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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
Markets · Technology

Penguin Solutions, Inc. (PENG)

NMS · Information Technology Services

$48.13-4.36 (-8.31%)Quote refreshed

Sources: Yahoo Finance (quote, statistics) · SEC EDGAR (filings, insider trades, 13F holders) · company filings & press wires

Market Cap
$2.47B
P/E (TTM)
37.60
EPS
$1.28
Div Yield
52W Range
$16.04–$89.86
Beta
2.83

Company overview

Next earnings: 2026-10-13(77d)

Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers hardware, software, and services focusing on technical computing for core and cloud environments through computing and AI solutions. The company also provides Penguin Solutions OriginAI, an AI infrastructure solution for customers deploying GPUs at scale; continuous availability of customers critical data and applications in data centers and edge locations under the Stratus brand products; and dynamic random-access memory, modules, solid-state/flash storage, and integrated memory solutions to networking and telecom, data analytics, AI, and ML under the SMART Modular Technologies brand. In addition, it provides Zefr, a memory module; Altus and AMD EPYC based servers for expansive memory for AI workloads; flash memory products comprising solid-state drives, Serial Advanced Technology Attachment, and PCIe NVMe products in 2.5 enclosures, M.2, EDSFF, and other form factors; and multimediacard and embedded and removable USB products, SD and microSD Card configurations, and firmware development. Further, the company offers procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging supply chain services; and LEDs under the Cree LED brand; Cree LED XLamp and J Series packaged LED components. It serves OEMs, enterprises, government, and other customers through direct and third-party channels. The company has a strategic collaboration with Deepgram, Dell Technologies, and ZulaFly to offer healthcare, location-based workflow, and safety solutions. The company was formerly known as SMART Global Holdings, Inc. and changed its name to Penguin Solutions, Inc. in October 2024. Penguin Solutions, Inc. was founded in 1988 and is headquartered in Fremont, California.

Peers in Information Technology Services

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Recent press releases

April 2026

3 months ago8-KTechnology

Penguin Solutions, Inc. — 8-K Filing

PENGPenguin Solutions, Inc.

# 🧾 What This Document Is This is an **8-K filing**, which is a report companies must file with the SEC to announce major, shareholder-relevant events. This specific update announces that Penguin Solutions has completely sold its stake in a business unit. Think of it as a formal press release filed

Read summaryView on SEC EDGAR
3 months ago8-KTechnology

Penguin Solutions, Inc. — 8-K Filing

PENGPenguin Solutions, Inc.

# 🧾 What This Document Is This is a quarterly earnings report (an 8-K filing with a press release attached) for Penguin Solutions, Inc. It's a standard update for investors, showing how the company performed financially in the most recent three-month period and what they expect for the rest of the

Read summaryView on SEC EDGAR

SEC filings

All filings →
2 recent filings shown in the timeline above. View all SEC filings →

Penguin Solutions, Inc. has no reported insider trades in the last 90 days.

Institutional holders

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As of 2025-12-31 · prior 2025-09-30
718,545 sh● NEW
9,063 sh● NEW

People at Penguin Solutions, Inc.

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Quarterly financials

Full financials →
Revenue trend
11/24
$70.8M
NI $5.2M
02/25
$200.2M
NI $8.1M
05/25
$61.6M
NI $2.7M
RevenueNI = Net Income
EPS trend (diluted)
Latest: $-0.01
Prior: $0.09
Revenue sparkline