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Super Micro Computer, Inc. (SMCIP) Financials

SMCIP
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
Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported 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 SMCIP SEC filings page.

Super Micro Computer, Inc. (SMCIP) 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 SMCIP FY2026

Rapid expansion is profitable on paper, but FY2026 growth absorbed cash into working capital and required substantial financing.

In FY2026, net income reached $2.23B while operating cash flow was -$6.81B, showing that accounting profit did not convert into cash. That divergence coincided with inventory and receivables more than doubling from FY2025, indicating expansion is tying up cash before it reaches the income statement.

Revenue scaled from $21.97B in FY2025 to $39.06B in FY2026, but gross margin stayed near 11%, limiting evidence of a broad mix or pricing shift. Operating margin rose to 7.1% from 5.7% in FY2025, so scale and operating-cost absorption explain more of the profit improvement.

Current ratio remained 3.9x in FY2026, giving short-term assets substantial coverage of current obligations. Debt-to-equity increased sharply to 1.1x, while negative free cash flow and $9.5B of financing inflow show expansion was funded partly outside internally generated cash.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Super Micro Computer, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

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

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.

SMCIP 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.

SMCIP quarterly income statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-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/A692M+11.3%694M+9.1%663M+3.8%N/A622M636M639M

SMCIP Balance Sheet

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.

SMCIP quarterly balance sheet
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-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.

SMCIP Cash Flow 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.

SMCIP quarterly cash flow statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-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 CompensationN/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.

SMCIP 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.

SMCIP quarterly financial ratios
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Gross Margin17.5%+8.0pp10.0%+0.4pp6.3%-5.5pp9.3%-3.7pp9.4%-0.7pp9.6%-6.0pp11.8%-3.6pp13.1%-3.6pp
Operating Margin13.4%+9.4pp6.1%+2.9pp3.7%-2.7pp3.6%-5.0pp4.0%-1.4pp3.2%-6.6pp6.5%-3.7pp8.6%+0.4pp
Net Margin10.6%+7.2pp4.7%+2.4pp3.2%-2.5pp3.4%-3.8pp3.4%-2.2pp2.4%-8.1pp5.7%-2.4pp7.1%-0.3pp
Return on Equity8.1%+5.0pp6.4%+4.7pp5.7%+0.6pp2.6%-4.6pp3.1%-2.4pp1.7%-6.2pp5.1%-4.5pp7.2%0.0pp
Return on Assets3.9%+2.5pp2.1%+1.1pp1.4%-1.9pp1.2%-2.7pp1.4%-1.6pp1.0%-3.5pp3.3%-2.2pp3.9%+0.1pp
Current Ratio3.87-1.4x2.66-4.0x1.70-4.7x5.39+2.0x5.25+1.4x6.66+2.0x6.38+4.0x3.43+1.2x
Debt-to-Equity1.07-0.2x2.10+1.4x3.00+2.4x1.21+0.4x1.22+0.4x0.68+0.7x0.56+0.5x0.85+0.8x
Asset Turnover0.370.0x0.440.0x0.45-0.1x0.35-0.2x0.41-0.1x0.430.0x0.58-0.1x0.550.0x
FCF Margin6.5%-8.2pp-65.4%-78.3pp-0.4%+4.4pp-18.9%-25.1pp14.6%+27.0pp12.9%+54.6pp-4.7%+11.9pp6.1%-6.5pp

Frequently Asked Questions

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

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

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

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

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

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

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

Super Micro Computer, Inc. (SMCIP) 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.

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

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

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

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

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

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

Super Micro Computer, Inc. (SMCIP) 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.

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

At the end of fiscal year 2026, Super Micro Computer, Inc. (SMCIP) 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.

Super Micro Computer, Inc. (SMCIP) 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.

For every $1 of reported earnings, Super Micro Computer, Inc. (SMCIP) 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.

Super Micro Computer, Inc. (SMCIP) 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.

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