KPIs & Operating Metrics(New)
Growth Metrics

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

Penguin Solutions (PENG) has disclosed Cost of Revenue for 10 consecutive years, with $247.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 1.51% to $247.0 million in Q4 2025 year-over-year; TTM through Nov 2025 was $978.2 million, a 10.92% increase, with the full-year FY2025 number at $974.5 million, up 17.41% from a year prior.
  • Cost of Revenue was $247.0 million for Q4 2025 at Penguin Solutions, up from $241.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $353.2 million in Q2 2021 to a low of -$27.4 million in Q3 2022.
  • A 5-year average of $220.7 million and a median of $242.2 million in 2024 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: crashed 110.51% in 2021, then surged 7724.6% in 2022.
  • Penguin Solutions' Cost of Revenue stood at $347.7 million in 2021, then dropped by 19.57% to $279.7 million in 2022, then crashed by 31.57% to $191.4 million in 2023, then rose by 27.11% to $243.3 million in 2024, then grew by 1.51% to $247.0 million in 2025.
  • Per Business Quant, the three most recent readings for PENG's Cost of Revenue are $247.0 million (Q4 2025), $241.2 million (Q3 2025), and $229.2 million (Q2 2025).