Filing Flows › Penguin Solutions (PENG) › Q3 FY26 › vs Q3 FY25
Penguin Solutions (PENG) Q3 FY26 vs Q3 FY25 (year over year)
Penguin Solutions's revenue rose $154M (+48%) from $324M in Q3 FY25 to $479M in Q3 FY26. Gross margin 27.8% against 29.3% (-1.5 pts).
Penguin Solutions, Q3 FY26: revenue $479M (+48% year over year), operating margin 10.6%, net earnings $44.7M, operating cash flow −$74.8M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 27.8% | 29.3% | -1.5 pts |
| Operating margin | 10.6% | 3.0% | +7.6 pts |
| Net margin | 9.3% | 0.8% | +8.5 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $479M | $324M | $154M | +48% |
| Gross profit | $133M | $95.1M | $38.1M | +40% |
| Cost of revenue | $345M | $229M | $116M | +51% |
| Other income, net | $2.8M | $866K | $2.0M | +227% |
| Operating profit | $50.9M | $9.8M | $41.0M | +417% |
| Operating expenses | $82.4M | $85.2M | −$2.9M | -3% |
| Pre-tax earnings | $53.7M | $10.7M | $43.0M | +401% |
| Research & development | $22.0M | $20.2M | $1.8M | +9% |
| SG&A | $59.4M | $59.7M | −$320K | -0.5% |
| Other operating costs | $963K | $5.3M | −$4.3M | -82% |
| Net earnings | $44.7M | $2.7M | $42.0M | 17× |
| Minority interests | $1.5M | $789K | $705K | +89% |
| Income tax | $7.5M | $7.3M | $256K | +4% |
| Operating cash sources | $142M | −$65.9M | $208M | — |
| Depreciation & amortization | $12.3M | $14.0M | −$1.7M | -12% |
| Share-based compensation | $10.0M | $10.3M | −$255K | -2% |
| Cash used in operations | $74.8M | −$92.8M | $168M | — |
| Working capital & other | $142M | −$65.9M | $208M | — |
Questions
How much did Penguin Solutions's revenue grow year over year in Q3 FY26?
Penguin Solutions's revenue rose $154M (+48%) from $324M in Q3 FY25 to $479M in Q3 FY26. Gross margin 27.8% against 29.3% (-1.5 pts).