Penguin Solutions PENG Revenue Breakdown

NASDAQ PENG
$38.98 -9.37 (-19.38%)
As of: Nov 5, 2026 · 11:13 AM EST
Annual revenue breakdowns for Penguin Solutions, fiscal 2015 to 2025, as reported in its filings.
Annual history

Penguin Solutions Revenue by Geography

Years FY 2015–2025
Lines 5
FY 2025 Total $1.37B

United States was Penguin Solutions’s largest region in fiscal 2025, bringing in $776.51M of $1.37B (57%).

Penguin Solutions revenue by geography, fiscal 2015 to 2025
Geography FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States $705.40M $877.42M $672.75M $776.51M
China $309.18M $192.10M $190.65M $186.85M
Other $265.02M $247.71M $165.79M $161.14M
Europe $116.28M $114.12M $114.30M $97.00M
Mexico — $9.90M $27.30M $147.30M
Total $1.40B $1.44B $1.17B $1.37B
Totals include 6 discontinued lines from earlier reporting.

Penguin Solutions revenue by geography: what the figures show

Penguin Solutions brought in $1.37B from its five regions in fiscal 2025, the year ended August 29, 2025. That was up 16.9% from $1.17B in fiscal 2024. United States was the largest at $776.51M (56.7%), ahead of China at $186.85M (13.7%) and Other at $161.14M (11.8%). The other two regions brought in $244.30M combined.

Compared with fiscal 2024, Mexico grew fastest, up 439.5% to $147.30M, while Europe fell the most, down 15.1% to $97.00M.

Penguin Solutions began breaking out Mexico in fiscal 2023, when it brought in $9.90M.

Annual history

Penguin Solutions Revenue by Segment

Years FY 2019–2025
Lines 3
FY 2025 Total $1.37B

Advanced Computing was Penguin Solutions’s largest segment in fiscal 2025, bringing in $648.42M of $1.37B (47%).

Penguin Solutions revenue by segment, fiscal 2019 to 2025
Segment FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Advanced Computing $440.99M $749.71M $554.55M $648.42M
Integrated Memory $551.71M $443.26M $356.43M $464.25M
Optimized Led $403.19M $248.28M $259.82M $256.13M
Total $1.40B $1.44B $1.17B $1.37B
Totals include 3 discontinued lines from earlier reporting.

Penguin Solutions revenue by segment: what the figures show

Penguin Solutions brought in $1.37B from its three segments in fiscal 2025, the year ended August 29, 2025. That was up 16.9% from $1.17B in fiscal 2024. Advanced Computing was the largest at $648.42M (47.4%), ahead of Integrated Memory at $464.25M (33.9%) and Optimized Led at $256.13M (18.7%).

Compared with fiscal 2024, Integrated Memory grew fastest, up 30.3% to $464.25M, while Optimized Led fell the most, down 1.4% to $256.13M. From fiscal 2022 to 2025, combined revenue from these segments fell from $1.40B to $1.37B, a compound annual decline of 0.7%. Advanced Computing's share of the total rose from 31.6% to 47.4%.

Annual history

Penguin Solutions Revenue by Product & Service

Years FY 2016–2025
Lines 2
FY 2025 Total $1.37B

Products was Penguin Solutions’s largest product and service line in fiscal 2025, bringing in $1.10B of $1.37B (81%).

Penguin Solutions revenue by product and service, fiscal 2016 to 2025
Product and Service FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Products $1.25B $1.19B $925.83M $1.10B
Services $148.41M $248.36M $244.97M $264.24M
Total $1.40B $1.44B $1.17B $1.37B
Totals include 6 discontinued lines from earlier reporting.

Penguin Solutions revenue by product and service: what the figures show

Penguin Solutions brought in $1.37B from its two product and service lines in fiscal 2025, the year ended August 29, 2025. That was up 16.9% from $1.17B in fiscal 2024. Products was the largest at $1.10B (80.7%), ahead of Services at $264.24M (19.3%).

Compared with fiscal 2024, Products grew 19.3% to $1.10B and Services grew 7.9% to $264.24M. From fiscal 2022 to 2025, combined revenue from these lines fell from $1.40B to $1.37B, a compound annual decline of 0.7%. Products' share of the total fell from 89.4% to 80.7%.

Questions

Penguin Solutions Revenue Breakdown FAQ

How does Penguin Solutions make money?

Penguin Solutions (PENG) reports its revenue by geography, by segment and by product and service. In fiscal 2025, United States was its largest region, bringing in $776.51M (56.7% of the total), followed by China at $186.85M (13.7%).

What is Penguin Solutions' largest region?

United States was Penguin Solutions' largest region in fiscal 2025, bringing in $776.51M, or 56.7% of the $1.37B total across its five regions.

What is Penguin Solutions' largest segment?

Advanced Computing was Penguin Solutions' largest segment in fiscal 2025, bringing in $648.42M, or 47.4% of the $1.37B total across its three segments.

What is Penguin Solutions' largest product and service line?

Products was Penguin Solutions' largest product and service line in fiscal 2025, bringing in $1.10B, or 80.7% of the $1.37B total across its two product and service lines.

Which Penguin Solutions region is growing the fastest?

Among Penguin Solutions' regions that make up at least 2% of revenue, Mexico grew fastest in fiscal 2025, up 439.5% from $27.30M to $147.30M.

Where does this revenue breakdown data come from?

Every figure comes from Penguin Solutions' annual financial filings, as reported. Each line keeps the name Penguin Solutions gives it, and years follow its fiscal calendar.

How far back does Penguin Solutions' revenue breakdown go?

Penguin Solutions' revenue by geography goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.