Methodology published · Market data, model notes, and corrections process are public · Data policy · Corrections policy

NasdaqGS · Technology · Financials

Super Micro Computer Inc (SMCI) financial statements and cash flow.

Revenue, profitability, balance-sheet strength, and cash generation for SMCI. Market data source · as of 2026-03-31.

Section freshness

Price Jul 31, 4:00 PM EDT · Statements Mar 30, 8:00 PM EDT

Financial read

SMCI latest financial snapshot.

Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.

Revenue

$10.24B

+80.4% YoY

Net income

$483.39M

+20.7% QoQ

Gross margin

9.95%

Gross profit $1.02B

Net margin

4.72%

Operating margin 6.11%

Balance sheet coverage

SMCI balance sheet summary

Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.

20 quarterly · 4 annual rows · Market data source · as of 2026-03-31

Open balance sheet table

Latest period

Q1 FY2026

20 quarterly · 4 annual rows

Assets / liabilities

$23.45B

Liabilities $15.88B

Cash / debt

$1.29B

Net cash —

Equity / working capital

$7.58B

Working capital $13.45B

Financial statements

SMCI statement coverage.

Income statement, balance sheet, and cash-flow figures for SMCI, with quarterly and annual history in the tables below.

Data last updated

Mar 30, 2026

Income periods

Balance-sheet periods

Cash-flow periods

Quarterly and annual SMCI statements, sourced from Market data source · as of 2026-03-31.

Financial statement period

SMCI statement history

Market data source · as of 2026-03-31 · Data last updated: Mar 30, 2026

ProfitabilityIncome statementRevenue, expenses, margins, and income quality20 quarterly periods Capital structureBalance sheetAssets, liabilities, debt, equity, and share count20 quarterly periods Cash generationCash flowOperating cash flow, CapEx, FCF, buybacks, and dividends20 quarterly periods

Income statement

Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.

8 / 20 Quarterly

Period	Revenue	Gross profit	Operating income	Net income	Net margin	Revenue QoQ	Net income QoQ
Q1 FY2026	$10.24B	$1.02B	$625.87M	$483.39M	4.72%	-19.2%	+20.7%
Q4 FY2025	$12.68B	$798.57M	$474.30M	$400.56M	3.16%	+152.8%	+138.0%
Q3 FY2025	$5.02B	$467.37M	$182.26M	$168.28M	3.35%	+9.1%	+54.7%
Q1 FY2025	$4.60B	$440.22M	$146.78M	$108.78M	2.36%	-19.0%	-66.1%
Q4 FY2024	$5.68B	$670.02M	$368.62M	$320.60M	5.65%	-4.4%	-24.4%
Q3 FY2024	$5.94B	$775.58M	$509.20M	$424.33M	7.15%	+54.2%	+5.4%
Q1 FY2024	$3.85B	$597.37M	$378.31M	$402.46M	10.45%	+5.1%	+36.0%
Q4 FY2023	$3.66B	$564.32M	$371.46M	$295.97M	8.08%	+72.9%	+88.5%

Balance sheet

Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.

8 / 20 Quarterly

Period	Cash	Current assets	Current liabilities	Total assets	Total liabilities	Total equity
Q1 FY2026	$1.29B	$21.57B	$8.12B	$23.45B	$15.88B	$7.58B
Q4 FY2025	$4.09B	$26.12B	$15.40B	$28.00B	$21.01B	$6.99B
Q3 FY2025	$4.20B	$12.66B	$2.35B	$14.39B	$7.86B	$6.52B
Q2 FY2025	$5.17B	$12.30B	$2.34B	$14.02B	$7.72B	$6.30B
Q1 FY2025	$2.54B	$9.51B	$1.43B	$10.74B	$4.36B	$6.38B
Q4 FY2024	$1.43B	$8.67B	$1.36B	$9.73B	$3.49B	$6.24B
Q3 FY2024	$2.09B	$9.85B	$2.87B	$10.85B	$4.97B	$5.88B
Q2 FY2024	$1.67B	$8.93B	$2.35B	$9.83B	$4.41B	$5.42B

Cash flow

Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.

8 / 20 Quarterly

Period	Operating cash flow	CapEx	Free cash flow	Net income	Stock comp	Debt issuance	Dividends paid	Buybacks	Change in cash	FCF QoQ
Q1 FY2026				$483.39M
Q4 FY2025				$400.56M
Q3 FY2025				$168.28M
Q1 FY2025				$108.78M
Q4 FY2024				$320.60M
Q3 FY2024				$424.33M
Q1 FY2024				$402.46M
Q4 FY2023				$295.97M

Valuation and returns

Enterprise value: $17.08B; TECHi computed

Return on equity: 15.33%; Market data source

Return on assets: 4.95%; Market data source

Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.

Annual revenue and income multiples

Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.

Annual revenue base: $3.26B; Annual statement 2020-12-31

Annual income base: $1.16B; Annual statement 2020-12-31

Market cap / annual revenue: 5.63; Live market value divided by annual revenue

Market cap / annual income: 15.82; Live market value divided by annual net income

Annual sales and income multiple

EV / annual revenue5.24

Market capitalization bridge

Market cap / annual revenue5.63

Market cap / annual income15.82

TTM valuation multiples

TTM revenue: $32.54B; Trailing twelve months

TTM EBIT: $1.43B; TTM operating income

Market cap / TTM revenue: 0.56; Live market value divided by trailing twelve months revenue

EV / TTM revenue: 0.52; Enterprise value divided by trailing twelve months revenue

Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.

Profit multiples

Market cap / TTM net income15.82

EV / TTM EBIT11.95

Revenue, net income, and free cash flow

Revenue$10.24BNet income$483.39M

Q3 FY2024Q3 FY2025Q1 FY2026

Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.

Efficiency

Growth vs cost pressure

Revenue growth YoY+80.4%

Operating expense growth YoY+30.3%

Quarterly margin heatmap

Gross margin

Q3 FY2024

13.06%

Q4 FY2024

11.80%

Q1 FY2025

9.57%

Q3 FY2025

9.31%

Q4 FY2025

6.30%

Q1 FY2026

9.95%

Operating margin

Q3 FY2024

8.58%

Q4 FY2024

6.49%

Q1 FY2025

3.19%

Q3 FY2025

3.63%

Q4 FY2025

3.74%

Q1 FY2026

6.11%

Net margin

Q3 FY2024

7.15%

Q4 FY2024

5.65%

Q1 FY2025

2.36%

Q3 FY2025

3.35%

Q4 FY2025

3.16%

Q1 FY2026

4.72%

Latest quarter expense mix

Cost of revenue$9.22B

Operating expenses$392.81M

R&D$215.66M

Profit bridge

EBIT$625.87M

Tax expense$126.89M

Other income statement lines

Income tax expense$126.89M

Balance sheet · Q1 FY2026

Cash & equivalents: $1.29B

Total equity: $7.58B

Balance sheet detail

Current assets: $21.57B

Current liabilities: $8.12B

Inventory: $11.10B

Receivables: $8.41B

Property, plant & equipment: $607.66M

Debt and liquidity

Quick ratioi1.19

Cash + short-term investments + receivables / current liabilities

Cash generation

Cash-flow detail

Depreciation & amortization: $13.50M

Frequently asked

Common questions.

What financial data is available for SMCI?

The SMCI Financials page renders only the current income-statement, balance-sheet, cash-flow, or fund rows supplied for Super Micro Computer Inc. Missing modules and empty line items are omitted.

How current are SMCI's financial statements?

Each visible statement row keeps its reported period and provider attribution. The route redirects to the main quote when no usable financial or fund data remains.

What is Super Micro Computer Inc's reported net margin?

Super Micro Computer Inc's fresh reported margin field is 3.57%. The Financials page shows the supporting period data currently available for SMCI.