About Penguin Solutions
Penguin Solutions is a company based in Fremont (United States) founded in 1998. The company has 2,700 employees. Penguin Solutions operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Fremont, United States
- Employees 2,700
- Stage Public
- SectorsTechnology
- Website category Computers Electronics and Technology · Computer Hardware
- Website penguinsolutions.com/en-us
- Social LinkedIn YouTube
- Legal Name Penguin Solutions, Inc.
- Annual Revenue$1.37 B (USD)16.91as on Aug 31, 2025
- Net Profit$24.13 M (USD)0as on Aug 31, 2025
- EBITDA$135.09 M (USD)32.46as on Aug 31, 2025
- Latest Funding Round$200M (USD), Post-IPO
Dec 2024
- Investors
- Employee Count2,700
Apps and channels of Penguin Solutions
its YouTube channel Penguin Solutions has 247 subscribers and 29 videos.
Videos from Penguin Solutions
The most watched videos on Penguin Solutions's YouTube channel, Penguin Solutions (247 subscribers). Click a video to play it here.
More on Penguin Solutions.
Funding Insights of Penguin Solutions
- Total Rounds 1
- Last Round Post-IPO — $200M
- First Round $200M
(Dec 2024)
- Investors Count 1
All 1 funding rounds of Penguin Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $200M | Post-IPO | – | – |
1 investors in total: 1 institutional.
Investors in Penguin Solutions
Penguin Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SK Telecom.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of integrated telecommunication services | 1984 | sktelecom.com | Seoul, South Korea |
Investor details for Penguin Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Penguin Solutions
86 people are tracked at Penguin Solutions (31 in leadership, 55 in team); the tracked headcount is 2,700.
| Name | Role | Group |
|---|---|---|
Brian Kassoy | Senior Director FSI | Leadership |
Heather Dyson | Director, Meta Portfolio And Program Manager | Leadership |
Philip Pokorny | Chief Technology Officer | Leadership |
Will Cottay | Director of Cloud Solutions | Leadership |
Tom Ireland | VP Federal Sales | Leadership |
Casey Duffy | Sales Director of Federal Civilian | Leadership |
Mark Adams | President and Chief Executive Officer | Leadership |
Kathy Kittelsen Young | Senior Director, Meta Business and Program Manager | Leadership |
Kevin T | Senior Vice President, Strategic Solutions Group | Leadership |
Angela Chen | Head Of Corporate Legal | Leadership |
Dan Sheets | Director Systems Solutions Engineering Advanced Solutions Group | Leadership |
Sharri Parsell | VP HPC And AI Software Development | Leadership |
Andreas Junge | Vice President, Hardware Engineering and Operations | Leadership |
Joe Mongiat | Director of Sales, East Coast | Leadership |
Tom Quinn | Sr. Vice President, Business Develoment | Leadership |
Edward Schulman | Sales Director, Federal Dod East | Leadership |
Tony Frey | Chief Revenue Officer (cro) | Leadership |
Rex Tanakit | Sr. Director of Solutions Architect | Leadership |
John Hawkes | Director of Software Development | Leadership |
John Casu | Principal Solutions Architect, Office of the CTO | Leadership |
66 more people are available in the full profile.
Complete people profiles for Penguin Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Penguin Solutions
Penguin Solutions is a publicly listed company on the NASDAQ with ticker symbol PENG in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 May 2017
- Listed onNASDAQ: PENG
- Listed entityPenguin Solutions, Inc.
- Exchange sectorElectronic technology
- ISINUS7069151055
- Share price$71.57 (-1.43% on the day) · 2026-10-08
- Market capitalisation$3.67B
- Price to earnings55.3
- EPS (diluted, trailing year)$1.29
- Volume (last session)5,914,975
Financials of Penguin Solutions
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $1.37B | $24.1M | $135.1M |
| 2024 | $1.17B | -$43.6M | $102.0M |
| 2023 | $1.44B | -$187.5M | $163.2M |
| 2022 | $1.40B | $66.6M | $162.5M |
| 2021 | $1.50B | $21.3M | $151.6M |
Detailed financial statements for Penguin Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Penguin Solutions
3 dated milestones of Penguin Solutions across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Penguin Solutions is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $200.0M.
Competitors of Penguin Solutions
Penguin Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. |
Detailed competitors of Penguin Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Penguin Solutions
The website of Penguin Solutions (penguinsolutions.com) receives about 61.8K visits a month and ranks #548,918 among all websites worldwide, #2,253 in Computer Hardware.
- Monthly visits61.8K
▲ 3.4% vs previous month
- Unique visitors25.4K
per month
- Global rank#548,918
among all websites
- Category rank#2,253
Computers Electronics and Technology · Computer Hardware
- Bounce rate40%
- Pages per visit2.3
- Average visit1 min 00 sec
- DevicesDesktop 50% · Mobile 50%
Websites whose visitors overlap most with Penguin Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| stratus.com | 100% | 22.7K | #1,402,045 | View details | |
tid.co.jp | tid.co.jp | 76% | – | #947,963 | – |
| ecrin.com | 76% | – | #3,817,626 | View details | |
opencompute.org | opencompute.org | 76% | – | #327,986 | – |
| smartm.com | 76% | 5.9K | #2,583,432 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for Penguin Solutions
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 29 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Penguin Solutions
Complete news archive for Penguin Solutions
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Penguin Solutions
10 companies that operate in the same segment as Penguin Solutions (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Penguin Solutions
Penguin Solutions was founded in 1998 and raised its 1st funding round 26 years after it was founded.
Penguin Solutions is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Penguin Solutions has 2,700 employees.
Annual revenue of Penguin Solutions is $1.37B as on Aug 31, 2025.
Penguin Solutions, based in Fremont, focuses on providing business support, providing IT services, and suite. Provider of networking, cloud, AI, and IoT services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Penguin Solutions's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Yes, Penguin Solutions is publicly traded on NASDAQ under the ticker symbol PENG.
Penguin Solutions has 1 investor. Key investors include SK Telecom.