Penguin Solutions posted strong Q2 FY '26 results driven by robust demand for AI inference infrastructure, supported by strategic investments in platform expansion.

• Achieved $343 million in net sales, reflecting growing traction in AI-focused markets.
• Non-GAAP gross margin stood at 31.2%, reflecting improved operational efficiency.
• Expanding AI factory platform with new MemoryAI systems and enhanced reference architectures to meet inference workload demands.
• Strengthened leadership with the appointment of a seasoned AI infrastructure executive to accelerate product innovation and go-to-market strategies.
• See continued momentum across enterprise, hyperscale, and sovereign AI markets, with a focus on full-stack, rapid deployment solutions.