Penguin Solutions, Inc. Q1 2026 Earnings Recap
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Set up alerts — freePenguin Solutions reported Q1 FY 2026 revenue of $343 million, reflecting a 2% sequential increase and a strategic shift towards enterprise AI deployments, despite headwinds and the absence of hyperscale hardware revenue.
Earnings Per Share
Beat
$0.49
vs
$0.41 est.
+19.5% surprise
Revenue
Beat
343071000
vs
338428200 est.
+1.4% surprise
Market Reaction
1-Day
-13.78%
5-Day
-10.02%
30-Day
-10.86%
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Add to your portfolio — freeKey Takeaways
- Non-GAAP gross margins improved to 30%, demonstrating effective execution amid market transitions.
- Advanced Computing revenue rose 9% quarter-over-quarter, bolstered by new customer bookings in defense and education sectors.
- Integrated Memory revenue surged 41% year-over-year, highlighting strong demand signals in key markets.
- The company is strategically diversifying its customer base and expanding into sovereign cloud opportunities, supporting future growth in AI infrastructure solutions.
This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit
PENG on AllInvestView.
Also Reported on January 7, 2026
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