Craft

Penguin Solutions

Stock Price

$15.9

2024-10-29

Market Capitalization

$1.1 B

2024-10-29

Revenue

$1.4 B

FY, 2025

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 three 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
Fremont, CA, US | view all locations
Website
https://www.penguinsolutions.com/en-us
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Michael Wellman

    Michael Wellman, Chief Human Resources Officer

  • Anne Kuykendall

    Anne Kuykendall, Senior Vice President and Chief Legal Officer

  • Penelope Herscher

    Penelope Herscher, Chair of the Board

  • Satya Iyer

    Satya Iyer, Senior Vice President and General Manager, Integrated Memory

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

14 locations detected

  • Fremont, CA HQ

    United States

    45800 Northport Loop W

  • Irvine, CA

    United States

    15635 Alton Pkwy

  • Maynard, MA

    United States

    5 Mill And Main Pl

  • Milpitas, CA

    United States

    1390 McCarthy Blvd.

  • Newark, CA

    United States

    39870 Eureka Dr

  • Tempe, AZ

    United States

    2900 S Diablo Way #190

and 8 others

Penguin Solutions Financials

Summary Financials

Revenue (Q2, 2026)
$343.0M
Gross profit (Q2, 2026)
$93.7M
Net income (Q2, 2026)
$38.5M
Cash (Q2, 2026)
$489.2M
EBIT (Q2, 2026)
$25.7M
Enterprise value
$1.1B

Footer menu