# PENGUIN SOLUTIONS, INC. (PENG) FY2026 Annual P&L / Income Statement

- Company: PENGUIN SOLUTIONS, INC. (PENG)
- Period: 2025-08-30 to 2026-08-28
- Filing: FY2026 10-K, filed 2026-10-20, accession number 0001616533-26-000050
- Page: https://plicit.ai/financials/peng/fy2026-annual-income-statement
- Chart image: https://plicit.ai/charts/peng-fy2026-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-08-30 through 2026-08-28. View: Product and service. Revenue and costs use their disclosed categories.

- **Total net sales**: 1,731,468,000 US dollars
- **Total cost of sales**: 1,252,543,000 US dollars
- **Gross profit**: 478,925,000 US dollars
- **Total operating expenses**: 313,329,000 US dollars
- **Operating income**: 165,596,000 US dollars
- **Total non-operating (income) expense**: negative 13,673,000 US dollars
- **Income (loss) before taxes**: 151,923,000 US dollars
- **Income tax (benefit) provision**: negative 33,865,000 US dollars
- **Net income (loss)**: 185,788,000 US dollars
- **Products revenue**: 1,480,932,000 US dollars
- **Services revenue**: 250,536,000 US dollars
- **Products cost of revenue**: 1,136,695,000 US dollars
- **Services cost of revenue**: 115,848,000 US dollars
- **Impairment of goodwill**: 0 US dollars
- **Research and development**: 81,677,000 US dollars
- **Other operating expense**: 11,240,000 US dollars
- **Selling, general and administrative**: 220,412,000 US dollars
- **Net loss from discontinued operations**: 0 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to PENGUIN SOLUTIONS, INC.: $180.62 M; to noncontrolling interests: $5.17 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/peng/fy2026-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/peng-fy2026-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-08-30 through 2026-08-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total net sales**: 1,731,468,000 US dollars
- **Total cost of sales**: 1,252,543,000 US dollars
- **Gross profit**: 478,925,000 US dollars
- **Total operating expenses**: 313,329,000 US dollars
- **Operating income**: 165,596,000 US dollars
- **Total non-operating (income) expense**: negative 13,673,000 US dollars
- **Income (loss) before taxes**: 151,923,000 US dollars
- **Income tax (benefit) provision**: negative 33,865,000 US dollars
- **Net income (loss)**: 185,788,000 US dollars
- **Advanced Computing**: 558,789,000 US dollars
- **Integrated Memory**: 924,001,000 US dollars
- **Optimized LED**: 248,678,000 US dollars
- **Impairment of goodwill**: 0 US dollars
- **Research and development**: 81,677,000 US dollars
- **Other operating expense**: 11,240,000 US dollars
- **Selling, general and administrative**: 220,412,000 US dollars
- **Net loss from discontinued operations**: 0 US dollars. Reported below-tax contribution to net income.
- **Advanced Computing costs (calculated)**: 520,482,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Integrated Memory costs (calculated)**: 739,059,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Optimized LED costs (calculated)**: 230,965,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 75,366,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to PENGUIN SOLUTIONS, INC.: $180.62 M; to noncontrolling interests: $5.17 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/peng/fy2026-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/peng-fy2026-annual-revenue-by-geography-sankey.png

Income statement for 2025-08-30 through 2026-08-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total net sales**: 1,731,468,000 US dollars
- **Total cost of sales**: 1,252,543,000 US dollars
- **Gross profit**: 478,925,000 US dollars
- **Total operating expenses**: 313,329,000 US dollars
- **Operating income**: 165,596,000 US dollars
- **Total non-operating (income) expense**: negative 13,673,000 US dollars
- **Income (loss) before taxes**: 151,923,000 US dollars
- **Income tax (benefit) provision**: negative 33,865,000 US dollars
- **Net income (loss)**: 185,788,000 US dollars
- **UNITED STATES**: 759,448,000 US dollars
- **CHINA**: 301,662,000 US dollars
- **Europe**: 102,488,000 US dollars
- **MEXICO**: 264,948,000 US dollars
- **Other**: 302,922,000 US dollars
- **Impairment of goodwill**: 0 US dollars
- **Research and development**: 81,677,000 US dollars
- **Other operating expense**: 11,240,000 US dollars
- **Selling, general and administrative**: 220,412,000 US dollars
- **Net loss from discontinued operations**: 0 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to PENGUIN SOLUTIONS, INC.: $180.62 M; to noncontrolling interests: $5.17 M.