Penguin Solutions (PENG) Research & Development (2016 - 2026)

Penguin Solutions (PENG) has reported Research & Development for 11 consecutive years, with $22.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development rose 8.71% year-over-year to $22.0 million in Q2 2026; TTM through May 2026 was $79.5 million, a 0.46% change from a year earlier, with the FY2025 full-year figure at $79.8 million, down 2.13% from the prior year.
• Research & Development was $22.0 million for Q2 2026 at Penguin Solutions, up from $19.0 million in the prior quarter.
• Over five years, Research & Development peaked at $25.3 million in Q1 2023 and troughed at $18.7 million in Q4 2025.
• A 5-year average of $20.6 million and a median of $20.3 million in 2022 frame the typical range for Research & Development.
• The widest YoY moves for Research & Development: up 112.31% in 2022, down 24.37% in 2022.
• Over 5 years, Research & Development stood at $24.1 million in 2022, then slipped by 11.15% to $21.4 million in 2023, then dropped by 7.38% to $19.8 million in 2024, then dropped by 5.64% to $18.7 million in 2025, then grew by 17.61% to $22.0 million in 2026.
• The last three Research & Development figures came in at $22.0 million (Q2 2026), $19.0 million (Q1 2026), and $18.7 million (Q4 2025), per Business Quant data.