KPIs & Operating Metrics(New)
Cash Flow Statement
Growth Metrics

Penguin Solutions (PENG) Cost of Revenue (2016 - 2026)

Penguin Solutions has reported Cost of Revenue over the past 11 years, most recently at $249.3 million for Q1 2026.

  • Quarterly Cost of Revenue fell 4.44% to $249.3 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $966.6 million through Feb 2026, up 2.84% year-over-year, with the annual reading at $974.5 million for FY2025, 17.41% up from the prior year.
  • Cost of Revenue was $249.3 million for Q1 2026 at Penguin Solutions, up from $247.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $348.1 million in Q2 2022 and troughed at -$27.4 million in Q3 2022.
  • The 5-year median for Cost of Revenue is $243.3 million (2024), against an average of $221.3 million.
  • Year-over-year, Cost of Revenue surged 7724.6% in 2022 and then tumbled 31.57% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $279.7 million in 2022, then tumbled by 31.57% to $191.4 million in 2023, then increased by 27.11% to $243.3 million in 2024, then rose by 1.51% to $247.0 million in 2025, then rose by 0.95% to $249.3 million in 2026.
  • Per Business Quant, the three most recent readings for PENG's Cost of Revenue are $249.3 million (Q1 2026), $247.0 million (Q4 2025), and $241.2 million (Q3 2025).