Super Micro Computer
What matters nowUpdated 5 h ago
- Latest development: Supermicro filed a Form 8-K on October 8, 2026 reporting a director or officer change, covering an event dated October 7 1. The company's FY2026 annual report (10-K, filed August 31, 2026) is the most recent full-year filing 2.
- Recent trading: The pooled 24/7 venue price was $39.01 on October 13, 2026, down 1.49% from the $39.60 previous close. Recent large moves were -5.74% on October 12, -5.11% on October 8 (the day of the 8-K filing 1), +4.03% on October 2, -5.26% on September 28 and +4.31% on September 25.
- Key numbers: Fiscal 2026 net sales were $39.1 billion, up 78% from $22.0 billion, with a gross margin of 10.8%, operating margin of 7.1% and net margin of 5.7%. Trailing EPS is $3.25, giving a P/E of 12.0, an EV/EBITDA of 9.1 and a market cap of $25.6 billion, while trailing free cash flow was -$7.0 billion.
- Positioning: Insiders made six sales totalling 600,000 shares, worth $24.4 million, in the last 180 days, all of them planned sales, and recorded no insider purchases over the same period.
- Context: Federal prosecutors unsealed an indictment in March 2026 charging three people tied to the company with diverting AI servers to China. The company says it was not named as a defendant, and its Board is reviewing certain transactions; export-control investigations and the Board review are listed as ongoing catalysts.
- What is next: Q1 fiscal 2027 results are estimated for November 4, 2026 (not yet confirmed), and quarterly options expiration falls on December 18, 2026. Ahead of that, the September CPI print is due October 14, 2026 at 12:30 UTC, and Polymarket odds put a no-change decision at the October 2026 Fed meeting at 81.5%, with a 25 bp increase at 17.5%.
Super Micro Computer builds servers, storage, networking and rack-scale data center systems, with a focus on AI and high-performance computing. Fiscal 2026 (ended June 30, 2026) net sales were $39.1 billion, up 78% from $22.0 billion. The company is under U.S. export-control scrutiny: in March 2026 federal prosecutors unsealed an indictment charging three people tied to the company with diverting AI servers to China. The company says it was not named as a defendant, and its Board is reviewing certain transactions. The fiscal 2026 annual report says internal control over financial reporting was not effective.
How it makes money
Supermicro sells complete servers, storage, networking and rack-scale AI systems, plus its Data Center Building Block Solutions (DCBBS) data center infrastructure and management software. Most revenue comes from hardware sold at thin margins to large cloud, enterprise and OEM customers, through a direct sales force and through distributors, resellers and system integrators. Services and software are a small share, $538.3 million in fiscal 2026. Gross margin was 10.8% for fiscal 2026.
Last 12 monthsChart & venues →
Valuation & fundamentalsFull financials →
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Biggest businessesAll products & projects →
AI GPU servers and Super Racks
Main revenue driver. Hyper Servers, GPU and Super Racks sales rose 83.4% in fiscal 2026, and the company guides fiscal 2027 net sales to $65 billion to $72 billion.
Next: Fiscal 2027 year end · 2027-06-30
Blackwell Ultra systems
The CEO cited more than $13 billion of Blackwell Ultra orders in November 2025, the order book behind the current growth.
Data Center Building Block Solutions and DLC-2 liquid cooling
Supermicro's DCBBS blueprint for Vera Rubin NVL4 was announced June 22, 2026, with direct-to-chip liquid cooling.
Storage and networking systems
Sold with servers as part of complete IT systems. Supermicro does not report this line's revenue separately.
Latest newsAll news →
Super Micro fiscal 2026 sales reach $39.1 billion; fiscal 2027 guided to $65-72 billion with Q1 at $14.5-15.5 billion
Super Micro reported fourth-quarter fiscal 2026 net sales of $11.1 billion, with gross margin of 17.5% and net income of $1.18 billion.
Two Super Micro Taiwan employees detained in Keelung probe of AI server exports; company says it is not a target
Taiwanese prosecutors in Keelung questioned four Super Micro Taiwan-unit employees in an investigation into alleged illegal export of Nvidia-equipped AI servers.
Super Micro proposes $7.0 billion of equity and equity-linked financing to fund about $39 billion of AI server orders
Super Micro proposed about $7.0 billion of equity and equity-linked financing to buy components for roughly $39 billion of advanced AI server orders from more than 20 customers.
Super Micro launches 12 server platforms built on Intel Xeon 6+ processors
Super Micro launched 12 new server platforms built for Intel Xeon 6+ processors, spanning its Hyper, SuperBlade, FlexTwin and GrandTwin families.
Super Micro names Matthew Thauberger Chief Revenue Officer as Don Clegg retires
Super Micro appointed Matthew Thauberger as Chief Revenue Officer, putting him in charge of the global revenue organization across direct, channel, hyperscale and strategic sales for its AI and infrastructure products.
Super Micro fiscal Q3 2026 sales fall to $10.2 billion; Q4 guided to $11.0-12.5 billion
Super Micro reported net sales of $10.2 billion for the quarter ended March 31, 2026.
Products & businesses
AI GPU servers and Super Racks
Main revenue driver. Hyper Servers, GPU and Super Racks sales rose 83.4% in fiscal 2026, and the company guides fiscal 2027 net sales to $65 billion to $72 billion.
Next: Fiscal 2027 year end · 2027-06-30
Blackwell Ultra systems
The CEO cited more than $13 billion of Blackwell Ultra orders in November 2025, the order book behind the current growth.
Data Center Building Block Solutions and DLC-2 liquid cooling
Supermicro's DCBBS blueprint for Vera Rubin NVL4 was announced June 22, 2026, with direct-to-chip liquid cooling.
Storage and networking systems
Sold with servers as part of complete IT systems. Supermicro does not report this line's revenue separately.
Services and software
Services and software sales were $538.3 million in fiscal 2026, up from $330.5 million in fiscal 2025.
What it's building next
Segments
| Segment | Revenue | Share | |
|---|---|---|---|
| Server and storage systems Complete AI and enterprise servers, rack-scale systems including GB200 and GB300 racks, storage and networking, sold to cloud, enterprise and OEM customers. Hyper Servers, GPU and Super Racks sales rose $15.3 billion, or 83.4%, in fiscal 2026. | $38.52B | 98.6% | |
| Services and software Support, services and management software sold with Supermicro systems. Sales rose to $538.3 million in fiscal 2026 from $330.5 million in fiscal 2025. | $538.3M | 1.4% |
Fiscal FY2026 · from the annual report
Valuation & fundamentals
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price.
Financial statements
| Metric | TTM | Q4 FY2026 2026-06-30 | Q3 FY2026 2026-03-31 | Q2 FY2026 2025-12-31 | Q1 FY2026 2025-09-30 | Q4 FY2025 2025-06-30 | Q3 FY2025 2025-03-31 | Q2 FY2025 2024-12-31 | Q1 FY2025 2024-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.06B | $11.12Bd +93% | $10.24B +123% | $12.68B +123% | $5.02B -15% | $5.76Bd +8% | $4.60B +19% | $5.68B +55% | $5.94B +180% |
| Gross profit | $4.23B | $1.94Bd +257% | $1.02B +131% | $798.6M +19% | $467.4M -40% | $544.1Md -0% | $440.2M -26% | $670.0M +19% | $775.6M +119% |
| Operating income | $2.77B | $1.49Bd +552% | $625.9M +326% | $474.3M +29% | $182.3M -64% | $228.4Md -21% | $146.8M -61% | $368.6M -1% | $509.2M +195% |
| Net income | $2.23B | $1.18Bd +504% | $483.4M +344% | $400.6M +25% | $168.3M -60% | $195.2Md -34% | $108.8M -73% | $320.6M +8% | $424.3M +170% |
| EPS (diluted) | $3.25 | $1.67d +439% | $0.72 +324% | $0.60 +18% | $0.26 -61% | $0.31d -34% | $0.17 -74% | $0.51 +0% | $0.67 +148% |
| Operating cash flow | −$6.81B | $747.0Md -14% | −$6.62Bd -1155% | −$23.9Md | −$917.5M -324% | $863.6Md | $626.8Md | −$239.8Md | $408.9M +51% |
| Capital expenditure | $162.0M | $28.2Md +24% | $80.3Md +145% | $21.2Md -23% | $32.3M -27% | $22.7Md +62% | $32.7Md -65% | $27.5Md +87% | $44.3M +1584% |
| Share buybacks | — | — | — | — | — | — | — | — | — |
| Cash & equivalents | $7.52B | $7.52B | $1.29B | $4.09B | $4.20B | $5.17B | $2.54B | $1.43B | $2.09B |
| Total debt | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 656.9M | 656.9M | 601.4M | 598.9M | 596.8M | 594.1M | 596.8M | 593.5M | 591.0M |
| Metric | FY2026 2026-06-30 | FY2025 2025-06-30 | FY2024 2024-06-30 | FY2023 2023-06-30 | FY2022 2022-06-30 |
|---|---|---|---|---|---|
| Revenue | $39.06B +78% | $21.97B +47% | $14.99B +110% | $7.12B +37% | $5.20B |
| Cost of revenue | $34.84B +78% | $19.54B +51% | $12.93B +121% | $5.84B +33% | $4.40B |
| Gross profit | $4.23B +74% | $2.43B +18% | $2.06B +61% | $1.28B +60% | $800.0M |
| Research & development | $771.2M +21% | $636.5M +37% | $463.5M +51% | $307.3M +13% | $272.3M |
| Operating income | $2.77B +121% | $1.25B +3% | $1.21B +59% | $761.1M +127% | $335.2M |
| EBIT | $2.77B +121% | $1.25B +3% | $1.21B +59% | $761.1M +127% | $335.2M |
| Depreciation & amortization | $53.0M +29% | $41.0M +36% | $30.1M +12% | $26.9M +8% | $24.8M |
| Interest expense | $194.6M +227% | $59.6M +208% | $19.4M +84% | $10.5M +64% | $6.4M |
| Income tax | $556.3M +255% | $156.9M +148% | $63.3M -43% | $110.7M +109% | $52.9M |
| Net income | $2.23B +113% | $1.05B -9% | $1.15B +80% | $640.0M +124% | $285.2M |
| EPS (diluted) | $3.26 +94% | $1.68 -13% | $1.92 +68% | $1.14 +115% | $0.53 |
| Diluted shares (weighted) | 697.3M | 628.4M | 602.1M | 559.7M | 536.2M |
| Operating cash flow | −$6.81B -510% | $1.66B | −$2.49B -475% | $663.6M | −$440.8M |
| Capital expenditure | $162.0M +27% | $127.2M +2% | $124.3M +238% | $36.8M -19% | $45.2M |
| Share buybacks | — | — | — | — | — |
| Cash & equivalents | $7.52B | $5.17B | $1.67B | $440.5M | $267.4M |
| Long-term debt (incl. current portion) | — | — | — | $120.2M | $147.6M |
| Total debt | — | — | — | $290.3Md | $596.8Md |
| Total assets | $29.95B | $14.02B | $9.83B | $3.67B | $3.21B |
| Total liabilities | $15.47B | $7.72B | $4.41B | $1.70B | $1.78B |
| Shareholders' equity | $14.48B | $6.30B | $5.42B | $1.97B | $1.43B |
| Shares outstanding | 656.9M | 594.1M | 588.1M | 529.0M | 52.3M |
From XBRL data in SEC filings. Small figures under each value: change vs the same period a year earlier. d = derived (e.g. Q4 = full year − first nine months).
NewsFull archive →
Super Micro fiscal 2026 sales reach $39.1 billion; fiscal 2027 guided to $65-72 billion with Q1 at $14.5-15.5 billion
Super Micro reported fourth-quarter fiscal 2026 net sales of $11.1 billion, with gross margin of 17.5% and net income of $1.18 billion.
Two Super Micro Taiwan employees detained in Keelung probe of AI server exports; company says it is not a target
Taiwanese prosecutors in Keelung questioned four Super Micro Taiwan-unit employees in an investigation into alleged illegal export of Nvidia-equipped AI servers.
Super Micro proposes $7.0 billion of equity and equity-linked financing to fund about $39 billion of AI server orders
Super Micro proposed about $7.0 billion of equity and equity-linked financing to buy components for roughly $39 billion of advanced AI server orders from more than 20 customers.
Super Micro launches 12 server platforms built on Intel Xeon 6+ processors
Super Micro launched 12 new server platforms built for Intel Xeon 6+ processors, spanning its Hyper, SuperBlade, FlexTwin and GrandTwin families.
Super Micro names Matthew Thauberger Chief Revenue Officer as Don Clegg retires
Super Micro appointed Matthew Thauberger as Chief Revenue Officer, putting him in charge of the global revenue organization across direct, channel, hyperscale and strategic sales for its AI and infrastructure products.
Super Micro fiscal Q3 2026 sales fall to $10.2 billion; Q4 guided to $11.0-12.5 billion
Super Micro reported net sales of $10.2 billion for the quarter ended March 31, 2026.
Super Micro's independent directors open an investigation into the March export-control indictment
Super Micro confirmed that two independent directors, Lead Independent Director Scott Angel and Audit Committee Chair Tally Liu, are leading an investigation into the March indictment of three people formerly tied to the company.
Super Micro shares fall 8% after co-founder is charged in $2.5 billion AI server export case
Super Micro shares fell about 8% after the U.S.
Super Micro puts two employees on leave and ends contractor relationship after export-control indictment
Super Micro said it was told that day that the indictment had been unsealed and that it was not named as a defendant.
Super Micro reports fiscal Q2 2026 sales of $12.7 billion and guides Q3 to at least $12.3 billion
Super Micro reported net sales of $12.7 billion for the quarter ended December 31, 2025, sharply higher than a year earlier.
Super Micro expands edge and desktop lineup, including a GB300-based Super AI Station
At CES in Las Vegas, Super Micro added NVIDIA, Intel and AMD-powered edge, desktop and client systems.
Supermicro reports fiscal Q1 2026 results: revenue $5.02B, down 15% from a year earlier
Supermicro filed a Form 8-K with the SEC on Nov 4, 2025, 4:08 PM ET, reporting an event dated Nov 4, 2025.
SEC filings
| Oct 9, 26 | 4 | Form 4: Liu Liang Chiu-Chu Sara (Director, 10% Owner) — open-market sale 100,000 sh | sec.gov ↗ |
| Oct 9, 26 | 4 | Form 4: Liang Charles (President and CEO, Director, 10% Owner) — open-market sale 100,000 sh | sec.gov ↗ |
| Oct 8, 26 | 8-K | 8-K: Director/Officer Change (Item 5.02) | sec.gov ↗ |
| Oct 7, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 8, 26 | 4 | Form 4: Liang Charles (President and CEO, Director, 10% Owner) — open-market sale 200,000 sh | sec.gov ↗ |
| Sep 8, 26 | 4 | Form 4: Liu Liang Chiu-Chu Sara (Director, 10% Owner) — open-market sale 200,000 sh | sec.gov ↗ |
| Sep 4, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 3, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Aug 31, 26 | 4 | Form 4: WEIGAND DAVID E (SVP, Chief Financial Officer) — derivative/holdings only | sec.gov ↗ |
| Aug 31, 26 | 4 | Form 4: Malyala Vikranth (SVP, Chief Business Officer) — derivative/holdings only | sec.gov ↗ |
| Aug 31, 26 | 4 | Form 4: Xiao Jin (Sr. Corporate VP, Engineering) — derivative/holdings only | sec.gov ↗ |
| Aug 31, 26 | 10-K | 10-K: Annual report for the fiscal year ended Jun 30, 2026 | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Xiao Jin (Sr. Corporate VP, Engineering) — option exercise 4,000 sh, tax withholding 1,436 sh | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: WEIGAND DAVID E (SVP, Chief Financial Officer) — option exercise 6,500 sh, tax withholding 3,308 sh | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Thauberger Matthew (Chief Revenue Officer) — option exercise 2,250 sh, tax withholding 1,145 sh | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Malyala Vikranth (SVP, Chief Business Officer) — option exercise 6,000 sh, tax withholding 3,053 sh | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Liang Charles (President and CEO, Director, 10% Owner) — option exercise 3,650 sh, tax withholding 1,970 sh | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Liu Liang Chiu-Chu Sara (Director, 10% Owner) — option exercise 3,650 sh, tax withholding 1,970 sh | sec.gov ↗ |
| Aug 19, 26 | 4 | Form 4: Cheung Kenneth (SVP, Chief Accounting Officer) — option exercise 2,250 sh, tax withholding 808 sh | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: Thauberger Matthew (Chief Revenue Officer) — derivative/holdings only | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: LIU TALLY C (Director) — derivative/holdings only | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: TUAN SHERMAN (Director) — derivative/holdings only | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: BLAIR ROBERT L (Director) — derivative/holdings only | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: Mogensen Susan (Director) — derivative/holdings only | sec.gov ↗ |
| Aug 18, 26 | 4 | Form 4: Lin Judy L. (Director) — derivative/holdings only | sec.gov ↗ |
Insider trades, 12 months
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-07 | Liang Charles President and CEO, Director, 10% Owner | Sale 10b5-1 plan | 100.0K | $45.02 | $4.5M |
| 2026-10-07 | Liu Liang Chiu-Chu Sara Director, 10% Owner | Sale 10b5-1 plan | 100.0K | $45.02 | $4.5M |
| 2026-09-04 | Liu Liang Chiu-Chu Sara Director, 10% Owner | Sale 10b5-1 plan | 100.0K | $40.00 | $4.0M |
| 2026-09-04 | Liang Charles President and CEO, Director, 10% Owner | Sale 10b5-1 plan | 100.0K | $40.00 | $4.0M |
| 2026-09-03 | Liu Liang Chiu-Chu Sara Director, 10% Owner | Sale 10b5-1 plan | 100.0K | $37.19 | $3.7M |
| 2026-09-03 | Liang Charles President and CEO, Director, 10% Owner | Sale 10b5-1 plan | 100.0K | $37.19 | $3.7M |