For the quarter ending 2026-02-27, PENG had $27,721K increase in cash & cash equivalents over the period. $53,349K in free cash flow.
| Cash Flow | 2026-02-27 | 2025-11-28 | 2025-08-29 |
|---|---|---|---|
| Net income (loss) from continuing operations | - | - | 28,835 |
| Net income (loss) | 38,541 | 6,055 | - |
| Depreciation expense and amortization of intangible assets | 12,751 | 12,819 | 56,216 |
| Amortization of debt issuance costs | 658 | 658 | 3,493 |
| Stock-based compensation expense | 5,119 | 10,080 | 41,176 |
| Impairment of goodwill | 0 | - | 16,063 |
| Change in fair value of contingent consideration | - | - | 0 |
| Loss on impairment of non-marketable equity investment | 0 | -10,000 | - |
| Loss on extinguishment debt | - | - | -2,908 |
| Gain on disposition of equity investment | 27,036 | - | - |
| Deferred income taxes, net | 55 | -85 | 14,112 |
| Other | 1,226 | -2,129 | 2,293 |
| Accounts receivable | 28,641 | 34,064 | 56,160 |
| Inventories | 109,155 | -41,977 | 101,610 |
| Other assets | 1,933 | 876 | -7,653 |
| Accounts payable and accrued expenses and other liabilities | 165,929 | -17,805 | 131,014 |
| Payment of acquisition-related contingent consideration | - | - | 0 |
| Net cash provided by operating activities from continuing operations | - | - | 113,183 |
| Net cash used for operating activities from discontinued operations | - | - | -4,099 |
| Net cash provided by operating activities | 54,952 | 31,058 | 109,084 |
| Capital expenditures and deposits on equipment | 1,603 | 2,853 | 9,012 |
| Proceeds from sales and maturities of investment securities | 0 | 0 | 66,361 |
| Purchases of held-to-maturity investment securities | 0 | 0 | 59,066 |
| Purchases of non-marketable investments | - | - | 0 |
| Acquisition of business, net of cash acquired | - | - | 0 |
| Proceeds from disposition of equity investments | 32,186 | - | - |
| Other | 319 | 521 | 1,660 |
| Net cash used for investing activities from continuing operations | - | - | -3,377 |
| Net cash provided by investing activities from discontinued operations | - | - | 28,350 |
| Net cash provided by (used for) investing activities | 30,264 | -3,374 | 24,973 |
| Proceeds from issuance of preferred shares, net of 8,818 paid issuance costs | 0 | - | - |
| Repayments of debt | 20,000 | - | 300,015 |
| Payment of premium in connection with convertible note exchange | - | - | 0 |
| Payments to acquire common stock | 36,941 | 20,193 | 52,320 |
| Payment of preferred stock cash dividends | 3,067 | 3,133 | 7,860 |
| Proceeds from issuance of convertible preferred stock, net of issuance costs | - | - | 191,182 |
| Proceeds from borrowing under line of credit | - | - | 100,000 |
| Payment of acquisition-related contingent consideration | - | - | 0 |
| Fees paid for revolving line of credit financing | - | - | 3,255 |
| Net cash paid for settlement and purchase of capped calls | - | - | 0 |
| Other | - | - | 0 |
| Distribution to noncontrolling interest | - | - | 0 |
| Net cash provided by (used for) financing activities from continuing operations | - | - | -63,464 |
| Proceeds from debt | - | - | 0 |
| Net cash used for financing activities from discontinued operations | - | - | 0 |
| Proceeds from issuance of common stock | 2,513 | 3,339 | 8,804 |
| Net cash (used for) provided by financing activities | -57,495 | -19,987 | -63,464 |
| Effect of changes in currency exchange rates | - | - | 0 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 27,721 | 7,697 | 70,593 |
| Cash, cash equivalents and restricted cash at beginning of period | 461,767 | 454,070 | 383,477 |
| Cash, cash equivalents and restricted cash at end of period | 489,488 | 461,767 | 454,070 |
Penguin Solutions, Inc. (PENG)
Penguin Solutions, Inc. (PENG)