What is Super Micro Computer, Inc.'s earnings per share (EPS)?

Super Micro Computer, Inc. (SMCI) reported diluted earnings per share of $3.26 for fiscal year 2026. This represents a 94.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Super Micro Computer, Inc. (SMCI) Financials

SMCI

FY2026 annual

Revenue $39.1B +77.8% YoY

Net Income $2.2B +112.7% YoY

EPS (Diluted) $3.26 +94.0% YoY

Free Cash Flow -$7.0B -555.0% YoY

Market Cap $29.5B as of Oct 8, 2026

Price / Sales 0.8x on $39.1B revenue, FY2026

Price / Earnings 13.2x on $2.2B net income, FY2026

Price / Book 2.0x on $14.5B equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Aug 31, 2026 Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SMCI SEC filings page.

Super Micro Computer, Inc. (SMCI) reported $39.1B in revenue for fiscal year 2026, up 77.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SMCI FY2026 2026-10-04

Rapid scale has made Super Micro more profitable in dollars, but working-capital growth now absorbs cash and requires external financing.

By FY2026, revenue had expanded sharply while gross margin settled at 10.8%, indicating the dollar profit surge came mainly from volume rather than a richer margin structure. Operating cash flow then turned negative as inventory and receivables expanded, so reported earnings did not translate cleanly into cash.

FY2025 converted earnings into $1.7B of operating cash flow and $1.5B of free cash flow, showing a period of strong cash conversion. In FY2026, operating cash flow of -$6.8B and free cash flow of -$7.0B showed how quickly expansion can consume cash when working capital builds.

Short-term coverage remains substantial: the current ratio was 3.9x, while reported liquidity equaled 13.6 months of annual operating outflow. Debt-to-equity reached 1.1x by FY2026, and financing cash flow was $9.5B, indicating that expansion increasingly depended on external capital while operations were consuming cash.

Financial Health Signals

Financial Health Score 62/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Super Micro Computer, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Super Micro Computer, Inc. has an operating margin of 7.1%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 62/100, indicating healthy but not exceptional operating efficiency. This is up from 5.7% the prior year.

Growth

Super Micro Computer, Inc.'s revenue surged 77.8% year-over-year to $39.1B, reflecting rapid business expansion. This strong growth earns a score of 96/100.

Leverage

Super Micro Computer, Inc. has a moderate D/E ratio of 1.07. This balance of debt and equity financing earns a leverage score of 46/100.

Liquidity

With a current ratio of 3.87, Super Micro Computer, Inc. holds $3.87 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 87/100.

Cash Flow

Super Micro Computer, Inc.'s operations used $6.8B of cash, and capex of $162.0M added to the outflow, for a free cash flow shortfall of $7.0B. This results in a cash flow score of 12/100.

Returns

Super Micro Computer, Inc. earns a strong 15.4% return on equity (ROE), meaning it generates $15 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 70/100. This is down from 16.6% the prior year.

Altman Z-Score Safe

3.84

Super Micro Computer, Inc. scores 3.84, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

1/8

Super Micro Computer, Inc. passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality No Cash Backing

$3.05used

For every $1 of reported earnings, Super Micro Computer, Inc. used $3.05 of operating cash (-$6.8B OCF vs $2.2B net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Interest Coverage Safe

14.24x

Super Micro Computer, Inc. earns $14.24 in operating income for every $1 of interest expense ($2.8B vs $194.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$11.1B

YoY+93.2%

QoQ+8.6%

5Y CAGR+59.7%

10Y CAGR+35.5%

Super Micro Computer, Inc. generated $11.1B in revenue in Q4 2026. This represents an increase of 93.2% from the same quarter a year earlier. Against the prior quarter it is up 8.6%.

EBITDA

$1.5B

YoY+526.1%

QoQ+135.0%

5Y CAGR+100.9%

Super Micro Computer, Inc.'s EBITDA was $1.5B in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 526.1% from the same quarter a year earlier. Against the prior quarter it is up 135.0%.

Net Income

$1.2B

YoY+503.7%

QoQ+143.7%

5Y CAGR+97.5%

10Y CAGR+71.1%

Super Micro Computer, Inc. reported $1.2B in net income in Q4 2026. This represents an increase of 503.7% from the same quarter a year earlier. Against the prior quarter it is up 143.7%.

EPS (Diluted)

$1.67

YoY+438.7%

QoQ+131.9%

5Y CAGR+17.7%

10Y CAGR+32.5%

Super Micro Computer, Inc. earned $1.67 per diluted share (EPS) in Q4 2026. This represents an increase of 438.7% from the same quarter a year earlier. Against the prior quarter it is up 131.9%.

Cash & Balance Sheet

Free Cash Flow

$718.7M

YoY-14.5%

QoQ+110.7%

5Y CAGR+70.3%

10Y CAGR+65.0%

Super Micro Computer, Inc. generated $718.7M in free cash flow in Q4 2026, representing cash available after capex. This represents a decrease of 14.5% from the same quarter a year earlier. Against the prior quarter it is up 110.7%.

Cash & Debt

$7.5B

YoY+45.5%

QoQ+482.9%

5Y CAGR+100.5%

10Y CAGR+45.3%

Super Micro Computer, Inc. held $7.5B in cash as of Q4 2026; long-term debt is not reported for that period.

Shares Outstanding

657M

YoY+10.5%

QoQ+9.2%

5Y CAGR+67.0%

Super Micro Computer, Inc. had 657M shares outstanding in Q4 2026. This represents an increase of 10.5% from the same quarter a year earlier. Against the prior quarter it is up 9.2%.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

Gross Margin

17.5%

YoY+8.0pp

QoQ+7.5pp

5Y change+3.9pp

10Y change+4.1pp

Super Micro Computer, Inc.'s gross margin was 17.5% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 8.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.5 percentage points.

Operating Margin

13.4%

YoY+9.4pp

QoQ+7.3pp

5Y change+9.7pp

Super Micro Computer, Inc.'s operating margin was 13.4% in Q4 2026, reflecting core business profitability. This is up 9.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.3 percentage points.

Net Margin

10.6%

YoY+7.2pp

QoQ+5.9pp

5Y change+6.9pp

10Y change+9.6pp

Super Micro Computer, Inc.'s net profit margin was 10.6% in Q4 2026, showing the share of revenue converted to profit. This is up 7.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.9 percentage points.

Return on Equity

8.1%

YoY+5.0pp

QoQ+1.8pp

5Y change+4.6pp

10Y change+7.3pp

Super Micro Computer, Inc.'s ROE was 8.1% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 5.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.

Capital Allocation

R&D Spending

$201.5M

YoY+10.0%

QoQ-6.6%

5Y CAGR+27.9%

Super Micro Computer, Inc. invested $201.5M in research and development in Q4 2026. This represents an increase of 10.0% from the same quarter a year earlier. Against the prior quarter it is down 6.6%.

Capital Expenditures

$28.2M

YoY+24.5%

QoQ-64.8%

5Y CAGR+16.1%

10Y CAGR+12.1%

Super Micro Computer, Inc. invested $28.2M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 24.5% from the same quarter a year earlier. Against the prior quarter it is down 64.8%.

Share Buybacks

Not reported for Q4 2026.

SMCI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SMCI quarterly income statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$39.1B+77.8%	$22.0B+46.6%	$15.0B+110.4%	$7.1B+37.1%	$5.2B+46.1%	$3.6B+6.5%	$3.3B-4.6%	$3.5B+4.2%	$3.4B+35.2%	$2.5B+11.7%	$2.2B+13.8%	$2.0B+33.2%	$1.5B+26.2%	$1.2B+14.7%	$1.0B
Cost of Revenue	$34.8B+78.3%	$19.5B+51.2%	$12.9B+121.3%	$5.8B+32.9%	$4.4B+45.4%	$3.0B+7.5%	$2.8B-6.4%	$3.0B+2.5%	$2.9B+37.3%	$2.1B+12.7%	$1.9B+15.0%	$1.6B+32.7%	$1.2B+23.9%	$1.0B+18.2%	$848.5M
Gross Profit	$4.2B+74.0%	$2.4B+17.9%	$2.1B+60.7%	$1.3B+60.4%	$800.0M+49.7%	$534.5M+1.6%	$526.2M+6.2%	$495.5M+15.2%	$430.0M+22.9%	$350.0M+5.9%	$330.5M+7.8%	$306.6M+35.9%	$225.5M+40.9%	$160.1M-3.2%	$165.4M
R&D Expenses	$771.2M+21.2%	$636.5M+37.3%	$463.5M+50.9%	$307.3M+12.8%	$272.3M+21.4%	$224.4M+1.3%	$221.5M+23.1%	$179.9M+9.0%	$165.1M+14.7%	$144.0M+15.9%	$124.2M+22.5%	$101.4M+20.3%	$84.3M+12.0%	$75.2M+17.1%	$64.2M
SG&A Expenses	$332.9M+24.6%	$267.2M+35.4%	$197.3M+98.2%	$99.6M-2.8%	$102.4M+1.9%	$100.5M-24.9%	$133.9M-5.2%	$141.2M+43.2%	$98.6M+120.8%	$44.6M+10.4%	$40.4M+61.5%	$25.0M+8.8%	$23.0M-3.7%	$23.9M+9.3%	$21.9M
Operating Income	$2.8B+121.1%	$1.3B+3.5%	$1.2B+59.1%	$761.1M+127.1%	$335.2M+170.4%	$123.9M+44.7%	$85.7M-11.9%	$97.2M+2.7%	$94.7M-0.2%	$94.9M-11.7%	$107.5M-19.0%	$132.6M+65.3%	$80.3M+195.5%	$27.2M-41.0%	$46.0M
EBITDA	$2.8B+118.2%	$1.3B+4.3%	$1.2B+57.5%	$788.0M+118.9%	$360.0M+136.6%	$152.1M+33.3%	$114.1M-6.0%	$121.4M+4.2%	$116.6M+4.8%	$111.2M-7.9%	$120.8M-14.2%	$140.7M+62.5%	$86.6M+147.5%	$35.0M-34.1%	$53.1M
Interest Expense	$194.6M+226.6%	$59.6M+207.8%	$19.4M+84.5%	$10.5M+63.6%	$6.4M+158.1%	$2.5M+11.1%	$2.2M-66.6%	$6.7M+16.8%	$5.7M+149.0%	$2.3M+44.3%	$1.6M+65.2%	$965K+27.5%	$757K+24.1%	$610K-14.9%	$717K
Income Tax	$556.3M+254.7%	$156.9M+147.8%	$63.3M-42.8%	$110.7M+109.3%	$52.9M+662.3%	$6.9M+137.4%	$2.9M-80.4%	$14.9M-61.3%	$38.4M+57.3%	$24.4M-30.8%	$35.3M-11.9%	$40.1M+57.6%	$25.4M+378.4%	$5.3M-65.7%	$15.5M
Net Income	$2.2B+112.7%	$1.0B-9.0%	$1.2B+80.1%	$640.0M+124.4%	$285.2M+154.9%	$111.9M+32.7%	$84.3M+17.2%	$71.9M+55.8%	$46.2M-30.9%	$66.9M-7.3%	$72.1M-22.1%	$92.6M+70.9%	$54.2M+154.5%	$21.3M-28.7%	$29.9M
EPS (Basic)	$3.65+106.2%	$1.77-14.5%	$2.07+71.1%	$1.21+120.0%	$0.55-74.9%	$2.19+32.7%	$1.65+14.6%	$1.44+53.2%	$0.94-31.9%	$1.38-8.0%	$1.50-24.6%	$1.99+60.5%	$1.24+148.0%	$0.50-30.6%	$0.72
EPS (Diluted)	$3.26+94.0%	$1.68-12.5%	$1.92	$1.14+115.1%	$0.53	$2.09+30.6%	$1.60+15.1%	$1.39+56.2%	$0.89-31.0%	$1.29-7.2%	$1.39-24.9%	$1.85+59.5%	$1.16+141.7%	$0.48-28.4%	$0.67
Diluted Shares (Avg)	697M+11.0%	628M+4.4%	602M	560M+4.4%	536M	54M+1.3%	53M+2.2%	52M-0.8%	52M+0.9%	52M-0.3%	52M+3.5%	50M+7.7%	47M+5.9%	44M-0.6%	44M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Revenue	$11.1B+93.2%	$10.2B+122.7%	$12.7B+123.4%	$5.0B-15.5%	$5.8B+7.5%	$4.6B+19.5%	$5.7B+54.9%	$5.9B+180.1%
Cost of Revenue	$9.2B+76.0%	$9.2B+121.8%	$11.9B+137.3%	$4.6B-11.8%	$5.2B+8.4%	$4.2B+27.9%	$5.0B+61.5%	$5.2B+192.3%
Gross Profit	$1.9B+257.0%	$1.0B+131.4%	$798.6M+19.2%	$467.4M-39.7%	$544.1M-0.4%	$440.2M-26.3%	$670.0M+18.7%	$775.6M+119.3%
R&D Expenses	$201.5M+10.0%	$215.7M+32.4%	$180.8M+14.2%	$173.3M+31.1%	$183.2M+43.7%	$162.9M+40.1%	$158.2M+45.4%	$132.2M+19.1%
SG&A Expenses	$111.0M+63.8%	$87.6M+24.1%	$70.4M+10.7%	$63.9M-2.2%	$67.8M-8.6%	$70.6M+32.9%	$63.6M+71.1%	$65.3M+98.3%
Operating Income	$1.5B+551.5%	$625.9M+326.4%	$474.3M+28.7%	$182.3M-64.2%	$228.4M-20.8%	$146.8M-61.2%	$368.6M-0.8%	$509.2M+195.2%
EBITDA	$1.5B+526.1%	$639.4M+305.5%	$487.1M+28.8%	$194.4M-62.5%	$240.0M-19.1%	$157.7M-59.1%	$378.1M-0.2%	$518.2M+188.7%
Interest Expense	$79.8M+258.1%	$64.5M+381.1%	$25.4M+288.0%	$24.9M+43.7%	$22.3M+616.0%	$13.4M+114.6%	$6.5M-19.6%	$17.4M+831.5%
Income Tax	$290.1M+1402.7%	$126.9M+2071.6%	$99.2M+74.0%	$40.2M-46.3%	$19.3M+1138.4%	$5.8M+129.2%	$57.0M-7.4%	$74.7M+269.7%
Net Income	$1.2B+503.7%	$483.4M+344.4%	$400.6M+24.9%	$168.3M-60.3%	$195.2M-34.3%	$108.8M-73.0%	$320.6M+8.3%	$424.3M+170.3%
EPS (Basic)	$1.89+472.7%	$0.81+350.0%	$0.67+24.1%	$0.28-61.1%	$0.33-34.0%	$0.18-74.6%	$0.54-1.8%	$0.72+140.0%
EPS (Diluted)	$1.67+438.7%	$0.72+323.5%	$0.60+17.6%	$0.26-61.2%	$0.31-34.0%	$0.17	$0.51	$0.67
Diluted Shares (Avg)	N/A	692M+11.3%	694M+9.1%	663M+3.8%	N/A	622M	636M	639M

SMCI Balance Sheet

SMCI quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$29.9B+113.6%	$14.0B+42.7%	$9.8B+167.4%	$3.7B+14.7%	$3.2B+43.0%	$2.2B+16.9%	$1.9B+14.0%	$1.7B-4.9%	$1.8B+16.8%	$1.5B+27.2%	$1.2B+9.3%	$1.1B+36.9%	$796.3M+25.9%	$632.3M+7.3%	$589.1M
Current Assets	$27.7B+125.4%	$12.3B+37.7%	$8.9B+180.9%	$3.2B+13.3%	$2.8B+50.3%	$1.9B+17.2%	$1.6B+12.0%	$1.4B-7.1%	$1.5B+21.4%	$1.3B+32.2%	$954.3M+4.4%	$914.4M+39.8%	$654.1M+25.0%	$523.2M+8.6%	$481.9M
Cash & Equivalents	$7.5B+45.5%	$5.2B+209.6%	$1.7B+279.1%	$440.5M+64.7%	$267.4M+15.1%	$232.3M+10.3%	$210.5M-15.2%	$248.2M+115.1%	$115.4M+4.3%	$110.6M-38.1%	$178.8M+92.4%	$92.9M-2.7%	$95.5M+2.6%	$93.0M+15.1%	$80.8M
Short-Term Investments	$23.1M+270.4%	$6.2M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$12.9B+175.5%	$4.7B+8.0%	$4.3B+199.7%	$1.4B-6.5%	$1.5B+48.5%	$1.0B+22.3%	$851.5M+27.1%	$670.2M-21.5%	$853.3M+15.8%	$736.7M+42.5%	$516.8M+11.5%	$463.5M+46.8%	$315.8M+24.3%	$254.2M-8.1%	$276.6M
Accounts Receivable	$6.1B+177.9%	$2.2B-19.5%	$2.7B+138.4%	$1.1B+37.6%	$834.5M+79.9%	$463.8M+14.9%	$403.7M+2.6%	$393.6M-12.8%	$451.4M+39.3%	$324.0M+85.2%	$174.9M-45.8%	$322.6M+51.6%	$212.7M+42.5%	$149.3M+46.4%	$102.0M
Long-Term Investments	$148.0M+31.7%	$112.4M+84.2%	$61.0M	$0-100.0%	$1.6M+2.2%	$1.6M-1.0%	$1.6M0.0%	$1.6M0.0%	$1.6M-40.2%	$2.6M-0.7%	$2.6M+0.4%	$2.6M-0.5%	$2.6M+0.4%	$2.6M-9.8%	$2.9M
Total Liabilities	$15.5B+100.4%	$7.7B+75.0%	$4.4B+158.9%	$1.7B-4.3%	$1.8B+55.3%	$1.1B+34.3%	$852.9M+15.0%	$741.4M-19.9%	$925.9M+24.9%	$741.3M+49.8%	$494.8M+5.1%	$470.7M+43.9%	$327.1M+26.5%	$258.5M+3.1%	$250.8M
Current Liabilities	$7.2B+205.4%	$2.3B0.0%	$2.3B+70.6%	$1.4B-6.5%	$1.5B+51.7%	$968.9M+36.9%	$707.6M+16.8%	$606.0M-25.3%	$811.6M+20.7%	$672.5M+64.2%	$409.6M-9.8%	$454.1M+46.1%	$310.9M+28.6%	$241.7M+9.6%	$220.5M
Non-Current Liabilities	$8.3B+54.6%	$5.4B+160.4%	$2.1B+529.1%	$327.9M+6.0%	$309.3M+75.1%	$176.7M+21.6%	$145.3M+7.3%	$135.4M+18.5%	$114.3M+66.2%	$68.8M-19.3%	$85.2M+412.7%	$16.6M+2.5%	$16.2M-3.9%	$16.9M-44.2%	$30.2M
Long-Term Debt	N/A	N/A	N/A	$120.2M-18.6%	$147.6M+325.4%	$34.7M+509.1%	$5.7M	$0	N/A	$0-100.0%	$40.0M+4187.2%	$933K-75.0%	$3.7M-42.9%	$6.5M-66.3%	$19.4M
Total Equity	$14.5B+129.8%	$6.3B+16.3%	$5.4B+174.7%	$2.0B+38.3%	$1.4B+30.0%	$1.1B+2.9%	$1.1B+13.2%	$941.0M+11.6%	$843.5M+9.0%	$773.7M+11.1%	$696.5M+12.5%	$618.9M+32.0%	$469.1M+25.6%	$373.5M+10.4%	$338.4M
Retained Earnings	$5.7B+64.6%	$3.4B+32.8%	$2.6B+80.4%	$1.4B+52.0%	$942.9M+43.4%	$657.8M-5.5%	$696.2M+13.8%	$611.9M+15.0%	$532.3M+9.5%	$486.0M+16.0%	$419.1M+12.1%	$373.9M+37.4%	$272.1M+24.9%	$217.9M+10.8%	$196.7M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Total Assets	$29.9B+113.6%	$23.5B+118.4%	$28.0B+187.8%	$14.4B+32.6%	$14.0B+42.7%	$10.7B+21.2%	$9.7B+80.0%	$10.9B+164.9%
Current Assets	$27.7B+125.4%	$21.6B+126.7%	$26.1B+201.4%	$12.7B+28.5%	$12.3B+37.7%	$9.5B+18.0%	$8.7B+79.0%	$9.9B+175.9%
Cash & Equivalents	$7.5B+45.5%	$1.3B-49.1%	$4.1B+186.1%	$4.2B+100.9%	$5.2B+209.6%	$2.5B+19.9%	$1.4B+97.1%	$2.1B+284.6%
Short-Term Investments	$23.1M+270.4%	$0	$0	$0	$6.2M	$0	$0	$0
Inventory	$12.9B+175.5%	$11.1B+186.9%	$10.6B+194.6%	$5.7B+16.2%	$4.7B+8.0%	$3.9B-6.2%	$3.6B+45.8%	$4.9B+140.2%
Accounts Receivable	$6.1B+177.9%	$8.4B+218.4%	$11.0B+259.7%	$2.5B-7.6%	$2.2B-19.5%	$2.6B+60.1%	$3.1B+103.6%	$2.7B+223.0%
Long-Term Investments	$148.0M+31.7%	$139.6M	$123.3M	$100.3M	$112.4M+84.2%	$0	$0	$0
Total Liabilities	$15.5B+100.4%	$15.9B+264.2%	$21.0B+502.0%	$7.9B+58.1%	$7.7B+75.0%	$4.4B+15.7%	$3.5B+49.9%	$5.0B+157.7%
Current Liabilities	$7.2B+205.4%	$8.1B+468.8%	$15.4B+1033.9%	$2.3B-18.2%	$2.3B0.0%	$1.4B-16.9%	$1.4B-31.8%	$2.9B+78.9%
Non-Current Liabilities	$8.3B+54.6%	$7.8B+164.6%	$5.6B+163.3%	$5.5B+162.2%	$5.4B+160.4%	$2.9B+42.9%	$2.1B+534.9%	$2.1B+546.0%
Total Equity	$14.5B+129.8%	$7.6B+18.7%	$7.0B+12.1%	$6.5B+11.0%	$6.3B+16.3%	$6.4B+25.2%	$6.2B+102.7%	$5.9B+171.4%
Retained Earnings	$5.7B+64.6%	$4.5B+30.5%	$4.0B+20.2%	$3.6B+19.7%	$3.4B+32.8%	$3.4B+50.3%	$3.3B+76.6%	$3.0B+89.3%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

SMCI Cash Flow Statement

SMCI quarterly cash flow statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	-$6.8B-510.4%	$1.7B+166.8%	-$2.5B-474.6%	$663.6M+250.5%	-$440.8M-458.5%	$123.0M+505.3%	-$30.3M-111.6%	$262.6M+211.3%	$84.3M+187.7%	-$96.2M-189.1%	$108.0M+334.1%	-$46.1M-805.5%	$6.5M-51.9%	$13.6M-17.5%	$16.5M
Depreciation & Amortization	$53.0M+29.3%	$41.0M+36.2%	$30.1M+11.9%	$26.9M+8.5%	$24.8M-12.0%	$28.2M-1.0%	$28.5M+17.6%	$24.2M+10.8%	$21.8M+33.6%	$16.4M+23.2%	$13.3M+64.1%	$8.1M+27.2%	$6.4M-18.8%	$7.8M+10.8%	$7.1M
Stock-Based Compensation	$412.1M+31.1%	$314.5M+35.8%	$231.5M+325.3%	$54.4M+65.9%	$32.8M+14.9%	$28.5M+41.4%	$20.2M-4.7%	$21.2M-14.1%	$24.7M+25.4%	$19.7M+16.2%	$16.9M+17.3%	$14.4M+30.5%	$11.1M-2.6%	$11.4M+10.8%	$10.3M
Capital Expenditures	$162.0M+27.3%	$127.2M+2.4%	$124.3M+237.8%	$36.8M-18.6%	$45.2M-22.1%	$58.0M+30.8%	$44.3M+78.4%	$24.8M+0.1%	$24.8M-15.5%	$29.4M-13.9%	$34.1M-2.8%	$35.1M-13.5%	$40.6M+711.2%	$5.0M-79.9%	$24.9M
Free Cash Flow	-$7.0B-555.0%	$1.5B+158.7%	-$2.6B-516.4%	$626.8M+229.0%	-$486.0M-848.4%	$64.9M+187.0%	-$74.7M-131.4%	$237.7M+299.3%	$59.5M+147.4%	-$125.6M-269.9%	$73.9M+191.0%	-$81.2M-138.7%	-$34.0M-496.5%	$8.6M+202.2%	-$8.4M
Investing Cash Flow	-$200.3M-9.3%	-$183.2M+5.7%	-$194.2M-391.9%	-$39.5M+14.7%	-$46.3M+20.2%	-$58.0M-33.1%	-$43.6M-75.4%	-$24.8M+4.1%	-$25.9M+11.7%	-$29.4M+16.4%	-$35.1M+2.9%	-$36.2M+9.9%	-$40.2M-685.5%	-$5.1M+74.1%	-$19.7M
Financing Cash Flow	$9.5B+368.3%	$2.0B-48.3%	$3.9B+972.6%	-$448.3M-185.7%	$522.9M+1276.6%	-$44.4M-286.8%	$23.8M+124.8%	-$95.8M-88.5%	-$50.8M-188.1%	$57.7M+340.6%	$13.1M-83.6%	$80.0M+114.9%	$37.2M+889.4%	$3.8M-72.8%	$13.8M
Share Buybacks	$0-100.0%	$200.0M	$0-100.0%	$150.0M	$0-100.0%	$130.0M	$0	$0	$0-100.0%	$18.5M	$0	$0	N/A	N/A	N/A

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Operating Cash Flow	$747.0M-13.5%	-$6.6B-1155.5%	-$23.9M+90.0%	-$917.5M-324.4%	$863.6M+233.3%	$626.8M+141.4%	-$239.8M+59.7%	$408.9M+51.2%
Depreciation & Amortization	$14.6M+25.9%	$13.5M+23.9%	$12.8M+34.7%	$12.1M+34.4%	$11.6M+41.5%	$10.9M+43.4%	$9.5M+30.1%	$9.0M+28.6%
Stock-Based Compensation	N/A	$125.9M+48.7%	$90.5M+10.2%	$89.1M+39.2%	N/A	$84.7M+51.0%	$82.1M+90.7%	$64.0M+11.6%
Capital Expenditures	$28.2M+24.5%	$80.3M+145.5%	$21.2M-22.9%	$32.3M-27.2%	$22.7M+62.2%	$32.7M-64.8%	$27.5M+87.1%	$44.3M+1583.8%
Free Cash Flow	$718.7M-14.5%	-$6.7B-1227.1%	-$45.1M+83.1%	-$949.8M-360.5%	$840.9M+227.1%	$594.1M+137.0%	-$267.3M+56.2%	$364.6M+36.1%
Investing Cash Flow	-$24.5M+68.8%	-$97.3M-197.5%	-$46.2M-67.9%	-$32.3M+27.2%	-$78.7M-39.8%	-$32.7M+71.7%	-$27.5M-84.8%	-$44.3M-480.5%
Financing Cash Flow	$5.6B+201.3%	$3.9B+653.7%	$66.2M+117.1%	-$18.7M-137.4%	$1.8B+614.2%	$512.1M-83.0%	-$387.3M-148.9%	$49.9M+131.2%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SMCI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SMCI quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	10.8%-0.2pp	11.1%-2.7pp	13.8%-4.3pp	18.0%+2.6pp	15.4%+0.4pp	15.0%-0.7pp	15.8%+1.6pp	14.2%+1.4pp	12.8%-1.3pp	14.1%-0.8pp	14.8%-0.8pp	15.7%+0.3pp	15.4%+1.6pp	13.8%-2.6pp	16.3%
Operating Margin	7.1%+1.4pp	5.7%-2.4pp	8.1%-2.6pp	10.7%+4.2pp	6.5%+3.0pp	3.5%+0.9pp	2.6%-0.2pp	2.8%0.0pp	2.8%-1.0pp	3.8%-1.0pp	4.8%-2.0pp	6.8%+1.3pp	5.5%+3.1pp	2.3%-2.2pp	4.5%
Net Margin	5.7%+0.9pp	4.8%-2.9pp	7.7%-1.3pp	9.0%+3.5pp	5.5%+2.4pp	3.1%+0.6pp	2.5%+0.5pp	2.1%+0.7pp	1.4%-1.3pp	2.7%-0.5pp	3.2%-1.5pp	4.7%+1.0pp	3.7%+1.9pp	1.8%-1.1pp	2.9%
Return on Equity	15.4%-1.2pp	16.6%-4.6pp	21.3%-11.2pp	32.5%+12.4pp	20.0%+9.8pp	10.2%+2.3pp	7.9%+0.3pp	7.6%+2.2pp	5.5%-3.2pp	8.6%-1.7pp	10.3%-4.6pp	14.9%+3.4pp	11.6%+5.9pp	5.7%-3.1pp	8.8%
Return on Assets	7.4%0.0pp	7.5%-4.3pp	11.7%-5.7pp	17.4%+8.5pp	8.9%+3.9pp	5.0%+0.6pp	4.4%+0.1pp	4.3%+1.7pp	2.6%-1.8pp	4.4%-1.6pp	6.0%-2.4pp	8.5%+1.7pp	6.8%+3.4pp	3.4%-1.7pp	5.1%
Current Ratio	3.87-1.4x	5.25+1.4x	3.81+1.5x	2.31+0.4x	1.910.0x	1.93-0.3x	2.25-0.1x	2.35+0.5x	1.890.0x	1.88-0.5x	2.33+0.3x	2.01-0.1x	2.10-0.1x	2.170.0x	2.19
Debt-to-Equity	1.07-0.2x	1.22+0.4x	0.81+0.8x	0.060.0x	0.10+0.1x	0.030.0x	0.010.0x	0.00-1.1x	1.10+1.1x	0.00-0.1x	0.06+0.1x	0.000.0x	0.010.0x	0.020.0x	0.06
Asset Turnover	1.30-0.3x	1.570.0x	1.53-0.4x	1.94+0.3x	1.620.0x	1.59-0.2x	1.74-0.3x	2.08+0.2x	1.90+0.3x	1.64-0.2x	1.87+0.1x	1.790.0x	1.840.0x	1.84+0.1x	1.72
FCF Margin	-17.8%-24.8pp	7.0%+24.4pp	-17.4%-26.2pp	8.8%+18.1pp	-9.3%-11.2pp	1.8%+4.1pp	-2.2%-9.0pp	6.8%+5.0pp	1.8%+6.8pp	-5.1%-8.4pp	3.3%+7.5pp	-4.2%-1.8pp	-2.3%-3.1pp	0.7%+1.6pp	-0.8%

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Gross Margin	17.5%+8.0pp	10.0%+0.4pp	6.3%-5.5pp	9.3%-3.7pp	9.4%-0.7pp	9.6%-6.0pp	11.8%-3.6pp	13.1%-3.6pp
Operating Margin	13.4%+9.4pp	6.1%+2.9pp	3.7%-2.7pp	3.6%-5.0pp	4.0%-1.4pp	3.2%-6.6pp	6.5%-3.7pp	8.6%+0.4pp
Net Margin	10.6%+7.2pp	4.7%+2.4pp	3.2%-2.5pp	3.4%-3.8pp	3.4%-2.2pp	2.4%-8.1pp	5.7%-2.4pp	7.1%-0.3pp
Return on Equity	8.1%+5.0pp	6.4%+4.7pp	5.7%+0.6pp	2.6%-4.6pp	3.1%-2.4pp	1.7%-6.2pp	5.1%-4.5pp	7.2%0.0pp
Return on Assets	3.9%+2.5pp	2.1%+1.1pp	1.4%-1.9pp	1.2%-2.7pp	1.4%-1.6pp	1.0%-3.5pp	3.3%-2.2pp	3.9%+0.1pp
Current Ratio	3.87-1.4x	2.66-4.0x	1.70-4.7x	5.39+2.0x	5.25+1.4x	6.66+2.0x	6.38+4.0x	3.43+1.2x
Debt-to-Equity	1.07-0.2x	2.10+1.4x	3.00+2.4x	1.21+0.4x	1.22+0.4x	0.68+0.7x	0.56+0.5x	0.85+0.8x
Asset Turnover	0.370.0x	0.440.0x	0.45-0.1x	0.35-0.2x	0.41-0.1x	0.430.0x	0.58-0.1x	0.550.0x
FCF Margin	6.5%-8.2pp	-65.4%-78.3pp	-0.4%+4.4pp	-18.9%-25.1pp	14.6%+27.0pp	12.9%+54.6pp	-4.7%+11.9pp	6.1%-6.5pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Super Micro Computer, Inc. SMCI	FY2026	$39.1B	$2.2B	5.7%	$29.5B	62/100
Everpure, Inc. PSTG	FY2026	$3.7B	$188.2M	5.1%	$22.4B	50/100
HP Inc. HPQ	FY2025	$55.3B	$2.5B	4.6%	$29.1B	48/100
Western Digital Corp. WDC	FY2026	$12.9B	$9.4B	73.0%	$151.8B	75/100
Seagate Technology Holdings plc STX	FY2026	$12.2B	$3.2B	26.1%	$183.6B	75/100
Logitech International SA LOGI	FY2026	$4.8B	$711.2M	14.7%	$14.6B	72/100

Where Super Micro Computer, Inc. Ranks

Frequently Asked Questions

What is Super Micro Computer, Inc.'s annual revenue?

Super Micro Computer, Inc. (SMCI) reported $39.1B in total revenue for fiscal year 2026. This represents a 77.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Super Micro Computer, Inc.'s revenue growing?

Super Micro Computer, Inc. (SMCI) revenue grew by 77.8% year-over-year, from $22.0B to $39.1B in fiscal year 2026.

Is Super Micro Computer, Inc. profitable?

Yes, Super Micro Computer, Inc. (SMCI) reported a net income of $2.2B in fiscal year 2026, with a net profit margin of 5.7%.

What is Super Micro Computer, Inc.'s EBITDA?

Super Micro Computer, Inc. (SMCI) had EBITDA of $2.8B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Super Micro Computer, Inc.'s gross margin?

Super Micro Computer, Inc. (SMCI) had a gross margin of 10.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Super Micro Computer, Inc.'s operating margin?

Super Micro Computer, Inc. (SMCI) had an operating margin of 7.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Super Micro Computer, Inc.'s net profit margin?

Super Micro Computer, Inc. (SMCI) had a net profit margin of 5.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Super Micro Computer, Inc.'s return on equity (ROE)?

Super Micro Computer, Inc. (SMCI) has a return on equity of 15.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Super Micro Computer, Inc.'s free cash flow?

Super Micro Computer, Inc. (SMCI) recorded an outflow of $7.0B in free cash flow during fiscal year 2026. This represents a -555.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Super Micro Computer, Inc.'s operating cash flow?

Super Micro Computer, Inc. (SMCI) recorded an outflow of $6.8B in operating cash flow during fiscal year 2026, representing cash used by core business activities.

What are Super Micro Computer, Inc.'s total assets?

Super Micro Computer, Inc. (SMCI) had $29.9B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Super Micro Computer, Inc.'s capital expenditures?

Super Micro Computer, Inc. (SMCI) invested $162.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Super Micro Computer, Inc. spend on research and development?

Super Micro Computer, Inc. (SMCI) invested $771.2M in research and development during fiscal year 2026.

How many shares does Super Micro Computer, Inc. have outstanding?

Super Micro Computer, Inc. (SMCI) had 657M shares outstanding as of fiscal year 2026.

What is Super Micro Computer, Inc.'s current ratio?

Super Micro Computer, Inc. (SMCI) had a current ratio of 3.87 as of fiscal year 2026, which is generally considered healthy.

What is Super Micro Computer, Inc.'s debt-to-equity ratio?

Super Micro Computer, Inc. (SMCI) had a debt-to-equity ratio of 1.07 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Super Micro Computer, Inc.'s return on assets (ROA)?

Super Micro Computer, Inc. (SMCI) had a return on assets of 7.4% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Super Micro Computer, Inc.'s P/E ratio?

Super Micro Computer, Inc. (SMCI) trades at 13.2x earnings, its market capitalization divided by net income of $2.2B net income, FY2026. The market capitalization is $29.5B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Super Micro Computer, Inc.'s price-to-sales ratio?

Super Micro Computer, Inc. (SMCI) trades at 0.8x sales, its market capitalization divided by revenue of $39.1B revenue, FY2026. The market capitalization is $29.5B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Super Micro Computer, Inc.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2026, Super Micro Computer, Inc. (SMCI) held $7.7B in cash, cash equivalents and investments, and reported an operating cash outflow of $6.8B over that year. Dividing the one by the other, the reported balance equals about 14 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Super Micro Computer, Inc.'s Altman Z-Score?

Super Micro Computer, Inc. (SMCI) has an Altman Z-Score of 3.84, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Super Micro Computer, Inc.'s Piotroski F-Score?

Super Micro Computer, Inc. (SMCI) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Super Micro Computer, Inc.'s earnings high quality?

For every $1 of reported earnings, Super Micro Computer, Inc. (SMCI) used $3.05 of operating cash (-$6.8B OCF vs $2.2B net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Super Micro Computer, Inc. cover its interest payments?

Super Micro Computer, Inc. (SMCI) has an interest coverage ratio of 14.24x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Super Micro Computer, Inc.?

Super Micro Computer, Inc. (SMCI) scores 62 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.