Welcome to our dedicated page for Penguin Solutions SEC filings (Ticker: PENG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Penguin Solutions, Inc. (PENG) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Delaware corporation listed on Nasdaq, Penguin Solutions submits periodic and current reports that describe its financial performance, risk factors, and significant corporate events across its Advanced Computing, Integrated Memory, and Optimized LED segments.
Among the filings available are current reports on Form 8-K. For example, Penguin Solutions filed an 8-K describing the release of financial results for a fiscal period and noting that the company refers to non-GAAP financial information in its earnings materials, with reconciliations to GAAP included in the associated press release. The same 8-K also reports that the Audit Committee of the Board of Directors approved a stock repurchase authorization, allowing the company to repurchase shares of its common stock through open market purchases, privately negotiated transactions, or other methods, subject to market conditions and corporate needs.
In addition to current reports, investors can consult Penguin Solutions’ annual reports on Form 10-K and quarterly reports on Form 10-Q, which the company references in its risk factor discussions. These filings contain sections such as “Risk Factors,” “Results of Operations,” “Quantitative and Qualitative Disclosures About Market Risk,” and “Liquidity and Capital Resources,” providing detail on the company’s operations in high-performance computing, AI infrastructure, memory technologies, and LED solutions.
On Stock Titan, these filings are supplemented by AI-powered summaries that explain key points, highlight important adjustments between GAAP and non-GAAP measures, and make it easier to understand complex disclosures. Users can also review information related to corporate actions, stock repurchase authorizations, and other material events reported on Forms 8-K, as well as track how Penguin Solutions presents its financial metrics and risk disclosures over time.
Penguin Solutions, Inc. reported lower sales but sharply higher profitability for the quarter ended February 27, 2026. Net sales fell to $343.0 million from $365.5 million as Advanced Computing hardware revenue dropped, partly offset by strong Integrated Memory growth.
Net income attributable to Penguin Solutions jumped to $37.5 million from $8.1 million, and diluted EPS rose to $0.58 from $0.09, largely driven by a $27.5 million gain on the sale of its Celestial AI investment. Gross margin slipped to 27.3% as business mix shifted and the company recorded a $5.8 million inventory write-off for goods stolen in transit.
PENG ended the quarter with $489.2 million in cash and cash equivalents and $442.8 million of long‑term debt, after refinancing its credit facility and redeeming its 2026 convertible notes in cash. It continued returning capital via share repurchases and paid $6.1 million in preferred dividends tied to its SK Telecom strategic investment.
Penguin Solutions reported mixed but improving results for Q2 fiscal 2026 and raised its full-year outlook. Net sales were $343 million, down about 6% from the prior year, as Advanced Computing revenue declined while Integrated Memory grew strongly. GAAP gross margin slipped to 27.3%, but non-GAAP gross margin improved to 31.2%.
GAAP diluted EPS jumped to $0.58 from $0.09 a year earlier, helped by a large gain on an equity investment, while non-GAAP diluted EPS held steady at $0.52. The company now targets full-year 2026 net sales growth of 12% year over year, up from 6%, and raises its GAAP EPS outlook to $1.30 and non-GAAP EPS to $2.15 at the midpoint. Management cites expanding AI/HPC demand and strong memory-driven performance as key drivers.
Penguin Solutions, Inc. has completed the divestiture of its remaining stake in its Brazil memory module business. On March 30, 2026, its wholly owned indirect subsidiary SMART Modular Technologies (LX) S.à r.l. sold its final 19% interest in Zilia Technologies for $46.08 million to Lexar Europe B.V. under a previously signed Stock Transfer Agreement.
After this transaction, the seller no longer holds any interest in Zilia Technologies, which assembles and tests commodity memory modules for electronics manufacturers serving Brazilian consumers. Buyer had already acquired the other 81% interest in November 2023, so Zilia Technologies is now wholly owned by the buyer.
Penguin Solutions Inc ownership filing: The Vanguard Group filed an amendment disclosing 0 shares beneficially owned and 0% of common stock as reported for this filing. The filing explains an internal realignment effective January 12, 2026 that led certain Vanguard subsidiaries/divisions to report holdings separately in reliance on SEC Release No. 34-39538.
Penguin Solutions, Inc. senior vice president and Chief Legal Officer Anne Kuykendall reported an open-market sale of 4,000 shares of common stock on March 16, 2026 at a weighted average price of $17.7452 per share.
The sale was executed under a previously established Rule 10b5-1 trading plan adopted on November 11, 2025, indicating it was pre-planned. Following this transaction, Kuykendall directly holds 131,352 shares of Penguin Solutions common stock.
Penguin Solutions, Inc. senior vice president and chief legal officer Anne Kuykendall sold 4,000 shares of common stock in an open-market transaction at a weighted average price of $20.8008 per share on February 25, 2026. The sale was made under a previously established Rule 10b5-1 trading plan, and she continued to hold 135,352 shares of Penguin Solutions common stock directly after the transaction.
Penguin Solutions, Inc. senior vice president Clark Joseph Gates reported an open-market sale of 10,046 shares of common stock at a weighted average price of $20.0674 per share. After this transaction, he directly holds 112,272 shares of Penguin Solutions common stock.
The sale on February 24, 2026 was carried out under a previously established Rule 10b5-1 trading plan, meaning it was pre-arranged in advance. The trades were executed in multiple lots at prices ranging from $20.00 to $20.21 per share.
Joseph Clark reported a proposed sale of common stock. The filing lists a 10b5-1 sale of 1,346 common shares on 02/10/2026, with an aggregate amount reported as $25,614.38. The trade is shown through Morgan Stanley Smith Barney LLC.
Penguin Solutions, Inc. insider trading update: Senior Vice President and President, Optimized LED, Clark Joseph Gates reported an open-market sale of 1,346 shares of Penguin Solutions common stock on February 10, 2026.
The shares were sold at a price of $19.03 per share, and the transaction is coded as a sale in the open market. After this trade, Gates directly beneficially owns 122,318 shares of Penguin Solutions common stock.
The filing notes that this trade was executed under a pre-established Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2025, which is designed to allow scheduled sales under predetermined conditions.