Penguin Solutions Inc. reported net sales of $1.37 billion for the fiscal year ended August 29, 2025, representing an increase of $198.0 million, or 16.9%, compared to the previous year. Advanced Computing net sales rose by $93.9 million, or 16.9%, while Integrated Memory net sales grew by $107.8 million, or 30.3%, over the same period. Net income attributable to Penguin Solutions was $25.4 million, compared to a net loss of $52.5 million in the prior year and a net loss of $187.5 million two years ago. Net income attributable to noncontrolling interest totaled $3.44 million, up from $2.54 million in the previous year and $1.83 million two years ago. Gross margin decreased to 28.8% in 2025 from 29.1% in 2024 and 28.8% in 2023.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Penguin Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001616533-25-000061), on October 21, 2025, and is solely responsible for the information contained therein.
Comments