Monitor next quarter for sustained margin expansion and AI-driven memory demand; the raised guidance suggests confidence in turnaround despite near-term revenue headwinds.
Price Chart
Executive Summary
Penguin Solutions reported Q2 FY2026 results with GAAP EPS of $0.58 (vs $0.09 prior year) and raised full-year net sales and EPS outlook, driven by strong memory demand and AI inference market growth. Despite a 6% YoY revenue decline to $343M, the stock is likely to react positively due to the outlook raise and solid non-GAAP gross margin expansion.
Key Financial Metrics
Key Facts
- GAAP EPS of $0.58, up from $0.09 YoY
- Non-GAAP gross margin improved 40 bps YoY to 31.2%
- Raised full-year net sales outlook to 12% YoY growth and EPS to $1.30
- Net sales of $343M, down 6% YoY
- Added five AIHPC customers, including a Tier One financial institution
Financial Impact
Revenue $343M (down 6% YoY), EPS $0.58 (up 544% YoY), full-year sales outlook raised to 12% growth
Risk Factors
- Revenue declined 6% YoY despite strong memory segment growth
- Integrated Memory segment growth may not offset weakness in Advanced Computing
- Execution risk in AIHPC customer pipeline conversion
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001616533-26-000028 |
| Document: peng-20260401.htm | 0001616533-26-000028 |
| Document: 0001616533-26-000028-index-headers.html | 0001616533-26-000028 |
| Document: 0001616533-26-000028-index.html | 0001616533-26-000028 |
| Document: 0001616533-26-000028.txt | 0001616533-26-000028 |
| 8-K Data (Synthetic) | 0001616533-26-000028 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 144 | $54.92 | awaiting T+5 | — | $58.99 (+7.41%) |
Oct 22, 2026 5d ago | 144 | $53.41 | awaiting T+5 | — | $58.99 (+10.45%) |
Oct 19, 2026 8d ago | SC 13G/A | $56.54 $54.92 | ▲ +2.87% | ▲ +2.72% | $58.99 (−4.33%) |
Oct 8, 2026 19d ago | 3 | $76.28 $57.10 | ▼ −25.14% | ▼ −23.18% | $58.99 (−22.67%) |
Oct 6, 2026 21d ago | 8-K | $72.61 $67.59 | ▼ −6.91% | ▼ −5.93% | $58.99 (−18.76%) |
Oct 6, 2026 21d ago | 8-K | $72.61 $67.59 | ▼ −6.91% | ▼ −5.93% | $58.99 (−18.76%) |
Jul 27, 2026 13w ago | Insider Cluster | $48.13 $52.60 | ▲ +9.29% | ▲ +7.02% | $58.99 (+22.56%) |
Jul 17, 2026 14w ago | 8-K | $53.23 $53.85 | ▲ +1.16% | ▲ +1.59% | $58.99 (+10.82%) |
Jun 11, 2026 19w ago | Institutional Cluster | $64.33 $59.68 | ▼ −7.23% | ▼ −7.66% | $58.99 (−8.30%) |
Jun 2, 2026 21w ago | Insider Cluster | $71.41 $58.52 | ▼ −18.05% | ▼ −14.23% | $58.99 (−17.39%) |
US Market Status
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