v3.26.3
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Aug. 28, 2026
Aug. 29, 2025
Aug. 30, 2024
Total net sales $ 1,731,468 $ 1,368,794 $ 1,170,796
Total cost of sales 1,252,543 974,520 830,020
Gross profit 478,925 394,274 340,776
Operating expenses:      
Research and development 81,677 79,801 81,537
Selling, general and administrative 220,412 238,177 233,880
Impairment of goodwill 0 16,063 0
Other operating expense 11,240 2,098 7,064
Total operating expenses 313,329 336,139 322,481
Operating income 165,596 58,135 18,295
Non-operating (income) expense:      
Interest expense, net 438 7,305 28,378
Other non-operating (income) expense 13,235 1,929 21,084
Total non-operating (income) expense 13,673 9,234 49,462
Income (loss) before taxes 151,923 48,901 (31,167)
Income tax (benefit) provision (33,865) 20,066 10,618
Net income (loss) from continuing operations 185,788 28,835 (41,785)
Net loss from discontinued operations 0 0 (8,148)
Net income (loss) 185,788 28,835 (49,933)
Net income attributable to noncontrolling interest 5,173 3,444 2,539
Net income (loss) attributable to Penguin Solutions 180,615 25,391 (52,472)
Preferred stock dividends 12,133 8,667 0
Income available for distribution 168,482 16,724 (52,472)
Income allocated to participating securities 17,394 1,263 0
Net income (loss) available to common stockholders, basic 151,088 15,461 (52,472)
Net income available to common stockholders, diluted $ 151,088 $ 15,461 $ (52,472)
Basic earnings (loss) per share of common stock:      
Continuing, basic (in usd per share) $ 2.85 $ 0.29 $ (0.85)
Discontinued, basic (in usd per share) 0 0 (0.15)
Basic (in usd per share) 2.85 0.29 (1.00)
Diluted earnings (loss) per share of common stock:      
Continuing, diluted (in usd per share) 2.60 0.28 (0.85)
Discontinued, diluted (in usd per share) 0 0 (0.15)
Diluted (in usd per share) $ 2.60 $ 0.28 $ (1.00)
Common stock used in per share calculations:      
Basic (in shares) 52,952 53,154 52,428
Diluted (in shares) 58,825 54,368 52,428
Products      
Total net sales $ 1,480,932 $ 1,104,557 $ 925,827
Total cost of sales 1,136,695 863,136 722,634
Services      
Total net sales 250,536 264,237 244,969
Total cost of sales $ 115,848 $ 111,384 $ 107,386