Common stock, $0.03 par value per share
- Symbol
- PENG
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K
Penguin Solutions, Inc.
PENGNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 6, 2026, Penguin Solutions, Inc., a Delaware corporation (the “Company”), issued a press release and will hold a conference call announcing its financial results for the first quarter of fiscal 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Form 8-K”) and is incorporated herein by reference.…
Company context
Penguin Solutions is the AI Factory Platform Company. We design, build, and manage next-generation data centers for enterprises, sovereign AI initiatives, and neocloud providers. With deep design expertise at the intersection of data center AI infrastructure and memory solutions, our Full-Stack AI Factory Platform combines differentiated infrastructure software, advanced memory, compute systems, end-to-end services, and industry-leading partner technologies to help customers accelerate deployment, optimize token economics, and maximize the return on their AI investments.
Current securities
Recent company filings
- SCHEDULE 13G/A - filed by Invesco Ltd. regarding Penguin Solutions, Inc.Nov 10, 2026
- 424B7 filingNov 10, 2026
- SCHEDULE 13G/A - filed by FMR LLC regarding Penguin Solutions, Inc.Nov 6, 2026
- SCHEDULE 13G/A - filed by FMR LLC regarding Penguin Solutions, Inc.Nov 5, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure · Other EventsNov 4, 2026
Registered securities in this filing
PENGUIN SOLUTIONS, INC. · 8-K · Filed 2026-01-06
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On January 6, 2026, Penguin Solutions, Inc., a Delaware corporation (the “Company”), issued a press release and will hold a conference call announcing its financial results for the first quarter of fiscal 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (this “Form 8-K”) and is incorporated herein by reference.
The Company refers to non-GAAP financial information in both the press release and on the conference call. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release.
The information furnished pursuant to Item 2.02 of this Form 8-K, including the information contained in Exhibit 99.1 of this Form 8-K, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Filed exhibits (1)
Exhibit 99.1 Press Release FOR IMMEDIATE RELEASE PENGUIN SOLUTIONS REPORTS Q1 FISCAL 2026 FINANCIAL RESULTS Solid First Quarter Driven by Operational Excellence and Memory Growth Fremont, Calif. - January 6, 2026 - Penguin Solutions, Inc. (“Penguin Solutions,” “we,” “us,” or the “Company”) (NASDAQ: PENG) today reported financial results for the first quarter of fiscal 2026. First Quarter Fiscal 2026 Highlights • Net sales of $343 million, up 1% versus the year-ago quarter • GAAP gross margin of 28.0%, down 70 basis points versus the year-ago quarter • Non-GAAP gross margin of 30.0%, down 80 basis points versus the year-ago quarter • GAAP diluted EPS of $0.04 versus $0.10 in the year-ago quarter • Non-GAAP diluted EPS of $0.49 for the current and year-ago quarter “In Q1 we expanded our pipeline and made progress on our strategic priorities, while delivering solid operating results,” said Mark Adams, CEO of Penguin Solutions. “We continue to see signs of a shift in the AI market toward enterprise adoption and production-scale deployments, with workloads evolving from training environments into inference-driven use cases. This aligns well with our strengths in solution des…
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