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.
Bank of Nova Scotia, a Canadian federal-level institution, reports beneficial ownership of 4,439,943 shares of Penguin Solutions, Inc. common stock. This holding represents 8.52% of the class.
Bank of Nova Scotia has sole power to vote and dispose of all 4,439,943 shares and reports no shared voting or dispositive power. The position is reported as a parent holding company under Rule 13d-1(b)(1)(ii)(g).
Penguin Solutions (PENG) reported a very strong quarter for the period ended May 29, 2026. Net sales were $478.7 million, up 47.6% from $324.3 million, driven mainly by Integrated Memory, where AI-related DRAM and Flash demand boosted volume and pricing.
Net income jumped to $46.2 million from $3.5 million, and basic EPS improved to $0.73 from a small loss. Gross margin held near prior levels at 27.8%, while operating margin expanded as selling, general and administrative costs fell as a percentage of sales and goodwill impairments did not recur.
The company generated $11.2 million of operating cash flow year-to-date, supported by a large increase in payables that offset higher receivables and inventories. Cash and cash equivalents were $440.3 million, against total debt of $443.2 million, including 2029 and 2030 convertible notes.
Penguin Solutions reported a record third quarter of fiscal 2026, with net sales of $478.7M, up 48% from a year earlier, driven by strong AI-related demand across Integrated Memory and AI Infrastructure. GAAP operating income rose to $51M, a 417% increase, and GAAP diluted EPS improved to $0.68 from a slight loss.
On a non-GAAP basis, operating income reached $64M, up 67%, and diluted EPS climbed to $0.84 from $0.47. The company raised its fiscal 2026 outlook, now targeting net sales growth of 22% plus or minus 2%, GAAP EPS of $1.97 ±$0.05, and non-GAAP EPS of $2.60 ±$0.05, reflecting very strong agentic AI-driven demand.
Penguin Solutions, Inc. filed an amendment to update details of compensation for Aaron Johnson, who was previously appointed interim Chief Financial Officer and principal financial and accounting officer effective July 9, 2026. The Compensation Committee approved a monthly interim CFO stipend of $10,000, prorated for actual time served and excluded from annual incentive plan calculations.
Mr. Johnson will also receive a retention equity grant of 5,153 restricted stock units under the company’s Amended and Restated 2017 Stock Incentive Plan. These RSUs vest 25% on July 20, 2027, with the remaining shares vesting in 12 equal quarterly installments, contingent on his continued service. The company states there are no other new compensatory arrangements related to his interim CFO role.
Penguin Solutions, Inc. senior vice president and chief legal officer Anne Kuykendall reported selling a total of 4,000 shares of common stock in open-market transactions on June 15, 2026. The sales were executed at prices generally between about $62.29 and $65.63, with each line item reported at a weighted average sale price.
The filing states that these transactions were carried out under a previously established Rule 10b5-1 trading plan adopted on November 11, 2025. After completing these sales, Kuykendall directly holds 120,794 shares of Penguin Solutions common stock.
Penguin Solutions, Inc. senior vice president and president of Optimized LED, Clark Joseph Gates, reported selling a total of 10,351 shares of common stock on June 1, 2026. The six open-market sales were executed at per-share prices ranging from about $55.53 to $60.76, and were carried out under a previously established Rule 10b5-1 trading plan adopted on November 11, 2025.
PENG affiliate reported proposed and recent sales of Common Stock by Joseph Clark. The filing lists planned sales of Performance Stock Units and multiple 10b5-1 sales completed in 04/09/2026, 04/16/2026, 04/23/2026, 04/24/2026, 05/05/2026, and 05/08/2026 with individual share and dollar amounts shown in the filing.
Penguin Solutions, Inc. announced a planned CFO transition and reaffirmed its financial outlook for full-year fiscal 2026. Senior Vice President and CFO Nate Olmstead will resign effective July 8, 2026, to pursue another opportunity, and will not receive severance.
Vice President of Finance and Accounting Aaron Johnson will become interim CFO and principal financial and accounting officer effective July 9, 2026, while the company conducts a search for a permanent CFO. The company reaffirmed its fiscal 2026 outlook and expects both net sales and diluted EPS to be at the high end of its prior ranges, citing strong agentic AI-driven demand, and plans to report third-quarter 2026 results on July 7, 2026.
Penguin Solutions, Inc. senior vice president and chief legal officer Anne Kuykendall reported selling a total of 4,000 shares of common stock in open‑market transactions on May 26, 2026. The sales were executed at weighted average prices in ranges from about $52.32 to $55.44 per share under a previously established Rule 10b5‑1 trading plan, indicating the trades were pre‑scheduled rather than discretionary. She continues to hold a substantial direct equity position after these transactions.
HEARD DAVID W reported acquisition or exercise transactions in this Form 4 filing.
Penguin Solutions, Inc. director David W. Heard reported an equity compensation grant in the form of restricted stock units covering 4,485 shares of Common Stock. The units were granted at a reported price of $0.00 per share and will vest over time.
According to the award terms, 2,562 restricted stock units are scheduled to vest on May 18, 2027, with the remainder of the award vesting on January 31, 2028. Following this grant, the filing shows Heard with 4,485 directly owned shares tied to this award.