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| Date | Value |
|---|---|
| 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 |