In fiscal 2026, which ended Aug 28, 2026, Penguin Solutions, Inc. reported revenue of $1.7 billion, up 26.5% from the year before. Net income was $180.6 million, a profit margin of 10.4%. Operating income came to $165.6 million, an operating margin of 9.6%. Diluted earnings per share were $2.60. Across the 10 fiscal years shown, revenue grew from $761.3 million in fiscal 2017 to $1.7 billion in fiscal 2026, about 9.6% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Aug 28, 2026
|
FY 2025
Aug 29, 2025
|
FY 2024
Aug 30, 2024
|
FY 2023
Aug 25, 2023
|
FY 2022
Aug 26, 2022
|
FY 2021
Aug 27, 2021
|
FY 2020
Aug 28, 2020
|
FY 2019
Aug 30, 2019
|
FY 2018
Aug 31, 2018
|
FY 2017
Aug 25, 2017
|
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1,731
+26.5%
|
1,369
+16.9%
|
1,171
-18.8%
|
1,441
+3.3%
|
1,396
+32.2%
|
1,056
-6.0%
|
1,122
-7.4%
|
1,212
-6.0%
|
1,289
+69.3%
|
761
|
| Cost of revenue |
1,253
+28.5%
|
975
+17.4%
|
830
-19.1%
|
1,026
+2.1%
|
1,005
+22.9%
|
818
-9.8%
|
906
-7.0%
|
974
-2.3%
|
997
+66.5%
|
599
|
| Gross profit |
479
+21.5%
|
394
+15.7%
|
341
-17.9%
|
415
+6.2%
|
391
+64.3%
|
238
+10.0%
|
216
-8.9%
|
238
-18.5%
|
292
+79.7%
|
162
|
| Research and development |
82
+2.4%
|
80
-2.1%
|
82
-10.0%
|
91
+16.9%
|
77
+29.3%
|
60
+15.1%
|
52
+8.6%
|
48
+20.3%
|
40
+4.4%
|
38
|
| Selling, general and administrative |
220
-7.5%
|
238
+1.8%
|
234
-10.3%
|
261
+27.3%
|
205
+29.5%
|
158
+28.6%
|
123
+19.2%
|
103
+22.1%
|
85
+26.6%
|
67
|
| Other operating income (expense) |
-11
-435.7%
|
-2
+70.3%
|
-7
-0.2%
|
-7
|
—
|
-3
|
—
|
—
|
—
|
—
|
| Restructuring and impairment |
11
+433.3%
|
2
-70.4%
|
7
+1.4%
|
7
|
—
|
—
|
3
+663.0%
|
—
|
—
|
0
|
| Operating income |
166
+184.8%
|
58
+217.8%
|
18
+109.2%
|
9
-87.0%
|
67
+527.7%
|
-16
-138.0%
|
41
-53.6%
|
89
-47.7%
|
170
+216.0%
|
54
|
| Other income (expense) |
-14
-48.1%
|
-9
+81.3%
|
-49
-2.5%
|
-48
-95.4%
|
-25
-49.1%
|
-17
+48.2%
|
-32
-39.7%
|
-23
+29.5%
|
-32
+37.3%
|
-52
|
| Pretax income |
152
+210.7%
|
49
+256.9%
|
-31
+21.1%
|
-40
-193.0%
|
42
+231.7%
|
-32
-444.7%
|
9
-85.9%
|
66
-51.9%
|
138
+6402.0%
|
2
|
| Income tax |
-34
-268.8%
|
20
+89.0%
|
11
+121.6%
|
-49
-372.2%
|
18
+86.5%
|
10
-7.8%
|
11
-29.4%
|
15
-18.8%
|
18
+84.7%
|
10
|
| Net income |
181
+611.3%
|
25
+148.4%
|
-52
+72.0%
|
-188
-381.8%
|
67
+212.3%
|
21
+1964.4%
|
-1
-102.2%
|
51
-57.0%
|
119
+1632.6%
|
-8
|
| Net income to common |
151
+877.2%
|
15
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Basic EPS |
2.85
+882.8%
|
0.29
+129.0%
|
-1.00
+73.5%
|
-3.78
-380.0%
|
1.35
+206.8%
|
0.44
+2300.0%
|
-0.02
-100.9%
|
2.24
-58.7%
|
5.42
|
—
|
| Diluted EPS |
2.60
+828.6%
|
0.28
+128.0%
|
-1.00
+72.6%
|
-3.65
-399.2%
|
1.22
+177.3%
|
0.44
+2300.0%
|
-0.02
-100.9%
|
2.19
-57.6%
|
5.17
|
—
|
| Weighted average shares, basic |
53
-0.4%
|
53
+1.4%
|
52
+5.8%
|
50
+0.2%
|
49
+1.9%
|
49
+1.2%
|
48
+109.0%
|
23
+4.1%
|
22
|
—
|
| Weighted average shares, diluted |
59
+8.2%
|
54
+3.7%
|
52
+2.2%
|
51
-5.7%
|
54
+12.1%
|
49
+1.2%
|
48
+104.5%
|
23
+1.5%
|
23
|
—
|
| Other measures | ||||||||||
| Depreciation and amortization |
50
-10.7%
|
56
-14.5%
|
66
-8.3%
|
72
+53.5%
|
47
+33.6%
|
35
-4.1%
|
36
+24.7%
|
29
+11.5%
|
26
-21.2%
|
33
|
| EBITDA |
216
+88.7%
|
114
+36.1%
|
84
+4.5%
|
80
-29.4%
|
114
+492.0%
|
19
-75.3%
|
78
-34.3%
|
118
-39.8%
|
196
+125.5%
|
87
|
| Margins | ||||||||||
| Gross margin |
27.66%
|
28.80%
|
29.11%
|
28.81%
|
28.01%
|
22.55%
|
19.28%
|
19.60%
|
22.62%
|
21.31%
|
| Operating margin |
9.56%
|
4.25%
|
1.56%
|
0.61%
|
4.81%
|
-1.49%
|
3.68%
|
7.35%
|
13.21%
|
7.08%
|
| Pretax margin |
8.77%
|
3.57%
|
-2.66%
|
-2.74%
|
3.04%
|
-3.06%
|
0.83%
|
5.46%
|
10.69%
|
0.28%
|
| Profit margin |
10.43%
|
1.85%
|
-4.48%
|
-13.01%
|
4.77%
|
2.02%
|
-0.10%
|
4.24%
|
9.27%
|
-1.02%
|
| EBITDA margin |
12.46%
|
8.35%
|
7.18%
|
5.58%
|
8.16%
|
1.82%
|
6.93%
|
9.76%
|
15.24%
|
11.44%
|
| Effective tax rate |
-22.29%
|
41.03%
|
—
|
—
|
42.55%
|
—
|
112.21%
|
22.46%
|
13.29%
|
467.86%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- PENG (Nasdaq)
- Fiscal year ends
- August 29
- Incorporated in
- DE
- Headquarters
- Fremont, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1616533
- Former names
- SMART Global Holdings, Inc. (until Oct 3, 2024)
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.