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

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

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.