Penguin Solutions (PENG) Operating Leases (2019 - 2026)
Penguin Solutions (PENG) reported Operating Leases of $59.35 million for fiscal Q3 2026 (quarter ended May 29, 2026), down 6.8% from $63.65 million a year earlier and down 2.3% from the prior quarter.
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Analysis
Penguin Solutions (PENG) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025 (ended Aug 29, 2025), Penguin Solutions posted Operating Leases of $62.74 million, up 3.6% from FY2024.
- Operating Leases has a five-year compound annual growth rate of 24.7% (FY2020 to FY2025).
- By fiscal year, Operating Leases came in at $60.54 million in FY2024 (-8.8%), $66.41 million in FY2023 (-0.9%), $66.99 million in FY2022 (+106.6%) and $32.42 million in FY2021 (+55.6%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Operating Leases since fiscal Q2 2025.
- Year over year, Operating Leases gained in four of the last eight quarters, with an average decline of 2.0%.
- The high point for year-over-year Operating Leases in five years was fiscal Q2 2023 (growth of 181.3%); the low point was fiscal Q2 2024 (a decline of 17.8%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $60.75 million (Q2 2026), $61.41 million (Q1 2026) and $62.74 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,825.63 Bn | 4,573.12 Bn | 54.77 Bn |
| 2 | Cisco Systems | 429.17 Bn | 365.10 Bn | 11.06 Bn |
| 3 | Dell Technologies | 346.69 Bn | 302.44 Bn | 9.83 Bn |
| 4 | Sandisk | 261.00 Bn | 249.52 Bn | 7.58 Bn |
| 5 | Arista Networks | 257.88 Bn | 211.33 Bn | 1.91 Bn |
| 6 | Seagate Technology Holdings | 214.45 Bn | 209.44 Bn | 1.90 Bn |
| 7 | Western Digital | 166.98 Bn | 155.11 Bn | 2.03 Bn |
| 8 | Sony | 144.46 Bn | 94.85 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 92.66 Bn | 84.47 Bn | 477.30 Mn |
| 10 | Penguin Solutions | 2.82 Bn | 1.18 Bn | 133.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 29, 2026 | 59.35 Mn |
| Feb 27, 2026 | 60.75 Mn |
| Nov 28, 2025 | 61.41 Mn |
| Aug 29, 2025 | 62.74 Mn |
| May 30, 2025 | 63.65 Mn |
| Feb 28, 2025 | 56.82 Mn |
| Nov 29, 2024 | 58.61 Mn |
| Aug 30, 2024 | 60.54 Mn |
| May 31, 2024 | 62.05 Mn |
| Mar 1, 2024 | 62.59 Mn |
| Dec 1, 2023 | 64.41 Mn |
| Aug 25, 2023 | 66.41 Mn |
| May 26, 2023 | 73.42 Mn |
| Feb 24, 2023 | 76.09 Mn |
| Nov 25, 2022 | 76.95 Mn |
| Aug 26, 2022 | 66.99 Mn |
| May 27, 2022 | 36.59 Mn |
| Feb 25, 2022 | 27.05 Mn |
| Nov 26, 2021 | 29.40 Mn |
| Aug 27, 2021 | 32.42 Mn |
API Access
Penguin Solutions Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=PENG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "PENG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=PENG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();