KPIs & Operating Metrics(New)
Growth Metrics

Penguin Solutions (PENG) Operating Expenses (2016 - 2025)

Penguin Solutions (PENG) has disclosed Operating Expenses for 10 consecutive years, with $76.5 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 4.88% to $76.5 million in Q4 2025 year-over-year; TTM through Nov 2025 was $332.2 million, a 3.37% increase, with the full-year FY2025 number at $336.1 million, up 4.24% from a year prior.
  • Operating Expenses was $76.5 million for Q4 2025 at Penguin Solutions, down from $84.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $113.1 million in Q1 2023 to a low of $40.5 million in Q1 2021.
  • A 5-year average of $83.3 million and a median of $84.8 million in 2025 define the central range for Operating Expenses.
  • Biggest YoY gain for Operating Expenses was 136.72% in 2022; the steepest drop was 29.06% in 2022.
  • Penguin Solutions' Operating Expenses stood at $87.4 million in 2021, then rose by 11.26% to $97.3 million in 2022, then decreased by 16.15% to $81.5 million in 2023, then fell by 1.34% to $80.5 million in 2024, then dropped by 4.88% to $76.5 million in 2025.
  • Per Business Quant, the three most recent readings for PENG's Operating Expenses are $76.5 million (Q4 2025), $84.3 million (Q3 2025), and $85.2 million (Q2 2025).