Stock research

Super Micro Computer, Inc. (SMCI) Stock Research

Super Micro Computer builds high-performance servers and storage systems tailored for AI and data-center workloads.

For the fiscal year ended June 30, 2025, Super Micro Computer, Inc. reported revenue of $22.0B and net income of $1.0B, with operating cash flow of $1.7B. Source: Form 10-K filed August 31, 2026

The latest annual report covers the period ended June 30, 2026 (filed August 31, 2026); figures for that year are not yet in our data.

SEC data as of

Revenue
$22.0B
FY ending 2025-06-30
Net income
$1.0B
FY ending 2025-06-30
Diluted EPS
$1.68
Net margin
4.8%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Super Micro Computer

Exchange
NASDAQ: SMCI
Sector
Information Technology
SEC industry
Electronic Computers (SIC 3571)
Fiscal year end
June 30

SMCI key financials

Reported figures from Super Micro Computer, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$22.0B2024-07-01 – 2025-06-30SEC filing
Net income$1.0B2024-07-01 – 2025-06-30SEC filing
Operating cash flow$1.7B2024-07-01 – 2025-06-30SEC filing
Diluted EPS$1.682024-07-01 – 2025-06-30SEC filing
Net margin4.8%2024-07-01 – 2025-06-30SEC filing
Shares outstanding599MAs of 2026-01-31SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in SMCI

Super Micro Computer, Inc. sits in Information Technology. Semiconductors, software, and hardware — the companies building the digital and AI infrastructure the rest of the economy runs on. We have not yet written company-specific drivers for SMCI; the forces that matter most for the sector are:

  • ◆The AI capital-expenditure cycle
  • ◆Interest rates and the cost of long-duration growth
  • ◆Enterprise IT budgets and cloud migration
  • ◆Export controls and the US–China chip race

Key questions for the SMCI thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does SMCI's reported profit turn into cash?

Operating cash flow was $1.7B, 1.58 times net income of $1.0B, for the fiscal year ended June 30, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed August 31, 2026

How much of SMCI's revenue is left as profit?

Net income was 4.8% of revenue for the fiscal year ended June 30, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed August 31, 2026

When does Super Micro Computer, Inc.'s fiscal year end?

The SEC lists Super Micro Computer, Inc.'s fiscal year end as June 30, not December 31. The latest annual figures here run from July 1, 2024 to June 30, 2025.

Annual results cover a different 12 months from calendar-year peers. Align periods before comparing growth or margins across companies.

Form 10-K filed August 31, 2026

Members-only research

What members are reading this month

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

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Congressional trading in SMCI

PoliticianTrade dateTypeOwnerAmountSource
John Boozman2025-12-31SaleJoint$1,001 - $15,000Filing #d3daa40b-123d-4451-9974-02bf5a96d8da
John Boozman2025-12-11PurchaseJoint$1,001 - $15,000Filing #0677bd3f-167e-4cae-8f1d-05eb4340fcdc
Gilbert Cisneros2025-11-12SaleSelf$1,001 - $15,000Filing #20033619
Gilbert Cisneros2025-09-05PurchaseSelf$1,001 - $15,000Filing #20032248
Tim Moore2025-05-02SaleSelf$15,001 - $50,000Filing #20030516
Tim Moore2025-04-30PurchaseSelf$15,001 - $50,000Filing #20030522
Robert Bresnahan2025-04-08SaleSelf$1,001 - $15,000Filing #20030291
Julie Johnson2025-04-01SaleJoint$1,001 - $15,000Filing #20030296
Robert Bresnahan2025-02-25PurchaseSelf$1,001 - $15,000Filing #20029034
Julie Johnson2025-01-15PurchaseJoint$1,001 - $15,000Filing #20026762

All verified SMCI congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

SMCI — frequently asked questions

What does Super Micro Computer, Inc. do?

Super Micro Computer builds high-performance servers and storage systems tailored for AI and data-center workloads.

What were SMCI's latest reported annual revenue and net income?

For the fiscal year ended June 30, 2025, Super Micro Computer, Inc. reported revenue of $22.0B and net income of $1.0B, with operating cash flow of $1.7B. The figures come from Super Micro Computer, Inc.'s SEC XBRL filings.

When does Super Micro Computer, Inc.'s fiscal year end?

The SEC lists Super Micro Computer, Inc.'s fiscal year end as June 30.

Do members of Congress trade SMCI?

The current verified House and Senate snapshot contains 11 transaction rows for SMCI, each linked to the original filing.

Is SMCI a good investment?

This page does not rate SMCI as a buy or sell. It sets out what Super Micro Computer, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the SMCI numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included