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Earnings Data
Report Date
Oct 13, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.77Last Year’s EPS
0.43Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based execution driven by accelerating AI demand and a major surge in the Integrated Memory business, with record quarterly net sales, marked EPS upside and raised FY guidance. Strategic customer wins, partner recognitions and product momentum (ClusterWareAI, MemoryAI/CXL) reinforce the AI factory strategy. Key risks include margin pressure as pricing tailwinds moderate, a working-capital build that reduced cash and operating cash flow in the quarter, the planned wind down of the high-margin Penguin Edge business (which reduces reported growth), supply-chain and memory cost risks, and dilution from convertible debt. On balance, the positive operational and revenue momentum and the upgraded outlook materially outweigh the challenges highlighted.Company Guidance
Record Net Sales and Strong Quarter
Total net sales were a record $479 million in Q3 FY'26, up 48% year-over-year and up 40% sequentially.
Healthy Profitability and EPS Beat
Non-GAAP diluted EPS was $0.84, up 79% year-over-year and 62% versus the prior quarter; non-GAAP operating income was $64 million, up 67% year-over-year and 42% sequentially; non-GAAP operating margin was 13.4%, up 1.5 percentage points year-over-year.
Integrated Memory Outperformance
Integrated Memory net sales were $275 million (57% of company net sales), up 111% year-over-year and 60% sequentially; company raised full-year Memory net sales guidance to +90% to +95% year-over-year.
AI-Driven Businesses Momentum
AI-driven businesses represented 74% of total company net sales in Q3 and grew 104% year-over-year, reflecting strong traction for AI factory platform offerings.
Non-Hyperscale Advanced Computing Acceleration
Within Advanced Computing, non-hyperscale AI infrastructure net sales grew 81% year-over-year; Advanced Computing net sales were $138 million, up 4% year-over-year and 19% sequentially, with non-hyperscale representing 58% of segment sales versus 33% a year ago.
Raised Full-Year Company Outlook
Company raised full-year outlook to a midpoint of 22% net sales growth and $2.60 non-GAAP diluted EPS (up from prior outlook of 12% net sales growth and $2.15 EPS).
Customer and Partner Wins Validate Strategy
Added 4 new AI infrastructure customer logos in Q3; trailing 4 quarters added 13 AI infra logos (7 expanded) and 16 memory logos (5 expanded); expanded engagements with Deepgram and a Tier 1 financial institution; delivered the 'Spectra' sovereign deployment with Sandia/NextSilicon; named an NVIDIA AI Factory Specialized Partner and Dell Technologies Global Alliances Americas AI Partner of the Year.
Product and Go-to-Market Progress
Momentum on ClusterWareAI operating system, MemoryAI and CXL memory expansion products; bookings-to-revenue cadence for AI infrastructure of roughly 3 to 6 months gives visibility into near-term revenue.
Improved Operating Leverage and Adjusted EBITDA
Adjusted EBITDA was $68 million, up 51% year-over-year and 34% sequentially, demonstrating strong operating leverage against increased investments.
Working Capital Management and Share Repurchase
Cash conversion cycle was 33 days (improved 5 days sequentially); repurchased approximately $9 million of stock in Q3 (466,000 shares) with $56 million remaining authorization.
PENG Earnings History
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 07, 2026 | $62.71 | $78.47 | +25.13% |
Apr 01, 2026 | $18.25 | $20.69 | +13.37% |
Jan 06, 2026 | $21.55 | $18.58 | -13.78% |
Oct 07, 2025 | $27.00 | $22.68 | -16.02% |
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, Inc. (PENG) report earnings?
Penguin Solutions, Inc. (PENG) is schdueled to report earning on Oct 13, 2026, After Close (Confirmed).
What is Penguin Solutions, Inc. (PENG) earnings time?
Penguin Solutions, Inc. (PENG) earnings time is at Oct 13, 2026, 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 2026 (Q4) is 0.77.
