Penguin Solutions appointed Stephen Cumming as Senior Vice President and Chief Financial Officer, effective October 6, 2026. He replaces Aaron Johnson, who had been interim CFO since July 9, 2026 and returns to his prior role as Vice President, Finance and Accounting. The filing also discloses Cumming's pay package, including a $700,000 retention bonus and equity grants totaling $4.3 million in target value, which matter to shareholders as a cost and as a sign of who leads the company's finances.
Stephen Cumming, formerly CFO of Edgio, Inc. (2022 to 2025), starts as SVP and CFO on October 6, 2026, succeeding interim CFO Aaron Johnson.
Base salary of $550,000, with an annual bonus targeted at 90% of base salary, prorated for fiscal 2027.
$700,000 retention bonus payable in two equal installments within 45 and 85 days of his start date.
Equity grants of $1,750,000 in time-based RSUs and $2,550,000 in relative TSR-based PSUs (0% to 200% of target).
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From Penguin Solutions, Inc.'s 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2026
$1.73B
+26.5%
$2.60
+828.6%
10.4%
FY2025
$1.37B
+16.9%
$0.28
—
1.9%
FY2024
$1.17B
-18.8%
$-1.00
—
-4.5%
FY2023
$1.44B
+3.3%
$-3.65
-399.2%
-13.0%
FY2022
$1.40B
+32.2%
$1.22
+177.3%
4.8%
Frequently asked questions
When is Penguin Solutions's next earnings date?
Penguin Solutions has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Penguin Solutions earn last quarter?
For the quarter ended Aug 2026, Penguin Solutions reported diluted EPS of $1.31 (+1210.0% year over year) on revenue of $566.68M (+67.7%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.