Penguin Solutions, Inc.: Form 10-Q for the period ended May 30, 2025
Filed with the SEC on Jul 8, 2025 and accepted by EDGAR at Jul 8, 2025, 17:17 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 2025-05-30. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2025-03-01 to 2025-05-30 | $324.3m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2024-08-31 to 2025-05-30 | $1.03bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2025-03-01 to 2025-05-30 | $229.2m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2024-08-31 to 2025-05-30 | $733.3m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2025-03-01 to 2025-05-30 | $95.1m | us-gaap:GrossProfit |
| Gross profit | 9 months2024-08-31 to 2025-05-30 | $297.5m | us-gaap:GrossProfit |
| Research and development | 3 months2025-03-01 to 2025-05-30 | $20.2m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months2024-08-31 to 2025-05-30 | $59.9m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2025-03-01 to 2025-05-30 | $59.7m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 9 months2024-08-31 to 2025-05-30 | $179.6m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2025-03-01 to 2025-05-30 | $9.8m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2024-08-31 to 2025-05-30 | $45.7m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months2025-03-01 to 2025-05-30 | $7.3m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2024-08-31 to 2025-05-30 | $21.3m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2025-03-01 to 2025-05-30 | $2.7m | us-gaap:NetIncomeLoss |
| Net income | 9 months2024-08-31 to 2025-05-30 | $16.0m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2025-03-01 to 2025-05-30 | −$0.01 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2024-08-31 to 2025-05-30 | $0.18 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2025-03-01 to 2025-05-30 | −$0.01 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2024-08-31 to 2025-05-30 | $0.18 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2025-03-01 to 2025-05-30 | 53,738,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2024-08-31 to 2025-05-30 | 54,336,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2024-08-31 to 2025-05-30 | $179.5m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2024-08-31 to 2025-05-30 | $6.1m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Share repurchases | 9 months2024-08-31 to 2025-05-30 | $49.2m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2025-05-30 | $709.9m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2025-05-30 | $1.25bn | us-gaap:AssetsCurrent |
| Total assets | At period end2025-05-30 | $1.80bn | us-gaap:Assets |
| Current liabilities | At period end2025-05-30 | $476.7m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2025-05-30 | $1.21bn | us-gaap:Liabilities |
| Long-term debt | At period end2025-05-30 | $639.6m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2025-05-30 | $19.9m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | At period end2025-05-30 | $584.8m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0001628280-25-034541. Last ingested by Listed: Nov 2, 2026, 06:13 ET. Listed shows no prices and gives no investment advice.