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

Super Micro Computer, Inc. (SMCI) Piotroski F-score

Alert me on Piotroski F-score

Super Micro Computer, Inc.'s Piotroski F-score for fiscal 2026 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed, down from 4 in fiscal 2025.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2026 3 (1.00)
FY2025 4 1.00
FY2024 3 (5.00)
FY2023 8 4.00
FY2022 4 0.00
FY2021 4 1.00
FY2020 3 (4.00)
FY2019 7 1.00
FY2018 6 4.00
FY2017 2 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 10.15% 8.80% Pass 1
Positive operating cash flow (6.81b) 1.66b Fail 0
Rising return on assets 10.15% 8.80% Pass 1
Cash flow above net income (9.04b) 610.67m Fail 0
Falling long-term leverage 0.30 0.39 Pass 1
Rising current ratio 3.87 5.25 Fail 0
No new shares issued 601,806,000 593,665,000 Fail 0
Rising gross margin 10.82% 11.06% Fail 0
Rising asset turnover 1.78 1.84 Fail 0
Piotroski F-score Weak — most fundamentals deteriorated 3

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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