Consolidated Statements of Stockholders’ Equity - USD ($)
shares in Thousands, $ in Thousands |
Total |
Total Penguin Solutions Stockholders’ Equity |
Common Stock |
Preferred Stock |
Additional Paid-in-capital |
Retained Earnings |
Treasury Stock |
Accumulated Other Comprehensive Income (Loss) |
Non- controlling Interest in Subsidiary |
| Beginning balance (in shares) at Aug. 30, 2024 |
|
|
60,226
|
0
|
|
|
|
|
|
| Beginning balance at Aug. 30, 2024 |
$ 399,208
|
$ 391,381
|
$ 1,807
|
$ 0
|
$ 513,335
|
$ 29,985
|
$ (153,756)
|
$ 10
|
$ 7,827
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net income |
5,964
|
5,217
|
|
|
|
5,217
|
|
|
747
|
| Other comprehensive (loss) income |
9
|
9
|
|
|
|
|
|
9
|
|
| Shares issued under equity plans (in shares) |
|
|
841
|
|
|
|
|
|
|
| Stock issued under equity plans |
3,360
|
3,360
|
$ 25
|
|
3,335
|
|
|
|
|
| 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
|
400,375
|
$ 1,832
|
$ 0
|
528,201
|
35,202
|
(164,879)
|
19
|
8,574
|
| Beginning balance (in shares) at Aug. 30, 2024 |
|
|
60,226
|
0
|
|
|
|
|
|
| Beginning balance at Aug. 30, 2024 |
399,208
|
391,381
|
$ 1,807
|
$ 0
|
513,335
|
29,985
|
(153,756)
|
10
|
7,827
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net income |
18,285
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at May. 30, 2025 |
|
|
62,306
|
200
|
|
|
|
|
|
| Ending balance at May. 30, 2025 |
594,923
|
584,771
|
$ 1,869
|
$ 6
|
745,557
|
40,312
|
(202,996)
|
23
|
10,152
|
| Beginning balance (in shares) at Nov. 29, 2024 |
|
|
61,067
|
0
|
|
|
|
|
|
| Beginning balance at Nov. 29, 2024 |
408,949
|
400,375
|
$ 1,832
|
$ 0
|
528,201
|
35,202
|
(164,879)
|
19
|
8,574
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net income |
8,871
|
8,082
|
|
|
|
8,082
|
|
|
789
|
| Other comprehensive (loss) income |
(2)
|
(2)
|
|
|
|
|
|
(2)
|
|
| Shares issued under equity plans (in shares) |
|
|
553
|
|
|
|
|
|
|
| Stock issued under equity plans |
382
|
382
|
$ 17
|
|
365
|
|
|
|
|
| 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
|
191,183
|
|
$ 6
|
191,177
|
|
|
|
|
| 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
|
602,528
|
$ 1,849
|
$ 6
|
731,323
|
40,684
|
(171,351)
|
17
|
9,363
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net income |
3,450
|
2,661
|
|
|
|
2,661
|
|
|
789
|
| Other comprehensive (loss) income |
6
|
6
|
|
|
|
|
|
6
|
|
| Shares issued under equity plans (in shares) |
|
|
686
|
|
|
|
|
|
|
| Stock issued under equity plans |
4,003
|
4,003
|
$ 20
|
|
3,983
|
|
|
|
|
| Repurchase of shares |
(31,645)
|
(31,645)
|
|
|
|
|
(31,645)
|
|
|
| Stock-based compensation expense |
10,251
|
10,251
|
|
|
10,251
|
|
|
|
|
| Preferred share dividends |
(3,033)
|
(3,033)
|
|
|
|
(3,033)
|
|
|
|
| Ending balance (in shares) at May. 30, 2025 |
|
|
62,306
|
200
|
|
|
|
|
|
| Ending balance at May. 30, 2025 |
$ 594,923
|
584,771
|
$ 1,869
|
$ 6
|
745,557
|
40,312
|
(202,996)
|
23
|
10,152
|
| Beginning balance (in shares) at Aug. 29, 2025 |
52,738
|
|
62,756
|
|
|
|
|
|
|
| Beginning balance at Aug. 29, 2025 |
$ 405,517
|
394,246
|
$ 1,883
|
|
551,712
|
46,709
|
(206,076)
|
18
|
11,271
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net income |
6,055
|
5,270
|
|
|
|
5,270
|
|
|
785
|
| Other comprehensive (loss) income |
(5)
|
(5)
|
|
|
|
|
|
(5)
|
|
| Shares issued under equity plans (in shares) |
|
|
849
|
|
|
|
|
|
|
| Stock issued under equity plans |
3,338
|
3,338
|
$ 25
|
|
3,313
|
|
|
|
|
| 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
|
389,703
|
$ 1,908
|
|
565,105
|
48,946
|
(226,269)
|
13
|
12,056
|
| Beginning balance (in shares) at Aug. 29, 2025 |
52,738
|
|
62,756
|
|
|
|
|
|
|
| Beginning balance at Aug. 29, 2025 |
$ 405,517
|
394,246
|
$ 1,883
|
|
551,712
|
46,709
|
(206,076)
|
18
|
11,271
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net income |
$ 90,779
|
|
|
|
|
|
|
|
|
| Ending balance (in shares) at May. 29, 2026 |
51,240
|
|
64,804
|
|
|
|
|
|
|
| Ending balance at May. 29, 2026 |
$ 453,700
|
439,061
|
$ 1,944
|
|
587,047
|
125,021
|
(274,962)
|
11
|
14,639
|
| Beginning balance (in shares) at Nov. 28, 2025 |
|
|
63,605
|
|
|
|
|
|
|
| Beginning balance at Nov. 28, 2025 |
401,759
|
389,703
|
$ 1,908
|
|
565,105
|
48,946
|
(226,269)
|
13
|
12,056
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net income |
38,541
|
37,452
|
|
|
|
37,452
|
|
|
1,089
|
| Other comprehensive (loss) income |
1
|
1
|
|
|
|
|
|
1
|
|
| Shares issued under equity plans (in shares) |
|
|
594
|
|
|
|
|
|
|
| Stock issued under equity plans |
2,513
|
2,513
|
$ 18
|
|
2,495
|
|
|
|
|
| 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 |
|
|
64,199
|
|
|
|
|
|
|
| Ending balance at Feb. 27, 2026 |
407,959
|
394,814
|
$ 1,926
|
|
572,719
|
83,365
|
(263,210)
|
14
|
13,145
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Net income |
46,183
|
44,689
|
|
|
|
44,689
|
|
|
1,494
|
| Other comprehensive (loss) income |
(3)
|
(3)
|
|
|
|
|
|
(3)
|
|
| Shares issued under equity plans (in shares) |
|
|
605
|
|
|
|
|
|
|
| Stock issued under equity plans |
4,350
|
4,350
|
$ 18
|
|
4,332
|
|
|
|
|
| Repurchase of shares |
(11,752)
|
(11,752)
|
|
|
|
|
(11,752)
|
|
|
| Stock-based compensation expense |
9,996
|
9,996
|
|
|
9,996
|
|
|
|
|
| Preferred share dividends |
$ (3,033)
|
(3,033)
|
|
|
|
(3,033)
|
|
|
|
| Ending balance (in shares) at May. 29, 2026 |
51,240
|
|
64,804
|
|
|
|
|
|
|
| Ending balance at May. 29, 2026 |
$ 453,700
|
$ 439,061
|
$ 1,944
|
|
$ 587,047
|
$ 125,021
|
$ (274,962)
|
$ 11
|
$ 14,639
|