Craft

Penguin Solutions

Stock Price

$15.9

2024-10-29

Market Capitalization

$1.1 B

2024-10-29

Revenue

$1.2 B

FY, 2024

Penguin Solutions Summary

Company Summary

Overview
Penguin Solutions (formerly known as SMART Global Holdings, SGH) is a technology company that specializes in the computing, memory, and LED markets. It operates through segments: Advanced Computing, Integrated Memory, and Optimized LED. The Advanced Computing segment offers integrated computing platforms and services for AI, accelerated computing, machine learning, and the Internet of Things. The Integrated Memory segment enables computing solutions through the design, development, and advanced packaging of specialty memory and storage solutions. The Optimized LED segment provides application-optimized LEDs focused on lumen density, intensity, efficacy, optical control, and reliability.
Type
Public
Status
Active
Founded
1988
HQ
Milpitas, CA, US | view all locations
Website
https://www.penguinsolutions.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Mark W. Adams

    Mark W. Adams, President and Chief Executive Officer, Director

  • Jack Pacheco

    Jack Pacheco, Chief Operating Officer and President of Integrated Memory

  • Michael Wellman

    Michael Wellman, Chief Human Resources Officer

  • Anne Kuykendall

    Anne Kuykendall, Senior Vice President and Chief Legal Officer

Operating MetricsView all

Logistics Centers

1

FY, 2023

R&D Facilities

9
10.0%

FY, 2023

Sales Facilities

9
10.0%

FY, 2023

LocationsView all

13 locations detected

  • Milpitas, CA HQ

    United States

    1390 McCarthy Blvd.

  • Irvine, CA

    United States

    15635 Alton Pkwy

  • Maynard, MA

    United States

    5 Mill And Main Pl

  • Newark, CA

    United States

    39870 Eureka Dr

  • Tempe, AZ

    United States

    2900 S Diablo Way #190

  • Durham, NC

    United States

and 7 others

Penguin Solutions Financials

Summary Financials

Revenue (Q1, 2025)
$341.1M
Gross profit (Q1, 2025)
$97.8M
Net income (Q1, 2025)
$6.0M
Cash (Q1, 2025)
$370.3M
EBIT (Q1, 2025)
$17.4M
Enterprise value
$1.5B

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