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

Penguin Solutions' (PENG) quarterly Cost of Revenue came in at $345.5 million in Q2 2026, up 50.76% year-on-year from $229.2 million in Q2 2025, and up 38.59% on a QoQ basis from $249.3 million in Q1 2026.

Penguin Solutions (PENG) Cost of Revenue (2016 - 2026) Analysis & Trends

Penguin Solutions (PENG) has 11 years of Cost of Revenue data on file, last reported at $345.5 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 50.76% year-over-year to $345.5 million in Q2 2026; TTM through May 2026 was $1.1 billion, a 13.11% increase from a year earlier, with the FY2025 full-year figure at $974.5 million, up 17.41% from the prior year.
  • Cost of Revenue for Q2 2026 stood at $345.5 million, up from $249.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for PENG reached as high as $348.1 million in Q2 2022 and fell as low as -$27.4 million in Q3 2022.
  • Historically, Cost of Revenue has averaged $228.2 million across 5 years, with a median of $243.6 million in 2023.
  • Across the five-year window, Cost of Revenue soared 7724.6% in 2022 and tumbled 31.57% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $279.7 million in 2022, then tumbled by 31.57% to $191.4 million in 2023, then advanced by 27.11% to $243.3 million in 2024, then climbed by 1.51% to $247.0 million in 2025, then jumped by 39.9% to $345.5 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $345.5 million in Q2 2026, $249.3 million in Q1 2026, and $247.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 International Business Machines 203.45 Bn 192.09 Bn 9.91 Bn 7.26 Bn
2 Accenture 94.76 Bn 84.59 Bn 6.13 Bn 12.58 Bn
3 Cgi 61.46 Bn 60.81 Bn - -
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn 324.09 Mn
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn 3.48 Bn
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn 3.64 Bn
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn 2.19 Bn
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn 1.85 Bn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn 4.49 Bn
10 Penguin Solutions 2.69 Bn 2.25 Bn 133.21 Mn 345.50 Mn

Historic Data

Download Data
DateValue
May 29, 2026 345.50 Mn
May 29, 2026 345.50 Mn
Feb 27, 2026 249.30 Mn
Feb 27, 2026 249.30 Mn
Nov 28, 2025 246.96 Mn
Nov 28, 2025 246.96 Mn
Aug 29, 2025 241.19 Mn
Aug 29, 2025 241.19 Mn
May 30, 2025 229.17 Mn
May 30, 2025 229.17 Mn
Feb 28, 2025 260.87 Mn
Feb 28, 2025 260.87 Mn
Nov 29, 2024 243.29 Mn
Nov 29, 2024 243.29 Mn
Aug 30, 2024 224.06 Mn
Aug 30, 2024 224.06 Mn
May 31, 2024 211.67 Mn
May 31, 2024 211.67 Mn
Mar 1, 2024 202.89 Mn
Mar 1, 2024 202.89 Mn