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Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company provides liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; SuperStorage systems; Hyper, CloudDC, and WIO and rackmount systems; embedded (5G/IoT/Edge) systems; and MicroCloud server systems. It also offers workstations and networking devices; and modular server subsystems and accessories, including server boards, chassis, power supplies, and other accessories. In addition, the company provides remote system management solutions, such as Server Management suite comprising Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, and SuperDoctor 5. Further, the company identifies service requirements; creates and executes project plans; conducts verification testing; offers training; and provides technical documentation. Additionally, it offers rack level services from design to deployment for full rack and cluster level deployments of AI and HPC datacenters; help desk services and on-site product support; and warranties, maintenance, and technical support services. The company serves enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing markets through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $22.0B | $1.3B | $1.0B | $1.5B | 16.6% | 46.6% | -9.0% |
| 2024 | $15.0B | $1.3B | $1.2B | $-2.6B | 21.3% | 110.4% | 80.1% |
| 2023 | $7.1B | $800M | $640M | $627M | 32.5% | 37.1% | 124.4% |
| 2022 | $5.2B | $376M | $285M | $-486M | 20.0% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,196.10 | 7,123.48 | 14,989.25 | 21,972.04 |
| Operating Revenue | - | 5,196.10 | 7,123.48 | 14,989.25 | 21,972.04 |
| Cost Of Revenue | - | 4,396.10 | 5,840.47 | 12,927.84 | 19,542.12 |
| Gross Profit | - | 800 | 1,283.01 | 2,061.41 | 2,429.92 |
| Operating Expense | - | 464.83 | 521.87 | 850.64 | 1,176.93 |
| Research And Development | - | 272.27 | 307.26 | 463.55 | 636.55 |
| Selling General And Administration | - | 192.56 | 214.61 | 387.09 | 540.38 |
| Total Expenses | - | 4,860.93 | 6,362.34 | 13,778.48 | 20,719.05 |
| Operating Income | - | 335.17 | 761.14 | 1,210.77 | 1,252.99 |
| Total Operating Income As Reported | - | 335.17 | 761.14 | 1,210.77 | 1,252.99 |
| EBITDA | - | 375.72 | 799.69 | 1,272.18 | 1,329.83 |
| Normalized EBITDA | - | 375.72 | 799.69 | 1,272.18 | 1,329.83 |
| EBIT | - | 343.25 | 764.79 | 1,233.49 | 1,271.49 |
| Interest Expense | - | 6.41 | 10.49 | 19.35 | 59.57 |
| Net Interest Income | - | -6.41 | -10.49 | -19.35 | -59.57 |
| Other Non Operating Income Expenses | - | 8.08 | 3.65 | 22.72 | 18.50 |
| Other Income Expense | - | 8.08 | 3.65 | 22.72 | 18.50 |
| Interest Expense Non Operating | - | 6.41 | 10.49 | 19.35 | 59.57 |
| Net Non Operating Interest Income Expense | - | -6.41 | -10.49 | -19.35 | -59.57 |
| Pretax Income | - | 336.83 | 754.30 | 1,214.14 | 1,211.92 |
| Tax Provision | - | 52.88 | 110.67 | 63.29 | 156.85 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 285.16 | 640 | 1,152.67 | 1,048.85 |
| Net Income From Continuing And Discontinued Operation | - | 285.16 | 640 | 1,152.67 | 1,048.85 |
| Net Income From Continuing Operation Net Minority Interest | - | 285.16 | 640 | 1,152.67 | 1,048.85 |
| Net Income | - | 285.16 | 640 | 1,152.67 | 1,048.85 |
| Net Income Common Stockholders | - | 285.16 | 640 | 1,152.67 | 1,048.85 |
| Net Income Including Noncontrolling Interests | - | 285.16 | 640 | 1,152.67 | 1,048.85 |
| Normalized Income | - | 285.16 | 640 | 1,152.67 | 1,048.85 |
| Diluted NI Availto Com Stockholders | - | 285.16 | 640 | 1,152.67 | 1,048.85 |
| Basic Average Shares | - | 514.78 | 529.25 | 555.88 | 593.66 |
| Diluted Average Shares | - | 536.15 | 559.70 | 602.15 | 628.40 |
| Reconciled Depreciation | - | 32.47 | 34.90 | 38.69 | 58.34 |
| Reconciled Cost Of Revenue | - | 4,396.10 | 5,840.47 | 12,927.84 | 19,542.12 |
| Earnings From Equity Interest Net Of Tax | - | 1.21 | -3.63 | 1.82 | -6.21 |
| General And Administrative Expense | - | 102.44 | 99.58 | 197.35 | 267.24 |
| Other Gand A | - | 102.44 | 99.58 | 197.35 | 267.24 |
| Selling And Marketing Expense | - | 90.13 | 115.02 | 189.74 | 273.14 |
| Average Dilution Earnings | - | 0 | 0 | 1.48 | - |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Super Micro Computer, Inc.this co. | SMCI | $28.2B | 26.89 | 4.48 | 16.6% | 20.92 |
| Qnity Electronics, Inc. | Q | $32.4B | 46.83 | 4.57 | 9.8% | 25.32 |
| Teledyne Technologies Incorporated | TDY | $28.7B | 32.03 | 2.73 | 8.5% | 20.77 |
| Fair Isaac Corporation | FICO | $27.1B | 41.50 | - | -37.3% | 31.54 |
| VeriSign, Inc. | VRSN | $26.7B |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.38 |
| -12.41 |
| -38.3% |
| 23.99 |
| Atlassian Corporation | TEAM | $25.8B | -100.35 | 19.14 | -19.1% | 1018.89 |
| Cognizant Technology Solutions Corporation | CTSH | $25.3B | 11.33 | 1.68 | 14.9% | 6.02 |
| HP Inc. | HPQ | $24.1B | 9.51 | -69.51 | -730.9% | 7.55 |
| Corpay, Inc. | CPAY | $23.3B | 21.82 | 6.01 | 27.5% | 13.23 |
| Peer Median | - | 26.93 | 2.73 | -5.3% | 22.38 | |