Super Micro Computer, Inc. SMCI

43.26 1.75 4.22% as of 25 Sep
Market cap
$27.7B
P/E
12.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Super Micro Computer, Inc. (SMCI) Gross margin

Super Micro Computer, Inc.'s gross margin over the twelve months to 30 June 2026 was 10.8%. Over the past ten years it has ranged from 10.8% (fiscal 2026) to 18.0% (fiscal 2023) — the current reading is the lowest in ten years. That is below the Computer Hardware industry median of 37.8% and below the Technology sector median of 47.2%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2026 10.8% (0.24)
FY2025 11.1% (2.69)
FY2024 13.8% (4.26)
FY2023 18.0% 2.61
FY2022 15.4% 0.37
FY2021 15.0% (0.73)
FY2020 15.8% 1.60
FY2019 14.2% 1.36
FY2018 12.8% (1.28)
FY2017 14.1% (0.77)

Quarterly

Period Gross margin Change (points)
Jun 2026 17.5% 7.52
Mar 2026 9.95% 3.65
Dec 2025 6.30% (3.01)
Sep 2025 9.31% (0.14)
42 more quarters

Against its own ten years

Low 10.8% High 18.0%
Ten-year median 14.5%
Current reading's percentile 8

Gross margin against peers

Company Gross margin
P Everpure, Inc. compare 69.7%
QBTS D-Wave Quantum Inc. compare 64.2%
WDC Western Digital Corporation compare 48.9%
STX Seagate Technology Holdings PLC compare 45.6%
LOGI Logitech International S.A. compare 45.1%
RGTI Rigetti Computing, Inc. compare 34.6%
IONQ IonQ, Inc. compare 29.3%
HPQ HP Inc. compare 19.9%
SMCI Super Micro Computer, Inc. 10.8%
Computer Hardware industry median 37.8%
Technology sector median 47.2%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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