337648,828
Services32,45829,08790,42184,501

Item 1. Financial Statements

FAQ

What is Penguin Solutions's service — total net sales?
Penguin Solutions (PENG) reported service — total net sales of $63.72M in Q1 2026.
How has Penguin Solutions's service — total net sales changed year-over-year?
Penguin Solutions's service — total net sales decreased by 2.7% year-over-year, from $65.52M to $63.72M.
What is the long-term trend for Penguin Solutions's service — total net sales?
Over 4 years (2021 to 2025), Penguin Solutions's service — total net sales has grown at a 28.7% compound annual growth rate (CAGR), from $96.24M to $263.71M.
What does service — total net sales mean?
This metric represents the total revenue generated from the provision of services within a specific business segment, excluding returns, allowances, and discounts. It reflects the market demand and the company's ability to monetize its service-based offerings, such as technical support, maintenance, or specialized consulting. Tracking this figure helps investors assess the growth trajectory and revenue contribution of the service component relative to the company's core product sales.

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