Penguin Solutions, Inc.: Form 10-Q for the period ended Feb 28, 2025
Filed with the SEC on Apr 2, 2025 and accepted by EDGAR at Apr 2, 2025, 16:11 ET.
Sections
The sections of this filing are being extracted from EDGAR and appear here in about a minute. Meanwhile, read the original on sec.gov. The main document on sec.gov.
Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2025-02-28. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2024-11-30 to 2025-02-28 | $365.5m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 6 months2024-08-31 to 2025-02-28 | $706.6m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2024-11-30 to 2025-02-28 | $260.9m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 6 months2024-08-31 to 2025-02-28 | $504.2m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2024-11-30 to 2025-02-28 | $104.6m | us-gaap:GrossProfit |
| Gross profit | 6 months2024-08-31 to 2025-02-28 | $202.5m | us-gaap:GrossProfit |
| Research and development | 3 months2024-11-30 to 2025-02-28 | $19.9m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 6 months2024-08-31 to 2025-02-28 | $39.7m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2024-11-30 to 2025-02-28 | $59.3m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2024-08-31 to 2025-02-28 | $119.9m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2024-11-30 to 2025-02-28 | $18.5m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2024-08-31 to 2025-02-28 | $35.8m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months2024-11-30 to 2025-02-28 | $7.6m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2024-08-31 to 2025-02-28 | $14.0m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2024-11-30 to 2025-02-28 | $8.1m | us-gaap:NetIncomeLoss |
| Net income | 6 months2024-08-31 to 2025-02-28 | $13.3m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2024-11-30 to 2025-02-28 | $0.09 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2024-08-31 to 2025-02-28 | $0.19 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2024-11-30 to 2025-02-28 | $0.09 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2024-08-31 to 2025-02-28 | $0.19 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2024-11-30 to 2025-02-28 | 54,384,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2024-08-31 to 2025-02-28 | 54,484,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2024-08-31 to 2025-02-28 | $86.7m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2024-08-31 to 2025-02-28 | $4.2m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Share repurchases | 6 months2024-08-31 to 2025-02-28 | $17.6m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2025-02-28 | $621.7m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2025-02-28 | $1.24bn | us-gaap:AssetsCurrent |
| Total assets | At period end2025-02-28 | $1.81bn | us-gaap:Assets |
| Current liabilities | At period end2025-02-28 | $473.7m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2025-02-28 | $1.20bn | us-gaap:Liabilities |
| Long-term debt | At period end2025-02-28 | $638.9m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2025-02-28 | $19.9m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | At period end2025-02-28 | $602.5m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001628280-25-016182. Last ingested by Listed: Oct 30, 2026, 16:53 ET. Listed shows no prices and gives no investment advice.