← Penguin Solutions, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||
| Current assets: | ||||||||||
| Cash and Cash Equivalents, at Carrying Value | $22.4m | $31.4m | $98.1m | $150.8m | $223.0m | $363.1m | $365.6m | $383.1m | $453.8m | |
| Prepaid Expense and Other Assets, Current | $14.1m | $32.0m | $38.0m | $27.0m | — | — | — | — | — | |
| Short-term Investments | $950k | $3.9m | $3.8m | $341k | $550k | $0 | $25.3m | $6.3m | $0 | |
| Inventory, Net | $127.1m | $221.4m | $118.7m | $163.0m | $363.6m | $323.1m | $175.0m | $151.2m | $255.2m | |
| Assets, Current | $347.0m | $522.0m | $472.3m | $556.7m | $950.8m | $1.2b | $907.4m | $867.7m | $1.1b | |
| Property, Plant and Equipment, Net | $55.2m | $56.6m | $68.3m | $54.7m | $156.3m | $153.9m | $118.7m | $106.5m | $92.6m | |
| Goodwill | $46.0m | $45.4m | $81.4m | $74.0m | $74.3m | $74.0m | $162.0m | $162.0m | $145.9m | |
| Intangible Assets, Net (Excluding Goodwill) | $5.1m | $26.3m | $69.3m | $55.7m | $101.1m | $77.8m | $160.2m | $121.5m | $87.8m | |
| Operating Lease, Right-of-Use Asset | — | $0 | $24.3m | $25.0m | $40.9m | $77.4m | $68.4m | $60.3m | $58.8m | |
| Other Assets, Noncurrent | $26.7m | $22.4m | $12.8m | $20.6m | $21.5m | $37.0m | $15.2m | $71.4m | $68.8m | |
| Additional Financial Items | ||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $183.3m | $237.2m | $217.4m | $215.9m | $313.4m | $410.3m | $219.2m | $251.7m | $307.9m | |
| Accrued Liabilities, Current | $27.3m | $45.2m | $49.0m | $57.8m | — | — | — | — | — | |
| Assets | $480.0m | $672.8m | $704.1m | $786.6m | $1.3b | $1.6b | $1.5b | $1.5b | $1.6b | |
| LIABILITIES AND EQUITY | ||||||||||
| Current liabilities: | ||||||||||
| Operating Lease, Liability, Current | — | — | — | $5.3m | — | — | — | — | — | |
| Accounts Payable, Current | $189.7m | $223.2m | $164.9m | $224.7m | $429.6m | $345.1m | $135.0m | $182.0m | $267.5m | |
| Operating Lease, Liability, Noncurrent | — | $43k | $2.7m | $20.8m | $32.4m | $71.8m | $66.4m | $60.5m | $62.7m | |
| Long-term Debt, Excluding Current Maturities | $154.4m | $184.2m | $182.4m | $195.6m | $340.5m | $591.4m | $754.8m | $657.3m | $441.9m | |
| Deferred Revenue, Current | — | — | — | — | — | $30.8m | $48.1m | $64.0m | $73.9m | |
| Dividends Payable | — | — | — | — | — | — | — | — | $500k | |
| Long-term Debt, Current Maturities | $22.8m | $27.4m | $24.1m | — | $25.4m | $12.0m | $35.6m | $0 | $19.9m | |
| Liabilities, Current | $239.9m | $295.8m | $237.9m | $282.5m | $583.8m | $515.5m | $426.2m | $327.6m | $473.9m | |
| Other Liabilities, Noncurrent | $1.9m | $5.7m | $10.3m | $5.6m | $8.7m | $14.8m | $29.2m | $29.8m | $30.4m | |
| Deferred Tax Liabilities, Net | — | — | — | — | — | — | $791k | $4.5m | $307k | |
| Liabilities | $397.6m | $485.6m | $430.7m | $504.5m | $1.0b | $1.2b | $1.3b | $1.1b | $1.0b | |
| Stockholders’ equity: | ||||||||||
| Common Stock, Value, Issued | $653k | $678k | $712k | $737k | $773k | $1.6m | $1.7m | $1.8m | $1.9m | |
| Additional Paid in Capital | $232.2m | $250.2m | $286.0m | $346.1m | $396.9m | $448.1m | $476.7m | $513.3m | $551.7m | |
| Retained Earnings (Accumulated Deficit) | ($7.2m) | $112.3m | $164.6m | $163.5m | $184.8m | $251.3m | $82.5m | $30.0m | $46.7m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($143.2m) | ($176.0m) | ($177.9m) | ($228.2m) | ($221.6m) | ($221.7m) | ($206.0m) | $10k | $18k | |
| Additional Paid in Capital, Common Stock | $232.2m | $250.2m | $286.0m | $346.1m | $396.9m | $448.1m | $476.7m | $513.3m | $551.7m | |
| Stockholders' Equity Attributable to Parent | $82.4m | $187.1m | $273.5m | $282.1m | $310.3m | $371.6m | $222.5m | $391.4m | $394.2m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | $8.7m | $6.9m | $6.8m | $7.8m | $11.3m | |
| Liabilities and Equity | $480.0m | $672.8m | $704.1m | $786.6m | $1.3b | $1.6b | $1.5b | $1.5b | $1.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.