Penguin Solutions, Inc. (PENG)

Net profit margin

May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020
Net income (ttm) US$ in thousands -8,587 -5,632 -27,334 -52,472 -168,769 -198,840 -212,439 -187,526 -26,723 21,845 51,522 66,557 67,248 35,924 39,310 21,310 8,188 16,224 660 -1,143
Revenue (ttm) US$ in thousands 1,342,020 1,318,349 1,237,651 1,170,796 1,022,916 1,066,754 1,170,310 1,287,860 1,562,289 1,680,411 1,741,205 1,819,352 1,849,364 1,824,552 1,679,390 1,501,143 1,330,464 1,174,023 1,142,056 1,122,377
Net profit margin -0.64% -0.43% -2.21% -4.48% -16.50% -18.64% -18.15% -14.56% -1.71% 1.30% 2.96% 3.66% 3.64% 1.97% 2.34% 1.42% 0.62% 1.38% 0.06% -0.10%

May 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-8,587K ÷ $1,342,020K
= -0.64%

The net profit margin of Penguin Solutions, Inc. has exhibited significant fluctuations over the analyzed period. Starting from a marginally negative figure of -0.10% on August 31, 2020, the margin transitioned into positive territory by November 30, 2020, reaching 0.06%, and continued to improve through early 2021, attaining 1.38% on February 28, 2021. This upward trend persisted into mid-2021, with the margin reaching a peak of 3.66% on August 31, 2022, indicating periods of strengthened profitability.

However, the margins began to decline subsequently, dropping to 2.96% on November 30, 2022, and further decreasing to 1.30% by February 28, 2023. Beginning in May 2023, the company's net profit margin turned negative again, initially at -1.71%, and intensified substantially over the following months, reaching a trough of -18.15% on November 30, 2023. The negative trend persisted through early 2024, with margins as low as -18.64% on February 29, 2024.

While some recovery is apparent subsequently, with margins reducing to -16.50% in May 2024 and improving to -4.48% by August 31, 2024, negative profitability remains evident, with marginal improvements observed through late 2024 and early 2025, where the net profit margin approaches near zero, recorded at -0.43% on February 28, 2025, and -0.64% on May 31, 2025.

Overall, the historical data indicates a pattern of initial moderate profitability, followed by a period of growth, and later a significant decline into consistent losses. The volatility suggests variability in operational efficiency, cost management, or external market conditions impacting profitability over time. The recent trend demonstrates ongoing challenges in sustaining positive net margins, with the company continuing to operate at a loss.