Penguin Solutions reported fourth-quarter fiscal 2026 net sales of $567 million, a 68% increase year over year, driven by strong demand for its AI infrastructure platform. The company posted record diluted earnings per share of $1.29 and non-GAAP diluted EPS of $1.00. Additionally, Penguin Solutions raised its full-year fiscal 2027 net sales guidance to approximately $2.43 billion at the midpoint, reflecting accelerating growth in its AI business. The firm also closed a $750 million convertible senior notes offering due 2031 with zero percent coupon terms.
Penguin Solutions designs, builds, and manages next-generation data centers for enterprises and neocloud providers.
