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

Penguin Solutions' (PENG) quarterly Research & Development came in at $22.0 million in Q2 2026, up 8.71% year-on-year from $20.2 million in Q2 2025, and up 15.85% on a QoQ basis from $19.0 million in Q1 2026.

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

Penguin Solutions (PENG) has 11 years of Research & Development data on file, last reported at $22.0 million 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 for Q2 2026 stood at $22.0 million, up from $19.0 million in the prior quarter.
  • Over the last five years, Research & Development for PENG reached as high as $25.3 million in Q1 2023 and fell as low as $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.
  • Year by year, Research & Development stood at $24.1 million in 2022, then retreated by 11.15% to $21.4 million in 2023, then decreased by 7.38% to $19.8 million in 2024, then decreased by 5.64% to $18.7 million in 2025, then advanced by 17.61% to $22.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $22.0 million in Q2 2026, $19.0 million in Q1 2026, and $18.7 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 2.31 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 1.81 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -1.39 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 270.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn -
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn -
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -174.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn -
10 Penguin Solutions 2.98 Bn 2.74 Bn 133.21 Mn 21.98 Mn

Historic Data

Download Data
DateValue
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