SMCINasdaqElectronic ComputersFiscal year ends June 30Also trades as SMCIP
Super Micro Computer, Inc.
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 31, 2026
$32.10+0.47 (+1.49%)
Close on Oct 19, 2026
- Market cap
- $24.67B
- P/E (TTM)
- 9.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
10.8%−4.2 pts over 5 years
Operating margin
7.1%+3.6 pts over 5 years
Net margin
5.7%+2.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +77.8% | +76.3% | +61.5% | +33.2% | |
| Gross profit | +74.0% | +48.8% | +51.2% | +29.0% | |
| Operating income | +121.1% | +53.8% | +86.2% | +38.4% | |
| Net income | +112.7% | +51.6% | +81.9% | +40.9% | |
| EPS, diluted | +94.0% | +41.9% | +73.2% | +37.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 9.1% | 10.3% | 21.5% | |
| Return on assets | 4.9% | 5.4% | 10.1% | |
| Current ratio | 1.88 | 1.93 | 3.87 | |
| Debt to equity | 0.21 | 0.09 | – | |
| Net debt to EBITDA | 0.44× | -0.89× | – | |
| Interest coverage | 41.3× | 49.9× | 14.2× | |
| Inventory turnover | 3.4× | 3.2× | 4.0× | |
| Capex to revenue | 1.2% | 1.6% | 0.4% | |
| Diluted shares | 517M | 535M | 697M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Super Micro Computer generated $12.06B from operations and spent $845.47M on capital expenditure, dividends and share buybacks. 59% of that went back into the business.
Generated
$12.06B
Used
$845.47M
Capital expenditure$495.47M59%Dividends$00%Share buybacks$350.00M41%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.7%
×Asset turnover1.78×
×Equity multiplier2.12×
=Return on equity, FY202621.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 5.7% | 1.78× | 2.12× | 21.5% |
| FY2025 | 4.8% | 1.84× | 2.03× | 17.9% |
| FY2024 | 7.7% | 2.22× | 1.83× | 31.2% |
| FY2023 | 9.0% | 2.07× | 2.02× | 37.7% |
| FY2022 | 5.5% | 1.91× | 2.16× | 22.6% |
| FY2021 | 3.1% | 1.71× | 1.92× | 10.3% |
| FY2020 | 2.5% | 1.85× | 1.79× | 8.4% |
| FY2019 | 2.1% | 2.03× | 1.93× | 8.1% |
| FY2018 | 1.4% | 2.05× | 2.03× | 5.7% |
| FY2017 | 2.7% | 1.84× | 1.84× | 9.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$2.23B
- Cash generatingOperating cash flow above zero-$6.81B
- Return on assets improvedROA up on the prior year10.7% → 15.9%
- Earnings backed by cashOperating cash flow above net income-$6.81B vs $2.23B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.25 → 3.87
- No dilutionShare count did not rise628M → 697M
- Gross margin improvedGross margin up on the prior year11.06% → 10.82%
- More efficientAsset turnover rose2.24 → 2.79