Super Micro Computer, Inc.'s Stock Analysis

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

Super Micro Computer Reports Q1 2026 Business Update

Super Micro Computer, Inc. provided a business update for the first quarter of fiscal year 2026, ending September 30, 2025. The company reported estimated revenue of $5 billion, which is lower than the previous guidance of $6 billion to $7 billion due to design win upgrades that shifted some expected revenue to the second quarter. The company has secured design wins exceeding $12 billion, with deliveries anticipated in Q2 2026, and is experiencing strong demand for its AI solutions and related products.

The company has scheduled an earnings call for November 4, 2025, to discuss further details on Q2 2026 deliveries and revenues. While the preliminary revenue figures are subject to change, Super Micro Computer expects to generate at least $33 billion in revenue for the full fiscal year 2026. The company continues to focus on innovation in AI, cloud, and edge computing solutions, with in-house manufacturing capabilities in the US, Taiwan, and the Netherlands.

Oct 23, 2025 09:09:02

Super Micro Computer Reports Q4 and FY 2025 Financial Results

Super Micro Computer, Inc. announced its financial results for the fourth quarter and full fiscal year ended June 30, 2025. The company reported net sales of $5.8 billion for Q4, an increase from $4.6 billion in the previous quarter and $5.4 billion in Q4 of the prior year. Gross margin was 9.5%, slightly down from 9.6% in Q3 and 10.2% in Q4 of the previous year. Net income for Q4 was $195 million, up from $109 million in Q3 but down from $297 million in Q4 of the prior year. For the full fiscal year, net sales reached $22.0 billion, compared to $15.0 billion in the previous year, with net income of $1.0 billion, or $1.68 per diluted share, down from $1.2 billion, or $1.92 per diluted share, in FY 2024.

The company reported total cash and cash equivalents of $5.2 billion as of June 30, 2025, with total bank debt and convertible notes at $4.8 billion. For the upcoming first quarter of fiscal year 2026, Super Micro expects net sales between $6.0 billion and $7.0 billion, with GAAP net income per diluted share estimated between $0.30 and $0.42. The company anticipates net sales for fiscal year 2026 to be at least $33.0 billion, indicating continued growth in its operations.

Aug 05, 2025 16:08:29

Super Micro Computer Secures $1.79 Billion Receivables Facility

Super Micro Computer, Inc. has entered into a Receivables Purchase Agreement with MUFG Bank, Crédit Agricole Corporate and Investment Bank, and other entities, allowing the company to sell its accounts receivable. This agreement establishes an uncommitted facility with an initial limit of $1.79 billion, enabling the Purchasers to buy eligible accounts receivable at a specified purchase price, which includes a discount based on Term SOFR and additional factors.

The Receivables Purchase Agreement can be terminated by any party with 30 days' notice or immediately upon the occurrence of a Termination Event. If the purchased receivables are not classified as a sale, the company grants a security interest in these receivables to the Purchasers. The agreement details are further elaborated in the attached documents, which are available upon request from the Securities and Exchange Commission.

Jul 21, 2025 16:23:05

Supermicro Prices $2 Billion Convertible Notes Offering

Super Micro Computer, Inc. has announced the pricing of a private offering of $2.0 billion in convertible senior notes due 2030. These notes will be sold to qualified institutional buyers and are senior, unsecured obligations of the company. The initial conversion rate is set at 18.1154 shares of common stock per $1,000 principal amount, with a conversion price of approximately $55.20 per share, representing a 35% premium above the recent closing price. The offering is expected to close on June 26, 2025, subject to customary conditions.

The company anticipates net proceeds of approximately $1.96 billion from the offering, which will be used for various purposes including funding capped call transactions and repurchasing approximately $200 million worth of its common stock. The capped call transactions are intended to reduce potential dilution upon conversion of the notes. Additionally, the company may repurchase shares concurrently with the offering, which could impact the trading price of its common stock. The notes will mature on June 15, 2030, and holders will have the right to require the company to repurchase their notes upon certain events.

Jun 26, 2025 21:42:25

Supermicro Reports Decrease in Q3 Revenue and Net Income

In terms of cash flow, Supermicro generated $627 million from operations and had capital expenditures of $33 million. The company announced an updated revenue guidance for fiscal year 2025, lowering it to a range of $21.8 billion to $22.6 billion, down from the previous range of $23.5 billion to $25.0 billion. Additionally, the company has made governance updates, including strengthening its board and management team, and it is currently compliant with Nasdaq filing requirements.

May 06, 2025 16:07:05

Supermicro Reports Q3 Fiscal 2025 Preliminary Financial Results

Supermicro Computer Inc. has provided a business update and preliminary financial results for the third quarter of fiscal year 2025, which ended on March 31, 2025. The company reported net sales expectations between $4.5 billion and $4.6 billion, significantly lower than prior guidance of $5.0 billion to $6.0 billion. The GAAP diluted net income per share is projected to be between $0.16 and $0.17, also below previous estimates of $0.36 to $0.53. The decline in gross margin of 220 basis points from the previous quarter is attributed to higher inventory reserves and expedite costs for new product launches. Sales delays have pushed some customer decisions into the next quarter, impacting overall results for Q3.

Supermicro plans to hold a conference call on May 6, 2025, to discuss these results further. The unaudited financial information shared is based on preliminary results and may be subject to revisions as the company finalizes its financial statements. Investors are advised to consider this uncertainty when evaluating the company's performance and outlook.

Apr 29, 2025 16:37:47

Supermicro Announces New Director and General Counsel Appointments

Supermicro has appointed Scott Angel as a new independent director, bringing nearly four decades of experience in accounting and financial advisory, particularly within the technology and semiconductor sectors. Yitai Hu has been promoted to General Counsel and Senior Vice President, Corporate Development, enhancing the company's legal capabilities to align with its growth strategy. Both appointments are expected to support Supermicro's ongoing expansion and leadership in the industry.

The press release also highlights potential risks and uncertainties that could affect Supermicro's performance, including fluctuations in quarterly operating results, increased concentration of customers, and possible declines in average sales prices for its server solutions. The company acknowledges that adverse macroeconomic conditions may also pose challenges to its business operations.

Mar 31, 2025 09:08:18

Super Micro Computer Regains Nasdaq Compliance After Filing Reports

Super Micro Computer, Inc. has announced that it is now in compliance with Nasdaq Listing Rule 5250(c)(1) after receiving a notification letter on February 25, 2025. This compliance follows the company's timely filing of its Q2 FY2025 Form 10-Q, along with the previously delayed FY2024 Form 10-K and Q1 FY2025 Form 10-Q, effectively closing the matter with Nasdaq.

Prior to this compliance announcement, Super Micro had received a notification letter on February 21, 2025, indicating it was not in compliance due to delays in filing its required reports with the U.S. Securities and Exchange Commission. The company's previous delays in filing these reports had raised concerns regarding its adherence to Nasdaq listing requirements.

Feb 26, 2025 17:29:39

Supermicro Reports $5.6 Billion in Q2 Fiscal Year 2025

Supermicro announced preliminary financial results for the second quarter of fiscal year 2025, projecting net sales between $5.6 billion and $5.7 billion, indicating a 54% year-over-year increase. The company expects a GAAP diluted net income per share of $0.50 to $0.52, remaining flat year-over-year, while the non-GAAP diluted net income per share is projected to grow by 5% to a range of $0.58 to $0.60. Additionally, Supermicro reported total cash and cash equivalents of approximately $1.4 billion and total debt of around $1.9 billion as of December 31, 2024, which includes $0.2 billion in bank debt and $1.7 billion in convertible notes.

However, Supermicro also faces challenges, including ongoing investigations by the Department of Justice and the Securities and Exchange Commission following allegations from a short seller report. The company has received subpoenas and is cooperating with these requests. Moreover, it is adjusting its revenue guidance for fiscal year 2025 down to a range of $23.5 billion to $25 billion, a decrease from the previous estimate of $26 billion to $30 billion. The company also noted adjustments to its preliminary results for the fourth quarter of fiscal year 2024, including an increase in inventory reserves that negatively impacted net income.

Feb 11, 2025 16:25:08