NASDAQ · Semiconductors · Fiscal year endsFY ends August

Penguin Solutions Inc

PENG

$48.35-4.84 (-9.10%)Today

52-week low $16.04high $89.86

46.2% below its 52-week high

Next earningsJan 4, 2027

Revenue by fiscal year, $ billions

2.3x over the years shown (FY17–FY26)

Fiscal years · gold is the latest

0.8

FY17

1.3

FY18+69%

1.2

FY19-6%

1.1

FY20-7%

1.1

FY21-6%

1.4

FY22+32%

1.4

FY23+3%

1.2

FY24-19%

1.4

FY25+17%

1.7

FY26+26%

Ten years, as filed

Income, cash flow and balance sheet

$ billions · gold is the latest

$ billions	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Income
Revenue	0.76	1.29	1.21	1.12	1.06^†	1.40^†	1.44	1.17	1.37	1.73
Revenue growth	—	+69%	-6%	-7%	-6%	+32%	+3%	-19%	+17%	+26%
Gross margin	21.3%	22.6%	19.6%	19.3%	22.5%	28.0%	28.8%	29.1%	28.8%	27.7%
Operating income	0.05	0.17	0.09	0.04	-0.02^†	0.07^†	0.01	0.02	0.06	0.17
Operating margin	7.1%	13.2%	7.3%	3.7%	-1.5%	4.8%	0.6%	1.6%	4.2%	9.6%
Net income	-0.01	0.12	0.05	-0.00	0.02	0.07	-0.19	-0.05	0.03	0.18
Net margin	-1.0%	9.3%	4.2%	-0.1%	2.0%	4.8%	-13.0%	-4.5%	1.9%	10.4%
Cash flow
Operating cash flow	-0.00	0.07	0.17	0.09	0.15	0.10	0.10	0.08	0.11	-0.15
Capital expenditure	0.02	0.03	0.03	0.03	0.02^†	0.02^†	0.04	0.02	0.01	0.01
Free cash flow (calculated)	-0.02	0.04	0.14	0.05	0.14^†	0.08^†	0.06	0.06	0.10	-0.16
Share repurchases	—	—	0.00	0.00	0.05	0.06	0.02	0.02	0.05	0.07
Balance sheet
Cash and equivalents	0.02	0.03	0.10	0.15	0.22	0.31^†	0.37	0.38	0.45	0.65
Total assets	0.48	0.67	0.70	0.79	1.34	1.57	1.51	1.47	1.62	2.78
Total equity	0.08	0.19	0.27	0.28	0.31	0.37	0.22	0.39	0.39	0.52

Source: Penguin Solutions Inc's 10-K and 10-Q filings, from SEC EDGAR · fiscal years end in August.

Free cash flow is calculated by The Dispatch: operating cash flow minus capital expenditure.

† Restated: a later filing changed this figure. The newer number is shown.