Supermicro 3Q 2026: Revenue $19.95B, EPS $1.75 — 10-Q Summary
Less than 1 min read
Supermicro’s first-quarter sales and earnings rose year over year, driven by strong AI-platform demand, higher shipments and a favorable product mix. Gross margin also improved, while operating expenses increased with workforce growth, product development and business expansion.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $19.95B | $5.02B | 297.5% |
| Net income² | $1.59B | $168.29M | 847.3% |
| Diluted EPS³ | $1.75 | $0.26 | 573.1% |
¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted”.
Business Highlights
- AI demand: Net sales rose 297.5%, primarily on increased billing for Hyper Servers, GPU & Super Racks of $12.53B, including GB200 and GB300 systems.
- Gross margin: Increased to 12.7% from 9.3%, primarily due to a change in product and customer mix.
- Remaining performance obligations: Approximately $5.67B as of September 30, 2026; approximately 76% is expected to be recognized in the next 12 months.
- Capital spending: Expected capital expenditures for the remainder of fiscal 2027 are $330M to $350M, mainly for manufacturing capabilities, tooling, IT and facility upgrades and expansion.
Original SEC Filing: Super Micro Computer, Inc. [ SMCI ] - 10-Q - Nov. 05, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.