Revenue Growth
SMCI's revenue increased by 122.7% year-over-year, reaching $10.24 billion, indicating strong market demand and effective sales strategies.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
SMCI reported a significant increase in revenue and net income for Q3 FY2026, driven by strong operational performance and effective cost management, despite a substantial increase in liabilities and negative operating cash flow.
Revenue
$10.24B
+122.68% YoY
EPS (Diluted)
$0.72
+323.53% YoY
Gross Margin
9.9%
+0.4 pts YoY
Operating Income
$625.87M
+326.40% YoY
Source: SEC XBRL
Super Micro Computer (SMCI) reported Q3 FY2026 revenue of $10.24B, up 122.7% year over year. Operating margin was 6.1%, up 2.9 points from 3.2% a year earlier. SMCI's fiscal Q3 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 2 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Mar 2026This filing | 0.84 | 0.63 | Beat +32.3% |
| Dec 2025 | 0.69 | 0.50 | Beat +38.7% |
| Sep 2025 | 0.35 | 0.41 | Miss -14.9% |
| Jun 2025 | 0.41 | 0.45 | Miss -8.4% |
Adjusted (non-GAAP) EPS of $0.84 versus the $0.63 analyst consensus — a +32.3% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $0.72.
Compiled by AI from this SEC filing
SMCI's revenue increased by 122.7% year-over-year, reaching $10.24 billion, indicating strong market demand and effective sales strategies.
Source: 10-Q Income Statement
Operating income rose by 326.4% to $625.87 million, reflecting improved operational efficiency and cost control.
Source: 10-Q Income Statement
The company experienced a significant negative operating cash flow of -$7.56 billion, highlighting potential liquidity challenges.
Source: 10-Q Cash Flow Statement
Compiled by AI from this SEC filing · 2 high, 1 medium, 0 low
SMCI's debt to equity ratio is 2.10, indicating a high level of leverage which could pose financial risks if not managed properly.
Source: 10-Q Key Ratios
The negative operating cash flow of -$7.56 billion suggests potential liquidity issues that could impact the company's ability to meet short-term obligations.
Source: 10-Q Cash Flow Statement
Cash and equivalents decreased by 49.1% year-over-year, which may limit the company's financial flexibility.
Source: 10-Q Balance Sheet
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 10.24 $B | 4.60 $B | +122.68% |
Cost of Revenue $B | 9.22 $B | 4.16 $B | +121.76% |
Gross Profit $B | 1.02 $B | 0.44 $B | +131.40% |
Operating Income $M | 625.87 $M | 146.78 $M | +326.40% |
Net Income $M | 483.39 $M | 108.78 $M | +344.38% |
EPS (Basic) $ | 0.81 $ | 0.18 $ | +350.00% |
EPS (Diluted) $ | 0.72 $ | 0.17 $ | +323.53% |
R&D Expense $M | 215.66 $M | 162.86 $M | +32.42% |
Answers draw on this SEC filing and the data on this page
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