Supermicro (SMCI): AI demand lifts preliminary revenue above guidance
Why it is trending
Supermicro's preliminary quarterly revenue substantially exceeded its prior guidance as demand for AI platforms strengthened. A more favorable customer and product mix also lifted estimated gross margin above management's earlier range. The figures remain unaudited and subject to revision.
Sector
Information Technology. Supermicro supplies server, storage and data-center infrastructure for AI and enterprise workloads.
Company information
Metric | Company profile |
Sector | Information Technology |
Industry | Server and storage hardware |
Market capitalization | $21.33 billion |
YTD price return | +10.9% |
Dividend yield | 0.0% regular common-stock dividend yield |
Forward P/E, next fiscal year (FY1) | Unavailable |
Data checked October 21, 2026. Price-dependent figures use the latest completed regular-session close, October 20: $32.47. YTD price return excludes reinvested dividends. Industry is a descriptive business category.
Recent earnings
Metric | Q4 FY2026 results / subsequent update |
Reported quarter | Q4 FY2026, ended June 30, 2026 |
Revenue | $11.12 billion, up 93.2% year over year |
GAAP diluted EPS | $1.62 versus $0.31 a year earlier |
Adjusted diluted EPS, non-GAAP | $1.70 versus $0.41 a year earlier |
GAAP gross margin | 17.5% versus 9.5% a year earlier |
Operating cash flow | $747 million |
Q1 FY2027 preliminary revenue | $18.5-$19.5 billion versus prior guidance of $14.5-$15.5 billion |
Q1 FY2027 preliminary gross margin | 12.0%-12.5% versus prior guidance of 10.4%-10.8% |
FY2027 revenue outlook, forecast | $65-$72 billion; last issued with Q4 results |
Earnings trend | Improving: GAAP diluted EPS YoY growth +17.6%, +323.5%, +422.6% in Q2, Q3, Q4 FY2026 |
Sales trend | Weakening growth rate: revenue YoY growth +123.4%, +122.7%, +93.2% in Q2, Q3, Q4 FY2026 |
Q1 preliminary estimates cover the quarter ended September 30, 2026, not finalized results. The update did not revise the full-year revenue outlook. Trend labels describe historical growth rates, not forecasts.
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Wednesday October 21, 2026