Penguin Solutions, Inc. (PENG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 478.71M | 343M | 343.07M | 337.92M | 324.25M | 365.52M | 341.1M | 311.15M | 300.58M | 284.82M | 274.25M | 316.66M | 344.42M | 388.38M | 391.8M | 437.7M | 462.54M | 449.17M | 469.94M | 467.71M |
| Revenue Growth % | 47.64% | -6.16% | 0.58% | 8.6% | 7.88% | 28.33% | 24.38% | -1.74% | -12.73% | -26.66% | -30% | -27.65% | -25.54% | -13.53% | -16.63% | -6.42% | 5.67% | 47.75% | 61.11% | 57.46% |
| Cost of Goods Sold | 345.02M | 249.3M | 247.44M | 241.19M | 229.17M | 260.79M | 243.29M | 224.06M | 211.67M | 202.89M | 191.4M | 225.07M | 243.94M | 277.37M | 279.7M | 333.85M | 348.08M | 336.46M | 347.74M | 349.92M |
| COGS % of Revenue | 72.07% | 72.68% | 72.13% | 71.37% | 70.68% | 71.35% | 71.32% | 72.01% | 70.42% | 71.23% | 69.79% | 71.08% | 70.83% | 71.42% | 71.39% | 76.28% | 75.25% | 74.91% | 74% | 74.81% |
| Gross Profit | 133.7M | 93.7M | 95.63M | 96.73M | 95.08M | 104.72M | 97.81M | 87.09M | 88.91M | 81.93M | 82.85M | 91.58M | 100.48M | 111.01M | 112.1M | 103.84M | 114.46M | 112.71M | 122.2M | 117.79M |
| Gross Margin % | 27.93% | 27.32% | 27.87% | 28.63% | 29.32% | 28.65% | 28.68% | 27.99% | 29.58% | 28.77% | 30.21% | 28.92% | 29.17% | 28.58% | 28.61% | 23.72% | 24.75% | 25.09% | 26% | 25.19% |
| Gross Profit Growth % | 40.61% | -10.53% | -2.23% | 11.08% | 6.95% | 27.82% | 18.06% | -4.91% | -11.52% | -26.19% | -26.09% | -11.8% | -12.22% | -1.51% | -8.27% | -11.84% | 35.48% | 110.85% | 132.13% | 109.09% |
| Operating Expenses | 87.09M | 68.01M | 71.78M | 84.28M | 85.24M | 86.24M | 80.46M | 78.3M | 77.39M | 85.25M | 81.55M | 93.22M | 102.87M | 113.08M | 97.25M | 76.24M | 79.15M | 95.91M | 87.41M | 86.05M |
| OpEx % of Revenue | 18.19% | 19.83% | 20.92% | 24.94% | 26.29% | 23.59% | 23.59% | 25.16% | 25.75% | 29.93% | 29.73% | 29.44% | 29.87% | 29.12% | 24.82% | 17.42% | 17.11% | 21.35% | 18.6% | 18.4% |
| Selling, General & Admin | 59.4M | 47.99M | 53.09M | 58.6M | 59.72M | 59.31M | 60.54M | 58.03M | 57.25M | 61.38M | 57.22M | 56.33M | 67.91M | 60.07M | 67.71M | 55.63M | 58.48M | 53.11M | 52.55M | 51.26M |
| SG&A % of Revenue | 12.41% | 13.99% | 15.48% | 17.34% | 18.42% | 16.23% | 17.75% | 18.65% | 19.05% | 21.55% | 20.86% | 17.79% | 19.72% | 15.47% | 17.28% | 12.71% | 12.64% | 11.82% | 11.18% | 10.96% |
| Research & Development | 21.98M | 18.98M | 18.69M | 19.86M | 20.22M | 19.91M | 19.81M | 19.94M | 19.68M | 20.53M | 21.39M | 17.61M | 20.34M | 25.27M | 24.07M | 20.61M | 20.3M | 18.79M | 17.66M | 16.74M |
| R&D % of Revenue | 4.59% | 5.53% | 5.45% | 5.88% | 6.24% | 5.45% | 5.81% | 6.41% | 6.55% | 7.21% | 7.8% | 5.56% | 5.91% | 6.51% | 6.14% | 4.71% | 4.39% | 4.18% | 3.76% | 3.58% |
| Other Operating Expenses | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 109K | 325K | 465K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 373K | 1000K | 1000K | 1000K |
| Operating Income | 50.86M | 25.69M | 23.84M | 12.45M | 9.84M | 18.49M | 17.36M | 8.79M | 11.51M | -3.31M | 1.3M | -1.64M | -2.39M | -2.08M | 14.85M | 27.6M | 35.31M | 16.8M | 34.79M | 31.74M |
| Operating Margin % | 10.62% | 7.49% | 6.95% | 3.68% | 3.04% | 5.06% | 5.09% | 2.83% | 3.83% | -1.16% | 0.48% | -0.52% | -0.69% | -0.53% | 3.79% | 6.31% | 7.63% | 3.74% | 7.4% | 6.79% |
| Operating Income Growth % | 416.74% | 38.95% | 37.36% | 41.6% | -14.49% | 658.21% | 1229.96% | 636.36% | 582.44% | -59.46% | -91.21% | -105.94% | -106.76% | -112.36% | -57.33% | -13.04% | 1120.08% | 29.87% | 356.37% | 84.22% |
| EBITDA | 25.29M | 38.44M | 36.66M | 13.46M | 23.84M | 32.52M | 32.32M | 24.17M | 27.05M | 13.83M | 18.96M | 17.19M | 16.12M | 15.17M | 31.9M | 36.09M | 51.88M | 32.88M | 50.61M | 50.98M |
| EBITDA Margin % | 5.28% | 11.21% | 10.69% | 3.98% | 7.35% | 8.9% | 9.47% | 7.77% | 9% | 4.86% | 6.91% | 5.43% | 4.68% | 3.91% | 8.14% | 8.25% | 11.22% | 7.32% | 10.77% | 10.9% |
| EBITDA Growth % | 6.07% | 18.19% | 13.44% | -44.32% | -11.84% | 135.11% | 70.46% | 40.61% | 67.82% | -8.83% | -40.56% | -52.37% | -68.94% | -53.85% | -36.97% | -29.19% | 156.41% | 41.53% | 190.78% | 86.36% |
| D&A (Non-Cash Add-back) | -25.57M | 12.75M | 12.82M | 1.01M | 14M | 14.04M | 14.96M | 15.38M | 15.54M | 17.15M | 17.65M | 18.83M | 18.5M | 17.25M | 17.05M | 8.49M | 16.57M | 16.08M | 15.81M | 19.24M |
| EBIT | 0 | 53.67M | 7.91M | 9.51M | 11.28M | 18.7M | 16.72M | -12.18M | 11.07M | -3.56M | 1.88M | -1.18M | -2.74M | -15.38M | 16.21M | 26.33M | 34.76M | 15.02M | 33.56M | 33.3M |
| Net Interest Income | 0 | -721K | -47K | -153K | -573K | -2.18M | -4.4M | -5.4M | -6.17M | -7.25M | -9.56M | -12.32M | -9.31M | -9.43M | -8.49M | -6.49M | -5.11M | -4.46M | -5.11M | -5.03M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 650K | 721K | 47K | 153K | 573K | 2.18M | 4.4M | 5.4M | 6.17M | 7.25M | 9.56M | 12.32M | 9.31M | 9.43M | 8.49M | 6.49M | 5.11M | 4.46M | 5.11M | 5.03M |
| Other Income/Expense | 2.83M | 27.26M | -15.98M | -3.09M | 866K | -1.97M | -5.03M | -26.37M | -6.61M | -7.5M | -8.98M | -8.72M | -9.67M | -22.74M | -7.13M | -7.76M | -5.66M | -6.25M | -6.34M | -3.47M |
| Pretax Income | 53.7M | 52.95M | 7.86M | 9.35M | 10.71M | 16.51M | 12.32M | -17.58M | 4.9M | -10.81M | -7.68M | -10.36M | -12.05M | -24.81M | 7.71M | 19.84M | 29.65M | 10.56M | 28.45M | 28.27M |
| Pretax Margin % | 11.22% | 15.44% | 2.29% | 2.77% | 3.3% | 4.52% | 3.61% | -5.65% | 1.63% | -3.79% | -2.8% | -3.27% | -3.5% | -6.39% | 1.97% | 4.53% | 6.41% | 2.35% | 6.05% | 6.04% |
| Income Tax | 7.51M | 14.41M | 1.8M | -1.2M | 7.26M | 7.64M | 6.36M | 6.21M | -1.32M | 2.2M | 3.53M | -75.89M | 7.22M | 8.15M | 11.32M | -584K | 5.15M | 7.59M | 7.75M | 6.98M |
| Effective Tax Rate % | 13.99% | 27.21% | 22.96% | -12.79% | 67.78% | 46.28% | 51.61% | -35.31% | -26.98% | -20.33% | -46.03% | 732.53% | -59.86% | -32.84% | 146.75% | -2.94% | 17.38% | 71.85% | 27.26% | 24.69% |
| Net Income | -42.17M | 37.45M | 5.04M | 9.43M | 2.66M | 8.08M | 5.22M | -24.55M | 5.62M | -13.62M | -19.92M | -140.84M | -24.45M | -27.22M | 4.99M | 19.96M | 24.11M | 2.46M | 20.03M | 20.65M |
| Net Margin % | -8.81% | 10.92% | 1.47% | 2.79% | 0.82% | 2.21% | 1.53% | -7.89% | 1.87% | -4.78% | -7.26% | -44.48% | -7.1% | -7.01% | 1.27% | 4.56% | 5.21% | 0.55% | 4.26% | 4.42% |
| Net Income Growth % | -1684.74% | 363.4% | -3.41% | 138.42% | -52.62% | 159.34% | 126.19% | 82.57% | 122.96% | 49.96% | -499.06% | -805.67% | -201.42% | -1207.36% | -75.07% | -3.35% | 434.39% | -57.94% | 888.01% | 174.31% |
| Net Income (Continuing) | -44.6M | 38.54M | 6.05M | 10.55M | 3.45M | 8.87M | 5.96M | -23.79M | 6.23M | -13.01M | -11.21M | 65.53M | -19.27M | -32.96M | -3.61M | 20.43M | 24.5M | 2.97M | 20.7M | 21.29M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | -1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 14.64M | 13.14M | 12.06M | 11.27M | 10.15M | 9.36M | 8.57M | 7.83M | 7.07M | 6.46M | 5.85M | 6.76M | 6.07M | 5.69M | 7.27M | 6.93M | 6.47M | 6.08M | 9.34M | 8.67M |
| EPS (Diluted) | -0.62 | 0.58 | 0.04 | 0.10 | -0.01 | 0.09 | 0.10 | -0.46 | 0.10 | -0.26 | -0.38 | -2.77 | -0.50 | -0.55 | 0.10 | 0.40 | 0.44 | 0.04 | 0.37 | 0.39 |
| EPS Growth % | - | 544.44% | -62.37% | 121.74% | -107% | 134.62% | 125.53% | 83.39% | 120% | 52.73% | -480% | -792.5% | -213.64% | -1409.52% | -72.97% | 2.56% | 393.33% | -65% | 825% | 160% |
| EPS (Basic) | -0.63 | 0.59 | 0.04 | 0.11 | -0.01 | 0.09 | 0.10 | -0.46 | 0.11 | -0.26 | -0.38 | -2.77 | -0.50 | -0.55 | 0.10 | 0.41 | 0.48 | 0.05 | 0.41 | 0.43 |
| Diluted Shares Outstanding | 0 | 53.19M | 54.99M | 54.37M | 53.74M | 54.38M | 54.31M | 53.07M | 54.28M | 52.03M | 52.07M | 55.52M | 49.38M | 49.12M | 49.79M | 50.5M | 55M | 57.64M | 54.63M | 52.83M |
| Basic Shares Outstanding | 0 | 52.28M | 52.9M | 52.55M | 53.13M | 53.45M | 53.48M | 53.07M | 52.57M | 52.03M | 52.07M | 50.81M | 49.38M | 49.12M | 48.96M | 49.24M | 50.09M | 49.52M | 49.01M | 48.6M |
| Dividend Payout Ratio | - | - | - | 54.08% | - | 27.63% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |