v3.26.1
Consolidated Statements of Stockholders’ Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Preferred Stock
Additional Paid-in-capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Total Penguin Solutions Stockholders’ Equity
Non- controlling Interest in Subsidiary
Beginning balance (in shares) at Aug. 30, 2024   60,226 0            
Beginning balance at Aug. 30, 2024 $ 399,208 $ 1,807 $ 0 $ 513,335 $ 29,985 $ (153,756) $ 10 $ 391,381 $ 7,827
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 5,964       5,217     5,217 747
Other comprehensive income (loss) 9           9 9  
Shares issued under equity plans (in shares)   841              
Stock issued under equity plans 3,360 $ 25   3,335       3,360  
Repurchase of shares (11,123)         (11,123)   (11,123)  
Stock-based compensation expense 11,531     11,531       11,531  
Ending balance (in shares) at Nov. 29, 2024   61,067 0            
Ending balance at Nov. 29, 2024 408,949 $ 1,832 $ 0 528,201 35,202 (164,879) 19 400,375 8,574
Beginning balance (in shares) at Aug. 30, 2024   60,226 0            
Beginning balance at Aug. 30, 2024 399,208 $ 1,807 $ 0 513,335 29,985 (153,756) 10 391,381 7,827
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 14,835                
Ending balance (in shares) at Feb. 28, 2025   61,620 200            
Ending balance at Feb. 28, 2025 611,891 $ 1,849 $ 6 731,323 40,684 (171,351) 17 602,528 9,363
Beginning balance (in shares) at Nov. 29, 2024   61,067 0            
Beginning balance at Nov. 29, 2024 408,949 $ 1,832 $ 0 528,201 35,202 (164,879) 19 400,375 8,574
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 8,871       8,082     8,082 789
Other comprehensive income (loss) (2)           (2) (2)  
Shares issued under equity plans (in shares)   553              
Stock issued under equity plans 382 $ 17   365       382  
Repurchase of shares (6,472)         (6,472)   (6,472)  
Stock-based compensation expense 11,580     11,580       11,580  
Issuance of preferred shares (in shares)     200            
Issuance of preferred shares 191,183   $ 6 191,177       191,183  
Preferred share dividends (2,600)       (2,600)     (2,600)  
Ending balance (in shares) at Feb. 28, 2025   61,620 200            
Ending balance at Feb. 28, 2025 $ 611,891 $ 1,849 $ 6 731,323 40,684 (171,351) 17 602,528 9,363
Beginning balance (in shares) at Aug. 29, 2025 52,738 62,756              
Beginning balance at Aug. 29, 2025 $ 405,517 $ 1,883   551,712 46,709 (206,076) 18 394,246 11,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 6,055       5,270     5,270 785
Other comprehensive income (loss) (5)           (5) (5)  
Shares issued under equity plans (in shares)   849              
Stock issued under equity plans 3,338 $ 25   3,313       3,338  
Repurchase of shares (20,193)         (20,193)   (20,193)  
Stock-based compensation expense 10,080     10,080       10,080  
Preferred share dividends (3,033)       (3,033)     (3,033)  
Ending balance (in shares) at Nov. 28, 2025   63,605              
Ending balance at Nov. 28, 2025 $ 401,759 $ 1,908   565,105 48,946 (226,269) 13 389,703 12,056
Beginning balance (in shares) at Aug. 29, 2025 52,738 62,756              
Beginning balance at Aug. 29, 2025 $ 405,517 $ 1,883   551,712 46,709 (206,076) 18 394,246 11,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income $ 44,596                
Ending balance (in shares) at Feb. 27, 2026 51,213 64,199              
Ending balance at Feb. 27, 2026 $ 407,959 $ 1,926   572,719 83,365 (263,210) 14 394,814 13,145
Beginning balance (in shares) at Nov. 28, 2025   63,605              
Beginning balance at Nov. 28, 2025 401,759 $ 1,908   565,105 48,946 (226,269) 13 389,703 12,056
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 38,541       37,452     37,452 1,089
Other comprehensive income (loss) 1           1 1  
Shares issued under equity plans (in shares)   594              
Stock issued under equity plans 2,513 $ 18   2,495       2,513  
Repurchase of shares (36,941)         (36,941)   (36,941)  
Stock-based compensation expense 5,119     5,119       5,119  
Preferred share dividends $ (3,033)       (3,033)     (3,033)  
Ending balance (in shares) at Feb. 27, 2026 51,213 64,199              
Ending balance at Feb. 27, 2026 $ 407,959 $ 1,926   $ 572,719 $ 83,365 $ (263,210) $ 14 $ 394,814 $ 13,145