SMCI Q4 2025

Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025

Earnings

Super Micro Computer delivered a mixed fiscal fourth quarter, with both revenue and adjusted earnings falling short of Wall Street expectations and sending shares sharply lower. The server and AI infrastructure maker posted revenue of $5.76 billion f… Read more Super Micro Computer delivered a mixed fiscal fourth quarter, with both revenue and adjusted earnings falling short of Wall Street expectations and sending shares sharply lower. The server and AI infrastructure maker posted revenue of $5.76 billion for the three months ended June 30, 2025, up from $5.35 billion a year ago, while non-GAAP diluted EPS came in at $0.41, compared to $0.54 in the prior-year period. The shortfall traced largely to continued margin compression, as GAAP gross margin slipped to 9.5% from 10.2%, reflecting the pricing dynamics of serving hyperscale and neocloud customers with GPU-heavy configurations that carry lower margin profiles. For the full fiscal year, revenue climbed 47% to $21.97 billion, though profitability lagged that growth. Adding further pressure, the company reduced its fiscal 2026 revenue target to at least $33.00 billion from a prior forecast of $40.00 billion, a retreat that rattled investors; for Q1 FY26, Supermicro guided revenue of $6.00 billion to $7.00 billion, with non-GAAP EPS of $0.40 to $0.52.