Super Micro Computer (SMCI) Q4 2026 Earnings
How Did SMCI Stock React to Q4 2026 Earnings?
S&P 500 over the same 30 days: −1.50%.
Did SMCI Beat Earnings? Q4 2026 Results
Yes. Super Micro Computer reported Q4 2026 earnings of $1.70 a share on Aug 11, 2026, beating the $0.96 consensus estimate by 77.5%. Revenue was $11.1B against a $11.6B estimate.
Super Micro Computer delivered a blowout fiscal fourth quarter, posting adjusted non-GAAP EPS of $1.70 against a consensus estimate of $0.96, a beat of 77.55% that reflected a dramatic recovery in gross margins rather than just raw volume. Revenue of $11.12 billion, up 93.2% year over year, came in modestly below the $11.56 billion consensus, yet the quarter's defining story was gross margin expanding to 17.5% GAAP from just 9.5% a year earlier, as a richer mix of enterprise customers and the company's Data Center Building Block Solutions architecture lifted profitability sharply. <a href="https://247wallst.com/investing/2026/08/11/live-can-super-micros-q4-earnings-tonight-spark-a-rebound-after-30-1-year-decline/">Investors watching for a rebound</a> got meaningful validation, with CEO Charles Liang citing more than $60 billion in new orders and a record backlog entering fiscal 2027. Management guided Q1 FY2027 revenue to $14.50 billion to $15.50 billion and set full-year fiscal 2027 revenue expectations at $65.00 billion to $72.00 billion, signaling confidence in sustained, rapid scaling ahead.
- Richer enterprise customer mix driving gross margin expansion to 17.5% in Q4 from 9.5% a year ago
- Broader adoption of optimized DCBBS architecture
- More than $60 billion in new orders during fiscal year 2026
- Record backlog entering fiscal 2027
- Addition of several hundred enterprise and other customers
“Our Total AI/IT Solutions strategy continues to deliver strong results, we added several hundred enterprise and other customers in the past year, generated more than $60 billion in new orders, and booked record backlog entering fiscal 2027.”
Super Micro Computer CEO, on the earnings call
What Is Super Micro Computer's Outlook?
For Q1 FY2027 (ending September 30, 2026), Supermicro expects net sales of $14.5 billion to $15.5 billion, GAAP diluted EPS of $0.89 to $0.98, and non-GAAP diluted EPS of $1.01 to $1.10, assuming a tax rate of approximately 20.1% (GAAP) and 20.5% (non-GAAP), with fully diluted share counts of 745 million (GAAP) and 761 million (non-GAAP). Q1 FY2027 GAAP EPS includes approximately $106 million in stock-based compensation expense net of $32 million in related tax effects. For full fiscal year 2027, the company expects net sales of $65.0 billion to $72.0 billion.
SMCI YoY Financials
| Metric | Q4 2026 | Q4 2025 | Year over year |
|---|---|---|---|
| Revenue | $11.1B | $5.8B | +93.2% |
| Gross Profit | $1.9B | $544.1M | +257.0% |
| Operating Income | $1.5B | $228.4M | +551.5% |
| Net Income | $1.2B | $195.2M | +503.7% |
When Does Super Micro Computer Report Next?
Figures from SEC filings and company reports. Not investment advice.