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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |