---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-016180"
form_type: "8-K"
ticker: "PENG"
cik: "0001616533"
company_name: "Penguin Solutions, Inc."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:41:53.668473+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Penguin Solutions Q2 revenue up 28% to $366M; raises full-year outlook; COO Pacheco to retire

## Summary
- Revenue $365.5M, +28.3% YoY; GAAP EPS $0.09, Non-GAAP EPS $0.52 vs $0.27 YoY.
- Advanced Computing $200M, Integrated Memory $105M, Optimized LED $60M.
- Raising midpoint of full-year revenue guidance due to strong first half.
- COO & President of Integrated Memory Jack Pacheco retiring Dec 31, 2025; will become special advisor.

## SEC filing metadata
- accession: 0001628280-25-016180
- form_type: 8-K
- ticker: PENG
- cik: 0001616533
- company_name: Penguin Solutions, Inc.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616533/000162828025016180/0001628280-25-016180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616533/000162828025016180/peng-20250401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-016180
- JSON: https://secwatch.observer/filing/0001628280-25-016180.json
- Plain text: https://secwatch.observer/filing/0001628280-25-016180.txt

## Key facts
- Executive change
  Jack Pacheco retired as Executive Vice President, Chief Operating Officer and President of Integrated Memory at Penguin Solutions, Inc..
  - Action: retired
  - Role: Executive Vice President, Chief Operating Officer and President of Integrated Memory
  source text: On April 1, 2025, Jack Pacheco, the Company’s Executive Vice President, Chief Operating Officer (“COO”) and President of Integrated Memory, informed the Company of his decision to retire on December 31, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616533/000162828025016180/0001628280-25-016180-index.htm

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