Every 10-Q that Super Micro Computer, Inc. (SMCI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SMCI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SMCI filings page.
Super Micro Computer, Inc. reported very strong growth for the quarter ended March 31, 2026. Net sales jumped to $10.24 billion from $4.60 billion a year earlier, driven largely by U.S. customers, which represented 68.7% of total revenue. Quarterly net income rose to $483.4 million from $108.8 million, with diluted EPS increasing to $0.72.
For the first nine months of fiscal 2026, net sales reached $27.94 billion versus $16.22 billion, and net income grew to $1.05 billion from $853.7 million. The company is investing heavily in growth, with inventories rising to $11.10 billion and accounts receivable to $8.41 billion, contributing to $7.56 billion of net cash used in operating activities over nine months.
To support this expansion, Super Micro significantly increased borrowings, ending the quarter with $4.11 billion in lines of credit and term loans and $4.66 billion in convertible notes, while cash and cash equivalents declined to $1.29 billion. The company also entered into a $1.79 billion receivables purchase program and added large new revolving credit facilities, indicating an aggressive balance of rapid growth and higher leverage.
Super Micro Computer, Inc. reported very strong growth for the quarter ended December 31, 2025, with net sales of $12.68 billion, up from $5.68 billion a year earlier, and net income of $400.6 million versus $320.6 million.
For the first six months, net income was $568.8 million compared with $744.9 million in the prior year period, as higher costs and inventory write-downs weighed on results. Operating cash flow turned negative at $(941.4) million, driven by a sharp increase in accounts receivable to $11.00 billion and inventories to $10.60 billion.
Total assets rose to $28.0 billion and stockholders’ equity to $6.99 billion, while liabilities reached $21.01 billion, including $4.65 billion of convertible notes and $223.2 million of bank lines and term loans. Sales are highly concentrated, with Customer A representing 62.6% of quarterly net sales and 71.6% of accounts receivable, and 86.2% of quarterly revenue coming from the United States.
Super Micro Computer (SMCI) reported Q1 FY2026 results with net sales of $5,017.8 million, down from $5,937.3 million a year ago. Gross profit was $467.4 million versus $775.6 million, and net income was $168.3 million compared with $424.3 million. Diluted EPS was $0.26, down from $0.67.
Operating cash flow was $(917.5) million as inventories rose to $5,730.0 million from $4,680.4 million, while cash and equivalents ended at $4,199.3 million. Current deferred revenue increased to $597.3 million from $368.7 million, with non‑current deferred revenue at $430.7 million. Interest expense rose to $24.9 million, partly reflecting three series of convertible notes with a combined carrying value of $4,649.9 million.
Sales mix shifted geographically: the United States contributed 36.6% of revenue, while Malaysia and Indonesia accounted for 22.2% and 11.5%, respectively. The company recorded $36.2 million in excess and obsolete inventory write‑downs and a $12.0 million impairment on non‑marketable securities. SMCI also established an uncommitted $1,790.0 million Receivables Purchase Agreement; no receivables had been sold as of September 30, 2025.