---
schema_version: "secwatch.filing_event.v1"
accession: "0001616533-26-000008"
form_type: "8-K"
ticker: "PENG"
cik: "0001616533"
company_name: "Penguin Solutions, Inc."
filed_at: "2026-01-06T23:59:59+00:00"
generated_at: "2026-05-16T11:32:35.704437+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Penguin Solutions Q1 FY2026 rev $343M (+1%), GAAP EPS $0.04, announces $46M divestiture of Brazil memory business

## Summary
- Net sales $343M (+1% YoY); GAAP diluted EPS $0.04 (vs $0.10 prior); Non-GAAP diluted EPS $0.49 (flat).
- GAAP gross margin 28.0% (down 70bps); Non-GAAP gross margin 30.0% (down 80bps).
- Divestiture: Selling remaining 19% stake in Zilia Technologies for $46.08M; expected close by March 30, 2026.
- Segment net sales: Advanced Computing $151M (down 15%), Integrated Memory $137M (up 41%), Optimized LED $55M (down 18%).

## SEC filing metadata
- accession: 0001616533-26-000008
- form_type: 8-K
- ticker: PENG
- cik: 0001616533
- company_name: Penguin Solutions, Inc.
- filed_at: 2026-01-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616533/000161653326000008/0001616533-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616533/000161653326000008/peng-20260106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616533-26-000008
- JSON: https://secwatch.observer/filing/0001616533-26-000008.json
- Plain text: https://secwatch.observer/filing/0001616533-26-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.