Super Micro Computer, Inc.'s Stock Analysis

Senior VP to Retire; Consultant Agreement Established

Mr. Don Clegg, Senior Vice President of Worldwide Sales at Super Micro Computer, will retire on May 15, 2026. His departure is not due to any disagreements regarding the company's operations or policies. To ensure a smooth transition, Mr. Clegg will continue to provide consulting services under a new Independent Contractor Agreement.

The Independent Contractor Agreement, effective May 16, 2026, stipulates that Mr. Clegg will serve as a consultant for a term of six months at a monthly fee of $19,450. This agreement aims to facilitate the transition process following his retirement.

May 18, 2026 16:05:34

Super Micro Computer Reports Q3 2026 Financial Results

Super Micro Computer, Inc. announced its financial results for the third quarter of fiscal year 2026, reporting net sales of $10.2 billion, a decrease from $12.7 billion in the previous quarter but an increase from $4.6 billion in the same quarter last year. The company achieved a gross margin of 9.9% and a net income of $483 million, compared to $401 million in the prior quarter and $109 million a year earlier. Diluted net income per share was $0.72, up from $0.60 in Q2 2026 and $0.17 in Q3 2025. As of March 31, 2026, Super Micro held $1.3 billion in cash and equivalents against total bank debt of $8.8 billion.

For the upcoming fourth quarter of fiscal year 2026, Super Micro projects net sales between $11.0 billion and $12.5 billion, and GAAP net income per diluted share between $0.53 and $0.67. The company also expects non-GAAP net income per diluted share to range from $0.65 to $0.79. These projections are based on a tax rate of approximately 19.4% to 20.4% and a fully diluted share count of 695 million for GAAP and 712 million for non-GAAP calculations. The company is undergoing an independent review related to export-control issues, which may impact future forecasts.

May 05, 2026 16:08:27

Super Micro Computer Approves Key Compensation Plan Amendments

At the Annual Meeting of Stockholders held on April 15, 2026, Super Micro Computer's stockholders approved the amendment and restatement of the 2020 Equity and Incentive Compensation Plan. This plan allows the Compensation Committee to grant various forms of compensation, including cash awards and equity-based compensation, to non-employee directors, officers, employees, and certain consultants. A total of 118,000,000 shares of common stock are available for awards under the plan, with 15,000,000 shares newly approved at the meeting.

The stockholders also voted on several other proposals during the meeting. Three Class I Directors, Charles Liang, Tally Liu, and Sherman Tuan, were elected to serve until the annual meeting following fiscal year 2028. Additionally, a non-binding advisory resolution on the compensation of named executive officers was approved, along with the ratification of BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending June 30, 2026.

Apr 20, 2026 16:05:20

Super Micro Computer Indictment Involves Key Executives and Compliance Changes

Super Micro Computer, Inc. announced that three individuals associated with the company have been indicted for alleged export-control violations. The indicted individuals include Yih-Shyan 'Wally' Liaw, the Senior Vice President of Business Development and a board member, along with two others. The company has placed the two employees on administrative leave and terminated its relationship with the contractor involved. Super Micro is not named as a defendant in the indictment and is cooperating with the ongoing investigation.

In light of these developments, Mr. Liaw has resigned from the board, effective immediately. The company has appointed DeAnna Luna as the acting Chief Compliance Officer, who has extensive experience in global trade compliance. The board remains unchanged in its structure, with eight directors continuing to serve. Super Micro emphasizes its commitment to compliance with U.S. export laws and regulations.

Mar 20, 2026 17:11:06

Super Micro Computer Reports Q2 Fiscal 2026 Financial Results

Super Micro Computer, Inc. announced its financial results for the second quarter of fiscal year 2026, reporting net sales of $12.7 billion, a significant increase compared to $5.0 billion in the previous quarter and $5.7 billion in the same quarter last year. The company achieved a net income of $401 million, up from $168 million in Q1'26 and $321 million in Q2'25, with a diluted net income per share of $0.60, compared to $0.26 in Q1'26 and $0.51 in Q2'25. However, the gross margin decreased to 6.3% from 9.3% in Q1'26 and 11.8% in Q2'25. As of December 31, 2025, the company's total cash and cash equivalents stood at $4.1 billion against total bank debt and convertible notes of $4.9 billion.

Looking ahead, Super Micro expects net sales of at least $12.3 billion for the third quarter of fiscal year 2026, with GAAP net income per diluted share projected to be at least $0.52 and non-GAAP net income per diluted share at least $0.60. The full-year net sales forecast is at least $40.0 billion. The company highlighted its strong positioning in AI and enterprise deployments, emphasizing its operational and financial execution as it aims to capture growing demand in IT infrastructure.

Feb 03, 2026 16:51:51

Super Micro Computer Modifies Credit Agreement and Fiscal Year-End

On January 26, 2026, Super Micro Computer, Inc. amended its Credit Agreement, originally dated December 29, 2025. This amendment includes a change to the company's fiscal year-end date from December 31 to June 30, correcting previous references in the agreement.

Additionally, the amendment reduces the initial Applicable Margin rate for loans from Pricing Level III to Pricing Level I for a specified period following the closing date. This adjustment lowers the rates for Term Benchmark Loans to 1.25% per annum and for Base Rate Loans to 0.25% per annum, effective until the delivery of a compliance certificate for the first full fiscal quarter after the closing date.

Jan 29, 2026 16:28:59

Super Micro Computer Secures $350 Million Credit Facilities Agreement

Super Micro Computer, Inc. has entered into a Credit Agreement through its wholly-owned subsidiary in Taiwan, securing two revolving credit facilities totaling $350 million and $360 million. The funds will be used for general corporate purposes, including working capital for growth and business expansion. The agreement allows for an increase in total commitments up to $2 billion, subject to certain conditions. The facilities are secured by various assets, including a second-ranking lien on a facility in Taiwan and a security interest in receivables and bank deposits.

The Credit Agreement includes restrictive covenants and events of default that could impact the company's financial obligations. Events of default include cross-defaults, audit qualifications, and changes in currency regulations that could adversely affect the company. The maturity of the facilities is set for one year from initial utilization, with options to extend. Additionally, the company has announced the date for its next Annual Meeting of Stockholders on April 15, 2026, with a deadline for stockholder proposals set for February 5, 2026.

Jan 26, 2026 16:24:58

Super Micro Computer Secures $2 Billion Revolving Credit Facility

Super Micro Computer, Inc. has entered into a Credit Agreement that establishes a revolving credit facility with an initial principal amount of up to $2 billion. This facility includes provisions for a $200 million letter-of-credit sub-limit and a $150 million same-day borrowing sub-limit. The company can increase the revolving commitments by up to $1 billion, subject to certain conditions, and the proceeds are intended for working capital and general corporate purposes.

The Credit Agreement includes guarantees from the company and its qualifying domestic subsidiaries, which will provide a first priority security interest in their assets. Interest rates on borrowings will vary based on the company’s leverage ratio or corporate family rating, depending on the period. The facility matures on December 29, 2030, and includes restrictive covenants and events of default that could lead to the acceleration of outstanding amounts if triggered.

Jan 02, 2026 16:06:03

Super Micro Computer Announces Leadership Transition in Operations

George Kao, Senior Vice President of Operations, will retire on December 31, 2025. Tom Xiao, currently the Senior Corporate Vice President of Engineering, will take over his responsibilities. The company expects a smooth transition without operational disruptions, with Mr. Kao remaining as a consultant during the changeover.

Details regarding the terms of Mr. Kao’s consulting arrangement will be disclosed in a future amendment to the Current Report on Form 8-K. The company has expressed appreciation for Mr. Kao's service and dedication throughout his tenure.

Dec 29, 2025 16:19:19

Super Micro Computer Reports Q1 Fiscal 2026 Financial Results

Super Micro Computer, Inc. announced its financial results for the first quarter of fiscal year 2026, reporting net sales of $5.0 billion, a decrease from $5.8 billion in the previous quarter and $5.9 billion in the same quarter last year. The gross margin was 9.3%, down from 9.5% in Q4'25 and 13.1% in Q1'25. The company recorded a net income of $168 million, compared to $195 million in Q4'25 and $424 million in Q1'25. The diluted net income per share was $0.26, lower than $0.31 in the previous quarter and $0.67 a year ago. As of September 30, 2025, the company had cash and cash equivalents totaling $4.2 billion against total bank debt and convertible notes of $4.8 billion.

Looking ahead, Super Micro Computer expects net sales for the second quarter of fiscal year 2026 to range from $10.0 billion to $11.0 billion, with GAAP net income per diluted share projected between $0.37 and $0.45. The company anticipates non-GAAP net income per diluted share to be between $0.46 and $0.54. For the entire fiscal year 2026, Super Micro expects to achieve at least $36 billion in revenue, supported by a growing order book, including significant commitments in AI and data center infrastructure.

Nov 04, 2025 16:08:59