Super Micro Computer Inc

Latest Results (31.08.2026):

Super Micro Computer, Inc. reported preliminary, unaudited results for the fourth quarter of fiscal year 2026 (Q4 FY2026). The company delivered $11.1 billion in net sales, strong net income of $1.178 billion (diluted EPS $1.62), and materially improved margins, while reporting record backlog and more than $60 billion in new orders; results and guidance are preliminary and subject to change.

Revenue

Q4 FY2026 net sales were $11.12 billion, up from $5.76 billion in Q4 FY2025 and $10.2 billion in Q3 FY2026. Full-year FY2026 net sales were $39.06 billion versus $22.0 billion in FY2025.

Profitability

Q4 FY2026 GAAP net income was $1,178 million and diluted GAAP EPS was $1.62 (Q4 FY2025: $195 million / $0.31). Full-year GAAP net income was $2.23 billion, or $3.26 diluted per share.

Margins and Adjusted Results

Q4 GAAP gross margin was 17.5% (non‑GAAP gross margin 17.6% after $9 million of stock‑based compensation adjustment). Q4 Adjusted EBITDA was $1.67 billion (15.0% of sales). Full‑year non‑GAAP diluted EPS was $3.63.

Cash, Liquidity and Balance Sheet

As of June 30, 2026, cash and cash equivalents were about $7.5 billion. Total bank debt plus convertible notes were reported at $8.7 billion. Inventories rose to $12.9 billion and total assets to about $29.95 billion.

Cash Flow (Quarter & Year)

Cash flow provided by operations in Q4 FY2026 was $747 million. For the full fiscal year FY2026, operating activities showed significant working capital build (reported preliminary net cash used in operations for the year in the statement), while financing activities provided net proceeds supporting liquidity.

Orders, Backlog and Business Momentum

Management said the company booked more than $60 billion in new orders over the past year and entered FY2027 with a record backlog, citing strength from enterprise customers and AI/IT demand and adoption of its Data Center Building Block Solutions® (DCBBS).

Outlook

Q1 FY2027 guidance: net sales $14.5–$15.5 billion, GAAP diluted EPS $0.89–$0.98 and non‑GAAP diluted EPS $1.01–$1.10 (assumptions include ~20.1–20.5% tax rates and ~745–761 million fully diluted shares). FY2027 sales guidance: $65.0–$72.0 billion.

Non‑GAAP Adjustments & Disclosures

Non‑GAAP measures exclude stock‑based compensation (Q4 SBC ~$106.6 million total; $9 million in cost of sales), and the release notes results are preliminary and unaudited. The company also disclosed an independent board review related to export‑control issues that could affect results or forecasts.