Penguin Solutions, Inc.
PENGNasdaq
$60.41
↓ -8.4%Jul 17 close · end-of-day
Price
1Y↑ +145.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$3.3B
Enterprise Value
$3.3B
P/E
43.1
P/S
2.2
P/B
7.6
EV/EBITDA
20.5
PEG
—
FCF Yield
-2.1%
Dividend Yield
—
Revenue (TTM)
$1.5B
Net Income (TTM)
$96.8M
Free Cash Flow (TTM)
-$69.4M
Gross Margin
27.9%
Operating Margin
7.2%
Net Margin
6.4%
ROE
22.1%
ROIC
20.1%
Debt / Equity
1.0
Net Cash
-$2.9M
Return 1Y
+142.8%
Company profile
Penguin Solutions, Inc., a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. The company was formerly known as SMART Global Holdings, Inc. and changed its name to Penguin Solutions, Inc. in October 2024. Penguin Solutions, Inc. was founded in 1988 and is based in Grand Cayman, Cayman Islands.
- CEO
- Mark W. Adams
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Headquarters
- California
- Website
- www.penguinsolutions.com
Management & directors
- Kuykendall AnneSVP and Chief Legal Officer
- Clark Joseph GatesSVP and Pres, Optimized LED
- Frey Anthony GeorgeSVP and Chief Revenue Officer
- Olmstead NathanSVP and CFO
- Shaikh KashifPresident and CEO
- Adams MarkPresident and CEO
- Pacheco Jack AEVP, COO, Pres, Integrated Mem
- Manca Peter JSVP, Pres, Advanced Computing
Roles derived from SEC Form 4 filings.
Earnings
PENG Q3 2026 Earnings
Period ends 2026-05-29
MetricActualYoY
Revenue$478.7M↑ +47.6%
Diluted EPS$0.68↓ -6900.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.4B | $1.4B | $1.2B | $1.4B |
| Gross profit | $216.4M | $238.0M | $391.0M | $415.2M | $340.8M | $394.3M |
| Operating income | $41.3M | -$15.7M | $67.2M | $8.7M | $18.3M | $58.1M |
| Net income | -$1.1M | $21.3M | $66.6M | -$187.5M | -$52.5M | $25.4M |
| Diluted EPS | -$0.02 | $0.44 | $1.22 | -$3.65 | -$1.00 | $0.28 |
| Operating cash flow | $87.2M | $153.3M | $104.9M | $104.4M | $77.2M | $109.1M |
| Free cash flow | $54.8M | $136.7M | $84.6M | $65.0M | $57.8M | $100.1M |
| Gross margin | 19.3% | 22.5% | 28.0% | 28.8% | 29.1% | 28.8% |
| Operating margin | 3.7% | -1.5% | 4.8% | 0.6% | 1.6% | 4.2% |
| Net margin | -0.1% | 2.0% | 4.8% | -13.0% | -4.5% | 1.9% |
| Line item | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $311.1M | $341.1M | $365.5M | $324.3M | $337.9M | $343.1M | $343.0M | $478.7M |
| Gross profit | $87.1M | $97.8M | $104.6M | $95.1M | $96.7M | $96.1M | $93.7M | $133.2M |
| Operating income | $8.8M | $17.4M | $18.5M | $9.8M | $12.4M | $19.6M | $25.7M | $50.9M |
| Net income | -$24.5M | $5.2M | $8.1M | $2.7M | $9.4M | $5.3M | $37.5M | $44.7M |
| Diluted EPS | -$0.46 | $0.10 | $0.09 | -$0.01 | $0.10 | $0.04 | $0.58 | $0.68 |
| Operating cash flow | -$12.2M | $13.8M | $72.9M | $92.8M | -$70.4M | $31.1M | $55.0M | -$74.8M |
| Free cash flow | -$18.0M | $12.0M | $70.5M | $90.9M | -$73.4M | $28.2M | $53.3M | -$77.6M |
| Gross margin | 28.0% | 28.7% | 28.6% | 29.3% | 28.6% | 28.0% | 27.3% | 27.8% |
| Operating margin | 2.8% | 5.1% | 5.1% | 3.0% | 3.7% | 5.7% | 7.5% | 10.6% |
| Net margin | -7.9% | 1.5% | 2.2% | 0.8% | 2.8% | 1.5% | 10.9% | 9.3% |
Company news
Jul 20, 2026
Jul 17, 2026
Jul 15, 2026
Jul 14, 2026
- 6d agoPenguin Solutions (PENG) Is Up 14.0% After Raising 2026 Outlook and Completing Buyback Program – What's Changedfinance.yahoo.com
- 6d agoPenguin Raises FY26 Outlook: Is AI Demand Finally Paying Off?finance.yahoo.com
- 6d agoInsiders Sell 2 AI Enablers: Investors Can Buy Into Their Futuresinsidertrades.com
- 6d agoPenguin Solutions (PENG) Launches $650 Million Convertible Notes Offering To Rework Debtfinance.yahoo.com
Jul 13, 2026
- 7d agoPenguin Solutions Announces Proposed Private Offering of Convertible Notes and Refinancing to Enhance Capital Structurefinance.yahoo.com
- 7d agoEarnings Estimates Rising for Penguin Solutions, Inc. (PENG): Will It Gain?finance.yahoo.com
- 7d agoAre You Looking for a Top Momentum Pick? Why Penguin Solutions, Inc. (PENG) is a Great Choicefinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-15 | Kuykendall Anne· SVP and Chief Legal Officer | Sale | 2,104 | $64.16 | $134,984.86 | filing |
| 2026-06-15 | Kuykendall Anne· SVP and Chief Legal Officer | Sale | 1,596 | $64.82 | $103,451.44 | filing |
| 2026-06-15 | Kuykendall Anne· SVP and Chief Legal Officer | Sale | 200 | $62.51 | $12,502.00 | filing |
| 2026-06-15 | Kuykendall Anne· SVP and Chief Legal Officer | Sale | 100 | $65.63 | $6,563.00 | filing |
| 2026-06-01 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 4,612 | $59.97 | $276,559.96 | filing |
| 2026-06-01 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 1,439 | $58.50 | $84,180.64 | filing |
| 2026-06-01 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 1,300 | $60.76 | $78,989.17 | filing |
| 2026-06-01 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 1,100 | $56.54 | $62,188.72 | filing |
| 2026-06-01 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 1,000 | $55.53 | $55,534.90 | filing |
| 2026-06-01 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 900 | $57.73 | $51,960.06 | filing |
| 2026-05-26 | Kuykendall Anne· SVP and Chief Legal Officer | Sale | 2,100 | $54.98 | $115,452.75 | filing |
| 2026-05-26 | Kuykendall Anne· SVP and Chief Legal Officer | Sale | 1,600 | $54.11 | $86,568.00 | filing |
| 2026-05-26 | Kuykendall Anne· SVP and Chief Legal Officer | Sale | 300 | $52.58 | $15,773.01 | filing |
| 2026-05-18 | HEARD DAVID W | Award | 4,485 | $0.00 | $0.00 | filing |
| 2026-05-14 | Straub Maximiliane C | Sale | 3,000 | $49.00 | $147,000.00 | filing |
| 2026-05-12 | NAYYAR SANDEEP | Sale | 7,107 | $43.48 | $309,012.36 | filing |
| 2026-05-12 | Straub Maximiliane C | Sale | 4,000 | $44.34 | $177,363.60 | filing |
| 2026-05-11 | NAYYAR SANDEEP | Sale | 12,893 | $45.09 | $581,333.77 | filing |
| 2026-05-11 | Straub Maximiliane C | Sale | 8,000 | $45.00 | $359,995.20 | filing |
| 2026-05-08 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 5,000 | $39.99 | $199,950.00 | filing |
| 2026-05-05 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 5,000 | $34.75 | $173,750.00 | filing |
| 2026-04-24 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 5,000 | $29.75 | $148,750.00 | filing |
| 2026-04-23 | Clark Joseph Gates· SVP and Pres, Optimized LED | Sale | 1,485 | $27.62 | $41,015.70 | filing |
| 2026-04-22 | Kuykendall Anne· SVP and Chief Legal Officer | Sale | 738 | $27.92 | $20,604.96 | filing |
| 2026-04-20 | Kuykendall Anne· SVP and Chief Legal Officer | Tax withholding | 3,062 | $26.74 | $81,877.88 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.