Penguin Solutions PENG
NASDAQ PENG
$51.16 +2.54 (+5.22%)
At close: Sep 11, 2026 · 4:00 PM EDT

Penguin Solutions (PENG) Gross Margin (2016 - 2026)

Penguin Solutions' (PENG) quarterly Gross Margin came in at 27.83% in Q2 2026, down 150.0% year-over-year from 55.66% in Q2 2025, and up 1.86% quarter-over-quarter from 27.32% in Q1 2026.

Analysis

Penguin Solutions (PENG) Gross Margin (2016 - 2026) Analysis & Trends

Penguin Solutions (PENG) has reported Gross Margin for 11 consecutive years, with 27.83% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 150.0% year-over-year to 27.83% in Q2 2026; TTM through May 2026 was 27.93%, a 73.0% decrease from a year earlier, with the FY2025 full-year figure at 28.8%, down 30.0% from the prior year.
  • Gross Margin was 27.83% for Q2 2026 at Penguin Solutions, up from 27.32% in the prior quarter.
  • Over five years, Gross Margin peaked at 30.21% in Q4 2023 and troughed at 26.05% in Q3 2022.
  • A 5-year average of 28.55% and a median of 28.65% in 2024 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 1118 bps in 2022, down 18841 bps in 2022.
  • Over 5 years, Gross Margin stood at 28.61% in 2022, then increased by 6 bps to 30.21% in 2023, then dropped by 5 bps to 28.68% in 2024, then dropped by 2 bps to 28.01% in 2025, then decreased by 1 bps to 27.83% in 2026.
  • The last three Gross Margin figures came in at 27.83% (Q2 2026), 27.32% (Q1 2026), and 28.01% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Dell Technologies 362.97 Bn 351.40 Bn 9.83 Bn 20.93%
2 Arista Networks 251.55 Bn 238.20 Bn 1.91 Bn 62.93%
3 Sandisk 238.47 Bn 233.71 Bn 7.58 Bn 84.57%
4 Seagate Technology Holdings 188.28 Bn 186.57 Bn 1.90 Bn 52.30%
5 Western Digital 161.43 Bn 159.85 Bn 2.03 Bn 54.12%
6 Hewlett Packard Enterprise 82.45 Bn 76.23 Bn 4.93 Bn 40.34%
7 NetApp 39.14 Bn 35.57 Bn 1.42 Bn 70.07%
8 Everpure 32.71 Bn 31.71 Bn 811.39 Mn 68.42%
9 Super Micro Computer 26.34 Bn 18.82 Bn 1.94 Bn 17.47%
10 Penguin Solutions 2.62 Bn 2.38 Bn 133.21 Mn 27.83%
Historic Data

Historic Data

Download Data
DateValue
May 29, 2026 27.83%
Feb 27, 2026 27.32%
Nov 28, 2025 28.01%
Aug 29, 2025 28.63%
May 30, 2025 29.32%
Feb 28, 2025 28.63%
Nov 29, 2024 28.68%
Aug 30, 2024 27.99%
May 31, 2024 29.58%
Mar 1, 2024 28.77%
Dec 1, 2023 30.21%
Aug 25, 2023 28.92%
May 26, 2023 29.17%
Feb 24, 2023 28.58%
Nov 25, 2022 28.61%
Aug 26, 2022 26.05%
May 27, 2022 28.81%
Feb 25, 2022 28.76%
Nov 26, 2021 28.54%
Aug 27, 2021 214.46%