Penguin Solutions, Inc. (PENG) Balance Sheet
PENG balance sheet, FY2026
August 31, 2026 · U.S. dollars$2.78B assets = $2.04B liabilities + $739.9M equity
Both columns are drawn to the same scale: what PENG owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PENG financial health
Current ratio1.88
Comfortable · current assets cover current liabilities 1.88×
Debt / equity1.17
Moderate leverage · $1.17 of debt for each $1 of equity
Equity / assets26.0%
Balanced · of assets funded by shareholders
Cash / debt76.4%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles7.4%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
PENG balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $480.0MFY2017 | $2.78BFY2026 | +21.5%/yr | |
| Total liabilities | $397.6MFY2017 | $2.04BFY2026 | +19.9%/yr | |
| Shareholders’ equity | $82.4MFY2017 | $723.5MFY2026 | +27.3%/yr | |
| Cash & short-term investments | $22.4MFY2017 | $647.2MFY2026 | +45.3%/yr | |
| Total debt | $177.3MFY2017 | $846.8MFY2026 | +19.0%/yr | |
| Net cash (debt) | −$154.9MFY2017 | −$199.6MFY2026 | −$44.8M | |
| Working capital | $107.1MFY2017 | $1.05BFY2026 | +$945.4M | |
| Book value per share | $2.61FY2017 | $12.30FY2026 | +18.8%/yr | |
| Current ratio | 1.45FY2017 | 1.88FY2026 | +0.43 | |
| Debt / equity | 2.15FY2017 | 1.17FY2026 | −0.98 | |
| Shares outstanding | 31.6MFY2017 | 58.8MFY2026 | +7.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PENG assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
PENG liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
PENG debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PENG balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $647.2M | $453.8M | $389.5M | $390.8M | $313.3M | $223.0M | $150.8M | $98.1M | $31.4M | $22.4M |
| Cash & equivalents | $647.2M | $453.8M | $383.1M | $365.6M | $313.3M | $223.0M | $150.8M | $98.1M | $31.4M | $22.4M |
| Short-term investments | — | $0 | $6.3M | $25.3M | $0 | — | — | — | — | — |
| Receivables | $796.3M | $307.9M | $251.7M | $219.2M | $356.3M | $317.6M | $221.0M | $231.7M | $242.6M | $187.6M |
| Inventory | $748.8M | $255.2M | $151.2M | $175.0M | $263.8M | $363.6M | $163.0M | $118.7M | $221.4M | $127.1M |
| Other current assets | $56.2M | $47.4M | $75.3M | $122.4M | $218.4M | $46.6M | $21.9M | $23.7M | $26.7M | $9.8M |
| Total current assets | $2.25B | $1.06B | $867.7M | $907.4M | $1.15B | $950.8M | $556.7M | $472.3M | $522.0M | $347.0M |
| Property, plant & equipment (net) | $138.5M | $151.4M | $166.9M | $187.2M | $168.5M | $197.1M | $79.7M | $68.3M | $56.6M | $55.2M |
| Goodwill & intangible assets | $205.8M | $233.6M | $283.4M | $322.1M | $132.9M | $175.3M | $129.6M | $150.7M | $71.6M | $51.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $185.4M | $167.9M | $156.5M | $89.2M | $118.7M | $21.5M | $20.6M | $12.8M | $22.4M | $26.7M |
| Total assets | $2.78B | $1.62B | $1.47B | $1.51B | $1.57B | $1.34B | $786.6M | $704.1M | $672.8M | $480.0M |
| Liabilities | ||||||||||
| Accounts payable | $890.5M | $265.8M | $181.6M | $135.0M | $293.2M | $429.6M | $224.7M | $164.9M | $223.2M | $189.7M |
| Short-term debt | $53.4M | $25.7M | $8.0M | $35.6M | $8.5M | $25.4M | $5.3M | $24.1M | $27.4M | $22.8M |
| Deferred revenue | $123.3M | $73.9M | $64.0M | $48.1M | $30.8M | $35.1M | $21.2M | $19.4M | $9.6M | — |
| Total current liabilities | $1.20B | $473.9M | $327.6M | $426.2M | $515.5M | $583.8M | $282.5M | $237.9M | $295.8M | $239.9M |
| Long-term debt | $0 | $441.9M | $657.3M | $754.8M | $575.7M | $340.5M | $195.6M | $0 | $0 | $0 |
| Lease obligations | — | $62.7M | $60.5M | $66.4M | $67.0M | $32.4M | $20.8M | — | — | — |
| Other long-term liabilities | $842.3M | $93.2M | $90.4M | $95.7M | $102.3M | $101.6M | $26.4M | $192.8M | $189.8M | $157.8M |
| Total liabilities | $2.04B | $1.01B | $1.08B | $1.28B | $1.19B | $1.03B | $504.5M | $430.7M | $485.6M | $397.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.2M | $1.9M | $1.8M | $1.7M | $1.6M | $1.5M | $737,000 | $712,000 | $678,000 | $653,000 |
| Retained earnings (deficit) | $215.2M | $46.7M | $30.0M | $82.5M | $251.3M | $184.8M | $163.5M | $164.6M | $112.3M | −$7.2M |
| Accumulated other comprehensive income | $211,000 | $18,000 | $10,000 | −$206.0M | −$221.7M | −$221.6M | −$228.2M | −$177.9M | −$176.0M | −$143.2M |
| Minority interest | — | $11.3M | $7.8M | $6.8M | $6.9M | — | — | — | — | — |
| Total shareholders' equity | $723.5M | $596.0M | $391.4M | $222.5M | $371.6M | $310.3M | $282.1M | $273.5M | $187.1M | $82.4M |
| Key figures | ||||||||||
| Total debt | $846.8M | $733.0M | $725.9M | $856.8M | $651.1M | $398.3M | $221.7M | $206.5M | $211.6M | $177.3M |
| Net cash (debt) | −$199.6M | −$279.3M | −$336.4M | −$466.0M | −$337.8M | −$175.3M | −$70.9M | −$108.4M | −$180.2M | −$154.9M |
| Working capital | $1.05B | $590.3M | $540.1M | $481.2M | $636.3M | $367.0M | $274.2M | $234.4M | $226.3M | $107.1M |
| Tangible book value | $517.7M | $362.3M | $108.0M | −$99.7M | $238.7M | $134.9M | $152.5M | $122.7M | $115.5M | $31.3M |
| Book value per share | $12.30 | $10.96 | $7.47 | $4.33 | $6.83 | $6.01 | $5.88 | $5.83 | $4.05 | $2.61 |
| Shares outstanding | 58.8M | 54.4M | 52.4M | 51.3M | 54.4M | 51.6M | 48.0M | 46.9M | 46.2M | 31.6M |
| Current ratio | 1.88 | 2.25 | 2.65 | 2.13 | 2.23 | 1.63 | 1.97 | 1.99 | 1.76 | 1.45 |
| Quick ratio | 1.21 | 1.61 | 1.96 | 1.43 | 1.30 | 0.93 | 1.32 | 1.39 | 0.93 | 0.88 |
| Debt / equity | 1.17 | 1.23 | 1.85 | 3.85 | 1.75 | 1.28 | 0.79 | 0.76 | 1.13 | 2.15 |
| Equity / assets | 26.0% | 36.9% | 26.5% | 14.8% | 23.6% | 23.1% | 35.9% | 38.8% | 27.8% | 17.2% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $647.2M | $440.3M | $489.2M | $461.5M | $453.8M | $735.5M | $647.0M | $393.7M | $389.5M | $467.5M | $465.8M | $553.4M |
| Cash & equivalents | $647.2M | $440.3M | $489.2M | $461.5M | $453.8M | $709.9M | $621.7M | $370.3M | $383.1M | $453.8M | $442.3M | $529.1M |
| Short-term investments | — | — | — | — | $0 | $25.7M | $25.3M | $23.4M | $6.3M | $13.7M | $23.4M | $24.4M |
| Receivables | $796.3M | $704.3M | $369.9M | $342.0M | $307.9M | $292.5M | $330.4M | $275.6M | $251.7M | $211.8M | $169.7M | $170.6M |
| Inventory | $748.8M | $498.3M | $322.4M | $213.2M | $255.2M | $184.3M | $199.7M | $247.0M | $151.2M | $177.3M | $172.8M | $208.4M |
| Other current assets | $56.2M | $85.9M | $57.0M | $50.4M | $47.4M | $37.5M | $67.6M | $79.3M | $75.3M | $85.6M | $76.5M | $54.4M |
| Total current assets | $2.25B | $1.73B | $1.24B | $1.07B | $1.06B | $1.25B | $1.24B | $995.6M | $867.7M | $942.3M | $884.7M | $986.8M |
| Property, plant & equipment (net) | $138.5M | $140.7M | $143.5M | $147.6M | $151.4M | $155.7M | $153.5M | $158.6M | $166.9M | $169.4M | $172.0M | $177.0M |
| Goodwill & intangible assets | $205.8M | $212.4M | $219.4M | $226.5M | $233.6M | $245.7M | $259.2M | $273.9M | $283.4M | $293.3M | $302.9M | $312.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $185.4M | $109.1M | $148.4M | $157.1M | $167.9M | $151.4M | $153.9M | $155.0M | $156.5M | $141.1M | $157.8M | $154.8M |
| Total assets | $2.78B | $2.19B | $1.75B | $1.60B | $1.62B | $1.80B | $1.81B | $1.58B | $1.47B | $1.55B | $1.52B | $1.63B |
| Liabilities | ||||||||||||
| Accounts payable | $890.5M | $735.9M | $401.5M | $303.7M | $265.8M | $271.3M | $238.2M | $244.3M | $182.0M | $191.8M | $148.0M | $181.8M |
| Short-term debt | $53.4M | $148.4M | — | $20.0M | $25.7M | $19.9M | $22.1M | — | $8.0M | — | — | $28.5M |
| Deferred revenue | $123.3M | $90.4M | $81.6M | $58.8M | $73.9M | $118.8M | $121.6M | $41.3M | $64.0M | $88.7M | $37.2M | $39.1M |
| Total current liabilities | $1.20B | $1.12B | $590.7M | $458.1M | $473.9M | $476.7M | $473.7M | $426.9M | $327.6M | $351.1M | $268.0M | $368.8M |
| Long-term debt | $0 | $294.8M | $442.8M | $442.3M | $441.9M | $639.6M | $638.9M | $658.1M | $657.3M | $667.0M | $740.7M | $748.3M |
| Lease obligations | — | $59.3M | $60.8M | $61.4M | $62.7M | $63.6M | $56.8M | $58.6M | $60.5M | $62.1M | $62.6M | $64.4M |
| Other long-term liabilities | $842.3M | $120.1M | $105.6M | $93.3M | $93.2M | $91.6M | $86.8M | $89.1M | $90.4M | $97.4M | $97.3M | $97.8M |
| Total liabilities | $2.04B | $1.74B | $1.14B | $993.7M | $1.01B | $1.21B | $1.20B | $1.17B | $1.08B | $1.12B | $1.11B | $1.21B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.2M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.8M | $1.8M | $1.8M | $1.8M | $1.8M | $1.8M |
| Retained earnings (deficit) | $215.2M | $125.0M | $83.4M | $48.9M | $46.7M | $40.3M | $40.7M | $35.2M | $30.0M | $54.5M | $48.9M | $62.5M |
| Accumulated other comprehensive income | $211,000 | $11,000 | $14,000 | $13,000 | $18,000 | $23,000 | $17,000 | $19,000 | $10,000 | $17,000 | $106,000 | $303,000 |
| Minority interest | — | $14.6M | $13.1M | $12.1M | $11.3M | $10.2M | — | — | — | — | — | — |
| Total shareholders' equity | $723.5M | $439.1M | $597.5M | $592.4M | $596.0M | $584.8M | $602.5M | $400.4M | $391.4M | $423.4M | $405.0M | $410.2M |
| Key figures | ||||||||||||
| Total debt | $846.8M | $502.5M | $564.3M | $523.7M | $733.0M | $723.1M | $715.6M | $716.7M | $725.9M | $729.1M | $803.2M | $841.2M |
| Net cash (debt) | −$199.6M | −$62.2M | −$75.1M | −$62.3M | −$279.3M | $12.4M | −$68.6M | −$323.0M | −$336.4M | −$261.6M | −$337.5M | −$287.8M |
| Working capital | $1.05B | $609.0M | $647.7M | $608.9M | $590.3M | $773.2M | $771.1M | $568.7M | $540.1M | $591.2M | $616.8M | $618.0M |
| Tangible book value | $517.7M | $226.6M | $378.2M | $365.9M | $362.3M | $339.1M | $343.4M | $126.5M | $108.0M | $130.1M | $102.2M | $97.9M |
| Book value per share | $11.30 | $8.26 | $11.23 | $10.77 | $10.96 | $10.88 | $11.08 | $7.37 | $7.37 | $7.80 | $7.78 | $7.88 |
| Shares outstanding | 64.0M | 53.2M | 53.2M | 55.0M | 54.4M | 53.7M | 54.4M | 54.3M | 53.1M | 54.3M | 52.0M | 52.1M |
| Current ratio | 1.88 | 1.54 | 2.10 | 2.33 | 2.25 | 2.62 | 2.63 | 2.33 | 2.65 | 2.68 | 3.30 | 2.68 |
| Quick ratio | 1.21 | 1.02 | 1.45 | 1.75 | 1.61 | 2.16 | 2.06 | 1.57 | 1.96 | 1.93 | 2.37 | 1.96 |
| Debt / equity | 1.17 | 1.14 | 0.94 | 0.88 | 1.23 | 1.24 | 1.19 | 1.79 | 1.85 | 1.72 | 1.98 | 2.05 |
| Equity / assets | 26.0% | 20.0% | 34.1% | 37.1% | 36.9% | 32.4% | 33.3% | 25.3% | 26.5% | 27.4% | 26.7% | 25.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed October 6, 2026); data from EODHD.
PENG financial position
At the end of fiscal 2026 (August 31, 2026), Penguin Solutions had total assets of $2.8 billion (up 71.8% from a year earlier), total liabilities of $2.0 billion and shareholders' equity of $723.5 million. It held $647.2 million in cash and short-term investments against $846.8 million of debt, net debt of $199.6 million. Its current ratio was 1.88.
Related: PENG income statement, PENG cash flow statement, PENG key metrics. See the PENG stock overview for the latest quote and news.
PENG balance sheet FAQ
What are Penguin Solutions's total assets?
Penguin Solutions reported total assets of $2.8 billion at the end of fiscal 2026 (August 31, 2026), compared with $1.6 billion a year earlier.
How much debt does Penguin Solutions have?
Penguin Solutions had $846.8 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 1.17.
How much cash does Penguin Solutions have?
Penguin Solutions held $647.2 million in cash and short-term investments at the end of fiscal 2026; with $846.8 million of debt that is net debt of $199.6 million.
What is Penguin Solutions's book value?
Penguin Solutions's shareholders' equity (book value) was $723.5 million at the end of fiscal 2026, or $12.30 per share.
What is Penguin Solutions's current ratio?
Penguin Solutions had current assets of $2.2 billion and current liabilities of $1.2 billion, a current ratio of 1.88 (it can cover its short-term obligations).
How much goodwill does Penguin Solutions have?
Penguin Solutions carried $205.8 million of goodwill and intangible assets, 7.4% of total assets, at the end of fiscal 2026.