Penguin Solutions posts record Q4 FY26 results and lifts FY27 outlook

Penguin Solutions reported Q4 FY26 net sales of $567 million, up 68% year‑over‑year, and diluted EPS of $1.00, a 133% increase. AI‑driven businesses made up 78% of revenue and grew 141% YoY. The company raised its fiscal 2027 guidance, forecasting roughly 40% net‑sales growth and 55% EPS growth, and completed a $750 million convertible note offering, ending the quarter with $647 million in cash.

The company’s upgraded FY27 outlook signals substantially higher growth expectations, which could lift the stock’s valuation as investors price in faster revenue and earnings expansion.

  • 1Q4 FY26 net sales were $567 million, up 68% YoY.
  • 2Diluted EPS for Q4 FY26 was $1.00, up 133% YoY.
  • 3AI‑driven businesses accounted for 78% of Q4 revenue and grew 141% YoY.
  • 4Full‑year FY26 net sales were $1.73 billion, up 26% YoY, with EPS of $2.87, up 51% YoY.
  • 5Penguin raised its FY27 outlook, expecting about 40% net‑sales growth and 55% EPS growth.
  • 6The company completed a $750 million convertible note offering and ended Q4 with $647 million in cash.

Sources