YOLFTbeta
Penguin Solutions, Inc.

Penguin Solutions, Inc.

PENG · NASDAQ · Technology / Information Technology Services

$48.24+0.74 (+1.56%)

Close Sep 16, 2026 · end-of-day

Market Stats

Previous Close$47.5
Open$49.19
Day Range$47.1 – $49.69
52-Week Range$16.04 – $89.86
Volume1.07M
Market Cap$2.82B
P/E (TTM)40.43
Forward P/E12.48
EPS$1.36
Dividend Yield0.00%
Beta2.85
50-Day Avg$53.31
200-Day Avg$39.02

Price History

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About

Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers hardware, software, and services focusing on technical computing for core and cloud environments through computing and AI solutions. The company also provides Penguin Solutions OriginAI, an AI infrastructure solution for customers deploying GPUs at scale; continuous availability of customers critical data and applications in data centers and edge locations under the Stratus brand products; and dynamic random-access memory, modules, solid-state/flash storage, and integrated memory solutions to networking and telecom, data analytics, AI, and ML under the SMART Modular Technologies brand. In addition, it provides Zefr, a memory module; Altus and AMD EPYC based servers for expansive memory for AI workloads; flash memory products comprising solid-state drives, Serial Advanced Technology Attachment, and PCIe NVMe products in 2.5 enclosures, M.2, EDSFF, and other form factors; and multimediacard and embedded and removable USB products, SD and microSD Card configurations, and firmware development. Further, the company offers procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging supply chain services; and LEDs under the Cree LED brand; Cree LED XLamp and J Series packaged LED components. It serves OEMs, enterprises, government, and other customers through direct and third-party channels. The company has a strategic collaboration with Deepgram, Dell Technologies, and ZulaFly to offer healthcare, location-based workflow, and safety solutions. 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 headquartered in Fremont, California.

Company Details

Sector
Technology
Industry
Information Technology Services
CEO
Mr. Kash Shaikh
Employees
2.90K
Headquarters
45800 Northport Loop West, Fremont, CA, United States, 94538, USA
Website
https://www.penguinsolutions.com

Leadership

  • Ms. Anne Kuykendall J.D.Senior VP & Chief Legal Officer · b. 1978
  • Mr. Joseph ClarkSenior VP & President of Optimized LED · b. 1972
  • Mr. Tony FreySenior VP & Chief Revenue Officer
  • Mr. Kash ShaikhCEO, President & Director
  • Mr. Aaron JohnsonVP of Finance & Accounting, Interim CFO and Principal Financial & Accounting Officer · b. 1979
  • Mr. Philip PokornyChief Technology Officer
  • Mr. Srini TanikellaSenior VP & Chief Information Officer
  • Ms. Suzanne SchmidtHead of Investor Relation
  • Mr. Mark SeamansSenior Vice President of Global Marketing · b. 1967
  • Mr. Ted GillickSenior Vice President of Strategy & Corporate Development

Financials

Income Statement

Line item2015-08-312016-08-312017-08-312018-08-312019-08-312020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Total Revenue$643.47M$534.42M$761.29M$1.29B$1.21B$1.12B$1.06B$1.40B$1.44B$1.17B$1.37B
Cost of Revenue$512.03M$427.49M$599.04M$997.24M$974.47M$905.98M$817.56M$1.00B$1.03B$827.88M$974.52M
Gross Profit$131.44M$106.93M$162.25M$291.59M$237.53M$216.40M$237.97M$391.05M$415.17M$342.91M$394.27M
Operating Income$-6.71M$6.18M$53.87M$170.22M$89.08M$41.33M$-15.71M$67.18M$8.74M$18.30M$74.20M
EBITDA$37.90M$39.54M$64.56M$183.10M$116.13M$60.79M$19.81M$113.49M$68.54M$62.93M$112.42M
Net Income$-46.45M$-19.96M$-7.79M$119.46M$51.33M$-1.14M$21.31M$66.56M$-187.53M$-52.47M$21.58M
R&D$43.74M$38.12M$38.16M$39.82M$47.92M$52.06M$59.93M$77.47M$90.56M$81.54M$79.80M
Interest Expense$27.56M$25.57M$29.20M$19.14M$20.72M$15.00M$17.14M$24.34M$36.42M$28.38M$7.30M

Balance Sheet

Line item2015-08-312016-08-312017-08-312018-08-312019-08-312020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Total Assets$564.71M$458.65M$480.03M$672.76M$704.14M$786.61M$1.34B$1.57B$1.51B$1.47B$1.62B
Total Liabilities$556.07M$459.89M$397.63M$485.63M$430.68M$504.50M$1.03B$1.19B$1.28B$1.08B$1.01B
Total Equity$8.64M$-1.24M$82.40M$187.13M$273.46M$282.10M$310.25M$371.61M$222.47M$391.38M$595.96M
Cash$68.09M$58.63M$22.44M$31.38M$98.14M$150.81M$222.99M$313.33M$365.56M$383.15M$453.75M
Total Debt$247.00M$242.70M$177.29M$211.60M$206.50M$221.71M$398.26M$651.14M$856.85M$725.88M$733.03M
Net Debt$178.91M$184.07M$154.85M$180.22M$108.36M$70.89M$175.27M$337.81M$491.28M$342.74M$279.28M

Cash Flow

Line item2015-08-312016-08-312017-08-312018-08-312019-08-312020-08-312021-08-312022-08-312023-08-312024-08-312025-08-31
Operating Cash Flow$40.76M$15.05M$-933.00K$67.91M$169.66M$87.20M$153.35M$104.93M$104.39M$77.19M$109.08M
Investing Cash Flow$-8.72M$-13.37M$-18.03M$-67.75M$-109.44M$-32.04M$-84.18M$-38.97M$-298.57M$107.58M$24.97M
Financing Cash Flow$-32.65M$-10.91M$-16.98M$7.94M$100.00K$12.59M$2.85M$73.88M$236.42M$-210.10M$-63.46M
Capital Expenditure$31.66M$13.84M$18.68M$25.74M$33.43M$32.45M$16.67M$20.36M$39.42M$19.42M$9.01M
Free Cash Flow$9.10M$1.21M$-19.61M$42.17M$136.22M$54.76M$136.68M$84.57M$64.97M$57.76M$100.07M
Dividends Paid----------$7.86M

Earnings

Report DateOct 6, 2026Jul 7, 2026Apr 1, 2026Jan 6, 2026Oct 7, 2025Jul 8, 2025Apr 2, 2025Jan 8, 2025Oct 15, 2024Jul 9, 2024Apr 9, 2024Jan 9, 2024Oct 12, 2023Jun 29, 2023Apr 4, 2023Jan 3, 2023Oct 4, 2022Jun 29, 2022Apr 5, 2022Jan 4, 2022Oct 12, 2021Jul 6, 2021Apr 6, 2021Jan 5, 2021Oct 1, 2020Jul 7, 2020Apr 7, 2020Dec 19, 2019Oct 3, 2019Jun 27, 2019Mar 28, 2019Jan 8, 2019Oct 4, 2018Jun 21, 2018Mar 22, 2018Dec 21, 2017Sep 28, 2017Jun 22, 2017
EPS Estimate$0.61$0.49$0.42$0.44$0.36$0.32$0.38$0.39$0.40$0.31$0.25$0.16$0.45$0.40$0.60$0.57$0.65$0.75$0.72$1.00$0.80$0.55$0.40$0.35$0.39$0.34$0.25$0.37$0.33$0.18$0.38$0.89$0.83$0.89$0.67$0.46$0.32$0.28
EPS Actual-$0.71$0.52$0.49$0.43$0.47$0.52$0.49$0.37$0.37$0.27$0.24$0.35$0.66$0.76$0.79$0.80$0.87$0.87$1.08$1.08$0.70$0.44$0.39$0.41$0.35$0.26$0.28$0.25$0.17$0.39$0.88$0.86$0.92$0.87$0.53$0.40$0.31
Surprise-44.90%23.81%11.36%19.44%46.88%36.84%25.64%-7.50%19.35%8.00%50.00%-22.22%65.00%26.67%38.60%23.08%16.00%20.83%8.00%35.00%27.27%10.00%11.43%5.13%2.94%4.00%-24.32%-24.24%-5.56%2.63%-1.12%3.61%3.37%29.85%15.22%25.00%10.71%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap
$2.82B
Enterprise Value
$3.03B
Trailing P/E
40.43
Forward P/E
12.48
Price / Sales
1.87
Price / Book
6.29
EPS
$1.36
Book Value
$8.57
Revenue (TTM)
$1.50B
Gross Profit (TTM)
$419.62M
EBITDA
$173.93M
Profit Margin
6.45%
Operating Margin
10.83%
Return on Equity
16.19%
Return on Assets
3.85%
Shares Outstanding
51.24M
Shares Float
49.62M
Beta
2.85
Dividend Yield
0.00%
Dividend Rate
$0
Payout Ratio
0.00%

Analyst Ratings

Buy
Based on 8 analystsTarget $74.29
  • Strong Buy
    3
  • Buy
    4
  • Hold
    1

Ownership Breakdown

Institutions
124.07%
Insiders
3.27%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    7.72M15.07%
  • FMR Inc
    4.61M9.00%
  • Amvescap Plc.
    3.99M7.78%
  • Vanguard Portfolio Management, LLC
    3.60M7.03%
  • State Street Corp
    3.22M6.29%
  • Dimensional Fund Advisors, Inc.
    2.39M4.67%
  • Vanguard Capital Management, LLC
    2.17M4.23%
  • Barrow Hanley Mewhinney & Strauss LLC
    1.98M3.86%
  • American Century Companies Inc
    1.96M3.83%
  • Boston Partners Global Investors, Inc
    1.68M3.27%
  • Ophir Asset Management Pty Ltd
    1.61M3.15%
  • AllianceBernstein L.P.
    1.34M2.62%
  • Geode Capital Management, LLC
    1.26M2.45%

Top Fund Holders

  • Invesco Small Cap Value A
    3.90M7.61%
  • iShares Core S&P Small-Cap ETF
    2.81M5.49%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.54M3.00%
  • Fidelity Small Cap Value Fund
    1.46M2.85%
  • iShares Russell 2000 ETF
    1.30M2.53%
  • State Street® SPDR® S&P® Smcndctr ETF
    1.22M2.38%
  • Vanguard Information Technology ETF
    1.19M2.33%

Stock Splits

  • Feb 2, 20222:1