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
+297.5%
EPS
+765.1%
Free cash flow
+49.9%
Total debt
+81.0%

Quarter to September 2026, against a year earlier

28.74 1.66 +6.13%
Market cap
$17.8B
P/E
4.8×
Fwd P/E
7.2×
Dividend yield
—
F-score
3/9
Altman Z
3.38
Beneish M
0.05
Dividend safety
n/a

Super Micro Computer, Inc. (SMCI) Free cash flow margin

Alert me on Free cash flow margin

Super Micro Computer, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was −12.0%, up 5.8 percentage points from fiscal 2026 (−17.8%). Over the past ten years it has ranged from −17.8% (fiscal 2026) to 8.80% (fiscal 2023) — the current reading is the lowest in ten years. That is below the Computer Hardware industry median of 0.00% and below the Technology sector median of 0.67%.

Free cash flow margin, annual

Embed this chart

Annual newest first

Period Free cash flow margin Change (points)
FY2026 −17.8% (24.78)
FY2025 6.97% 24.38
FY2024 −17.4% (26.21)
FY2023 8.80% 18.15
FY2022 −9.35% (11.18)
FY2021 1.83% 4.07
FY2020 −2.24% (9.03)
FY2019 6.79% 5.02
FY2018 1.77% 6.82
FY2017 −5.05% (8.37)

Against its own ten years

Low −17.8% High 8.80%
Ten-year median −0.23%
Current reading's percentile 8

Free cash flow margin against peers

Company Free cash flow margin
STX Seagate Technology Holdings PLC compare 30.1%
WDC Western Digital Corporation compare 29.6%
LOGI Logitech International S.A. compare 19.3%
HPQ HP Inc. compare 6.56%
P Everpure, Inc. compare 3.01%
SMCI Super Micro Computer, Inc. −12.0%
IONQ IonQ, Inc. compare −169.5%
RGTI Rigetti Computing, Inc. compare −655.9%
QBTS D-Wave Quantum Inc. compare −963.8%
Computer Hardware industry median 0.00%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

More on SMCI