PENG on Nasdaq

Penguin Solutions, Inc.

The forward-looking statements included in this Annual Report are made only as of the date of this Annual Report.⁴ From its latest annual report

Price unavailable

Last updated Oct 19, 2026.

Overview

$1.4BRevenue, fiscal 2025²

$25.4MNet income, fiscal 2025²

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TickerPENG on Nasdaq¹
IndustrySemiconductors & Related Devices¹
HeadquartersFremont, California¹
Incorporated inDE³
Business address45800 Northport Loop West, Fremont, Ca 94538³
Filer categoryLarge accelerated filer³

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The forward-looking statements included in this Annual Report are made only as of the date of this Annual Report. We do not intend, and have no obligation, to update or revise any forward-looking statements in order to reflect events or circumstances that may arise after the date of this Annual Report, except as required by law.⁴ From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

28.8%Gross margin²

4.2%Operating margin²

1.9%Net margin²

16.9%Revenue growth, 2025²

6.4%Return on equity²

1.12×Debt to equity²

$100.1MFree cash flow²

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Advanced Computing brought in 47% of the revenue Penguin Solutions, Inc. broke down this way in fiscal 2025.

Advanced Computing$648.4M²47%up 17% from 2024
Integrated Memory$464.2M²34%up 30% from 2024
Optimized LED$256.1M²19%down 1% from 2024

Business segments by year

Business segments	2023	2024	2025
Advanced Computing	$749.7M	$554.6M	$648.4M
Integrated Memory	$443.3M	$356.4M	$464.2M
Optimized LED	$248.3M	$259.8M	$256.1M

Regions

United States brought in 57% of the revenue Penguin Solutions, Inc. broke down this way in fiscal 2025.

United States$776.5M²57%up 15% from 2024
China$186.8M²14%down 2% from 2024
Other Country$161.1M²12%down 3% from 2024
Mexico$147.3M²11%up 440% from 2024
Europe$97.0M²7%down 15% from 2024

Regions by year

Regions	2023	2024	2025
United States	$877.4M	$672.8M	$776.5M
China	$192.1M	$190.7M	$186.8M
Other Country	$247.7M	$165.8M	$161.1M
Mexico	$9.9M	$27.3M	$147.3M
Europe	$114.1M	$114.3M	$97.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

Cost of revenueSelling, general and admin

Cost of revenue71¢$974.5M
Research and development6¢$79.8M
Selling, general and admin17¢$238.2M
Other costs2¢$30.8M
Income tax1¢$20.1M
Profit2¢$25.4M

Out of $1.4B in revenue.²

Where each dollar of operating cash went, fiscal 2025

Share buybacksKept or used elsewhere

Capital spending8¢$9.0M
Share buybacks48¢$52.3M
Kept or used elsewhere44¢$47.8M

Out of $109.1M of cash from operations.²

Financial statements

Revenue⁵⁶⁷⁸⁹²$1.4B in 2025+6% since 2018

Gross profit⁵⁶⁷⁸⁹²$394.3M in 2025+35% since 2018

Operating income⁵⁶⁷⁸⁹²$58.1M in 2025−66% since 2018

Net income⁵⁶⁷⁸⁹²$25.4M in 2025−79% since 2018

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.²

Period ending	2025-08-31	2024-08-31	2023-08-31
Total net sales	$1.4B	$1.2B	$1.4B
Total cost of sales	$974.5M	$830.0M	$1.0B
Gross profit	$394.3M	$340.8M	$415.2M
Research and development	$79.8M	$81.5M	$90.6M
Selling, general and administrative	$238.2M	$233.9M	$260.7M
Impairment of goodwill	$16.1M	$0	$19.1M
Change in fair value of contingent consideration	$0	$0	$29.0M
Other operating expense	$2.1M	$7.1M	$7.0M
Total operating expenses	$336.1M	$322.5M	$406.4M
Operating income	$58.1M	$18.3M	$8.7M
Interest expense, net	$7.3M	$28.4M	$36.4M
Other non-operating expense	$1.9M	$21.1M	$11.8M
Total non-operating expense	$9.2M	$49.5M	$48.3M
Income (loss) before taxes	$48.9M	-$31.2M	-$39.5M
Income tax provision (benefit)	$20.1M	$10.6M	-$49.2M
Net income (loss) from continuing operations	$28.8M	-$41.8M	$9.7M
Net loss from discontinued operations	$0	-$8.1M	-$195.4M
Net income (loss)	$28.8M	-$49.9M	-$185.7M
Net income attributable to noncontrolling interest	$3.4M	$2.5M	$1.8M
Net income (loss) attributable to Penguin Solutions	$25.4M	-$52.5M	-$187.5M
Preferred stock dividends	$8.7M	$0	$0
Income available for distribution	$16.7M	-$52.5M	-$187.5M
Income allocated to participating securities	$1.3M	$0	$0
Net income (loss) available to common stockholders, basic	$15.5M	-$52.5M	-$187.5M
Net income (loss) available to common stockholders, diluted	$15.5M	-$52.5M	-$187.5M
Continuing operations	$0	-$1	$0
Discontinued operations	$0	-$0	-$4
Basic (in usd per share)	$0.29	-$1.00	-$3.78
Continuing operations	$0	-$1	$0
Discontinued operations	$0	-$0	-$4
Diluted (in usd per share)	$0.28	-$1.00	-$3.65
Basic (in shares)	53.2M shares	52.4M shares	49.6M shares
Diluted (in shares)	54.4M shares	52.4M shares	51.3M shares

Period ending	2025-08-31	2025-05-31	2025-02-28	2024-11-30	2024-08-31	2024-05-31	2024-02-29	2023-11-30
Total net sales	$337.9M	$324.3M	$365.5M	$341.1M	$311.1M	$300.6M	$284.8M	$274.2M
Gross profit	$96.7M	$95.1M	$104.6M	$97.8M	$87.1M	$88.9M	$81.9M	$82.8M
Operating income	$12.4M	$9.8M	$18.5M	$17.4M	$8.8M	$11.5M	-$3.3M	$1.3M
Preferred stock dividends	$3.0M	$3.0M	$2.6M	$0	$0	$0	$0	$0
Income available for distribution	$6.4M	-$372.0K	$5.5M	$5.2M	-$24.5M	$5.6M	-$13.6M	-$11.8M
Continuing operations	$0	-$0	$0	$0	-$0	$0	-$0	-$0
Continuing operations	$0	-$0	$0	$0	-$0	$0	-$0	-$0
Basic (in shares)	52.6M shares	53.1M shares	53.5M shares	53.5M shares	53.1M shares	52.6M shares	52.0M shares	52.1M shares
Diluted (in shares)	54.4M shares	53.7M shares	54.4M shares	54.3M shares	53.1M shares	54.3M shares	52.0M shares	52.1M shares

Total assets¹²⁵⁶⁷⁸⁹²$1.6B in 2025+140% since 2018

Total liabilities¹²⁵⁶⁷⁸⁹²$1.0B in 2025+108% since 2018

Shareholders’ equity⁵⁶⁷⁸⁹²$394.2M in 2025+111% since 2018

Cash¹²⁵⁶⁷⁸⁹²$453.8M in 2025+1346% since 2018

Long-term debt¹²⁵⁶⁷⁹²$441.9M in 2025+140% since 2018

Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.²

Period ending	2025-08-31	2024-08-31	2023-08-31	2022-08-31
Cash and cash equivalents	$453.8M	$383.1M
Short-term investments	$0	$6.3M
Accounts receivable, net	$307.9M	$251.7M
Inventories	$255.2M	$151.2M
Other current assets	$47.4M	$75.3M
Total current assets	$1.1B	$867.7M
Property and equipment, net	$92.6M	$106.5M
Operating lease right-of-use assets	$58.8M	$60.3M
Intangible assets, net	$87.8M	$121.5M
Goodwill	$145.9M	$162.0M	$162.0M
Deferred tax assets	$99.1M	$85.1M
Other noncurrent assets	$68.8M	$71.4M
Total assets	$1.6B	$1.5B
Accounts payable and accrued expenses	$318.8M	$219.1M
Current debt	$19.9M	$0
Deferred revenue	$73.9M	$64.0M
Other current liabilities	$61.3M	$44.6M
Total current liabilities	$473.9M	$327.6M
Long-term debt	$441.9M	$657.3M
Noncurrent operating lease liabilities	$62.7M	$60.5M
Other noncurrent liabilities	$30.4M	$29.8M
Total liabilities	$1.0B	$1.1B
Preferred stock, $0.03 par value; authorized 30,000 shares; 200 shares of convertible preferred stock issued and outstanding as of August 29, 2025, redemption amount of $200,500; no shares issued or outstanding as of August 30, 2024	$202.7M	$0
Common stock, $0.03 par value; authorized 200,000 shares; 62,756 shares issued and 52,738 shares outstanding as of August 29, 2025; 60,226 shares issued and 53,277 shares outstanding as of August 30, 2024	$1.9M	$1.8M
Additional paid-in capital	$551.7M	$513.3M
Retained earnings	$46.7M	$30.0M
Treasury stock, 10,018 shares and 6,949 shares held as of August 29, 2025 and August 30, 2024, respectively	-$206.1M	-$153.8M
Accumulated other comprehensive income	$18.0K	$10.0K
Total Penguin Solutions stockholders equity	$394.2M	$391.4M
Noncontrolling interest in subsidiary	$11.3M	$7.8M
Total stockholders' equity	$405.5M	$399.2M	$229.2M	$378.5M
Total liabilities, temporary equity and stockholders' equity	$1.6B	$1.5B
Preferred stock, par value (in dollars per share)	$0.03	$0.03
Preferred stock, authorized (in shares)	30.0M shares	30.0M shares
Preferred stock, issued (in shares)	200.0K shares	0 shares
Preferred stock, shares outstanding	200.0K shares	0 shares
Preferred stock, redemption amount	$200.5M
Common stock, par value (in usd per share)	$0.03	$0.03
Common stock, authorized (in shares)	200.0M shares	200.0M shares
Common stock, issued (in shares)	62.8M shares	60.2M shares
Common stock, outstanding (in shares)	52.7M shares	53.3M shares
Treasury shares (in shares)	10.0M shares	6.9M shares

Period ending	2025-08-31	2024-08-31	2023-08-31	2022-08-31
Cash and cash equivalents	$453.8M	$383.1M
Short-term investments	$0	$6.3M
Accounts receivable, net	$307.9M	$251.7M
Inventories	$255.2M	$151.2M
Other current assets	$47.4M	$75.3M
Total current assets	$1.1B	$867.7M
Property and equipment, net	$92.6M	$106.5M
Operating lease right-of-use assets	$58.8M	$60.3M
Intangible assets, net	$87.8M	$121.5M
Goodwill	$145.9M	$162.0M	$162.0M
Deferred tax assets	$99.1M	$85.1M
Other noncurrent assets	$68.8M	$71.4M
Total assets	$1.6B	$1.5B
Accounts payable and accrued expenses	$318.8M	$219.1M
Current debt	$19.9M	$0
Deferred revenue	$73.9M	$64.0M
Other current liabilities	$61.3M	$44.6M
Total current liabilities	$473.9M	$327.6M
Long-term debt	$441.9M	$657.3M
Noncurrent operating lease liabilities	$62.7M	$60.5M
Other noncurrent liabilities	$30.4M	$29.8M
Total liabilities	$1.0B	$1.1B
Preferred stock, $0.03 par value; authorized 30,000 shares; 200 shares of convertible preferred stock issued and outstanding as of August 29, 2025, redemption amount of $200,500; no shares issued or outstanding as of August 30, 2024	$202.7M	$0
Common stock, $0.03 par value; authorized 200,000 shares; 62,756 shares issued and 52,738 shares outstanding as of August 29, 2025; 60,226 shares issued and 53,277 shares outstanding as of August 30, 2024	$1.9M	$1.8M
Additional paid-in capital	$551.7M	$513.3M
Retained earnings	$46.7M	$30.0M
Treasury stock, 10,018 shares and 6,949 shares held as of August 29, 2025 and August 30, 2024, respectively	-$206.1M	-$153.8M
Accumulated other comprehensive income	$18.0K	$10.0K
Total Penguin Solutions stockholders equity	$394.2M	$391.4M
Noncontrolling interest in subsidiary	$11.3M	$7.8M
Total stockholders' equity	$405.5M	$399.2M	$229.2M	$378.5M
Total liabilities, temporary equity and stockholders' equity	$1.6B	$1.5B
Preferred stock, par value (in dollars per share)	$0.03	$0.03
Preferred stock, authorized (in shares)	30.0M shares	30.0M shares
Preferred stock, issued (in shares)	200.0K shares	0 shares
Preferred stock, shares outstanding	200.0K shares	0 shares
Preferred stock, redemption amount	$200.5M
Common stock, par value (in usd per share)	$0.03	$0.03
Common stock, authorized (in shares)	200.0M shares	200.0M shares
Common stock, issued (in shares)	62.8M shares	60.2M shares
Common stock, outstanding (in shares)	52.7M shares	53.3M shares
Treasury shares (in shares)	10.0M shares	6.9M shares

Cash from operations⁵⁶⁷⁸⁹²$109.1M in 2025+61% since 2018

Capital spending⁵⁶⁷⁸⁹²$9.0M in 2025−65% since 2018

Free cash flow⁵⁶⁷⁸⁹²$100.1M in 2025+137% since 2018

Share buybacks⁶⁷⁸⁹²$52.3M in 2025+9962% since 2019

Every line of the cash flow as filed: the last 3 fiscal years, latest first.²

Period ending	2025-08-31	2024-08-31	2023-08-31
Net income (loss)	$28.8M	-$49.9M	-$185.7M
Net loss from discontinued operations	$0	-$8.1M	-$195.4M
Net income (loss) from continuing operations	$28.8M	-$41.8M	$9.7M
Depreciation expense and amortization of intangible assets	$56.2M	$65.7M	$71.6M
Amortization of debt issuance costs	$3.5M	$3.7M	$4.1M
Stock-based compensation expense	$41.2M	$43.2M	$39.2M
Impairment of goodwill	$16.1M	$0	$19.1M
Change in fair value of contingent consideration	$0	$0	$29.0M
Loss on extinguishment debt	$2.9M	$22.8M	$15.9M
Deferred income taxes, net	-$14.1M	-$11.0M	-$63.6M
Other	-$2.3M	-$2.7M	$4.0M
Accounts receivable	-$56.2M	-$32.5M	$162.5M
Inventories	-$101.6M	$23.8M	$95.2M
Other assets	$7.7M	$9.1M	$6.8M
Accounts payable and accrued expenses and other liabilities	$131.0M	$54.3M	-$256.1M
Payment of acquisition-related contingent consideration	$0	-$29.0M	-$73.7M
Net cash provided by operating activities from continuing operations	$113.2M	$105.5M	$63.7M
Net cash used for operating activities from discontinued operations	-$4.1M	-$28.3M	$40.7M
Net cash provided by operating activities	$109.1M	$77.2M	$104.4M
Capital expenditures and deposits on equipment	-$9.0M	-$19.4M	-$39.4M
Proceeds from sales and maturities of investment securities	$66.4M	$39.4M	$0
Purchases of held-to-maturity investment securities	-$59.1M	-$19.5M	-$25.0M
Purchases of non-marketable investments	$0	-$11.0M	-$4.2M
Acquisition of business, net of cash acquired	$0	$0	-$213.1M
Other	-$1.7M	-$1.3M	$475.0K
Net cash used for investing activities from continuing operations	-$3.4M	-$11.8M	-$281.2M
Net cash provided by investing activities from discontinued operations	$28.4M	$119.4M	-$17.4M
Net cash provided by investing activities	$25.0M	$107.6M	-$298.6M
Repayments of debt	-$300.0M	-$351.3M	-$21.6M
Payments to acquire common stock	-$52.3M	-$21.3M	-$24.7M
Payment of acquisition-related contingent consideration	$0	-$21.0M	-$28.1M
Net cash paid for settlement and purchase of capped calls	$0	-$16.3M	-$4.3M
Distribution to noncontrolling interest	$0	-$1.5M	-$2.0M
Proceeds from debt	$0	$192.7M	$295.3M
Proceeds from issuance of common stock	$8.8M	$9.8M	$43.0M
Payment of premium in connection with convertible note exchange	$0	$0	-$14.1M
Payment of preferred stock cash dividends	-$7.9M	$0	$0
Proceeds from issuance of convertible preferred stock, net of issuance costs	$191.2M	$0	$0
Proceeds from borrowing under line of credit	$100.0M	$0	$0
Fees paid for revolving line of credit financing	-$3.3M	$0	$0
Other	$0	-$582.0K	-$6.3M
Net cash provided by (used for) financing activities from continuing operations	-$63.5M	-$209.5M	$237.2M
Net cash used for financing activities from discontinued operations	$0	-$606.0K	-$805.0K
Net cash provided by (used for) financing activities	-$63.5M	-$210.1M	$236.4M
Effect of changes in currency exchange rates	$0	-$1.3M	$4.8M
Net increase (decrease) in cash, cash equivalents and restricted cash	$70.6M	-$26.6M	$47.0M

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Leadership

Who has led Penguin Solutions, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

President

Chief financial officer

Chief operating officer

Jack A. Pacheco2017–now

20202025

Chief executive officerKashif Shaikh Feb 4, 2026 to now¹³
Chief executive officerMark Adams Sep 2, 2020 to Feb 4, 2026¹⁴
Chief executive officerIain Mackenzie May 23, 2017 to Dec 6, 2017¹⁵
PresidentKashif Shaikh Feb 4, 2026 to now¹³
PresidentPeter J. Manca Apr 15, 2024 to Oct 2, 2024¹⁶
PresidentDavid C. Laurello Jul 7, 2023 to Jan 23, 2024¹⁷
PresidentJoseph Gates Clark Sep 7, 2022 to Nov 15, 2024¹⁸
PresidentMark Adams Sep 2, 2020 to Sep 7, 2022¹⁴
PresidentIain Mackenzie May 23, 2017 to Dec 6, 2017¹⁵
Chief financial officerAaron Michael Johnson Jul 15, 2026 to now¹⁹
Chief financial officerNathan Olmstead Jun 27, 2024 to Jul 15, 2026²⁰
Chief financial officerKen Rizvi Feb 17, 2021 to Apr 23, 2024²¹
Chief financial officerJack A. Pacheco May 23, 2017 to Mar 23, 2021²²
Chief operating officerJack A. Pacheco May 23, 2017 to now²²

Board members and other officers (28)

SVP and Pres, Optimized LEDJoseph Gates Clark Jan 22, 2025 to now²³
SVP, Pres, Advanced ComputingPeter J. Manca Jan 22, 2025 to now²⁴
SVP and Chief Revenue OfficerAnthony George Frey Aug 27, 2025 to now²⁵
SVP, Pres. Cree LEDClaude Demby Apr 9, 2021 to Jul 22, 2022²⁶
SVP, Pres. Spec. ComputingThierry Pellegrino Apr 9, 2021 to Jun 15, 2023²⁷
Senior Vice PresidentStephen C. Dow Jul 18, 2019 to Jul 22, 2020²⁸
Senior Vice PresidentThomas Coull Nov 14, 2018 to Jan 22, 2020²⁹
Sr. VP, Chief Strategy OfficerAlan Marten May 23, 2017 to Mar 17, 2021³⁰
OfficerBruce M. Goldberg May 23, 2017 to May 23, 2017³¹
Sr. VP, Emerging Mkts & Pres.Kiwan Kim May 23, 2017 to Mar 24, 2021³²
Board memberKashif Shaikh Feb 4, 2026 to now¹³
Board memberDavid W. Heard May 20, 2026 to now³³
Board memberMin Yong Ha Dec 23, 2024 to Dec 23, 2024³⁴
Board memberMary G. Puma Jul 19, 2023 to now³⁵
Board memberMark D. Papermaster Sep 1, 2022 to now³⁶
Board memberPenny Herscher Oct 5, 2021 to now³⁷
Board memberMark Adams Sep 30, 2020 to now³⁸
Board memberMaximiliane C. Straub Apr 3, 2019 to now³⁹
Board memberBryan Ingram Oct 4, 2018 to Feb 11, 2025⁴⁰
Board memberIain Mackenzie May 23, 2017 to Apr 16, 2019¹⁵
Board memberJason White May 23, 2017 to May 23, 2017⁴¹
Board memberKenneth Y. Hao May 23, 2017 to Jan 8, 2021⁴²
Board memberMukesh Patel May 23, 2017 to Oct 18, 2021⁴³
Board memberPaul Mercadante May 23, 2017 to Jul 11, 2019⁴⁴
Board memberSandeep Nayyar May 23, 2017 to now⁴⁵
Board memberRandy W. Furr Sep 21, 2017 to Feb 13, 2024⁴⁶
General counselAnne Kuykendall Apr 8, 2021 to now⁴⁷
General counselBruce M. Goldberg Aug 11, 2017 to Mar 16, 2020⁴⁸

Former names

SMART Global Holdings, Inc.Aug 26, 2014 to Oct 3, 2024³

Timeline

Feb 4, 2026New chief executive Kashif Shaikh becomes CEO¹³
Sep 2, 2020New chief executive Mark Adams becomes CEO¹⁴
May 23, 2017New chief executive Iain Mackenzie becomes CEO¹⁵

Filings

474 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 65 major events, 248 insider forms, 40 large holders, 101 other. The latest 20:

Oct 8, 20264 EDGAR
Oct 8, 20263 EDGAR
Oct 6, 20264 EDGAR
Oct 6, 20264 EDGAR
Oct 6, 20268-K EDGAR
Oct 6, 20268-K EDGAR
Oct 1, 20264 EDGAR
Oct 1, 20264 EDGAR
Oct 1, 20264 EDGAR
Oct 1, 20264 EDGAR
Aug 26, 20264 EDGAR
Aug 13, 2026SCHEDULE 13G/A EDGAR
Aug 13, 2026SCHEDULE 13G EDGAR
Aug 6, 2026SCHEDULE 13G/A EDGAR
Jul 28, 2026SCHEDULE 13D/A EDGAR
Jul 27, 20264 EDGAR
Jul 23, 2026144 EDGAR
Jul 22, 20264 EDGAR
Jul 22, 20264 EDGAR
Jul 22, 2026144 EDGAR

The 474 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

79 open-market trades by officers, directors and large owners since October 2021: 4 buys and 75 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Aug 24, 2026	Kuykendall AnneSVP and Chief Legal Officer	Sale	4,000	$50.58	$202.3K	Form 4
Jul 23, 2026	Clark Joseph GatesSVP and Pres, Optimized LED	Sale	1,327	$57.47	$76.3K	Form 4
Jul 22, 2026	Kuykendall AnneSVP and Chief Legal Officer	Sale	739	$56.12	$41.5K	Form 4
Jun 15, 2026	Kuykendall AnneSVP and Chief Legal Officer	Sale	4,000	$64.38	$257.5K	Form 4
Jun 1, 2026	Clark Joseph GatesSVP and Pres, Optimized LED	Sale	10,351	$58.88	$609.4K	Form 4
May 26, 2026	Kuykendall AnneSVP and Chief Legal Officer	Sale	4,000	$54.45	$217.8K	Form 4
May 14, 2026	Straub Maximiliane CDirector	Sale	3,000	$49.00	$147.0K	Form 4
May 12, 2026	Straub Maximiliane CDirector	Sale	4,000	$44.34	$177.4K	Form 4
May 12, 2026	NAYYAR SANDEEPDirector	Sale	7,107	$43.48	$309.0K	Form 4
May 11, 2026	Straub Maximiliane CDirector	Sale	8,000	$45.00	$360.0K	Form 4
May 11, 2026	NAYYAR SANDEEPDirector	Sale	12,893	$45.09	$581.3K	Form 4
May 8, 2026	Clark Joseph GatesSVP and Pres, Optimized LED	Sale	5,000	$39.99	$199.9K	Form 4
May 5, 2026	Clark Joseph GatesSVP and Pres, Optimized LED	Sale	5,000	$34.75	$173.8K	Form 4
Apr 24, 2026	Clark Joseph GatesSVP and Pres, Optimized LED	Sale	5,000	$29.75	$148.8K	Form 4
Apr 23, 2026	Clark Joseph GatesSVP and Pres, Optimized LED	Sale	1,485	$27.62	$41.0K	Form 4
Apr 22, 2026	Kuykendall AnneSVP and Chief Legal Officer	Sale	738	$27.92	$20.6K	Form 4
Apr 16, 2026	Clark Joseph GatesSVP and Pres, Optimized LED	Sale	5,000	$26.82	$134.1K	Form 4
Apr 9, 2026	Clark Joseph GatesSVP and Pres, Optimized LED	Sale	12,546	$22.55	$282.9K	Form 4
Mar 16, 2026	Kuykendall AnneSVP and Chief Legal Officer	Sale	4,000	$17.75	$71.0K	Form 4
Feb 25, 2026	Kuykendall AnneSVP and Chief Legal Officer	Sale	4,000	$20.80	$83.2K	Form 4

All 79 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

InvescoSCHEDULE 13G/A, 2 filings Aug 13, 2026⁴⁹
FMR LLCSCHEDULE 13G/A, 8 filings Feb 9, 2022 to Aug 6, 2026⁵⁰
ScotiabankSCHEDULE 13G, 1 filing Jul 15, 2026⁵¹
VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 2026⁵²
VANGUARD GROUP INCSCHEDULE 13G/A, 6 filings Feb 10, 2022 to Mar 27, 2026⁵³
CROSSLINK CAPITAL INCSCHEDULE 13G/A, 2 filings Feb 14, 2025 to Nov 14, 2025⁵⁴
State Street CorporationSCHEDULE 13G, 5 filings Feb 10, 2022 to Nov 10, 2025⁵⁵
BlackRockSCHEDULE 13G/A, 1 filing Oct 17, 2025⁵⁶
Yiheng Capital Management, L.P.SC 13G/A, 3 filings Feb 14, 2024⁵⁷
Russell Investments Group, Ltd.SC 13G/A, 1 filing Feb 11, 2022⁵⁸

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
BlackRock, Inc.	7,652,384	$581.7M	0.0%	−70,010
Fmr LLC	6,166,682	$468.7M	0.0%	+1,553,961
Invesco Ltd.	4,553,215	$346.1M	0.0%	+565,075
State Street Corp	3,128,616	$237.8M	0.0%	−94,683
Vanguard Portfolio Management LLC	2,984,926	$226.9M	0.0%	−618,311
Dimensional Fund Advisors LP	2,393,508	$181.9M	0.0%	+1,091
Vanguard Capital Management LLC	2,111,433	$160.5M	0.0%	−55,148
Barrow Hanley Mewhinney & Strauss LLC	1,975,948	$150.2M	0.5%	+186,926
American Century Companies Inc	1,962,105	$149.1M	0.1%	+1,441,952
Boston Partners	1,677,550	$127.9M	0.1%	+81,567
Geode Capital Management, LLC	1,250,752	$95.1M	0.0%	−4,970
Charles Schwab Investment Management Inc	709,310	$53.9M	0.0%	−158,826
Paradigm Capital Management Inc/ny	685,900	$52.1M	1.4%	−919,200
Driehaus Capital Management LLC	672,847	$51.1M	0.3%	New
Two Sigma Investments, LP	660,315	$50.2M	0.0%	+474,080
Morgan Stanley	654,049	$49.7M	0.0%	+58,962
Kennedy Capital Management LLC	610,743	$46.4M	0.8%	−368,749
Northern Trust Corp	588,462	$44.7M	0.0%	+17,705
Portolan Capital Management, LLC	546,173	$41.5M	1.6%	New
Bnp Paribas Financial Markets	543,480	$41.3M	0.0%	+128,073
William Blair Investment Management, LLC	450,030	$34.2M	0.1%	−516,134
Wellington Management Group Llp	432,722	$32.9M	0.0%	−155,029
Vanguard Fiduciary Trust Co	335,288	$25.5M	0.0%	+23,215
Marshall Wace, Llp	315,487	$24.0M	0.0%	+167,720
Royce & Associates LP	301,775	$22.9M	0.2%	−678,974

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARPenguin Solutions, Inc. filings on SEC EDGAR
2
SEC EDGARPenguin Solutions, Inc. 10-K for fiscal 2025
3
SEC EDGARPenguin Solutions, Inc. filings on SEC EDGAR
4
SEC EDGARPenguin Solutions, Inc. annual report, Item 1 (Business)
5
SEC EDGARPenguin Solutions, Inc. 10-K for fiscal 2018
6
SEC EDGARPenguin Solutions, Inc. 10-K for fiscal 2019
7
SEC EDGARPenguin Solutions, Inc. 10-K for fiscal 2020
8
SEC EDGARPenguin Solutions, Inc. 10-K for fiscal 2021
9
SEC EDGARPenguin Solutions, Inc. 10-K for fiscal 2022
10
SEC EDGARPenguin Solutions, Inc. 10-Q for fiscal 2026
11
SEC EDGARPenguin Solutions, Inc. 10-Q for fiscal 2026
12
SEC EDGARPenguin Solutions, Inc. 10-K for fiscal 2018
13
SEC EDGARKashif Shaikh, Chief executive officer
14
SEC EDGARMark Adams, Chief executive officer
15
SEC EDGARIain Mackenzie, Chief executive officer
16
SEC EDGARPeter J. Manca, President
17
SEC EDGARDavid C. Laurello, President
18
SEC EDGARJoseph Gates Clark, President
19
SEC EDGARAaron Michael Johnson, Chief financial officer
20
SEC EDGARNathan Olmstead, Chief financial officer
21
SEC EDGARKen Rizvi, Chief financial officer
22
SEC EDGARJack A. Pacheco, Chief financial officer
23
SEC EDGARJoseph Gates Clark, SVP and Pres, Optimized LED
24
SEC EDGARPeter J. Manca, SVP, Pres, Advanced Computing
25
SEC EDGARAnthony George Frey, SVP and Chief Revenue Officer
26
SEC EDGARClaude Demby, SVP, Pres. Cree LED
27
SEC EDGARThierry Pellegrino, SVP, Pres. Spec. Computing
28
SEC EDGARStephen C. Dow, Senior Vice President
29
SEC EDGARThomas Coull, Senior Vice President
30
SEC EDGARAlan Marten, Sr. VP, Chief Strategy Officer
31
SEC EDGARBruce M. Goldberg, Officer
32
SEC EDGARKiwan Kim, Sr. VP, Emerging Mkts & Pres.
33
SEC EDGARDavid W. Heard, Board member
34
SEC EDGARMin Yong Ha, Board member
35
SEC EDGARMary G. Puma, Board member
36
SEC EDGARMark D. Papermaster, Board member
37
SEC EDGARPenny Herscher, Board member
38
SEC EDGARMark Adams, Board member
39
SEC EDGARMaximiliane C. Straub, Board member
40
SEC EDGARBryan Ingram, Board member
41
SEC EDGARJason White, Board member
42
SEC EDGARKenneth Y. Hao, Board member
43
SEC EDGARMukesh Patel, Board member
44
SEC EDGARPaul Mercadante, Board member
45
SEC EDGARSandeep Nayyar, Board member
46
SEC EDGARRandy W. Furr, Board member
47
SEC EDGARAnne Kuykendall, General counsel
48
SEC EDGARBruce M. Goldberg, General counsel
49
SEC EDGARInvesco SCHEDULE 13G/A on Penguin Solutions, Inc.
50
SEC EDGARFMR LLC SCHEDULE 13G/A on Penguin Solutions, Inc.
51
SEC EDGARScotiabank SCHEDULE 13G on Penguin Solutions, Inc.
52
SEC EDGARVANGUARD PORTFOLIO MANAGEMENT LLC SCHEDULE 13G on Penguin Solutions, Inc.
53
SEC EDGARVANGUARD GROUP INC SCHEDULE 13G/A on Penguin Solutions, Inc.
54
SEC EDGARCROSSLINK CAPITAL INC SCHEDULE 13G/A on Penguin Solutions, Inc.
55
SEC EDGARState Street Corporation SCHEDULE 13G on Penguin Solutions, Inc.
56
SEC EDGARBlackRock SCHEDULE 13G/A on Penguin Solutions, Inc.
57
SEC EDGARYiheng Capital Management, L.P. SC 13G/A on Penguin Solutions, Inc.
58
SEC EDGARRussell Investments Group, Ltd. SC 13G/A on Penguin Solutions, Inc.