Penguin Solutions delivered a solid performance in Q3 Fiscal Year 2025, with notable revenue and earnings per share growth, alongside successful new customer acquisitions and strategic partnerships. Despite some revenue declines in the Advanced Computing segment and challenges in the LED segment due to tariffs, the company's overall financial health and strategic direction remain positive.

Company Guidance -

Q4 2025

During the third quarter of fiscal year 2025, Penguin Solutions reported a revenue of $324 million, reflecting a 7.9% increase from the same period in fiscal year 2024. The company's non-GAAP gross margin was 31.7%, and non-GAAP diluted earnings per share (EPS) rose by 25% year over year to $0.47. Non-GAAP operating income reached $38 million, up 15% from the previous year, resulting in a non-GAAP operating income margin of 11.9%. The company reaffirmed its full-year revenue growth outlook of 17% at the midpoint and raised its non-GAAP diluted EPS outlook from $1.60 to $1.80 per share at the midpoint. Advanced computing revenue for the quarter was $132 million, while integrated memory revenue grew by 24% to $130 million compared to the prior quarter, and optimized LED revenue was $62 million. Additionally, the company's cash and cash equivalents and short-term investments totaled $736 million at the end of the quarter, with a positive cash flow from operating activities of $97 million.

Revenue Growth

Penguin Solutions reported revenue of $324 million for Q3 Fiscal Year 2025, marking a 7.9% increase compared to the same period in Fiscal Year 2024.

Earnings Per Share Increase

Non-GAAP diluted earnings per share increased by 25% year over year to 47¢.

Operating Income Growth

Non-GAAP operating income rose by 15% from the prior year, reaching $38 million, with an operating income margin of 11.9%.

Integrated Memory Segment Growth

The Integrated Memory segment achieved $130 million in revenue, a 24% increase from the prior quarter.

New Customer Bookings

Penguin Solutions secured five new customer bookings, indicating strong market interest in its products and services.

Partnership with SK Telecom

The partnership with SK Telecom is progressing well, with early wins related to AI data center infrastructure initiatives.

Refinancing and Balance Sheet Strengthening

Completed refinancing of a $400 million credit facility, reducing gross leverage and extending debt maturity.

Penguin Solutions (PENG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PENG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 02, 2025	2025 (Q4)	0.38 / -	0.37	―	―	―
Jul 08, 2025	2025 (Q3)	0.42 / 0.47	0.37	27.03% (+0.10)
Apr 02, 2025	2025 (Q2)	0.38 / 0.52	0.27	92.59% (+0.25)
Jan 08, 2025	2025 (Q1)	0.39 / 0.49	0.24	104.17% (+0.25)
Oct 15, 2024	2024 (Q4)	0.40 / 0.37	0.35	5.71% (+0.02)
Jul 09, 2024	2024 (Q3)	0.30 / 0.37	0.66	-43.94% (-0.29)
Apr 09, 2024	2024 (Q2)	0.25 / 0.27	0.76	-64.47% (-0.49)
Jan 09, 2024	2024 (Q1)	0.16 / 0.24	0.79	-69.62% (-0.55)
Oct 12, 2023	2023 (Q4)	0.46 / 0.35	0.8	-56.25% (-0.45)
Jun 29, 2023	2023 (Q3)	0.40 / 0.66	0.87	-24.14% (-0.21)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PENG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 08, 2025	$21.19	$23.43	+10.57%
Apr 02, 2025	$18.05	$16.19	-10.30%
Jan 08, 2025	$19.13	$20.65	+7.95%
Oct 15, 2024	$20.41	$15.62	-23.47%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Penguin Solutions (PENG) report earnings?

Penguin Solutions (PENG) is schdueled to report earning on Oct 02, 2025, After Close (Confirmed).

What is Penguin Solutions (PENG) earnings time?

Penguin Solutions (PENG) earnings time is at Oct 02, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PENG EPS forecast?

PENG EPS forecast for the fiscal quarter 2025 (Q4) is 0.38.

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