Filing Flows › Penguin Solutions (PENG) › Q4 FY26 › vs Q3 FY26
Penguin Solutions (PENG) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Penguin Solutions's revenue rose $88.0M (+18%) from $479M in Q3 FY26 to $567M in Q4 FY26. Gross margin 27.5% against 27.8% (-0.3 pts).
Penguin Solutions, Q4 FY26: revenue $567M (+68% year over year), operating margin 12.3%, net earnings $93.2M, operating cash flow −$163M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 27.5% | 27.8% | -0.3 pts |
| Operating margin | 12.3% | 10.6% | +1.6 pts |
| Net margin | 16.4% | 9.3% | +7.1 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $567M | $479M | $88.0M | +18% |
| Gross profit | $156M | $133M | $22.7M | +17% |
| Cost of revenue | $411M | $345M | $65.3M | +19% |
| Operating profit | $69.5M | $50.9M | $18.6M | +37% |
| Operating expenses | $86.4M | $82.4M | $4.1M | +5% |
| Pre-tax earnings | $37.4M | $53.7M | −$16.3M | -30% |
| Other expense, net | $32.0M | −$2.8M | $34.9M | — |
| Research & development | $22.0M | $22.0M | $40K | +0.2% |
| SG&A | $59.9M | $59.4M | $523K | +0.9% |
| Other operating costs | $4.5M | $963K | $3.5M | +366% |
| Income tax benefit | $57.6M | −$7.5M | $65.1M | — |
| Net earnings | $93.2M | $44.7M | $48.5M | +109% |
| Minority interests | $1.8M | $1.5M | $311K | +21% |
| Operating cash sources | $275M | $142M | $133M | +94% |
| Depreciation & amortization | $12.3M | $12.3M | −$8K | -0.1% |
| Share-based compensation | $6.6M | $10.0M | −$3.4M | -34% |
| Cash used in operations | $163M | $74.8M | $88.3M | +118% |
| Working capital & other | $275M | $142M | $133M | +94% |
Questions
How much did Penguin Solutions's revenue grow quarter over quarter in Q4 FY26?
Penguin Solutions's revenue rose $88.0M (+18%) from $479M in Q3 FY26 to $567M in Q4 FY26. Gross margin 27.5% against 27.8% (-0.3 pts).