Penguin Solutions, Inc. Q4 2026 Earnings Recap

Shares rose 19.6% after Penguin reported record quarterly sales and raised its fiscal 2027 growth outlook. The clearest positives were accelerating AI-driven growth, faster bookings than sales in AI infrastructure and Integrated Memory, and management’s expectation that EPS growth will outpace sales growth.

Key Takeaways

• Q4 net sales were $567 million, up 68% year over year; EPS was $1, up 133%.
• Non-hyperscale AI infrastructure and Integrated Memory made up 78% of company sales and grew 141% year over year.
• Advanced Computing sales were $154 million, up 11%; within that segment, non-hyperscale AI infrastructure sales grew 99% and represented 66% of segment sales.
• Full-year net sales were approximately $1.73 billion, up approximately 26%; the company also reported record full-year operating income.
• Management cited record company backlog and accelerating neocloud demand, and raised its fiscal 2027 growth outlook from the preliminary view shared last quarter.