Penguin Solutions Q2 sales rise 28% to $366 million; raises revenue outlook midpoint
Penguin Solutions reported second-quarter fiscal 2025 net sales of $366 million, up 28.3% from a year earlier, with GAAP diluted earnings of $0.09 per share compared with a loss of $(0.26) a year ago. The company raised the midpoint of its full-year revenue outlook to 17% year-over-year growth, plus or minus 3%, from 15% plus or minus 5%, and said Chief Operating Officer Jack Pacheco will retire on December 31, 2025.
Key points
- Net sales $366 million, up 28.3% versus the year-ago quarter; GAAP gross margin 28.6%, down 20 basis points
- GAAP diluted EPS $0.09 versus $(0.26) a year ago; non-GAAP diluted EPS $0.52 versus $0.27
- Full-year fiscal 2025 net sales growth outlook raised to 17% year-over-year, plus or minus 3%, from 15% plus or minus 5%
- Jack Pacheco, EVP, COO and President of Integrated Memory, to retire December 31, 2025; succession planning has begun
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 02, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.