Pricing Log in Create free account
Sunday 1 November 2026 Export SMCI’s income statement to Excel — free account

Super Micro Computer, Inc.

SMCI Technology Computer Hardware

Super Micro Computer, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $39.1 billion, up 77.8% from fiscal 2025.

Revenue
+93.2%
EPS
+454.6%
Free cash flow
−13.0%
Total debt
+83.3%

Quarter to June 2026, against a year earlier

32.95 1.48 −4.30%
Market cap
$22.6B
P/E
9.2×
Fwd P/E
7.2×
Dividend yield
—
F-score
3/9
Altman Z
3.38
Beneish M
0.05
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Filings

Revenue by regions Fiscal 2026

  • United States
  • Asia
  • Europe
  • Other

Every year since 2010 →

Insider Decisions last twelve months

Sold, $m 24.44
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — 2 2 —
Insider Ownership 4.64%

Capital & Financial Ratios $m

Size
Market Cap 22,620.00
Revenue ttm 39,063.07
Net income ttm 2,230.45
Free cash flow ttm (6,958.55)
Net debt Q 1,198.81
Valuation
P/E 9.16
Forward P/E 7.24
Price / sales 0.51
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.93
Financial health
Current ratio Q 3.87 (at or above 1.5: strong)
Debt / equity Q 0.60
Interest coverage Q 18.65
Growth
Revenue growth Q +93.16% (above 0%: growing)
Operating income growth Q +551.55% (above 0%: growing)
EPS, this year +30.78% (at or above 15%: strong)
EPS, next year A +20.08% (at or above 15%: strong)
Revenue, next year A +79.89% (at or above 10%: strong)
EPS, past 5 yrs +73.23% (at or above 15%: strong)
EPS, next 5 yrs A +19.17% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.5×, against a ten-year median of 0.5×; over the ten years it ranged from 0.2× in 2018 to 5.9× in 2024.
P/E against its own 10 years 5.03%
10-year low 10-year high
P/S against its own 10 years 42.75%
10-year low 10-year high
P/B against its own 10 years 58.54%
10-year low 10-year high
EV/Sales against its own 10 years 50.39%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 440 1,670 5,170 7,521
Receivables 1,148 2,737 2,204 6,125
Inventory 1,446 4,333 4,680 12,896
Other — — — —
3,179 8,932 12,302 27,726
2023 2024 2025 2026
Payables 777 1,472 1,282 2,247
ST’ Debt 170 402 75 2,040
Other — — — —
1,375 2,346 2,345 7,160

Compound Annual Growth %

10y 5y 3y
Sales 33.18% 61.48% 76.34%
Cash Flow 0.00% 0.00% 0.00%
Earnings 40.95% 81.94% 51.61%
Book Value 35.45% 67.56% 94.36%

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate 0.68 Actual 1.70

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY26 0.28 0.35 Beat by 0.07
Q2 FY26 0.49 0.69 Beat by 0.20
Q3 FY26 0.63 0.84 Beat by 0.21
Q4 FY26 0.68 1.70 Beat by 1.02
Q1 FY27 1.24 — Reports 3 November 2026

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 0.26 0.60 0.72 1.62 3.26
’25 0.67 0.51 0.17 0.31 1.68
’24 0.28 0.51 0.66 0.46 2.01
’23 0.34 0.31 0.15 0.34 1.14
’22 0.05 0.08 0.14 0.26 0.53
’21 0.05 0.05 0.04 0.07 0.21
Fiscal quarters ending in the months shown.

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 5,018 12,682 10,243 11,120 39,063
’25 5,937 5,678 4,600 5,757 21,972
’24 2,120 3,665 3,850 5,355 14,989
’23 1,852 1,803 1,283 2,185 7,123
’22 1,033 1,172 1,355 1,635 5,196
’21 762 830 896 1,069 3,557
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (918) (24) (6,615) 747 (6,810)
’25 409 (240) 627 864 1,660
’24 270 (595) (1,514) (648) (2,486)
’23 314 161 198 (9) 664
’22 (135) (53) (228) (25) (441)
’21 121 63 (124) 64 123
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (950) (45) (6,696) 732 (6,959)
’25 365 (267) 594 841 1,532
’24 268 (610) (1,606) (662) (2,610)
’23 303 151 190 (18) 627
’22 (145) (66) (239) (36) (486)
’21 109 50 (143) 50 65
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 2,485 3,360 3,500 3,339 3,557 5,196 7,123 14,989 21,972 39,063 +35.8% 70,270 81,687 93,121 +33.6%
Gross margin, % 14.08 12.80 14.16 15.76 15.03 15.40 18.01 13.75 11.06 10.82 (3.3) pt
EBT 92 88 90 85 119 337 754 1,214 1,212 2,789 +46.2%
EBT margin, % 3.69 2.63 2.56 2.54 3.33 6.48 10.59 8.10 5.52 7.14 +3.5 pt
Net income 67 46 72 84 112 285 640 1,153 1,049 2,230 +47.7%
Per share, $
Per share, $ Revenue 5.14 6.81 7.01 6.55 6.95 10.09 13.46 26.97 37.01 64.91 +32.6%
Earnings 0.14 0.09 0.15 0.17 0.22 0.55 1.21 2.17 1.77 3.65 +43.3%
Cash flow (0.20) 0.17 0.53 (0.06) 0.24 (0.86) 1.25 (4.47) 2.80 (11.32) +56.7%
Capex (0.06) (0.05) (0.05) (0.09) (0.11) (0.09) (0.07) (0.22) (0.21) (0.25) +16.9%
Free cash flow (0.26) 0.12 0.48 (0.15) 0.13 (0.94) 1.18 (4.70) 2.58 (11.56) +52.5%
Book value 1.60 1.71 1.89 2.09 2.14 2.77 3.73 9.75 10.62 24.06 +35.1%
Shares, m 484 493 499 510 512 515 529 556 594 602 +2.5%
Valuation, ×
Valuation, × P/E 18.30 26.31 13.39 17.17 16.07 7.33 20.60 39.38 27.69 8.17 19.4
P/S 0.48 0.36 0.28 0.43 0.51 0.40 1.85 3.01 1.32 0.45 0.9
P/B 1.54 1.44 1.02 1.36 1.64 1.46 6.69 8.34 4.62 1.72 3.0
EV/Sales 0.51 0.37 0.22 0.38 0.47 0.46 1.83 3.05 1.31 0.48 0.9
EV/FCF (10.18) 20.95 3.24 (16.97) 25.66 (4.96) 20.81 (17.49) 18.72 (2.71) 3.7
Cash, $m
Cash, $m Operating cash flow (96) 84 263 (30) 123 (441) 664 (2,486) 1,660 (6,810) +60.5%
Capex (29) (25) (25) (44) (58) (45) (37) (124) (127) (149) +19.7%
Free cash flow (126) 60 238 (75) 65 (486) 627 (2,610) 1,532 (6,959) +56.2%
Balance, $m
Balance, $m Working capital 589 719 816 885 898 1,336 1,805 6,586 9,957 20,566 +48.4%
Net debt 51 1 (225) (181) (134) 329 (150) 504 (412) 1,199 +42.1%
Shareholders’ equity 774 844 941 1,066 1,096 1,426 1,972 5,417 6,302 14,480 +38.5%
Returns, %
Returns, % ROA 4.94 2.81 4.17 4.68 5.38 10.47 18.61 17.08 8.80 10.15 +5.2 pt
ROIC 7.19 7.01 8.48 6.05 8.05 11.94 26.11 12.78 13.30 11.04 +3.8 pt
ROE 9.09 5.71 8.06 8.40 10.35 22.61 37.67 31.20 17.90 26.95 +17.9 pt
People
People Employees 2,996 — 3,670 3,987 4,155 4,607 5,126 5,684 6,238 7,000 +9.9%
Revenue/emp, $m 0.83 0.00 0.95 0.84 0.86 1.13 1.39 2.64 3.52 5.58 +23.6%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Business profile

Updated

Super Micro Computer is a Silicon Valley-based provider of information-technology infrastructure for enterprise data centers, cloud service providers and edge-computing users. It designs and supplies servers, storage systems, networking equipment and related subsystems for workloads including artificial intelligence, high-performance computing, cloud computing, 5G and embedded systems.

The company increasingly sells complete rack- and data-center-scale installations rather than only individual servers. Its Data Center Building Block Solutions combine validated components and subsystems: GPUs, networking switches, servers, storage, racks, power distribution, liquid-cooling equipment, management software, installation and professional services. These installations are designed for AI data centers that need many systems to operate together.

Where the money comes from and where it goes Fiscal 2026

Fiscal 2026: revenue by regions, and margins
United States 27,690 70.89%
Asia 6,063 15.52%
Europe 2,674 6.85%
Other 2,635 6.75%
Gross margin 10.82%
Operating margin 7.09%
Pre-tax margin 7.14%

Revenue by segment since 2010

Super Micro Computer, Inc. vs peers in Computer Hardware (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
STX Seagate Technology Holdings PLC $159.3B 44.5× 16.3× +48.49% (above 0%: growing) +150.00% (above 0%: growing) +163.06% (above 0%: growing) 52.30% 42.96% Compare
WDC Western Digital Corporation $148.0B 13.5× 15.1× +43.84% (above 0%: growing) +1,070.51% (above 0%: growing) +89.78% (above 0%: growing) 54.12% 41.71% Compare
P Everpure, Inc. $45.7B 168× 130× +37.73% (above 0%: growing) +57.14% (above 0%: growing) −258.26% (below 0%: shrinking) 68.42% 5.33% Compare
HPQ HP Inc. $28.7B 10.9× 11.2× +12.53% (above 0%: growing) −11.11% (below 0%: shrinking) +7.05% (above 0%: growing) 18.79% 5.69% Compare
SMCI Super Micro Computer, Inc. $22.6B 9.2× 7.2× +93.16% (above 0%: growing) +454.55% (above 0%: growing) −12.95% (below 0%: shrinking) 17.47% 13.38%
IONQ IonQ, Inc. $13.6B — (loss-making) — (loss-making) +286.83% (above 0%: growing) n/m −110.77% (below 0%: shrinking) 24.91% (421.29%) Compare
LOGI Logitech International S.A. $13.6B 17.3× — +6.93% (above 0%: growing) +65.66% (above 0%: growing) +37.82% (above 0%: growing) 49.54% 21.07% Compare
QBTS D-Wave Quantum Inc. $4.4B — (loss-making) — (loss-making) −0.61% (below 0%: shrinking) n/m −105.81% (below 0%: shrinking) 55.40% (1,732.05%) Compare
RGTI Rigetti Computing, Inc. $4.0B — (loss-making) — (loss-making) +185.29% (above 0%: growing) n/m −27.18% (below 0%: shrinking) 42.58% (546.17%) Compare
Median of peers $21.2B 17.3× 15.7× +40.79% +65.66% −10.06% 50.92% 5.51%

All 46 Computer Hardware stocks →

From the latest earnings call

Updated

  • Charles Liang said Super Micro was expanding its customer base and total data-center solutions, with DCBPS and enterprise customers intended to support margin improvement.
  • David Weigand said orders and backlog remained strong, while customer-site readiness and supply constraints could affect the timing of deferred revenue recognition.

Analyst rating changes each firm’s latest, last six months

Firm Date Action Rating Target
Bank of America Oct 28, 2026 Target raised — 38.00
Citi Oct 23, 2026 Target raised Hold 39.00 → 45.00
Bernstein Oct 23, 2026 Reiterated Hold 42.00
Rosenblatt Securities Oct 21, 2026 Reiterated Buy 51.00
Rosenblatt Oct 21, 2026 Target raised Buy 51.00 → 57.00
Mizuho Oct 6, 2026 Target raised Hold 35.00 → 43.00

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 68.15%
Held by the ten largest 39.13%
Holder Shares Stake Change
Vanguard 74.96m 11.41% +7.31m
BlackRock 47.69m 7.26% +4.33m
Jane Street 28.79m 4.38% +24.37m
State Street 24.64m 3.75% +2.62m
UBS 23.85m 3.63% +8.01m
Geode Capital Management 15.51m 2.36% +1.35m
Invesco 11.72m 1.78% −96.39k
Goldman Sachs 11.09m 1.69% +7.64m
Two Sigma 9.78m 1.49% +8.88m
Morgan Stanley 9.05m 1.38% +1.38m
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 3 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 442.00 (190.34m) 1,726.31
2024 28.10m 409.42m 2,886.05
2023 1.00 92.12m 877.95
2022 1.00 3.67m 142.13
2021 18.10m 20.49m 123.92

Ownership

Directors and executive officers, together 16.10%
Total executive officers, directors & 34.50%
Charles Liang & Sara Liu 13.40%
The Vanguard Group 11.50%
BlackRock, Inc. 6.90%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Super Micro Computer, Inc. (SMCI) Latest News

29 Oct

Impact 4 · · 24/7 Wall St.
Impact 3 · · Schaeffer's Investment Research

28 Oct

Impact 4 · · TIKR
Impact 3 · · Zacks
Impact 3 · · Simply Wall St.
Impact 3 · · The Motley Fool

27 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · Zacks
Impact 4 · · Zacks
Impact 4 · · TIKR
Impact 3 · · StockStory
Impact 3 · · Stocktwits
Impact 3 · · Simply Wall St.

26 Oct

Impact 4 · · The Motley Fool
Impact 3 · · Zacks
Impact 3 · · TIKR
Impact 3 · · Zacks

25 Oct

Impact 4 · · Barchart
Impact 4 · · Barchart

23 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · Simply Wall St.
Impact 4 · · TIKR
Impact 4 · · Zacks
Impact 4 · · Barchart

22 Oct

Impact 4 · · 24/7 Wall St.
Impact 4 · · Simply Wall St.
Impact 4 · · 24/7 Wall St.
Impact 4 · · Stocktwits
Impact 3 · · TIKR
Impact 3 · · Simply Wall St.

SMCI metrics, ten years each

stockrow.com/SMCI · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com