Super Micro Computer, Inc. (SMCI) quarterly cash flow statement — complete operating, investing & financing history
Super Micro Computer, Inc. (SMCI) cash flow statement — 22-year operating, investing & financing cash flows
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Cash from Operations | -434.02M | 746.96M | -6.62B | -23.9M | -917.52M | 863.61M | 626.76M | -239.76M | 408.9M | -641.81M | -1.51B | -595.09M | 270.46M | -9.34M | 198.25M | 161.09M | 313.59M | -25.14M | -227.94M | -53.15M |
| Operating CF Margin % | -2.18% | 6.72% | -64.58% | -0.19% | -18.29% | 15% | 13.63% | -4.22% | 6.89% | -11.99% | -25.49% | -16.24% | 12.76% | -0.43% | 15.45% | 8.93% | 16.93% | -1.54% | -16.82% | -4.53% |
| Operating CF Growth % | 52.7% | -13.51% | -1155.49% | 90.03% | -324.39% | 234.56% | 141.41% | 59.71% | 51.19% | -6772.41% | -863.47% | -469.42% | -13.75% | 62.86% | 186.97% | 403.07% | 333.03% | -139.56% | -83.21% | -184.04% |
| Net Income | 1.59B | 1.18B | 483.39M | 400.56M | 168.18M | 195.15M | 108.78M | 320.6M | 424.33M | 297.24M | 402.46M | 295.97M | 157M | 193.57M | 85.85M | 176.17M | 184.42M | 140.82M | 76.97M | 41.93M |
| Depreciation & Amortization | 15.04M | 24.31M | 22.93M | 22.42M | 20.61M | 18.64M | 10.74M | 14.88M | 14.08M | 11.81M | 10.4M | 9.62M | 9.15M | 8.97M | 8.74M | 8.65M | 8.55M | 8.42M | 8.37M | 8.13M |
| Stock-Based Compensation | 100.22M | 16.07M | 0 | 0 | 89.14M | 83.61M | 84.7M | 82.12M | 64.01M | 74.96M | 56.11M | 43.06M | 57.38M | 12.79M | 13.65M | 16.98M | 11.01M | 8.88M | 7.74M | 9.18M |
| Deferred Taxes | -6.88M | -64.08M | 20.95M | -39.67M | -12.2M | -80.24M | -58.32M | -29.53M | -46.55M | -24.01M | -88.86M | -32.6M | -23.02M | -14.34M | -52.82M | -6.59M | -19.23M | -3.59M | -4.68M | 1.43M |
| Other Non-Cash Items | 45.45M | 32.3M | 200.26M | 230.4M | 44.6M | 25.97M | 43.44M | -4.52M | -2.4M | 9.43M | -5.85M | 9.89M | -3.48M | -31.19M | 2.91M | 5.82M | -8.62M | -5.36M | 4.29M | -2.28M |
| Working Capital Changes | -2.18B | -439.87M | -7.34B | -637.6M | -1.23B | 620.48M | 437.42M | -623.31M | -44.56M | -1.01B | -1.89B | -921.03M | 73.44M | -179.13M | 139.92M | -39.94M | 137.46M | -174.32M | -320.63M | -111.54M |
| Change in Receivables | -3.56B | 2.29B | 2.58B | -8.47B | -321.24M | 438.56M | 414.16M | -334.66M | 15.29M | -1.08B | -147.19M | -657.19M | 302.5M | -477.79M | 97.85M | -27.05M | 95.09M | -155.13M | -182.97M | -39.35M |
| Change in Inventory | -2.48B | -2.21B | -580.74M | -5B | -1.09B | -813.5M | -275.75M | 1.33B | -597.72M | -220.97M | -1.66B | -414.19M | -607.24M | 126.3M | -118.6M | 314.24M | -190.45M | 41.72M | -205.05M | -209.31M |
| Change in Payables | 473.88M | -1.44B | -10.06B | 12.47B | 901K | 630.72M | 95.23M | -1.13B | 220.35M | 369.58M | -170M | 176.64M | 302.97M | 136.25M | 81.79M | -223.21M | 132.3M | -122.89M | 89.84M | 137.53M |
| Cash from Investing | -46.59M | -24.51M | -97.28M | -46.22M | -32.27M | -78.68M | -32.7M | -27.54M | -44.3M | -62.28M | -115.43M | -14.9M | -7.63M | -10.87M | -7.99M | -9.88M | -10.75M | -11.03M | -10.95M | -12.4M |
| Capital Expenditures | -41.59M | -28.23M | -80.28M | -21.22M | -32.27M | -22.68M | -32.7M | -27.54M | -44.3M | -13.98M | -92.94M | -14.72M | -2.63M | -8.18M | -7.99M | -9.88M | -10.75M | -11.03M | -10.95M | -12.4M |
| CapEx % of Revenue | 0.21% | 0.25% | 0.78% | 0.17% | 0.64% | 0.39% | 0.71% | 0.48% | 0.75% | 0.26% | 1.57% | 0.4% | 0.12% | 0.37% | 0.62% | 0.55% | 0.58% | 0.67% | 0.81% | 1.06% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -296K | 0 | 0 | 0 | -2.19M | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -135.29M | 5.57B | 3.86B | 66.16M | -18.66M | 1.85B | 512.05M | -387.29M | 49.85M | 258.94M | 3.02B | 792.13M | -159.94M | 99M | -131.47M | -84.64M | -331.18M | 56.51M | 239.19M | 42.91M |
| Debt Issued (Net) | -81.93M | -61.9M | 3.88B | 88.58M | 17.05M | 2.93B | -137.31M | -346.14M | 78.86M | 451.86M | 1.35B | 219.63M | -138.94M | 105.56M | 14.51M | -85.03M | -335.6M | 55.33M | 236.86M | 40.09M |
| Equity Issued (Net) | 3.11M | 5.67B | 5.42M | 5M | 7.92M | -877.25M | 691.28M | 342K | 6.53M | 4.33M | 1.75B | 0 | 0 | -3.47M | -146.53M | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -63.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -200M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.47M | -146.53M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 7.26M | -31.69M | -27.17M | -27.42M | -43.63M | -205.71M | -41.92M | -41.49M | -35.53M | -197.25M | -78.33M | 572.5M | -21M | -3.09M | 551K | 391K | 4.41M | 1.18M | 2.34M | 2.82M |
| Net Change in Cash | -615.92M | 6.23B | -2.8B | -5.53M | -973.05M | 2.64B | 1.11B | -658.24M | 418.96M | -445.71M | 1.39B | 182.52M | 102.69M | 77.66M | 58.21M | 66.34M | -29.81M | 19.96M | 10K | -22.64M |
| Free Cash Flow | -475.61M | 718.73M | -6.7B | -45.12M | -949.79M | 840.93M | 594.06M | -267.29M | 364.6M | -655.8M | -1.61B | -609.8M | 267.83M | -17.51M | 190.26M | 151.2M | 302.84M | -36.17M | -238.89M | -65.56M |
| FCF Margin % | -2.38% | 6.46% | -65.37% | -0.36% | -18.93% | 14.61% | 12.91% | -4.71% | 6.14% | -12.25% | -27.06% | -16.64% | 12.64% | -0.8% | 14.83% | 8.39% | 16.35% | -2.21% | -17.62% | -5.59% |
| FCF Growth % | 49.93% | -14.53% | -1227.1% | 83.12% | -360.5% | 228.23% | 136.98% | 56.17% | 36.13% | -3644.42% | -944.37% | -503.3% | -11.56% | 51.58% | 179.64% | 330.65% | 308.32% | -172.09% | -66.49% | -232.31% |
| FCF per Share | -0.63 | 1.03 | -9.94 | -0.07 | -1.43 | 1.35 | 0.96 | -0.42 | 0.59 | -1.03 | -2.51 | -0.95 | 0.47 | -0.03 | 0.34 | 0.27 | 0.55 | -0.07 | -0.44 | -0.12 |
| FCF Conversion (FCF/Net Income) | -0.27x | 0.63x | -13.69x | -0.06x | -5.45x | 4.43x | 5.76x | -0.75x | 0.96x | -2.16x | -3.57x | -2.01x | 1.72x | -0.05x | 2.31x | 0.91x | 1.70x | -0.18x | -2.96x | -1.27x |
| Interest Paid | 110.39M | 0 | 0 | 1.23M | 39.24M | 1.44M | 5.04M | 7.55M | 11.45M | 1.2M | 5.47M | 7.13M | 2.21M | 1.32M | 1.14M | 2.01M | 4.08M | 2.5M | 1.23M | 1.26M |
| Taxes Paid | 208.39M | 0 | 0 | 0 | 38.5M | -270.39M | 213.36M | 53.69M | 3.34M | 91.42M | 82.81M | 208.79M | 9M | 7.91M | 10.9M | 68.88M | 27.27M | 8.07M | 4.35M | 4.54M |