SMCI
SupermicroPrevious close
32.95
Change
−1.48 / −4.30%
P/E (TTM) ?
10.1
Market Cap
$20.8B
1M
−19.77%
S&P 500 −0.91% over same period
Volume / Avg Volume
38.4M / 37.7M
1.02× average
Latest earnings analysisFY2026 Q4Reported 2026-07-21
Supermicro FY2026: $39.06B revenue, Q4 gross margin jumps to 17.5%
Supermicro closed FY2026 with $39.06 billion of revenue, up 77.8%, and a fourth quarter that finally showed margin relief: gross margin of 17.5% versus 9.9% in Q3. The catch is cash — operating activities used $6.81 billion for the year as inventory and receivables ballooned. Read the margin line and the balance sheet together; they tell different stories.
Read the full analysis →Revenue$39.06BYoY +578.50%
EPS (non-GAAP)$1.70Beatest. $0.98
Next-quarter revenue guidance$15.00B ±3.33%YoY −61.60%
Next-day move+19.84%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q4 Quarter ended 2026-06 | 2026-07-21 | $39.1B | Read analysis → |
| FY2026 Q3 Quarter ended 2026-03 | 2026-05-05 | $10.2B | Pending |
| FY2026 Q2 Quarter ended 2025-12 | 2026-02-03 | $12.7B | Pending |
| FY2026 Q1 Quarter ended 2025-09 | 2025-10-23 | $5.0B | Pending |
| FY2025 Q4 Quarter ended 2025-06 | 2025-08-05 | $22.0B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 1 of its 5-year rangeCheap
5-year range 11.5 – 30.9 · Median 22.3
No buybacks or dividends in the last four quarters
P/E (TTM)
10.1
P/B
1.6
P/S
0.6
PEG
0.19
Earnings Reaction
Over the last 5 reports, the stock moved ±15.4% on average on the first trading day after, rising 4 times
Most recent +19.84%
Guidance Credibility
Of the last 2 next-quarter revenue guides, 0 were met; actual results averaged 19.8% below guidance
Volatility & Correlation
1-year beta 3.89 · Correlation with S&P 500 0.54High beta
Annualized volatility 93% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 6 · $24.4MNet selling $24.4M
- 10-07Liang CharlesPresident and CEOSell$4.5M100,000 shares · Avg price 45.02
- 10-07Liu Liang Chiu-Chu SaraDirectorSell$4.5M100,000 shares · Avg price 45.02
- 09-04Liu Liang Chiu-Chu SaraDirectorSell$4.0M100,000 shares · Avg price 40.00
- 09-04Liang CharlesPresident and CEOSell$4.0M100,000 shares · Avg price 40.00
- 09-03Liu Liang Chiu-Chu SaraDirectorSell$3.7M100,000 shares · 2 trades · Avg price 37.19
- 09-03Liang CharlesPresident and CEOSell$3.7M100,000 shares · 2 trades · Avg price 37.19
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q4 | 11.12 | +93.2% | 17.5% | 1.18 | 1.68 |
| FY2026 Q3 | 10.24 | +122.7% | 9.9% | 0.48 | 0.72 |
| FY2026 Q2 | 12.68 | +123.4% | 6.3% | 0.40 | 0.60 |
| FY2026 Q1 | 5.02 | −15.5% | 9.3% | 0.17 | 0.26 |
| FY2025 Q4 | 5.76 | +7.5% | 9.5% | 0.20 | 0.33 |
| FY2025 Q3 | 4.60 | +19.5% | 9.6% | 0.11 | 0.17 |
| FY2025 Q2 | 5.68 | +54.9% | 11.8% | 0.32 | 0.51 |
| FY2025 Q1 | 5.94 | +180.1% | 13.1% | 0.42 | 0.67 |
| FY2024 Q4 | 5.35 | +145.1% | 10.2% | 0.30 | 0.48 |
| FY2024 Q3 | 3.85 | +200.0% | 15.5% | 0.40 | 0.66 |
| FY2024 Q2 | 3.66 | +103.2% | 15.4% | 0.30 | 0.51 |
| FY2024 Q1 | 2.12 | +14.4% | 16.7% | 0.16 | 0.27 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| SMCI | 10.1 | +93.2% | 17.5% | −19.77% | Neutral |
| NVDA | 25.8 | +105.9% | 75.0% | −10.39% | Bullish |
| AAPL | 39.3 | +16.4% | 50.1% | +3.49% | Bullish |
| MSFT | 27.2 | +18.8% | 67.8% | +1.76% | Bullish |
| AVGO | 40.4 | +85.5% | 69.1% | −7.15% | Bullish |
| MU | 11.8 | +379.3% | 86.8% | −16.93% | Bullish |
| AMD | 143.0 | +50.1% | 53.8% | −17.48% | Bullish |
| INTC | — | +20.9% | 43.0% | −45.30% | Bullish |
| PLTR | 156.5 | +92.8% | 84.7% | −1.57% | Bullish |