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

28.72 1.64 +6.06%
Market cap
$17.8B
P/E
5.0×
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) Gross margin

Alert me on Gross margin

Super Micro Computer, Inc.'s gross margin over the twelve months to 30 September 2026 was 11.7%, up 0.8 percentage points from fiscal 2026 (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 34.7% and below the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

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 newest first

Period Gross margin Change (points)
Sep 2026 12.7% (4.73)
Jun 2026 17.5% 7.52
Mar 2026 9.95% 3.65
Dec 2025 6.30% (3.01)
43 more quarters

Against its own ten years

Low 10.8% High 18.0%
Ten-year median 14.5%
Current reading's percentile 16

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 52.6%
STX Seagate Technology Holdings PLC compare 50.4%
LOGI Logitech International S.A. compare 45.5%
RGTI Rigetti Computing, Inc. compare 34.6%
IONQ IonQ, Inc. compare 24.1%
HPQ HP Inc. compare 19.9%
SMCI Super Micro Computer, Inc. 11.7%
Computer Hardware industry median 34.7%
Technology sector median 47.1%
Market median 46.0%

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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