Penguin Solutions (PENG) Research & Development (2016 - 2026)
Penguin Solutions (PENG) posted quarterly Research & Development of $22.0 million for Q2 2026, up 8.71% year-over-year from $20.2 million in Q2 2025, and up 15.85% quarter-over-quarter from $19.0 million in Q1 2026.
Penguin Solutions (PENG) Research & Development (2016 - 2026) Analysis & Trends
Penguin Solutions (PENG) has reported Research & Development for 11 consecutive years, with $22.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 8.71% year-over-year to $22.0 million; the TTM figure through May 2026 stood at $79.5 million (changed 0.46% YoY), while the FY2025 annual figure was $79.8 million, down 2.13% from the prior year.
- Research & Development advanced to $22.0 million in Q2 2026 per PENG's latest filing, from $19.0 million in the prior quarter.
- Across five years, Research & Development topped out at $25.3 million in Q1 2023 and bottomed at $18.7 million in Q4 2025.
- Historically, Research & Development has averaged $20.6 million across 5 years, with a median of $20.3 million in 2022.
- On a YoY basis, Research & Development climbed as much as 112.31% in 2022 and fell as far as 24.37% in 2022.
- Penguin Solutions' Research & Development stood at $24.1 million in 2022, then declined by 11.15% to $21.4 million in 2023, then fell by 7.38% to $19.8 million in 2024, then fell by 5.64% to $18.7 million in 2025, then rose by 17.61% to $22.0 million in 2026.
- Business Quant data shows PENG's Research & Development at $22.0 million in Q2 2026, $19.0 million in Q1 2026, and $18.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 2.31 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 1.81 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 270.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | - |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -174.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | - |
| 10 | Penguin Solutions | 2.60 Bn | 2.16 Bn | 133.21 Mn | 21.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 29, 2026 | 21.98 Mn |
| Feb 27, 2026 | 18.98 Mn |
| Nov 28, 2025 | 18.69 Mn |
| Aug 29, 2025 | 19.86 Mn |
| May 30, 2025 | 20.22 Mn |
| Feb 28, 2025 | 19.91 Mn |
| Nov 29, 2024 | 19.81 Mn |
| Aug 30, 2024 | 19.94 Mn |
| May 31, 2024 | 19.68 Mn |
| Mar 1, 2024 | 20.53 Mn |
| Dec 1, 2023 | 21.39 Mn |
| Aug 25, 2023 | 20.88 Mn |
| May 26, 2023 | 20.34 Mn |
| Feb 24, 2023 | 25.27 Mn |
| Nov 25, 2022 | 24.07 Mn |
| Aug 26, 2022 | 20.72 Mn |
| May 27, 2022 | 20.30 Mn |
| Feb 25, 2022 | 18.79 Mn |
| Nov 26, 2021 | 17.66 Mn |
| Aug 27, 2021 | 27.40 Mn |