Penguin Solutions, Inc. (PENG)

Penguin Solutions Income Statement

Financials in millions USD. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 29, 2025	Aug 30, 2024	Aug 25, 2023	Aug 26, 2022	Aug 27, 2021
Operating Revenue	1,336	1,171	1,441	1,396	1,056
Other Revenue	32.35	-	-	-	-
Revenue	1,369	1,171	1,441	1,396	1,056
Revenue Growth (YoY)	16.91%	-18.77%	3.25%	32.24%	-5.96%
Cost of Revenue	973.77	827.88	1,017	1,005	810.47
Gross Profit	395.02	342.91	424.58	391.05	245.06
Selling, General & Admin	236.35	225.11	239.85	197.75	152.86
Research & Development	79.8	81.54	90.57	77.47	59.93
Operating Expenses	316.15	306.65	330.42	275.22	212.79
Operating Income	78.87	36.27	94.17	115.82	32.27
Interest Expense	-7.31	-28.38	-36.42	-24.35	-17.14
Other Non Operating Income (Expenses)	1.06	1.86	1.1	0.52	0.6
EBT Excluding Unusual Items	72.62	9.75	58.85	92	15.73
Merger & Restructuring Charges	-4.67	-17.97	-37.33	-7.32	-15.58
Impairment of Goodwill	-16.06	-	-19.09	-	-
Gain (Loss) on Sale of Assets	-0.08	-0.18	2.99	-0.21	-0.02
Other Unusual Items	-2.91	-22.76	-44.92	-41.98	-32.4
Pretax Income	48.9	-31.17	-39.51	42.48	-32.27
Income Tax Expense	20.07	10.62	-49.2	18.07	9.69
Earnings From Continuing Operations	28.84	-41.79	9.69	24.41	-41.95
Earnings From Discontinued Operations	-	-8.15	-195.38	44.19	64.46
Net Income to Company	28.84	-49.93	-185.69	68.59	22.51
Minority Interest in Earnings	-3.44	-2.54	-1.83	-2.04	-1.2
Net Income	25.39	-52.47	-187.53	66.56	21.31
Preferred Dividends & Other Adjustments	9.93	-	-	-	-
Net Income to Common	15.46	-52.47	-187.53	66.56	21.31
Net Income Growth	-	-	-	212.33%	-
Shares Outstanding (Basic)	53	52	50	49	49
Shares Outstanding (Diluted)	54	52	51	54	49
Shares Change (YoY)	3.70%	2.15%	-5.73%	12.12%	1.19%
EPS (Basic)	0.29	-1.00	-3.78	1.35	0.44
EPS (Diluted)	0.28	-1.01	-3.66	1.22	0.44
EPS Growth	-	-	-	179.23%	-
Free Cash Flow	100.07	57.76	64.97	84.57	136.68
Free Cash Flow Per Share	1.84	1.10	1.27	1.55	2.81
Gross Margin	28.86%	29.29%	29.46%	28.01%	23.22%
Operating Margin	5.76%	3.10%	6.53%	8.30%	3.06%
Profit Margin	1.13%	-4.48%	-13.01%	4.77%	2.02%
Free Cash Flow Margin	7.31%	4.93%	4.51%	6.06%	12.95%
EBITDA	135.09	101.98	165.8	162.49	67.21
EBITDA Margin	9.87%	8.71%	11.50%	11.64%	6.37%
D&A For EBITDA	56.22	65.72	71.63	46.67	34.94
EBIT	78.87	36.27	94.17	115.82	32.27
EBIT Margin	5.76%	3.10%	6.53%	8.30%	3.06%
Effective Tax Rate	41.03%	-	-	42.55%	-
Revenue as Reported	1,369	1,171	1,441	1,396	1,056

Updated Aug 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q