Filing Flows › Penguin Solutions (PENG) › Q4 FY25
Penguin Solutions (PENG) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Oct 21, 2025
Penguin Solutions (PENG) reported revenue of $338M for the fourth quarter fiscal 2025 (Q4 FY25), +9% from a year earlier and +4% from the quarter before. Operating margin was 3.7%, net earnings $9.4M (2.8% of revenue).
Penguin Solutions, Q4 FY25: revenue $338M (+9% year over year), operating margin 3.7%, net earnings $9.4M, operating cash flow −$70.4M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $338M | +4% | +9% |
| Gross profit | $96.7M | +2% | +11% |
| Operating profit | $12.4M | +26% | +42% |
| Net earnings | $9.4M | +254% | — |
| Operating cash flow | −$70.4M | -176% | — |
What changed
Revenue was $337.9M in Q4 FY25, up 9% year over year and up 4% from the previous quarter.
Gross margin was 28.6%, up 0.6 points from a year earlier. Operating profit was $12.4M, a 3.7% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, above the 3% margin then. Operating expenses grew 8% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+1691%). Net earnings were $9.4M. The effective tax rate was -12.8%.
Operating cash flow was −$70.4M. Non-cash charges added back $13.2M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items used $102.0M. Capital expenditures of $2.9M exceeded it, leaving free cash flow of −$73.4M.
Questions
What was Penguin Solutions' revenue in the fourth quarter fiscal 2025?
Penguin Solutions (PENG) reported revenue of $338M for the fourth quarter fiscal 2025 (Q4 FY25), +9% from a year earlier and +4% from the quarter before.
Was Penguin Solutions profitable in the fourth quarter fiscal 2025?
Operating profit was $12.4M (3.7% of revenue) and net earnings $9.4M.
Source: Penguin Solutions 10-K on SEC EDGAR.