Penguin Solutions (PENG) Tax Provisions (2016 - 2026)
Penguin Solutions' (PENG) quarterly Tax Provisions came in at $7.5 million in Q2 2026, up 3.53% year-over-year from $7.3 million in Q2 2025, and down 47.85% quarter-over-quarter from $14.4 million in Q1 2026.
Analysis
Penguin Solutions (PENG) Tax Provisions (2016 - 2026) Analysis & Trends
Penguin Solutions (PENG) has reported Tax Provisions for 11 consecutive years, with $7.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions rose 3.53% year-over-year to $7.5 million in Q2 2026; TTM through May 2026 was $22.5 million, a 17.97% decrease from a year earlier, with the FY2025 full-year figure at $20.1 million, up 88.98% from the prior year.
- Tax Provisions was $7.5 million for Q2 2026 at Penguin Solutions, down from $14.4 million in the prior quarter.
- Over five years, Tax Provisions peaked at $14.4 million in Q1 2026 and troughed at -$75.9 million in Q3 2023.
- A 5-year average of $862777.8 and a median of $6.3 million in 2024 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions plunged 3034.66% in 2023 and soared 648.68% in 2025, its largest moves.
- Over 5 years, Tax Provisions stood at $11.3 million in 2022, then sank by 68.79% to $3.5 million in 2023, then surged by 79.97% to $6.4 million in 2024, then tumbled by 71.62% to $1.8 million in 2025, then soared by 316.34% to $7.5 million in 2026.
- The last three Tax Provisions figures came in at $7.5 million (Q2 2026), $14.4 million (Q1 2026), and $1.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 998.00 Mn |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 291.40 Mn |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 946.00 Mn |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 211.00 Mn |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 52.00 Mn |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 222.00 Mn |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 109.00 Mn |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | -1.99 Mn |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 290.13 Mn |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 7.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 29, 2026 | 7.52 Mn |
| Feb 27, 2026 | 14.41 Mn |
| Nov 28, 2025 | 1.81 Mn |
| Aug 29, 2025 | -1.20 Mn |
| May 30, 2025 | 7.26 Mn |
| Feb 28, 2025 | 7.64 Mn |
| Nov 29, 2024 | 6.36 Mn |
| Aug 30, 2024 | 6.21 Mn |
| May 31, 2024 | -1.32 Mn |
| Mar 1, 2024 | 2.20 Mn |
| Dec 1, 2023 | 3.53 Mn |
| Aug 25, 2023 | -75.89 Mn |
| May 26, 2023 | 7.22 Mn |
| Feb 24, 2023 | 8.15 Mn |
| Nov 25, 2022 | 11.32 Mn |
| Aug 26, 2022 | -2.42 Mn |
| May 27, 2022 | 5.15 Mn |
| Feb 25, 2022 | 7.59 Mn |
| Nov 26, 2021 | 7.76 Mn |
| Aug 27, 2021 | 1.20 Mn |