SMCI
Super Micro ComputerBuilds GPU servers and racks, including liquid-cooled systems.
Alerts for SMCI
01What does it supply?
Products, customers, and where it sits in the AI stack.
What the company does
Designs and assembles servers, storage and rack-scale systems.
Its role in AI
Assembles NVIDIA and AMD accelerators into complete AI servers and racks for cloud and enterprise buyers.
02How much does AI matter to its business?
Core. AI demand is the main driver of the business today.
Reported figures come from the company's own filings and releases. Estimates are third-party or editorial and are kept separate. The exposure label is an editorial judgment.
Reported by the company
- Does not report AI revenue separately. Net sales of $11.1 billion versus $10.2 billion in Q3'26 and $5.8 billion in Q4'25; fiscal 2026 net sales $39.1 billion vs. $22.0 billion in fiscal 2025Source · Fiscal Q4 2026, quarter ended June 30, 2026
- Generated more than $60 billion in new orders and booked record backlog entering fiscal 2027Source · Fiscal Q4 2026 release, Aug 11, 2026
- Q4 gross margin 17.5% vs. 9.5% in Q4 2025; fiscal 2026 gross margin 10.8% vs. 11.1%Source · Fiscal Q4 2026, quarter ended June 30, 2026
- Guidance: fiscal Q1 2027 net sales $14.5 billion to $15.5 billion, non-GAAP diluted EPS $1.01-$1.10; fiscal 2027 net sales $65.0 billion to $72.0 billionSource · Guidance issued Aug 11, 2026
Estimates
No third-party or editorial estimates are listed for SMCI. Only company-reported figures are shown at present.
Key financial metrics, by reporting period
Company-reported, via TradingView03What should visitors watch next?
Earnings, product launches, customer spending, and the risks that matter.
Next earnings
No announced date on file. Check the investor relations page.
Last earnings release: 2026-08-11 (8-K)
Watch list
- Fiscal Q1 2027 net sales vs. guidance of $14.5-$15.5 billion and non-GAAP EPS $1.01-$1.10 source
- Conversion of the $60 billion-plus in new orders / record backlog toward the $65.0-$72.0 billion fiscal 2027 net sales outlook source
- Whether gross margin holds near the 17.5% reported in Q4 as the enterprise mix and DCBBS adoption broaden source
Growth drivers
- 'As demand accelerates, we are improving profitability through a richer enterprise customer mix and broader adoption of our optimized Data Center Building Block Solutions (DCBBS) architecture' source
- More than $60 billion in new orders and a record backlog entering fiscal 2027 underpin the $65.0-$72.0 billion fiscal 2027 net sales outlook source
Risks
- Sales are concentrated in a few large customers (four customers each 10%+ of fiscal 2025 net sales), so a reduction by any major customer could significantly hurt revenue source
- Cost structure and ability to deliver depend on GPU pricing and component availability, notably NVIDIA chips, with no guaranteed long-term supply contracts source
- Complex laws including export controls restrict sales to certain markets, add licensing burdens and limit advanced-computing product allocations per country source
The company's own risk factors: 10-K filed 2026-08-31, Item 1A.
Recent developments: SEC filings
Source: SEC EDGAR · refreshed every 15 min- 10-KAnnual report2026-08-31documentfolder
- 8-KEarnings release · items 2.02,9.012026-08-11documentfolder
- 8-KCurrent report · items 8.01,9.012026-08-05documentfolder
- 8-KEarnings release · items 2.02,9.012026-07-21documentfolder
- 8-KCurrent report · items 1.01,3.03,5.03,9.012026-06-15documentfolder
- 8-KCurrent report · items 1.01,7.01,9.012026-06-12documentfolder
- 8-KCurrent report · items 8.01,9.012026-06-09documentfolder
- S-8Employee stock plan registration2026-06-08documentfolder
- 8-KCurrent report · items 5.02,9.012026-05-18documentfolder
- 10-QQuarterly report2026-05-11documentfolder
- 8-KEarnings release · items 2.02,9.012026-05-05documentfolder
- 8-KCurrent report · items 5.02,5.07,9.012026-04-20documentfolder
Insider trades
Form 4, last 6 filings| Insider | Transaction | Shares | Avg price | Filed |
|---|---|---|---|---|
Liang Charles Director, President and CEO, 10% owner | Open-market sale · disposed | 200,000 | $38.59 | 2026-09-08 |
Liu Liang Chiu-Chu Sara Director, 10% owner | Open-market sale · disposed | 200,000 | $38.59 | 2026-09-08 |
Xiao Jin Sr. Corporate VP, Engineering | Option exercise · acquired | 4,000 | — | 2026-08-19 |
Xiao Jin Sr. Corporate VP, Engineering | Tax withholding · disposed | 1,436 | $38.28 | 2026-08-19 |
News
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Original sources
- Investor relations — earnings dates, releases, presentations
- SEC EDGAR company page — every filing (CIK 0001375365)
- Latest annual report (10-K) — filed 2026-08-31
- TradingView symbol page — full chart and data
Research note — Fiscal year ends June 30. The FY2026 10-K (filed 2026-08-31, accession 0001375365-26-000022) returned 404 on two fetch attempts, so risk factors are from the FY2025 10-K filed 2025-08-28. No fiscal Q1 2027 results date found on ir.supermicro.com as of 2026-09-17. The Q4 release does not break out AI/GPU revenue or DLC/Blackwell figures.