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Side-by-side financial comparison of Penguin Solutions, Inc. (PENG) and Wingstop Inc. (WING). Click either name above to swap in a different company.

Penguin Solutions, Inc. is the larger business by last-quarter revenue ($343.1M vs $183.7M, roughly 1.9× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs 1.5%, a 14.7% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs 0.6%). Over the past eight quarters, Penguin Solutions, Inc.'s revenue compounded faster (11.8% CAGR vs 8.6%).

The Lampo Group, LLC, doing business as Ramsey Solutions, is an American company that provides products and services relating to personal finance, leadership development, interpersonal relationships, and professional development. Founded in 1991 by Dave Ramsey and his wife, Sharon, the company is based in Franklin, Tennessee.

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

PENG vs WING — Head-to-Head

Bigger by revenue
PENG
PENG
1.9× larger
PENG
$343.1M
$183.7M
WING
Growing faster (revenue YoY)
WING
WING
+6.8% gap
WING
7.4%
0.6%
PENG
Higher net margin
WING
WING
14.7% more per $
WING
16.3%
1.5%
PENG
Faster 2-yr revenue CAGR
PENG
PENG
Annualised
PENG
11.8%
8.6%
WING

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PENG
PENG
WING
WING
Revenue
$343.1M
$183.7M
Net Profit
$5.3M
$29.9M
Gross Margin
28.0%
86.5%
Operating Margin
5.7%
27.4%
Net Margin
1.5%
16.3%
Revenue YoY
0.6%
7.4%
Net Profit YoY
1.0%
EPS (diluted)
$0.04
$1.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PENG
PENG
WING
WING
Q1 26
$183.7M
Q4 25
$343.1M
$175.7M
Q3 25
$337.9M
$175.7M
Q2 25
$324.3M
$174.3M
Q1 25
$365.5M
$171.1M
Q4 24
$341.1M
$161.8M
Q3 24
$284.8M
$162.5M
Q2 24
$300.6M
$155.7M
Net Profit
PENG
PENG
WING
WING
Q1 26
$29.9M
Q4 25
$5.3M
$26.8M
Q3 25
$9.4M
$28.5M
Q2 25
$2.7M
$26.8M
Q1 25
$8.1M
$92.3M
Q4 24
$5.2M
$26.8M
Q3 24
$25.7M
Q2 24
$5.6M
$27.5M
Gross Margin
PENG
PENG
WING
WING
Q1 26
86.5%
Q4 25
28.0%
Q3 25
28.6%
Q2 25
29.3%
Q1 25
28.6%
Q4 24
28.7%
85.6%
Q3 24
28.8%
85.0%
Q2 24
29.6%
85.4%
Operating Margin
PENG
PENG
WING
WING
Q1 26
27.4%
Q4 25
5.7%
26.7%
Q3 25
3.7%
27.9%
Q2 25
3.0%
25.9%
Q1 25
5.1%
22.4%
Q4 24
5.1%
25.9%
Q3 24
-1.2%
24.5%
Q2 24
3.8%
26.5%
Net Margin
PENG
PENG
WING
WING
Q1 26
16.3%
Q4 25
1.5%
15.2%
Q3 25
2.8%
16.2%
Q2 25
0.8%
15.4%
Q1 25
2.2%
53.9%
Q4 24
1.5%
16.5%
Q3 24
15.8%
Q2 24
1.9%
17.7%
EPS (diluted)
PENG
PENG
WING
WING
Q1 26
$1.08
Q4 25
$0.04
$0.99
Q3 25
$0.10
$1.02
Q2 25
$-0.01
$0.96
Q1 25
$0.09
$3.24
Q4 24
$0.10
$0.91
Q3 24
$0.88
Q2 24
$0.10
$0.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PENG
PENG
WING
WING
Cash + ST InvestmentsLiquidity on hand
$461.5M
$128.8M
Total DebtLower is stronger
$462.3M
Stockholders' EquityBook value
$389.7M
Total Assets
$1.6B
$648.9M
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PENG
PENG
WING
WING
Q1 26
$128.8M
Q4 25
$461.5M
$196.6M
Q3 25
$453.8M
$237.6M
Q2 25
$735.5M
$227.9M
Q1 25
$647.0M
$251.4M
Q4 24
$393.7M
$315.9M
Q3 24
$389.5M
$84.0M
Q2 24
$467.5M
$96.7M
Total Debt
PENG
PENG
WING
WING
Q1 26
Q4 25
$462.3M
$1.2B
Q3 25
$461.8M
Q2 25
$659.5M
Q1 25
$658.8M
Q4 24
$658.1M
$1.2B
Q3 24
$657.3M
Q2 24
$667.0M
Stockholders' Equity
PENG
PENG
WING
WING
Q1 26
Q4 25
$389.7M
$-736.8M
Q3 25
$394.2M
$-702.6M
Q2 25
$584.8M
$-686.0M
Q1 25
$602.5M
$-715.0M
Q4 24
$400.4M
$-675.6M
Q3 24
$391.4M
$-447.5M
Q2 24
$423.4M
$-437.5M
Total Assets
PENG
PENG
WING
WING
Q1 26
$648.9M
Q4 25
$1.6B
$693.4M
Q3 25
$1.6B
$721.0M
Q2 25
$1.8B
$708.3M
Q1 25
$1.8B
$696.8M
Q4 24
$1.6B
$716.2M
Q3 24
$1.5B
$484.8M
Q2 24
$1.5B
$451.8M
Debt / Equity
PENG
PENG
WING
WING
Q1 26
Q4 25
1.19×
Q3 25
1.17×
Q2 25
1.13×
Q1 25
1.09×
Q4 24
1.64×
Q3 24
1.68×
Q2 24
1.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PENG
PENG
WING
WING
Operating Cash FlowLast quarter
$31.1M
Free Cash FlowOCF − Capex
$28.2M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
5.89×
TTM Free Cash FlowTrailing 4 quarters
$116.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PENG
PENG
WING
WING
Q1 26
Q4 25
$31.1M
$57.3M
Q3 25
$-70.4M
$63.9M
Q2 25
$92.8M
$6.6M
Q1 25
$72.9M
$25.3M
Q4 24
$13.8M
$7.7M
Q3 24
$69.0M
Q2 24
$57.9M
$36.2M
Free Cash Flow
PENG
PENG
WING
WING
Q1 26
Q4 25
$28.2M
$34.5M
Q3 25
$-73.4M
$61.7M
Q2 25
$90.9M
$-7.8M
Q1 25
$70.5M
$17.3M
Q4 24
$12.0M
$-8.6M
Q3 24
$54.9M
Q2 24
$48.9M
$25.9M
FCF Margin
PENG
PENG
WING
WING
Q1 26
Q4 25
8.2%
19.6%
Q3 25
-21.7%
35.1%
Q2 25
28.0%
-4.5%
Q1 25
19.3%
10.1%
Q4 24
3.5%
-5.3%
Q3 24
33.8%
Q2 24
16.3%
16.6%
Capex Intensity
PENG
PENG
WING
WING
Q1 26
Q4 25
0.8%
13.0%
Q3 25
0.9%
1.3%
Q2 25
0.6%
8.2%
Q1 25
0.6%
4.7%
Q4 24
0.5%
10.1%
Q3 24
8.7%
Q2 24
3.0%
6.6%
Cash Conversion
PENG
PENG
WING
WING
Q1 26
Q4 25
5.89×
2.14×
Q3 25
-7.47×
2.24×
Q2 25
34.88×
0.25×
Q1 25
9.02×
0.27×
Q4 24
2.65×
0.29×
Q3 24
2.68×
Q2 24
10.30×
1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PENG
PENG

Integrated Memory Segment$171.6M50%
Advanced Computing Segment$115.7M34%
Optimized LED Segment$55.7M16%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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