PENGUIN SOLUTIONS, INC. (PENG) FY2026 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-08-30 to 2026-08-28

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PENGUIN SOLUTIONS, INC. cash flow reconciliation, Aug 30, 2025 through Aug 28, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from debt, net of lender debt issuance costs → financing reconciliation: $736,500,000.00Proceeds from restricted cash advances → financing reconciliation: $93,000,000.00Proceeds from issuance of common stock → financing reconciliation: $10,358,000.00financing reconciliation → Net cash from financing activities: $287,278,000.00financing reconciliation → Repayments of debt: $315,454,000.00financing reconciliation → Repayments of borrowings under line of credit: $100,000,000.00financing reconciliation → Payments to acquire common stock: $74,427,000.00financing reconciliation → Net cash paid for settlement and purchase of capped calls: $49,125,000.00financing reconciliation → Payment of preferred stock cash dividends: $12,233,000.00financing reconciliation → Payment of third-party debt issuance costs: $1,341,000.00Proceeds from disposition of equity investments → investing reconciliation: $71,752,000.00investing reconciliation → Net cash from investing activities: $58,090,000.00investing reconciliation → Capital expenditures and deposits on equipment: $11,569,000.00investing reconciliation → Other: $2,093,000.00Net cash used in operating activities → operating reconciliation: $151,914,000.00Net income (loss) from continuing operations → operating reconciliation: $185,788,000.00Accounts payable and accrued expenses and other liabilities → operating reconciliation: $606,963,000.00Depreciation expense and amortization of intangible assets → operating reconciliation: $50,176,000.00Inducement expense related to the conversion of the 2029 and 2030 Notes → operating reconciliation: $33,248,000.00Stock-based compensation expense → operating reconciliation: $31,815,000.00Loss on impairment of non-marketable equity investment → operating reconciliation: $10,000,000.00Amortization of debt issuance costs → operating reconciliation: $2,728,000.00Other → operating reconciliation: $1,969,000.00Other assets → operating reconciliation: $964,000.00operating reconciliation → Inventories: $493,603,000.00operating reconciliation → Accounts receivable (including related party balances of $683, $— , and $— as of August 28, 2026, August 29, 2025, and August 30, 2024, respectively): $488,360,000.00operating reconciliation → Deferred income taxes, net: $62,660,000.00operating reconciliation → Gain on disposition of equity investment: $30,942,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $454,070,000.00Net cash from financing activities → Cash sources and uses: $287,278,000.00Net cash from investing activities → Cash sources and uses: $58,090,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $647,524,000.00Cash sources and uses → Net cash used in operating activities: $151,914,000.00Net cash used for operating activities from discontinued operations: $0.00Net income (loss) from continuing operations: $185,788,000.00Continuing ops income (loss)+$185.79 MDepreciation expense and amortization of intangible assets: $50,176,000.00Depreciation & amortization+$50.18 MAmortization of debt issuance costs: $2,728,000.00Debt cost amortization+$2.73 MStock-based compensation expense: $31,815,000.00Stock-based compensation+$31.82 MLoss on impairment of non-marketable equity investment: $10,000,000.00Non-marketable equity impairment+$10.00 MImpairment of goodwill: $0.00Loss on extinguishment of debt: $0.00Gain on disposition of equity investment: -$30,942,000.00Investment sale gain & loss−$30.94 MDeferred income taxes, net: -$62,660,000.00Deferred tax balances−$62.66 MOther: $1,969,000.00Other working capital, net+$1.97 MAccounts receivable (including related party balances of $683, $— , and $— as of August 28, 2026, August 29, 2025, and August 30, 2024, respectively): -$488,360,000.00Accounts receivable−$488.36 MInventories: -$493,603,000.00Inventories−$493.60 MOther assets: $964,000.00Other current assets+$964.00 KAccounts payable and accrued expenses and other liabilities: $606,963,000.00Payables & accrued liabilities+$606.96 MPayment of acquisition-related contingent consideration: $0.00Inducement expense related to the conversion of the 2029 and 2030 Notes: $33,248,000.00Convertible debt inducement+$33.25 MNet cash used in operating activities: -$151,914,000.00. Cash required to fund net payments.Operating cash−$151.91 Moperating reconciliation: $1,075,565,000.00Repayments of debt: -$315,454,000.00Debt repaid−$315.45 MPayments to acquire common stock: -$74,427,000.00Common stock repurchases−$74.43 MPayment of acquisition-related contingent consideration: $0.00Net cash paid for settlement and purchase of capped calls: -$49,125,000.00Net cash paid for settlement and purchase of cappedcalls−$49.13 MDistribution to noncontrolling interest: $0.00Proceeds from debt, net of lender debt issuance costs: $736,500,000.00Debt issued+$736.50 MProceeds from issuance of common stock: $10,358,000.00Common stock issued+$10.36 MProceeds from restricted cash advances: $93,000,000.00Restricted cash advances+$93.00 MPayment of preferred stock cash dividends: -$12,233,000.00Preferred dividends paid−$12.23 MRepayments of borrowings under line of credit: -$100,000,000.00Credit line repayments−$100.00 MProceeds from issuance of convertible preferred stock, net of issuance costs: $0.00Proceeds from borrowing under line of credit: $0.00Payment of third-party debt issuance costs: -$1,341,000.00Debt issuance costs−$1.34 MOther: $0.00Fees paid for revolving line of credit financing: $0.00Net cash used for financing activities from discontinued operations: $0.00Net cash from financing activities: $287,278,000.00Financing cash+$287.28 Mfinancing reconciliation: $839,858,000.00Capital expenditures and deposits on equipment: -$11,569,000.00PP&E purchases−$11.57 MProceeds from sales and maturities of investment securities: $0.00Purchases of held-to-maturity investment securities: $0.00Purchases of non-marketable investments: $0.00Proceeds from disposition of equity investments: $71,752,000.00Equity-method investment sales+$71.75 MOther: -$2,093,000.00Other investing, net−$2.09 MNet cash provided by investing activities from discontinued operations: $0.00Net cash from investing activities: $58,090,000.00Investing cash+$58.09 Minvesting reconciliation: $71,752,000.00Cash sources and uses: $799,438,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $454,070,000.00Beginning cash$454.07 MEnding cash: Cash, cash equivalents, and restricted cash: $647,524,000.00Ending cash$647.52 MCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsFree cash flow−$163.48 MOperating cash − cash spent on PP&ECash flow / Net incomeUnavailableOperating cash flow ÷ net incomeNet cash change+$193.45 MEnding cash − beginning cash
Chart details

PENGUIN SOLUTIONS, INC. cash flow reconciliation, Aug 30, 2025 through Aug 28, 2026

Cash flows for Aug 30, 2025 through Aug 28, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Aug 29, 2025. Ending cash: Aug 28, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Aug 29, 2025
454,070,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 151,914,000 US dollars. Net cash used.
Net cash used for operating activities from discontinued operations
0 US dollars
Net income (loss) from continuing operations
185,788,000 US dollars
Depreciation expense and amortization of intangible assets
50,176,000 US dollars
Amortization of debt issuance costs
2,728,000 US dollars
Stock-based compensation expense
31,815,000 US dollars
Loss on impairment of non-marketable equity investment
10,000,000 US dollars
Impairment of goodwill
0 US dollars
Loss on extinguishment of debt
0 US dollars
Gain on disposition of equity investment
negative 30,942,000 US dollars
Deferred income taxes, net
negative 62,660,000 US dollars
Other
1,969,000 US dollars
Accounts receivable (including related party balances of $683, $— , and $— as of August 28, 2026, August 29, 2025, and August 30, 2024, respectively)
negative 488,360,000 US dollars
Inventories
negative 493,603,000 US dollars
Other assets
964,000 US dollars
Accounts payable and accrued expenses and other liabilities
606,963,000 US dollars
Payment of acquisition-related contingent consideration
0 US dollars
Inducement expense related to the conversion of the 2029 and 2030 Notes
33,248,000 US dollars
Investing activities
58,090,000 US dollars. Net cash provided.
Capital expenditures and deposits on equipment
negative 11,569,000 US dollars
Proceeds from sales and maturities of investment securities
0 US dollars
Purchases of held-to-maturity investment securities
0 US dollars
Purchases of non-marketable investments
0 US dollars
Proceeds from disposition of equity investments
71,752,000 US dollars
Other
negative 2,093,000 US dollars
Net cash provided by investing activities from discontinued operations
0 US dollars
Financing activities
287,278,000 US dollars. Net cash provided.
Repayments of debt
negative 315,454,000 US dollars
Payments to acquire common stock
negative 74,427,000 US dollars
Payment of acquisition-related contingent consideration
0 US dollars
Net cash paid for settlement and purchase of capped calls
negative 49,125,000 US dollars
Distribution to noncontrolling interest
0 US dollars
Proceeds from debt, net of lender debt issuance costs
736,500,000 US dollars
Proceeds from issuance of common stock
10,358,000 US dollars
Proceeds from restricted cash advances
93,000,000 US dollars
Payment of preferred stock cash dividends
negative 12,233,000 US dollars
Repayments of borrowings under line of credit
negative 100,000,000 US dollars
Proceeds from issuance of convertible preferred stock, net of issuance costs
0 US dollars
Proceeds from borrowing under line of credit
0 US dollars
Payment of third-party debt issuance costs
negative 1,341,000 US dollars
Other
0 US dollars
Fees paid for revolving line of credit financing
0 US dollars
Net cash used for financing activities from discontinued operations
0 US dollars
Operating adjustment reconciliation
1,075,565,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
839,858,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
71,752,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Aug 28, 2026
647,524,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
799,438,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
193,454,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Unavailable. Operating cash flow and reconciliation net income for the same period are required.
Operating cash flow
negative 151,914,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
11,569,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 163,483,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 151,914,000 US dollars minus 11,569,000 US dollars equals negative 163,483,000 US dollars.
PENGUIN SOLUTIONS, INC. (PENG) FY2026 Annual Statement of Cash Flows Sankey chart
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