Penguin Solutions Q2 FY2026: net sales $343M, GAAP EPS $0.58; raises FY outlook

Penguin Solutions, Inc.

2026-Q2 EPS reported $0.61 revenue$686,070,000

Net sales $343M (-6% YoY); GAAP diluted EPS $0.58 vs $0.09; non-GAAP EPS $0.52 (unchanged).
Integrated Memory segment net sales $171.6M (+63% YoY); Advanced Computing $115.7M (-42% YoY).
Added five AI/HPC customers including a Tier One financial institution deploying MemoryAI CXL server.
Raised full-year net sales and EPS guidance; CEO cites strong memory demand and AI factory buildouts.
Non-GAAP gross margin 31.2% (+40 bps YoY); GAAP gross margin 27.3% (-130 bps YoY).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Penguin Solutions, Inc. reported second quarter of fiscal 2026 results: revenue $343 million, EPS $0.58. Guidance raised.

Period: second quarter of fiscal 2026
Revenue: $343 million
EPS: $0.58
Guidance: raised
Result: reported results

Exact text from the filing

“we,” “us,” or the “Company”) (Nasdaq: PENG) today reported financial results for the second quarter of fiscal 2026. Second Quarter Fiscal 2026 Highlights • Net sales of $343 million, down 6% versus the year-ago quarter • GAAP gross margin of 27.3%, down 130 basis points versus the year-ago quarter • Non-GAAP gross margin of 31.2%, up 40 basis points versus

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Penguin Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001616533-26-000028

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.