SMCI

Super Micro Computer

Data Centers Chips & ComputeAI exposure: Core

Builds GPU servers and racks, including liquid-cooled systems.

Next earnings: Super Micro Computer has not announced its next earnings date. Its last earnings release was filed with the SEC on October 20, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead. Last earnings release on EDGAR

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.

Why SMCI is rated core

Core. Super Micro assembles GPU servers and racks; net sales were $11.1 billion in the quarter ended June 30, 2026 versus $5.8 billion a year earlier, with more than $60 billion of new orders and fiscal 2027 guided to $65-72 billion. The company does not report an AI line; the product is GPU server and rack systems, and the 10.8% fiscal-year gross margin shows it is an assembler, not a chip designer.

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 TradingView

03What 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: 2026-10-20 (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

8-KEarnings release · items 2.02,9.012026-10-20document folder
8-KCurrent report · items 5.02,9.012026-10-15document folder
8-KCurrent report · items 5.02,9.012026-10-08document folder
10-KAnnual report2026-08-31document folder
8-KEarnings release · items 2.02,9.012026-08-11document folder
8-KCurrent report · items 8.01,9.012026-08-05document folder
8-KEarnings release · items 2.02,9.012026-07-21document folder
8-KCurrent report · items 1.01,3.03,5.03,9.012026-06-15document folder
8-KCurrent report · items 1.01,7.01,9.012026-06-12document folder
8-KCurrent report · items 8.01,9.012026-06-09document folder
S-8Employee stock plan registration2026-06-08document folder
8-KCurrent report · items 5.02,9.012026-05-18document folder

Insider trades

Form 4, last 6 filings

No Form 4 transactions in the last filings.

News

SMCI in plain answers

The questions readers ask about Super Micro Computer, answered from the company's own filings and this site's research. Each answer names its source.

What does Super Micro Computer (SMCI) supply to AI?+

Designs and assembles servers, storage and rack-scale systems. Assembles NVIDIA and AMD accelerators into complete AI servers and racks for cloud and enterprise buyers.

How much does AI matter to Super Micro Computer's business?+

AI exposure is rated core on this site: AI demand is the main driver of the business today. 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 2025 Generated more than $60 billion in new orders and booked record backlog entering fiscal 2027

Company filing or release

When is Super Micro Computer's next earnings date?+

Super Micro Computer has not announced its next earnings date. Its last earnings release was filed with the SEC on October 20, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead.

Last earnings release on EDGAR

Are Super Micro Computer insiders buying or selling SMCI stock?+

No Form 4 insider transactions for SMCI are in the most recent filings read by this site.

What should investors watch for SMCI?+

Fiscal Q1 2027 net sales vs. guidance of $14.5-$15.5 billion and non-GAAP EPS $1.01-$1.10 Conversion of the $60 billion-plus in new orders / record backlog toward the $65.0-$72.0 billion fiscal 2027 net sales outlook Whether gross margin holds near the 17.5% reported in Q4 as the enterprise mix and DCBBS adoption broaden

Source

What are the main risks for Super Micro Computer?+

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 Cost structure and ability to deliver depend on GPU pricing and component availability, notably NVIDIA chips, with no guaranteed long-term supply contracts Complex laws including export controls restrict sales to certain markets, add licensing burdens and limit advanced-computing product allocations per country

10-K filed 2026-08-31, Item 1A

Which AI category is SMCI in?+

Super Micro Computer is listed under Data Centers and Chips & Compute (primary: Data Centers). Builds GPU servers and racks, including liquid-cooled systems.

Related companies in Data Centers

Also tagged: Chips & Compute

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.