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Penguin Solutions PENG Total Cost of Revenue

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Segments

By product

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Service$32.46M+11.6%

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:CostOfGoodsAndServicesSold.

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
Cost of sales:
Products313,041200,081751,337648,828
Services32,45829,08790,42184,501
Total cost of sales345,499229,168841,758733,329
Gross profit133,21495,083323,025297,543
Operating expenses:
Research and development21,98420,22259,65359,940
Selling, general and administrative59,40459,724160,485179,575

Item 1. Financial Statements

FAQ

What is Penguin Solutions's total cost of revenue?
Penguin Solutions (PENG) reported total cost of revenue of $345.5M in Q1 2026.
How has Penguin Solutions's total cost of revenue changed year-over-year?
Penguin Solutions's total cost of revenue increased by 50.8% year-over-year, from $229.17M to $345.5M.
What is the long-term trend for Penguin Solutions's total cost of revenue?
Over 4 years (2021 to 2025), Penguin Solutions's total cost of revenue has grown at a 3.7% compound annual growth rate (CAGR), from $842.85M to $974.52M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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