Penguin Solutions Files Q3 2025 10-Q

Ticker: PENG · Form: 10-Q · Filed: 2025-07-08T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, semiconductors

TL;DR

Penguin Solutions (fka SMART Global) dropped its Q3 '25 10-Q. Check financials for product/service segments.

AI Summary

Penguin Solutions, Inc. filed its 10-Q for the period ending May 30, 2025. The company, formerly known as SMART Global Holdings, Inc., reported financial results for its third fiscal quarter of 2025. The filing details financial performance across its product and service segments.

Why It Matters

This filing provides investors with the latest financial performance data for Penguin Solutions, Inc., crucial for understanding the company's current health and future prospects in the semiconductor industry.

Risk Assessment

Risk Level: medium — The filing is a standard quarterly report, but the semiconductor industry can be volatile, introducing inherent risks.

Key Numbers

2025-05-30 — Fiscal Period End (Indicates the end date of the financial reporting period.)
2025-07-08 — Filing Date (Shows when the report was officially submitted to the SEC.)

Key Players & Entities

Penguin Solutions, Inc. (company) — Filer of the 10-Q
SMART Global Holdings, Inc. (company) — Former name of Penguin Solutions, Inc.
20250530 (date) — End of the reporting period
20250708 (date) — Filing date

FAQ

What were the specific revenue figures for the product and service segments in Q3 2025?

The filing indicates reporting periods for product and service segments, but specific dollar amounts for Q3 2025 are not detailed in the provided header information.

What is the company's fiscal year end?

The company's fiscal year ends on August 30th (0830).

Where is Penguin Solutions, Inc. headquartered?

The company's business address is 1390 McCarthy Blvd, Milpitas, CA 95035.

What is the Standard Industrial Classification (SIC) code for Penguin Solutions, Inc.?

The SIC code is 3674, which corresponds to SEMICONDUCTORS & RELATED DEVICES.

When did the company change its name from SMART Global Holdings, Inc.?

The date of the name change was August 13, 2014 (20140813).

From the Filing

0001628280-25-034541.txt : 20250708 0001628280-25-034541.hdr.sgml : 20250708 20250708171748 ACCESSION NUMBER: 0001628280-25-034541 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 113 CONFORMED PERIOD OF REPORT: 20250530 FILED AS OF DATE: 20250708 DATE AS OF CHANGE: 20250708 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Penguin Solutions, Inc. CENTRAL INDEX KEY: 0001616533 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 365142687 STATE OF INCORPORATION: DE FISCAL YEAR END: 0830 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38102 FILM NUMBER: 251111718 BUSINESS ADDRESS: STREET 1: 1390 MCCARTHY BLVD CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: (510) 623-1231 MAIL ADDRESS: STREET 1: 1390 MCCARTHY BLVD CITY: MILPITAS STATE: CA ZIP: 95035 FORMER COMPANY: FORMER CONFORMED NAME: SMART Global Holdings, Inc. DATE OF NAME CHANGE: 20140813 10-Q 1 sgh-20250530.htm 10-Q sgh-20250530 0001616533 2025 Q3 false 8/29 P2Y 163 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure sgh:tradingDay sgh:day sgh:exerciseWindow sgh:director sgh:segment 0001616533 2024-08-31 2025-05-30 0001616533 2025-07-03 0001616533 2025-05-30 0001616533 2024-08-30 0001616533 us-gaap:ProductMember 2025-03-01 2025-05-30 0001616533 us-gaap:ProductMember 2024-03-02 2024-05-31 0001616533 us-gaap:ProductMember 2024-08-31 2025-05-30 0001616533 us-gaap:ProductMember 2023-08-26 2024-05-31 0001616533 us-gaap:ServiceMember 2025-03-01 2025-05-30 0001616533 us-gaap:ServiceMember 2024-03-02 2024-05-31 0001616533 us-gaap:ServiceMember 2024-08-31 2025-05-30 0001616533 us-gaap:ServiceMember 2023-08-26 2024-05-31 0001616533 2025-03-01 2025-05-30 0001616533 2024-03-02 2024-05-31 0001616533 2023-08-26 2024-05-31 0001616533 us-gaap:CommonStockMember 2024-08-30 0001616533 us-gaap:PreferredStockMember 2024-08-30 0001616533 us-gaap:AdditionalPaidInCapitalMember 2024-08-30 0001616533 us-gaap:RetainedEarningsMember 2024-08-30 0001616533 us-gaap:TreasuryStockCommonMember 2024-08-30 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-30 0001616533 us-gaap:ParentMember 2024-08-30 0001616533 us-gaap:NoncontrollingInterestMember 2024-08-30 0001616533 us-gaap:RetainedEarningsMember 2024-08-31 2024-11-29 0001616533 us-gaap:ParentMember 2024-08-31 2024-11-29 0001616533 us-gaap:NoncontrollingInterestMember 2024-08-31 2024-11-29 0001616533 2024-08-31 2024-11-29 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-31 2024-11-29 0001616533 us-gaap:CommonStockMember 2024-08-31 2024-11-29 0001616533 us-gaap:AdditionalPaidInCapitalMember 2024-08-31 2024-11-29 0001616533 us-gaap:TreasuryStockCommonMember 2024-08-31 2024-11-29 0001616533 us-gaap:CommonStockMember 2024-11-29 0001616533 us-gaap:PreferredStockMember 2024-11-29 0001616533 us-gaap:AdditionalPaidInCapitalMember 2024-11-29 0001616533 us-gaap:RetainedEarningsMember 2024-11-29 0001616533 us-gaap:TreasuryStockCommonMember 2024-11-29 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-11-29 0001616533 us-gaap:ParentMember 2024-11-29 0001616533 us-gaap:NoncontrollingInterestMember 2024-11-29 0001616533 2024-11-29 0001616533 us-gaap:RetainedEarningsMember 2024-11-30 2025-02-28 0001616533 us-gaap:ParentMember 2024-11-30 2025-02-28 0001616533 us-gaap:NoncontrollingInterestMember 2024-11-30 2025-02-28 0001616533 2024-11-30 2025-02-28 0001616533 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-11-30 2025-02-28 0001616533 us-gaap:CommonStockMember 2024-11-30 2025-02-28 0001616533 us-gaap:AdditionalPaidInCapitalMember 2024-11-30 2025-02-28 0001616533 us-gaap:TreasuryStockCommonMember 2024-11-30 2025-02-28 0001616533 us-gaap:PreferredStockMember 2024-11-30 2025-02-28 0001616533 us-gaap:CommonStockMember 2025-02-28 0001616533 us-gaap:PreferredStockMember 2025-02-28 0001616533 us-gaap:AdditionalPaidInCapitalMember 2025-02-28 0001616533 us-gaap:RetainedEarningsMember 2025-02-28 0001616533 us-gaap:Treasur