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Filing Flows › Penguin Solutions (PENG) › Q4 FY26 › vs Q4 FY25

Penguin Solutions (PENG) Q4 FY26 vs Q4 FY25 (year over year)

Penguin Solutions's revenue rose $229M (+68%) from $338M in Q4 FY25 to $567M in Q4 FY26. Gross margin 27.5% against 28.6% (-1.1 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 Q4 FY25, the increases inside each band.

Penguin Solutions: what changed, Q4 FY26 vs Q4 FY25Penguin Solutions: what changed, Q4 FY26 vs Q4 FY25Operating cash sources$174MWorking capital & other$174MCost of revenue$170MCash used in operations$92.7MNet earnings$83.8MGross profit$59.2MOperating profit$57.0MIncome tax benefit$56.4MOther expense, net$29.0MPre-tax earnings$28.1M

Margins

Q4 FY26Q4 FY25Change
Gross margin27.5%28.6%-1.1 pts
Operating margin12.3%3.7%+8.6 pts
Net margin16.4%2.8%+13.7 pts

Every line

LineQ4 FY26Q4 FY25Change%
Revenue$567M$338M$229M+68%
Gross profit$156M$96.7M$59.2M+61%
Cost of revenue$411M$241M$170M+70%
Operating profit$69.5M$12.4M$57.0M+458%
Operating expenses$86.4M$84.3M$2.2M+3%
Pre-tax earnings$37.4M$9.4M$28.1M+300%
Other expense, net$32.0M$3.1M$29.0M+936%
Research & development$22.0M$19.9M$2.2M+11%
SG&A$59.9M$58.6M$1.3M+2%
Other operating costs$4.5M$5.8M−$1.3M-23%
Income tax benefit$57.6M$1.2M$56.4M48×
Net earnings$93.2M$9.4M$83.8M+888%
Minority interests$1.8M$1.1M$686K+61%
Operating cash sources$275M$101M$174M+173%
Depreciation & amortization$12.3M$13.2M−$907K-7%
Share-based compensation$6.6M$7.8M−$1.2M-15%
Cash used in operations$163M$70.4M$92.7M+132%
Working capital & other$275M$101M$174M+173%

Questions

How much did Penguin Solutions's revenue grow year over year in Q4 FY26?

Penguin Solutions's revenue rose $229M (+68%) from $338M in Q4 FY25 to $567M in Q4 FY26. Gross margin 27.5% against 28.6% (-1.1 pts).

Q4 FY26 results → · Compare in the interactive Sankey →