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

Penguin Solutions (PENG) Operating Expenses (2016 - 2026)

Penguin Solutions' (PENG) quarterly Operating Expenses came in at $82.4 million in Q2 2026, down 3.39% year-over-year from $85.2 million in Q2 2025, and up 21.08% quarter-over-quarter from $68.0 million in Q1 2026.

Analysis

Penguin Solutions (PENG) Operating Expenses (2016 - 2026) Analysis & Trends

Penguin Solutions (PENG) has reported Operating Expenses for 11 consecutive years, with $82.4 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 3.39% year-over-year to $82.4 million in Q2 2026; TTM through May 2026 was $311.2 million, a 5.75% decrease from a year earlier, with the FY2025 full-year figure at $336.1 million, up 4.24% from the prior year.
  • Operating Expenses was $82.4 million for Q2 2026 at Penguin Solutions, up from $68.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $113.1 million in Q1 2023 and troughed at $61.4 million in Q3 2022.
  • A 5-year average of $84.9 million and a median of $83.3 million in 2025 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 136.72% in 2022, down 29.06% in 2022.
  • Over 5 years, Operating Expenses stood at $97.3 million in 2022, then fell by 16.15% to $81.5 million in 2023, then retreated by 1.34% to $80.5 million in 2024, then declined by 4.88% to $76.5 million in 2025, then rose by 7.61% to $82.4 million in 2026.
  • The last three Operating Expenses figures came in at $82.4 million (Q2 2026), $68.0 million (Q1 2026), and $76.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 362.97 Bn 351.40 Bn 9.83 Bn 4.45 Bn
2 Arista Networks 251.55 Bn 238.20 Bn 1.91 Bn 532.30 Mn
3 Sandisk 238.47 Bn 233.71 Bn 7.58 Bn 545.00 Mn
4 Seagate Technology Holdings 188.28 Bn 186.57 Bn 1.90 Bn 2.07 Bn
5 Western Digital 161.43 Bn 159.85 Bn 2.03 Bn 465.00 Mn
6 Hewlett Packard Enterprise 82.45 Bn 76.23 Bn 4.93 Bn 10.82 Bn
7 NetApp 39.14 Bn 35.57 Bn 1.42 Bn 935.00 Mn
8 Everpure 32.71 Bn 31.71 Bn 811.39 Mn 748.23 Mn
9 Super Micro Computer 26.34 Bn 18.82 Bn 1.94 Bn 454.57 Mn
10 Penguin Solutions 2.62 Bn 2.38 Bn 133.21 Mn 82.35 Mn
Historic Data

Historic Data

Download Data
DateValue
May 29, 2026 82.35 Mn
Feb 27, 2026 68.01 Mn
Nov 28, 2025 76.53 Mn
Aug 29, 2025 84.28 Mn
May 30, 2025 85.24 Mn
Feb 28, 2025 86.16 Mn
Nov 29, 2024 80.46 Mn
Aug 30, 2024 78.30 Mn
May 31, 2024 77.40 Mn
Mar 1, 2024 85.25 Mn
Dec 1, 2023 81.55 Mn
Aug 25, 2023 93.22 Mn
May 26, 2023 102.87 Mn
Feb 24, 2023 113.09 Mn
Nov 25, 2022 97.25 Mn
Aug 26, 2022 61.40 Mn
May 27, 2022 79.15 Mn
Feb 25, 2022 95.91 Mn
Nov 26, 2021 87.41 Mn
Aug 27, 2021 86.55 Mn