
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
Market Cap
$18.29B
P/E (TTM)
20.9
32
Dividend Yield
--
52W High
$66.44
52W Low
$27.60
52W Range
Rank36Top 31.8%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 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
Q2 2026 Data
Revenue
$12.68B+123.36%
4-Quarter Trend
EPS
$0.67+24.07%
4-Quarter Trend
FCF
-$45.12M-83.12%
4-Quarter Trend
2026 Q2 Earnings Highlights
Key Highlights
Net Sales Jump 123.4% Net sales reached $12.68B for three months 2025, driven by datacenter fulfillment, up 123.4% versus $5.68B prior year.
Quarterly Net Income Rises Net income grew to $400.6M for the quarter, up from $320.6M in 2024, primarily due to massive net sales increase.
Inventory Balances Double Inventories ballooned to $10.60B by December 31, 2025, compared to $4.68B six months prior, signaling supply chain stocking.
New Credit Facilities Secured New CTBC credit agreement established facilities totaling $710.0M, with commitments later increasing to $1.8B post-period end.
Risk Factors
Gross Margin Drops Sharply Three-month gross margin compressed to 6.3% from 11.8% due to competitive pricing and AI platform launch costs.
Internal Control Weaknesses Persist Material weaknesses related to ITGC and segregation of duties remain unremediated as of December 31, 2025, requiring remediation.
Inventory Levels Significantly Increase Inventories grew $6.09B in six months to $10.60B, increasing working capital needs and potential obsolescence exposure.
Litigation Exposure Remains High Multiple derivative and class action lawsuits alleging misrepresentations are pending; outcome and loss range are currently indeterminable.
Outlook
Focus on AI Solutions Strategy centers on delivering Total IT Solutions, expanding DCBBS to capture growing demand in AI and datacenter markets.
Capital Expenditures Forecasted Anticipated capital expenditures for remainder of fiscal year 2026 range from $200.0M to $220.0M for manufacturing capabilities.
Liquidity Position Adequate Management believes current cash, cash equivalents, and borrowing capacity sufficiently support operating needs for the next 12 months.
Commitments Total $3.9 Billion Remaining non-cancelable purchase commitments for inventory and non-inventory items totaled $3.9B as of December 31, 2025.
Peer Comparison
Revenue (TTM)
HPQ$55.30B
HPE$34.30B
SMCI$28.06B
Gross Margin (Latest Quarter)
PSTG72.3%
NTAP72.0%
MDB71.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| WDC | $95.47B | 25.5 | 64.2% | 29.8% |
| STX | $92.90B | 46.5 | -889.4% | 51.7% |
| TER | $50.05B | 88.8 | 19.9% | 8.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
40.2%
Strong Growth
4Q Net Income CAGR
54.4%
Profitability Improved
Cash Flow Stability
50%
Cash Flow Needs Attention
Research & Insights
Next earnings:Feb 24, 2026
EPS:$0.48
|Revenue:-
Reports
Financials
All Years
Form 10-Q - Q2 2026
Period End: Dec 31, 2025|Filed: Feb 6, 2026|Revenue: $12.68B+123.4%|EPS: $0.67+24.1%BeatForm 10-Q - Q1 2026
Period End: Sep 30, 2025|Filed: Nov 7, 2025|Revenue: $5.02B-15.5%|EPS: $0.28+55.6%MissForm 10-K - FY 2025
Period End: Jun 30, 2025|Filed: Aug 28, 2025|Revenue: $21.97B+46.6%|EPS: $1.77+0.0%BeatForm 10-Q - Q3 2025
Period End: Mar 31, 2025|Filed: May 12, 2025|Revenue: $4.60B+19.5%|EPS: $0.18-75.0%MissForm 10-Q - Q2 2025
Period End: Dec 31, 2024|Filed: Feb 25, 2025|Revenue: $5.68B+54.9%|EPS: $0.54-10.0%MissForm 10-K - FY 2024
Period End: Jun 30, 2024|Filed: Feb 25, 2025|Revenue: $14.99B+110.4%|EPS: $1.77-18.4%MissForm 10-Q - Q1 2025
Period End: Sep 30, 2024|Filed: Feb 25, 2025|Revenue: $5.94B+180.1%|EPS: $0.18-40.0%MissForm 10-Q - Q3 2024
Period End: Mar 31, 2024|Filed: May 6, 2024|Revenue: $3.85B+200.0%|EPS: $0.72+350.0%Beat