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-on-year from $85.2 million in Q2 2025, and up 21.08% on a QoQ basis from $68.0 million in Q1 2026.

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

Penguin Solutions (PENG) has 11 years of Operating Expenses data on file, last reported at $82.4 million 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 for Q2 2026 stood at $82.4 million, up from $68.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for PENG reached as high as $113.1 million in Q1 2023 and fell as low as $61.4 million in Q3 2022.
  • Historically, Operating Expenses has averaged $84.9 million across 5 years, with a median of $83.3 million in 2025.
  • On a YoY basis, Operating Expenses climbed as much as 136.72% in 2022 and fell as far as 29.06% in 2022.
  • Year by year, Operating Expenses stood at $97.3 million in 2022, then dropped by 16.15% to $81.5 million in 2023, then declined by 1.34% to $80.5 million in 2024, then slipped by 4.88% to $76.5 million in 2025, then grew by 7.61% to $82.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $82.4 million in Q2 2026, $68.0 million in Q1 2026, and $76.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 7.29 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 15.54 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -27.00 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 528.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - 29.83 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 605.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 791.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 2.23 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.59 Bn
10 Penguin Solutions 2.98 Bn 2.74 Bn 133.21 Mn 82.35 Mn

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