Super Micro Computer, Inc. (SMCI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 10.24B | 12.68B | 5.02B | 5.76B | 4.6B | 5.68B | 5.94B | 5.35B | 3.85B | 3.66B | 2.12B | 2.18B | 1.28B | 1.8B | 1.85B | 1.64B | 1.36B | 1.17B | 1.03B | 1.07B |
| Revenue Growth % | 122.68% | 123.36% | -15.49% | 7.51% | 19.48% | 54.93% | 180.1% | 145.08% | 200.01% | 103.25% | 14.45% | 33.59% | -5.33% | 53.8% | 79.34% | 52.99% | 51.3% | 41.2% | 35.48% | 19.29% |
| Cost of Goods Sold | 9.22B | 11.88B | 4.55B | 5.21B | 4.16B | 5.01B | 5.16B | 4.81B | 3.25B | 3.1B | 1.77B | 1.81B | 1.06B | 1.47B | 1.5B | 1.35B | 1.14B | 1.01B | 894.59M | 923.47M |
| COGS % of Revenue | 90.05% | 93.7% | 90.69% | 90.55% | 90.43% | 88.2% | 86.94% | 89.8% | 84.48% | 84.6% | 83.31% | 82.99% | 82.36% | 81.29% | 81.24% | 82.43% | 84.45% | 86.03% | 86.62% | 86.39% |
| Gross Profit | 1.02B | 798.57M | 467.37M | 544.1M | 440.22M | 670.02M | 775.58M | 546.03M | 597.37M | 564.32M | 353.69M | 371.7M | 226.36M | 337.42M | 347.54M | 287.34M | 210.78M | 163.74M | 138.14M | 145.51M |
| Gross Margin % | 9.95% | 6.3% | 9.31% | 9.45% | 9.57% | 11.8% | 13.06% | 10.2% | 15.52% | 15.4% | 16.69% | 17.01% | 17.64% | 18.71% | 18.76% | 17.57% | 15.55% | 13.97% | 13.38% | 13.61% |
| Gross Profit Growth % | 131.4% | 19.19% | -39.74% | -0.35% | -26.31% | 18.73% | 119.28% | 46.9% | 163.9% | 67.25% | 1.77% | 29.36% | 7.39% | 106.07% | 151.58% | 97.47% | 71.34% | 20.32% | 6.33% | 17.81% |
| Operating Expenses | 392.81M | 324.27M | 285.12M | 315.71M | 293.44M | 301.4M | 266.38M | 257.54M | 219.05M | 192.86M | 181.18M | 144.94M | 127.28M | 122.24M | 127.41M | 122.13M | 119M | 112.69M | 109.01M | 106.43M |
| OpEx % of Revenue | 3.83% | 2.56% | 5.68% | 5.48% | 6.38% | 5.31% | 4.49% | 4.81% | 5.69% | 5.26% | 8.55% | 6.63% | 9.92% | 6.78% | 6.88% | 7.47% | 8.78% | 9.61% | 10.56% | 9.96% |
| Selling, General & Admin | 177.15M | 143.51M | 111.8M | 132.49M | 130.58M | 143.17M | 134.14M | 130.07M | 102.83M | 84.03M | 70.15M | 60.14M | 49.76M | 51.54M | 53.17M | 51.34M | 48.13M | 47.22M | 43.87M | 47.5M |
| SG&A % of Revenue | 1.73% | 1.13% | 2.23% | 2.3% | 2.84% | 2.52% | 2.26% | 2.43% | 2.67% | 2.29% | 3.31% | 2.75% | 3.88% | 2.86% | 2.87% | 3.14% | 3.55% | 4.03% | 4.25% | 4.44% |
| Research & Development | 215.66M | 180.76M | 173.31M | 183.22M | 162.86M | 158.23M | 132.24M | 127.47M | 116.23M | 108.82M | 111.03M | 84.8M | 77.52M | 70.7M | 74.24M | 70.79M | 70.87M | 65.47M | 65.14M | 58.93M |
| R&D % of Revenue | 2.11% | 1.43% | 3.45% | 3.18% | 3.54% | 2.79% | 2.23% | 2.38% | 3.02% | 2.97% | 5.24% | 3.88% | 6.04% | 3.92% | 4.01% | 4.33% | 5.23% | 5.58% | 6.31% | 5.51% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 625.87M | 474.3M | 182.26M | 228.39M | 146.78M | 368.62M | 509.2M | 288.49M | 378.31M | 371.46M | 172.51M | 226.75M | 99.08M | 215.18M | 220.12M | 165.21M | 91.78M | 51.05M | 29.13M | 39.08M |
| Operating Margin % | 6.11% | 3.74% | 3.63% | 3.97% | 3.19% | 6.49% | 8.58% | 5.39% | 9.83% | 10.14% | 8.14% | 10.38% | 7.72% | 11.93% | 11.88% | 10.1% | 6.77% | 4.35% | 2.82% | 3.66% |
| Operating Income Growth % | 326.4% | 28.67% | -64.21% | -20.83% | -61.2% | -0.76% | 195.17% | 27.22% | 281.82% | 72.63% | -21.63% | 37.25% | 7.96% | 321.52% | 655.71% | 322.75% | 438.12% | 36.62% | -4.33% | 314.52% |
| EBITDA | 592.25M | 487.31M | 202.86M | 247.03M | 161.94M | 381.01M | 521.36M | 298.77M | 388.71M | 381.08M | 181.66M | 235.73M | 107.82M | 223.83M | 228.67M | 173.63M | 100.14M | 59.18M | 36.68M | 45.96M |
| EBITDA Margin % | 5.78% | 3.84% | 4.04% | 4.29% | 3.52% | 6.71% | 8.78% | 5.58% | 10.1% | 10.4% | 8.57% | 10.79% | 8.4% | 12.41% | 12.35% | 10.62% | 7.39% | 5.05% | 3.55% | 4.3% |
| EBITDA Growth % | 265.72% | 27.9% | -61.09% | -17.32% | -58.34% | -0.02% | 186.99% | 26.75% | 260.53% | 70.26% | -20.56% | 35.76% | 7.66% | 278.21% | 523.49% | 277.78% | 318.46% | 33.67% | -3.39% | 171.51% |
| D&A (Non-Cash Add-back) | -33.62M | 13.01M | 20.61M | 18.64M | 15.16M | 12.39M | 12.16M | 10.29M | 10.4M | 9.62M | 9.15M | 8.97M | 8.74M | 8.65M | 8.55M | 8.42M | 8.37M | 8.13M | 7.55M | 6.88M |
| EBIT | 0 | 525.57M | 233.48M | 245.01M | 128.47M | 381.58M | 516.43M | 292.64M | 388.35M | 363.58M | 179.12M | 228.76M | 99M | 208.85M | 228.18M | 169.19M | 94.44M | 50.44M | 29.18M | 37.61M |
| Net Interest Income | 0 | 25.68M | -24.93M | -22.28M | -13.4M | 2.24M | -17.35M | -3.11M | -6.25M | -8.13M | -1.86M | -3.51M | -1.29M | -1.76M | -3.94M | -2.93M | -1.53M | -1.15M | -804K | -635K |
| Interest Income | 96.79M | 51.04M | 0 | 0 | 0 | 8.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -165.06M | 25.36M | 24.93M | 22.28M | 13.4M | 6.54M | 17.35M | 3.11M | 6.25M | 8.13M | 1.86M | 3.51M | 1.29M | 1.76M | 3.94M | 2.93M | 1.53M | 1.15M | 804K | 635K |
| Other Income/Expense | -14.3M | 25.42M | 26.19M | -13.93M | -32.16M | 8.94M | -10.14M | 10.32M | 4.16M | -13.99M | 4.7M | -1.88M | -2.38M | -9.44M | 3.23M | 1.37M | 1.39M | -1.52M | -366K | -1.52M |
| Pretax Income | 611.57M | 499.71M | 208.45M | 214.46M | 114.62M | 377.56M | 499.06M | 298.8M | 382.48M | 357.47M | 177.21M | 224.87M | 96.7M | 205.74M | 223.35M | 166.58M | 93.16M | 49.53M | 28.76M | 37.56M |
| Pretax Margin % | 5.97% | 3.94% | 4.15% | 3.73% | 2.49% | 6.65% | 8.41% | 5.58% | 9.93% | 9.75% | 8.36% | 10.29% | 7.54% | 11.41% | 12.06% | 10.19% | 6.87% | 4.22% | 2.79% | 3.51% |
| Income Tax | -405.51M | 99.15M | 40.16M | 19.31M | 5.84M | 56.97M | 74.73M | 1.56M | -19.98M | 61.5M | 20.21M | 31.3M | 10.86M | 29.57M | 38.93M | 25.76M | 16.19M | 7.6M | 3.33M | -1.6M |
| Effective Tax Rate % | -66.31% | 19.84% | 19.27% | 9% | 5.1% | 15.09% | 14.97% | 0.52% | -5.22% | 17.21% | 11.41% | 13.92% | 11.23% | 14.37% | 17.43% | 15.46% | 17.38% | 15.34% | 11.56% | -4.27% |
| Net Income | 1.02B | 400.56M | 168.28M | 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 | 25.44M | 39.16M |
| Net Margin % | 9.93% | 3.16% | 3.35% | 3.39% | 2.36% | 5.65% | 7.15% | 5.55% | 10.45% | 8.08% | 7.41% | 8.86% | 6.69% | 9.77% | 9.96% | 8.61% | 5.68% | 3.58% | 2.46% | 3.66% |
| Net Income Growth % | 835.01% | 24.94% | -60.34% | -34.35% | -72.97% | 8.32% | 170.28% | 53.56% | 368.82% | 68% | -14.87% | 37.46% | 11.53% | 320.13% | 624.99% | 259.59% | 317.69% | 51.52% | -4.38% | 112.26% |
| Net Income (Continuing) | 0 | 400.56M | 168.28M | 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 | 25.44M | 39.16M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 161K | 162K | 170K | 178K | 160K | 159K | 163K | 164K | 163K | 164K | 161K | 165K | 166K | 165K | 167K | 172K | 176K | 177K | 176K | 173K |
| EPS (Diluted) | 0.73 | 0.60 | 0.26 | 0.31 | 0.17 | 0.50 | 0.17 | 0.51 | 0.67 | 0.55 | 0.28 | 0.34 | 0.15 | 0.31 | 0.34 | 0.26 | 0.14 | 0.08 | 0.05 | 0.07 |
| EPS Growth % | 329.41% | 20% | 52.94% | -39.22% | -74.63% | -9.09% | -39.29% | 50% | 346.67% | 77.42% | -17.65% | 30.77% | 7.14% | 297.44% | 608.33% | 251.35% | 300% | 50% | -2.04% | 117.65% |
| EPS (Basic) | 0.81 | 0.67 | 0.28 | 0.33 | 0.18 | 0.54 | 0.18 | 0.54 | 0.72 | 0.60 | 0.30 | 0.37 | 0.16 | 0.33 | 0.35 | 0.27 | 0.15 | 0.08 | 0.05 | 0.08 |
| Diluted Shares Outstanding | 673.6M | 674.07M | 663.24M | 624.67M | 621.81M | 636.05M | 621.81M | 636.05M | 639.15M | 642.08M | 571.85M | 565.05M | 562.33M | 561.44M | 550.17M | 542.6M | 537.86M | 535.11M | 529.16M | 527.82M |
| Basic Shares Outstanding | 597.93M | 596.81M | 656.68M | 597.63M | 595.04M | 592.51M | 595.04M | 592.51M | 589.56M | 586.88M | 530.93M | 526.79M | 532.8M | 531.6M | 525.98M | 521.11M | 517.08M | 513.14M | 507.96M | 502.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |