---
title: "Penguin Solutions Q3 FY26 GAAP diluted EPS turns to $0.68; net sales rise 48% to $479 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291972053.md"
description: "Penguin Solutions reported Q3 FY26 net sales of $479 million, up 48% YoY, with GAAP diluted EPS turning positive at $0.68. Driven by strong AI demand, operating income surged 417% to $51 million. The company added four new AI infrastructure customers and raised its full-year fiscal 2026 outlook, projecting net sales growth of 22% +/-2% and GAAP EPS of $1.97 +/- $0.05."
datetime: "2026-07-07T20:06:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291972053.md)
  - [en](https://longbridge.com/en/news/291972053.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291972053.md)
---

# Penguin Solutions Q3 FY26 GAAP diluted EPS turns to $0.68; net sales rise 48% to $479 million

-   Penguin Solutions posted Q3 fiscal 2026 net sales of USD 479 million, up 48% from a year earlier; GAAP diluted EPS turned to USD 0.68 from a loss. \* GAAP operating income climbed to USD 51 million, up 417% year over year, as Integrated Memory net sales more than doubled. \* CEO Kash Shaikh cited “very strong AI-driven customer demand” for memory and AI infrastructure; noted memory is increasingly a key bottleneck for persistent, context-rich AI workloads. \* Added four new AI Infrastructure customer logos in Q3; won Dell Technologies Global Alliances Americas AI Partner of the Year, became an NVIDIA AI Factory Specialized Partner. \* Raised fiscal 2026 outlook: net sales growth 22% +/-2%, GAAP EPS USD 1.97 +/- USD 0.05, non-GAAP EPS USD 2.60 +/- USD 0.05. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Penguin Solutions Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607071605BIZWIRE\_USPR\_\_\_\_\_20260707\_BW722795) on July 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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