Penguin Solutions reported revenue of $478.71M and net income of $46.18M for the quarter ended May 2026, up 47.6% year over year. This income statement covers 41 quarters of results from May 2016 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | May2016 | Aug2016 | Nov2016 | Feb2017 | May2017 | Aug2017 | Nov2017 | Feb2018 | May2018 | Aug2018 | Nov2018 | Mar2019 | May2019 | Aug2019 | Nov2019 | Feb2020 | May2020 | Aug2020 | Nov2020 | Feb2021 | May2021 | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Dec2023 | Mar2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||||||||||||
| Revenue | 22.10M | 356.29M | 327.83M | 349.30M | 362.46M | 391.80M | 388.38M | 344.42M | 316.66M | 274.25M | 284.82M | 300.58M | 311.15M | 341.10M | 365.52M | 324.25M | 337.92M | 343.07M | 343.00M | 478.71M | |||||||||||||||||||||
| Cost of RevenueCost of Rev | -25.29M | 347.74M | 336.46M | 348.08M | -27.45M | 279.70M | 277.37M | 243.94M | 3.50M | 191.40M | 202.89M | 211.67M | 224.06M | 243.29M | 260.87M | 229.17M | 241.19M | 246.96M | 249.30M | 345.50M | |||||||||||||||||||||
| Gross Profit | 47.39M | 101.68M | 94.30M | 100.64M | 94.42M | 112.10M | 111.01M | 100.48M | 91.58M | 82.85M | 81.93M | 88.91M | 87.09M | 97.81M | 104.65M | 95.08M | 96.73M | 96.11M | 93.70M | 133.21M | |||||||||||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||||||||||
| Amortization - Intangibles | 6.30M | ||||||||||||||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 27.40M | 17.66M | 18.79M | 20.30M | 20.72M | 24.07M | 25.27M | 20.34M | 20.88M | 21.39M | 20.53M | 19.68M | 19.94M | 19.81M | 19.91M | 20.22M | 19.86M | 18.69M | 18.98M | 21.98M | |||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 39.98M | 52.55M | 53.11M | 58.48M | 40.69M | 67.71M | 60.07M | 67.91M | 65.03M | 57.22M | 61.38M | 57.25M | 58.03M | 60.54M | 59.31M | 59.72M | 58.60M | 53.09M | 47.99M | 59.40M | |||||||||||||||||||||
| Restructuring CostsRestructuring | 1.04M | ||||||||||||||||||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 19.17M | -0.25M | 0.01M | -1.77M | -3.78M | 0.19M | -1.68M | -2.94M | -3.33M | -0.47M | -0.33M | -0.11M | -0.86M | -1.13M | -4.74M | -1.05M | -0.96M | ||||||||||||||||||||||||
| Operating ExpensesOpex | 86.55M | 87.41M | 95.91M | 79.15M | 61.40M | 97.25M | 113.08M | 102.87M | 93.22M | 81.55M | 85.25M | 77.39M | 78.30M | 80.46M | 86.16M | 85.24M | 84.28M | 76.53M | 68.01M | 82.35M | |||||||||||||||||||||
| Operating IncomeOp. Inc | -39.16M | 16.36M | 1.55M | 26.20M | 23.06M | 14.85M | -2.08M | -2.39M | -1.64M | 1.30M | -3.31M | 11.51M | 8.79M | 17.36M | 18.49M | 9.84M | 12.45M | 19.58M | 25.69M | 50.86M | |||||||||||||||||||||
| EBIT | -39.16M | 16.36M | 1.55M | 26.20M | 23.06M | 14.85M | -2.08M | -2.39M | -1.64M | 1.30M | -3.31M | 11.51M | 8.79M | 17.36M | 18.49M | 9.84M | 12.45M | 19.58M | 25.69M | 50.86M | |||||||||||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -9.31M | -9.18M | -9.56M | -7.25M | -6.17M | -5.40M | -4.40M | -2.18M | -0.57M | -0.15M | -0.05M | -0.72M | -0.65M | ||||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 1.77M | -1.24M | -1.78M | -0.55M | 3.22M | 1.36M | -13.31M | -0.35M | 0.46M | 0.58M | -0.25M | -0.44M | -20.97M | -0.64M | 0.21M | 1.44M | -2.94M | -11.68M | 27.98M | 3.48M | |||||||||||||||||||||
| Non Operating IncomeNon Op. Inc. | -2.80M | -6.34M | -6.25M | -5.66M | -6.45M | -7.13M | -22.74M | -9.67M | -8.72M | -8.98M | -7.50M | -6.61M | -26.37M | -5.03M | -1.97M | 0.87M | -3.09M | -11.72M | 27.26M | 2.83M | |||||||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||||||||||
| EBT | -41.97M | 28.45M | 10.56M | 29.65M | -26.18M | 7.71M | -24.81M | -12.05M | -10.36M | -7.68M | -10.81M | 4.90M | -17.58M | 12.32M | 16.51M | 10.71M | 9.35M | 7.86M | 52.95M | 53.70M | |||||||||||||||||||||
| Tax ProvisionsTaxes | 1.20M | 7.75M | 7.59M | 5.15M | -2.42M | 11.32M | 8.15M | 7.22M | -75.89M | 3.53M | 2.20M | -1.32M | 6.21M | 6.36M | 7.64M | 7.26M | -1.20M | 1.80M | 14.41M | 7.51M | |||||||||||||||||||||
| Profit After TaxPAT | 16.30M | 6.19M | -6.60M | 13.92M | 8.86M | 5.32M | -26.79M | -24.45M | 64.84M | 206.27M | -13.01M | 6.23M | -24.55M | 5.96M | 8.87M | 3.45M | 10.55M | 6.05M | 38.54M | 46.18M | |||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | 0.64M | 0.70M | 0.51M | 0.38M | 0.47M | 0.33M | 0.43M | 0.38M | 0.69M | 0.56M | 0.61M | 0.61M | 0.76M | 0.75M | 0.79M | 0.79M | 1.12M | 0.79M | 1.09M | 1.49M | |||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -43.17M | 20.70M | 2.97M | 24.50M | -23.76M | -3.61M | -32.96M | -19.27M | 65.53M | -11.21M | -13.01M | 6.23M | -23.79M | 5.96M | 8.87M | 3.45M | 10.55M | 6.05M | 38.54M | 46.18M | |||||||||||||||||||||
| Income from Discontinued OperationsIncome (Discontinued) | 8.93M | 6.18M | -4.81M | -205.69M | -8.15M | ||||||||||||||||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -43.17M | 20.70M | 2.97M | 24.50M | -23.76M | 5.32M | -26.79M | -24.08M | -140.16M | -19.36M | -13.01M | 6.23M | -23.79M | 5.96M | 8.87M | 3.45M | 10.55M | 6.05M | 38.54M | 46.18M | |||||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | -43.17M | 20.70M | 2.97M | 24.50M | -23.76M | 5.32M | -26.79M | -24.08M | -140.16M | -19.36M | -13.01M | 6.23M | -23.79M | 5.96M | 8.87M | 3.45M | 10.55M | 6.05M | 38.54M | 46.18M | |||||||||||||||||||||
| Preferred Dividend PaymentsPref Dividends | 2.60M | 3.03M | 3.03M | 3.03M | 3.59M | 4.45M | |||||||||||||||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -43.17M | 20.70M | 2.97M | 24.50M | -23.76M | 5.32M | -26.79M | -24.08M | -140.16M | -19.36M | -13.62M | 5.62M | -24.55M | 5.22M | 5.00M | -0.37M | 5.81M | 2.01M | 30.82M | 37.21M | |||||||||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.89 | 0.42 | 0.06 | 0.49 | -0.48 | 0.11 | -0.55 | -0.49 | -2.83 | -0.37 | -0.26 | 0.11 | -0.47 | 0.10 | 0.09 | -0.01 | 0.11 | 0.04 | 0.59 | 0.73 | |||||||||||||||||||||
| EPS (Diluted) | -0.84 | 0.38 | 0.05 | 0.45 | -0.44 | 0.11 | -0.55 | -0.49 | -2.73 | -0.37 | -0.26 | 0.10 | -0.47 | 0.10 | 0.09 | -0.01 | 0.11 | 0.04 | 0.58 | 0.68 | |||||||||||||||||||||
| Shares Outstanding | 48.56M | 49.01M | 49.52M | 50.09M | 49.47M | 48.96M | 49.12M | 49.38M | 49.57M | 52.07M | 52.03M | 52.57M | 52.43M | 53.48M | 53.45M | 53.13M | 53.15M | 52.90M | 52.28M | 51.00M | |||||||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 51.58M | 54.63M | 57.64M | 55.00M | 54.44M | 49.79M | 49.12M | 49.38M | 51.32M | 52.07M | 52.03M | 54.28M | 52.43M | 54.31M | 54.38M | 53.74M | 54.37M | 54.99M | 53.19M | 55.06M | |||||||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 48.74M | 49.37M | 49.73M | 50.38M | 48.60M | 49.34M | 49.07M | 49.81M | 51.90M | 51.91M | 52.29M | 52.87M | 53.28M | 53.44M | 53.67M | 52.42M | 52.74M | 52.56M | 51.21M | 51.24M | |||||||||||||||||||||
| EBITDA | -39.16M | 16.36M | 1.55M | 26.20M | 23.06M | 14.85M | -2.08M | -2.39M | -1.64M | 1.30M | -3.31M | 11.51M | 8.79M | 17.36M | 18.49M | 9.84M | 12.45M | 19.58M | 25.69M | 50.86M | |||||||||||||||||||||
| Tax Rate | -2.87% | 27.26% | 71.85% | 17.38% | 9.25% | 146.75% | -32.84% | -59.86% | 732.53% | -46.03% | -20.33% | -26.98% | -35.31% | 51.61% | 46.28% | 67.78% | -12.79% | 22.96% | 27.21% | 13.99% |