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Super Micro Computer, Inc.

Super Micro Computer, Inc.

NASDAQ•SMCI
CEO: Mr. Charles Liang
Sector: Technology
Industry: Computer Hardware
Listing Date: 2007-03-29
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software. The company provides application-optimized server solutions, rackmount and blade servers, storage, and subsystems and accessories; and server software management solutions, such as Server Management Suite, including Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, and SuperDoctor 5. In addition, it offers server subsystems and accessories comprising server boards, chassis, power supplies, and other accessories. Further, the company provides server and storage system integration, configuration, and software upgrade and update services; and technical documentation services, as well as identifies service requirements, creates and executes project plans, and conducts verification testing and technical documentation, and training services. Additionally, it offers help desk and on-site product support services for its server and storage systems; and customer support services, including ongoing maintenance and technical support for its products. The company provides its products to enterprise data centers, cloud computing, artificial intelligence, and 5G and edge computing markets. It sells its products through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. The company was incorporated in 1993 and is headquartered in San Jose, California.
Contact Information
980 Rock Avenue, San Jose, CA, 95131, United States
408-503-8000
www.supermicro.com
Market Cap
$17.42B
P/E (TTM)
22.0
25.9
Dividend Yield
--
52W High
$66.44
52W Low
$25.71
52W Range
9%
Rank39Top 29.7%
4.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$5.02B-15.49%
4-Quarter Trend

EPS

$0.28-61.11%
4-Quarter Trend

FCF

-$949.79M-360.50%
4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Quarterly Sales Decline Net sales totaled $5.02B, reflecting a 15.5% decrease due to late order shipments in September.
Net Income Halved Net income dropped to $168.3M from $424.3M, a 60.3% reduction for the three months ended September 30.
Gross Margin Pressure Gross margin compressed to 9.3% from 13.1% previously, driven by competitive pricing strategy.

Risk Factors

Internal Control Weaknesses Material weaknesses in ITGCs, SOD, and documentation remain unremediated as of September 30, 2025.
Significant Purchase Commitments Non-cancelable purchase commitments for inventory total $11.6B, posing potential loss exposure.
Cash Flow Reversal Operating cash flow was a net use of $917.5M, contrasting prior period's $408.9M inflow.

Outlook

FY2026 CapEx Forecast Anticipated capital expenditures for remainder of fiscal year 2026 range from $200.0M to $220.0M.
AI Demand Expected Expect continued growth driven by AI and datacenter expansion, enhancing product capabilities and service offerings.
New Credit Facility Secured Entered $1.79B Receivables Purchase Agreement facility; no sales utilized as of period end.

Peer Comparison

Revenue (TTM)

HP Inc.HPQ
$55.30B
+3.2%
Hewlett Packard Enterprise CompanyHPE
$34.30B
+14.1%
Telefonaktiebolaget LM Ericsson (publ)ERIC
$23.49B
-2.2%

Gross Margin (Latest Quarter)

NetApp, Inc.NTAP
72.0%
+1.0pp
Pure Storage, Inc.PSTG
70.1%
+0.0pp
Telefonaktiebolaget LM Ericsson (publ)ERIC
48.1%
+1.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
WDC$59.82B23.235.9%35.1%
STX$58.52B34.2-282.7%59.2%
CTSH$40.79B19.014.3%5.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-4.0%
Flat Growth
4Q Net Income CAGR
-19.3%
Declining Profitability
Cash Flow Stability
50%
Cash Flow Needs Attention

Research & Insights

Next earnings:Feb 24, 2026
|
EPS:$0.48
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q1 2026

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $5.02B-15.5%
    |
    EPS: $0.28-61.1%
    Miss
  • Form 10-K - FY 2025

    Period End: Jun 30, 2025|Filed: Aug 28, 2025|
    Revenue: $21.97B+46.6%
    |
    EPS: $1.77-11.5%
    Beat
  • Form 10-Q - Q3 2025

    Period End: Mar 31, 2025|Filed: May 12, 2025|
    Revenue: $4.60B+19.5%
    |
    EPS: $0.18-74.6%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Sep 30, 2024|Filed: Feb 25, 2025|
    Revenue: $5.94B+180.1%
    |
    EPS: $0.72+140.0%
    Miss
  • Form 10-K - FY 2024

    Period End: Jun 30, 2024|Filed: Feb 25, 2025|
    Revenue: $14.99B+110.4%
    |
    EPS: $2.00+65.3%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Dec 31, 2024|Filed: Feb 25, 2025|
    Revenue: $5.68B+54.9%
    |
    EPS: $0.54-1.8%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Mar 31, 2024|Filed: May 6, 2024|
    Revenue: $3.85B+200.0%
    |
    EPS: $0.71+343.8%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Dec 31, 2023|Filed: Feb 2, 2024|
    Revenue: $3.66B+103.2%
    |
    EPS: $0.55+66.7%
    Beat