| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.97B | $14.99B | $7.12B | $5.20B | $3.56B | $3.34B | $3.50B | $3.36B |
| Cost of Revenue | $19.54B | $12.93B | $5.84B | $4.40B | $3.02B | $2.81B | $3.00B | $2.93B |
| Gross Profit | $2.43B | $2.06B | $1.28B | $800.00M | $534.54M | $526.21M | $495.52M | $429.99M |
| Gross Margin | 11.06% | 13.75% | 18.01% | 15.40% | 15.03% | 15.76% | 14.16% | 12.80% |
| Operating Expenses | $1.18B | $850.64M | $521.87M | $462.83M | $410.59M | $440.56M | $398.29M | $335.28M |
| Operating Income | $1.25B | $1.21B | $761.14M | $337.17M | $123.95M | $85.65M | $97.23M | $94.71M |
| Operating Margin | 5.70% | 8.08% | 10.68% | 6.49% | 3.48% | 2.57% | 2.78% | 2.82% |
| Net Income | $1.05B | $1.15B | $640.00M | $285.16M | $111.86M | $84.31M | $71.92M | $46.16M |
| Net Margin | 4.77% | 7.69% | 8.98% | 5.49% | 3.14% | 2.52% | 2.05% | 1.37% |
| EPS (Basic) | $1.77 | $1.77 | $2.17 | $1.21 | $0.55 | $0.17 | $0.14 | $0.09 |
| EBITDA | $1.33B | $1.27B | $799.69M | $375.72M | $149.30M | $115.54M | $120.42M | $115.79M |
| Stock Option Compensation Expense | $314.45M | $231.51M | $54.43M | $32.82M | $28.55M | $20.19M | $21.18M | $24.66M |
| Price To Earnings Ratio | 27.74 | 41.84 | 21.65 | 7.50 | 16.20 | 17.18 | 13.40 | 25.33 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $29.10B | $48.22B | $13.86B | $2.14B | $1.81B | $1.45B | $963.40M | $1.17B |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $14.02B | $9.83B | $3.67B | $3.21B | $2.24B | $1.92B | $1.68B | $1.77B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $7.72B | $4.41B | $1.70B | $1.78B | $1.15B | $852.94M | $741.42M | $925.85M |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $6.30B | $5.42B | $1.97B | $1.43B | $1.10B | $1.07B | $941.01M | $843.50M |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $6.30B | $5.42B | $1.97B | $1.43B | $1.10B | $1.07B | $941.01M | $843.50M |
| Total Liabilities & Stockholders Equity | $14.02B | $9.83B | $3.67B | $3.21B | $2.24B | $1.92B | $1.68B | $1.77B |
| Book Value Per Share | $10.62 | $9.13 | $3.55 | $2.69 | $2.13 | $2.09 | $1.89 | $1.71 |
| Tangible Book Value Per Share | $10.62 | $9.13 | $3.55 | $2.69 | $2.13 | $2.09 | $1.89 | $1.71 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 7.48% | 11.73% | 17.42% | 8.90% | 4.99% | 4.39% | 4.27% | 2.61% |
| Return on Equity | 16.64% | 21.28% | 32.45% | 20.00% | 10.20% | 7.91% | 7.64% | 5.47% |
| Return on Invested Capital | 9.26% | 14.54% | 26.27% | 12.98% | 8.69% | 6.67% | 7.32% | 4.81% |
| Quick Ratio | 3.25 | 1.96 | 1.26 | 0.86 | 0.85 | 1.05 | 1.24 | 0.83 |
| Current Ratio | 5.25 | 3.81 | 2.31 | 1.91 | 1.93 | 2.25 | 2.35 | 1.89 |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $1.05B | $1.15B | $640.00M | $285.16M | $111.86M | $84.31M | $71.92M | $46.16M |
| Depreciation | $58.34M | $40.98M | $34.90M | $32.47M | $28.18M | $28.47M | $24.20M | $21.85M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $1.66B | $-2.49B | $663.58M | $-440.80M | $122.95M | $-30.33M | $262.55M | $84.35M |
| Capital Expenditures | $127.21M | $124.28M | $36.79M | $45.18M | $58.02M | $44.34M | $24.85M | $24.82M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $200.00M | $0.00 | $150.00M | $0.00 | $130.00M | $0.00 | $0.00 | $0.00 |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $1.53B | $-2.61B | $626.79M | $-485.98M | $64.94M | $-74.67M | $237.71M | $59.52M |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company provides liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; SuperStorage systems; Hyper, CloudDC, and WIO and rackmount systems; embedded (5G/IoT/Edge) systems; and MicroCloud server systems. It also offers workstations and networking devices; and modular server subsystems and accessories, including server boards, chassis, power supplies, and other accessories. In addition, the company provides remote system management solutions, such as Server Management suite comprising Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, and SuperDoctor 5. Further, the company identifies service requirements; creates and executes project plans; conducts verification testing; offers training; and provides technical documentation. Additionally, it offers rack level services from design to deployment for full rack and cluster level deployments of AI and HPC datacenters; help desk services and on-site product support; and warranties, maintenance, and technical support services. The company serves enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing markets through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.
Why it moved over time
Supermicro (SMCI) reported Q4 results and guided fiscal 2027 revenue of $65–$72 billion, reflecting a record >$60B order backlog and signaling sustained AI-server demand and strong forward revenue visibility.
Key fact: Booked over $60 billion in Q4 orders and guided fiscal 2027 revenue of $65–$72 billion.
seekingalpha.com: Super Micro Computer's $60 Billion Signal Changes The AI StorySupermicro (SMCI) issued fiscal 2027 revenue guidance of $65–$72 billion and reported a $60B+ backlog, signaling surging AI-server demand and potential working-capital strain.
Key fact: Fiscal 2027 revenue guidance of $65–$72 billion and over $60 billion in new orders/backlog.
benzinga.com: SMCI's Next AI Bottleneck Isn't Demand—It's Working CapitalSupermicro (SMCI) is moving ahead of its fiscal Q4 2026 earnings, which investors view as a key read on AI-server demand, margins and cash flow after recent order and margin reports.
Key fact: Investors are positioning ahead of Supermicro's fiscal Q4 2026 earnings report.
247wallst.com: Super Micro Rises 4% Ahead of Earnings; HPE Gains 4%, Dell Climbs 3% as AI Server Stocks AdvanceSupermicro (SMCI) is moving as investors position ahead of its fiscal Q4 2026 earnings, with broader AI server sector strength amplifying attention before the report.
Key fact: Article notes SMCI is seeing increased activity ahead of its fiscal Q4 2026 earnings amid a rally in AI server stocks.
247wallst.com: Super Micro Rises 4% Ahead of Earnings; HPE Gains 4%, Dell Climbs 3% as AI Server Stocks AdvanceThe move appears driven by Supermicro's preliminary guidance showing a surge in gross margins, implying stronger near-term profitability and fueling AI-server sector enthusiasm ahead of earnings.
Key fact: Preliminary guidance showed a surge in gross margins, which initially drove a strong market reaction.
seekingalpha.com: Super Micro: The Market Is Unbothered By The Margin News For Good ReasonShares moved after Supermicro reported preliminary Q2 results showing stronger AI-driven demand and improved gross margins of 15–17%.
Key fact: Announced preliminary Q2 results with gross margins of 15–17% driven by AI infrastructure demand and supply shortages.
The Motley Fool: Supermicro Stock Just Jumped 20%. Why I'm Passing and Buying This AI Leader Instead.