Skip to content
NASDAQ · SEMICONDUCTORS & RELATED DEVICES · LARGE CAP

Penguin Solutions, Inc. PENG

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.4B
▲ 16.9% YoY
$25.4M
$100.1M
▲ 73.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions for its customers. As of the end of fiscal 2025, Penguin Solutions employed approximately 2,900 employees worldwide, with most located in the United States, China, and Malaysia. It organizes its operations into three segments: Advanced Computing, Integrated Memory and Optimized LED. Its Advanced Computing segment offers computing platforms and services that span the continuum from core to edge to cloud. Its Integrated Memory segment designs, develops and packages specialty memory and storage solutions to address memory limitations in computing systems. Its Optimized LED segment offers a portfolio of application-optimized LEDs focused on improving lumen density, intensity, efficacy, optical control and reliability. On October 15, 2024, Penguin Solutions, Inc. changed its corporate name from “SMART Global Holdings, Inc.” to “Penguin Solutions, Inc.” and changed its Nasdaq Global Select Market ticker symbol from “SGH” to “PENG.”

Written from the business description in Penguin Solutions, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 21 October 2025. Every sentence was checked against that document before publication.

Growth

USD 1.4B
Revenue, FY2025 · full 11-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.4 · Net income 0.0
1.0B2.0B-0.1B-0.2B
20152018202120242025
Compound annual growth
−0.7%
+4.0%
+7.8%
−27.5%
−38.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.0% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

2 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 4.2% · Net 2.1%
5%10%-5%-10%
201520202025
ROE
FY2025 · ROE 6.5%
50%-200%-400%
201520202025
Three returns, three denominators.

Each USD of equity produced 6 cents of profit this year.

Cash & shareholders

USD 43.5M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 100.1
50M100M-10M-20M
201520202025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 43.5
20M40M-10M-20M
20162019202020212022202320242025

USD 43.5M in buybacks — 171% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 1.6B
EquityUSD 394.2M
CashUSD 453.8M
Gross debtUSD 461.8M
Net debtUSD 8.1M
Current ratio2.25×

Net debt stands at 2% of equity.

The 11-year record

11 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
PENG, 11-year financial record
Metric 20252024202320222021202020192018201720162015
Revenue $B1.41.21.41.41.11.11.21.30.80.50.6
Operating income $B0.10.00.00.1−0.00.00.10.20.10.0−0.0
EBITDA $B0.10.10.10.10.00.10.10.20.10.00.0
Income tax $B0.00.0−0.00.00.00.00.00.00.00.00.0
Net income $B0.0−0.1−0.20.10.0−0.00.10.1−0.0−0.0−0.0
Free cash flow $B0.10.10.10.10.10.10.10.0−0.00.00.0
EPS, diluted $0.28−1.00−3.651.220.44−0.022.195.17−0.49−1.44−3.36
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————————
ROE %6.5−17.1−63.119.57.2−0.422.388.6——−537.7
Shares out B0.050.050.050.050.020.020.020.020.020.01◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 11 of the 11 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. Eight checks were skipped: EPS is not tagged before 2015. Eight checks were skipped: revenue is not tagged before 2015.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySemiconductors & Related Devices
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsAugust 29
Data on record since2015

Share this section

Download image