Super Micro Computer, Inc.
Business
Super Micro Computer is a Silicon Valley-based designer and manufacturer of rack-scale total IT solutions, including servers, storage systems, networking devices, and subsystems optimized for AI, high-performance computing, enterprise data centers, and edge computing workloads. The company offers complete solutions with liquid cooling technology, server management software, and global services for installation, maintenance, and support. Super Micro sells through direct sales to large cloud and enterprise customers and through indirect channels including distributors, value-added resellers, system integrators, and OEMs serving customers across over 100 countries.
Summary from 10-K filed 2025-08-28
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Net sales (including related party sales of $42,259, $69,791, and $60,537 in fiscal years 2025, 2024, and 2023, respectively) | 21,972 | 14,989 | 7,123 | 5,196 | 3,557 | |
| Cost of sales (including related party purchases of $650,658, $552,136, and $384,762 in fiscal years 2025, 2024, and 2023, respectively) | 19,542 | 12,928 | 5,840 | 4,396 | 3,023 | |
| Gross profit | 2,430 | 2,061 | 1,283 | 800 | 535 | |
| Research and development | 637 | 464 | 307 | 272 | 224 | |
| Sales and marketing | 273 | 190 | 115 | 90 | 86 | |
| General and administrative | 267 | 197 | 100 | 102 | 101 | |
| Total operating expenses | 1,177 | 851 | 522 | 465 | 411 | |
| Income from operations | 1,253 | 1,211 | 761 | 335 | 124 | |
| Other income, net | 18 | 23 | 4 | 8 | −3 | |
| Interest expense | −60 | −19 | −10 | −6 | — | |
| Income before income tax provision | 1,212 | 1,214 | 754 | 337 | 119 | |
| Income tax provision | −157 | −63 | −111 | −53 | −7 | |
| Share of (loss) income from equity investee, net of taxes | −6 | 2 | −4 | 1 | 173,000 | |
| Net income | 1,049 | 1,153 | 640 | 285 | 112 | |
| Basic (in dollars per share) | 1.77 | 2.07 | 1.21 | 0.55 | 2.19 | |
| Diluted (in dollars per share) | 1.68 | 1.92 | 1.14 | 0.53 | 2.09 | |
| Basic (in shares) | 594 | 556 | 529 | 515 | 51 | |
| Diluted (in shares) | 628 | 602 | 560 | 536 | 54 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 5,170 | 1,670 | 440 | 267 | 232 | |
| Accounts receivable, net of allowance for credit losses of $0 and $73 at June 30, 2025 and 2024, respectively (including amounts receivable from related parties of $393 and $6,194 at June 30, 2025 and 2024, respectively) | 2,204 | 2,737 | 1,148 | 835 | 464 | |
| Inventories | 4,680 | 4,333 | 1,446 | 1,546 | 1,041 | |
| Prepaid expenses and other current assets (including receivables from related parties of $13,745 and $11,939 at June 30, 2025 and 2024, respectively) | 247 | 192 | 145 | 159 | 130 | |
| Total current assets | 12,302 | 8,932 | 3,179 | 2,806 | 1,867 | |
| Property, plant, and equipment, net | 504 | 414 | 290 | 286 | 275 | |
| Deferred income taxes, net | 607 | 365 | 163 | 70 | 63 | |
| Other assets | 605 | 115 | 42 | 43 | 32 | |
| Total assets | 14,018 | 9,826 | 3,675 | 3,205 | 2,242 | |
| Accounts payable (including amounts due to related parties of $129,752 and $165,295 at June 30, 2025 and 2024, respectively) | 1,282 | 1,472 | 777 | 655 | 612 | |
| Accrued liabilities (including amounts due to related parties of $1,044 and $170 at June 30, 2025 and 2024, respectively) | 566 | 260 | 164 | 212 | 179 | |
| Income taxes payable | 53 | 18 | 129 | 42 | 13 | |
| Lines of credit and current portion of term loans | 75 | 402 | 170 | — | — | |
| Deferred revenue | 369 | 193 | 135 | 111 | 101 | |
| Total current liabilities | 2,345 | 2,346 | 1,375 | 1,470 | 969 | |
| Deferred revenue, non-current | 363 | 223 | 170 | 123 | 101 | |
| Term loans, non-current | 37 | 74 | 120 | — | — | |
| Convertible notes | 4,645 | 1,698 | 0 | — | — | |
| Other long-term liabilities (including amounts due to related parties of $608 and $0 at June 30, 2025 and 2024, respectively) | 327 | 68 | 38 | 39 | 41 | |
| Total liabilities | 7,717 | 4,409 | 1,703 | 1,779 | 1,146 | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Common stock and additional paid-in capital, $0.001 par value, Authorized shares: 1,000,000; Issued and outstanding shares: 594,137 and 588,087 at June 30, 2025 and 2024, respectively | 2,866 | 2,831 | 538 | 482 | 438 | |
| Accumulated other comprehensive income | 705,000 | 706,000 | 639,000 | 911,000 | 453,000 | |
| Retained earnings | 3,435 | 2,586 | 1,433 | 943 | 658 | |
| Total Super Micro Computer, Inc. stockholders equity | 6,302 | 5,417 | 1,972 | 1,426 | 1,096 | |
| Non-controlling interest | 178,000 | 164,000 | 165,000 | 172,000 | 173,000 | |
| Total stockholders equity | 6,302 | 5,417 | 1,972 | 1,426 | 1,096 | |
| Total liabilities and stockholders equity | 14,018 | 9,826 | 3,675 | 3,205 | 2,242 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 58 | 39 | 35 | 32 | — | |
| Amortization of debt discount and issuance costs | 10 | 2 | 0 | — | — | |
| Stock-based compensation expense | 314 | 232 | 54 | 33 | 29 | |
| Unrealized foreign currency exchange loss (gain) | 19 | −531,000 | −3 | −14 | — | |
| Loss on extinguishment of convertible notes | 30 | 0 | 0 | — | — | |
| Deferred income taxes, net | −215 | −168 | −93 | −7 | −8 | |
| Other non-cash (income) expense, net | −3 | 12 | −668,000 | 368,000 | −1 | |
| Accounts receivable, net (including changes in related party balances of $5,801, $(721), and $2,925 in fiscal years 2025, 2024, and 2023, respectively) | 533 | −1,589 | −312 | −372 | −60 | |
| Inventories | −356 | −2,900 | 100 | −505 | −189 | |
| Prepaid expenses and other assets (including changes in related party balances of $(1,806), $15,793, and $(3,320) in fiscal years 2025, 2024, and 2023, respectively) | −229 | −45 | 8 | −29 | −5 | |
| Accounts payable (including changes in related party balances of $(35,543), $76,161, and $1,779 in fiscal years 2025, 2024, and 2023, respectively) | −181 | 679 | 127 | 50 | 189 | |
| Accrued liabilities (including changes in related party balances of $874, $(13,847), and $(4,659) in fiscal years 2025, 2024, and 2023, respectively) | 272 | 93 | −50 | 36 | 25 | |
| Income taxes payable | 32 | −111 | 87 | 29 | 8 | |
| Deferred revenue | 315 | 112 | 71 | 32 | −1 | |
| Other long-term liabilities (including changes in related party balances of $608, $(178), and $(321) in fiscal years 2025, 2024, and 2023, respectively) | 3 | 8 | −4 | −11 | −4 | |
| Net cash provided by (used in) operating activities | 1,660 | −2,486 | 664 | −441 | 123 | |
| Purchases of property, plant, and equipment (including payments to related parties of $17,677, $10,625, and $7,844 in fiscal years 2025, 2024, and 2023, respectively) | −127 | −124 | −37 | −45 | −58 | |
| Investment in equity securities | −56 | −70 | −500,000 | — | — | |
| Acquisition, net of cash acquired | 0 | −296,000 | −2 | 0 | 0 | |
| Net cash used in investing activities | −183 | −194 | −39 | −46 | −58 | |
| Proceeds from lines of credit and term loans | 1,388 | 2,157 | 1,094 | 1,153 | 127 | |
| Repayment of lines of credit and term loans | −1,769 | −1,968 | −1,394 | −641 | −61 | |
| Proceeds from exercise of stock options | 21 | 29 | 30 | 21 | 28 | |
| Payment for withholding taxes related to settlement of equity awards | −142 | −174 | −28 | −10 | −9 | |
| Stock repurchases | −200 | 0 | −150 | 0 | −130 | |
| Issuances of common stock in public offerings, net of issuance costs of $42,575 | 0 | 2,314 | 0 | 0 | — | |
| Debt issuance costs in connection with amended 2029 Convertibles Notes | −31 | 0 | 0 | — | — | |
| Purchase of capped calls | −182 | −142 | 0 | 0 | — | |
| Other | 26,000 | 30,000 | −33,000 | −72,000 | — | |
| Net cash provided by (used in) financing activities | 2,024 | 3,912 | −448 | 523 | −44 | |
| Effect of exchange rate fluctuations on cash | 2 | −2 | −3 | −678,000 | 560,000 | |
| Net increase in cash, cash equivalents and restricted cash | 3,502 | 1,229 | 172 | 35 | 21 | |
| Cash paid for interest | 25 | 16 | 9 | 5 | 2 | |
| Cash paid for taxes, net of refunds | 327 | 392 | 115 | 20 | 3 | |
| Unpaid property, plant, and equipment purchases (including due to related parties of $3,879, $2,339, and $810 as of June 30, 2025, 2024, and 2023, respectively) | 16 | 20 | 2 | 8 | 9 | |
| Right of use (ROU) assets obtained in exchange for operating lease commitments | 276 | 33 | 3 | 11 | — | |
| Transfer of inventory to property, plant, and equipment, net | 8 | 13 | 0 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Super Micro Computer, Inc.'s CIK number?
Super Micro Computer, Inc.'s SEC CIK number is 0001375365 (1375365). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Super Micro Computer, Inc.'s SEC filings?
All of Super Micro Computer, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Super Micro Computer, Inc. last report earnings?
Super Micro Computer, Inc. (SMCI) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001375365-26-000013). This is Super Micro Computer, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Super Micro Computer, Inc.'s most recent earnings 8-K?
Super Micro Computer, Inc.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001375365-26-000013. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Super Micro Computer, Inc.'s latest earnings 8-K →
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