On this page of StockholderLetter.com we present the latest annual shareholder letter from SMART Global Holdings, Inc. — ticker symbol SGH. Reading current and past SGH letters to shareholders can bring important insights into the investment thesis.
Annual Report 2025
Solving
complexity.
Accelerating
results.
Leveraging our experience
and expertise to enable
customers to harness the
full power of accelerated
computing.
25+
Years
Experience
89,000+
33+ Billion
GPUs Deployed
& Managed
Hours of
GPU Runtime
Penguin Solutions
2025 Annual Report
1
Proven Process
End-to-end delivery and management
of assured AI and HPC infrastructure
Design
Deploy
2
Build
Manage
Penguin Solutions
2025 Annual Report
3
 • shareholder letter icon 12/19/2025 Letter Continued (Full PDF)
 • stockholder letter icon 12/19/2023 SGH Stockholder Letter
 • stockholder letter icon 12/20/2024 SGH Stockholder Letter
 • stockholder letter icon More "Miscellaneous" Category Stockholder Letters


SGH Shareholder/Stockholder Letter Transcript:

Annual Report 2025

Solving
complexity.
Accelerating
results.
Leveraging our experience
and expertise to enable
customers to harness the
full power of accelerated
computing.
25+
Years
Experience

89,000+
33+ Billion
GPUs Deployed
& Managed
Hours of
GPU Runtime
Penguin Solutions
2025 Annual Report
1

Proven Process
End-to-end delivery and management
of assured AI and HPC infrastructure
Design
Deploy
2

Build
Manage
Penguin Solutions
2025 Annual Report
3



shareholder letter icon 12/19/2025 Letter Continued (Full PDF)
 

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