SMCI · Super Micro Computer, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · SMCI

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$21.97B	$14.99B	$7.12B	$5.20B	$3.56B	$3.34B
Cost of Revenue	$19.54B	$12.93B	$5.84B	$4.40B	$3.02B	$2.81B
Gross Profit	$2.43B	$2.06B	$1.28B	$800.00M	$534.54M	$526.21M
R&D	$636.55M	$463.55M	$307.26M	$272.27M	$224.37M	$221.48M
SG&A	$267.24M	$197.35M	$99.58M	$102.44M	$100.54M	$133.94M
Total Operating Expenses	$1.18B	$850.64M	$521.87M	$464.83M	$410.59M	$440.56M
D&A	$41.00M	$30.10M	$34.90M	$32.47M	$28.18M	$28.47M
Operating Income	$1.25B	$1.21B	$761.14M	$335.17M	$123.95M	$85.65M
Interest Expense	$59.57M	$19.35M	$10.49M	$6.41M	$2.48M	$2.24M
Income Tax	$156.85M	$63.29M	$110.67M	$52.88M	$6.94M	$2.92M
Net Income	$1.05B	$1.15B	$640.00M	$285.16M	$111.86M	$84.31M
EPS - Basic	$1.77	$2.07	$1.21	$0.55	$0.22	$0.16
EPS - Diluted	$1.68	$1.92	$1.14	$0.53	$0.21	$0.16

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$5.17B	$1.67B	$440.46M	$267.40M	$232.27M	$210.53M
Accounts Receivable	$2.20B	$2.74B	$1.15B	$834.51M	$463.83M	$403.75M
Inventory	$4.68B	$4.33B	$1.45B	$1.55B	$1.04B	$851.50M
Accounts Payable	$1.28B	$1.47B	$776.83M	$655.40M	$612.34M	$417.67M
Current Assets	$12.30B	$8.93B	$3.18B	$2.81B	$1.87B	$1.59B
Total Assets	$14.02B	$9.83B	$3.67B	$3.21B	$2.24B	$1.92B
Current Liabilities	$2.34B	$2.35B	$1.37B	$1.47B	$968.90M	$707.63M
Long-term Debt	-	$85.65M◇	$120.18M	$147.62M	$34.70M	$0
Total Liabilities	$7.72B	$4.41B	$1.70B	$1.78B	$1.15B	$852.94M
Stockholders' Equity	$6.30B	$5.42B	$1.97B	$1.43B	$1.10B	$1.07B
Retained Earnings	$3.43B	$2.59B	$1.43B	$942.92M	$657.76M	$696.21M

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$1.66B	($2.49B)	$663.58M	($440.80M)	$122.95M	($30.33M)
Investing Cash Flow	($183.21M)	($194.25M)	($39.49M)	($46.28M)	($58.02M)	($43.59M)
Financing Cash Flow	$2.02B	$3.91B	($448.29M)	$522.87M	($44.44M)	$23.80M
CapEx	$127.21M	$124.28M	$36.79M	$45.18M	$58.02M	$44.34M
Free Cash Flow	$1.53B	($2.61B)	$626.79M	($485.98M)	$64.94M	($74.67M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	11.1%	13.8%	18.0%	15.4%	15.0%	15.8%
Operating margin	5.7%	8.1%	10.7%	6.5%	3.5%	2.6%
EBITDA margin	5.9%	8.3%	11.2%	7.1%	4.3%	3.4%
Net margin	4.8%	7.7%	9.0%	5.5%	3.1%	2.5%
Free cash flow margin	7.0%	-17.4%	8.8%	-9.4%	1.8%	-2.2%
FCF / Net income	1.46	-2.26	0.98	-1.70	0.58	-0.89
R&D / Revenue	2.9%	3.1%	4.3%	5.2%	6.3%	6.6%
SG&A / Revenue	1.2%	1.3%	1.4%	2.0%	2.8%	4.0%
Effective tax rate	13.0%	5.2%	14.7%	15.6%	5.8%	3.3%
Return on assets	7.5%	11.7%	17.4%	8.9%	5.0%	4.4%
Return on equity	16.6%	21.3%	32.5%	20.0%	10.2%	7.9%
Return on invested capital	-	20.9%	31.0%	18.0%	10.3%	7.8%
Liquidity
Current ratio	5.25	3.81	2.31	1.91	1.93	2.25
Quick ratio	3.25	1.96	1.26	0.86	0.85	1.05
Cash ratio	2.20	0.71	0.32	0.18	0.24	0.30
Leverage
Debt / Equity	-	0.02	0.06	0.10	0.03	0.00
Debt / Assets	-	0.01	0.03	0.05	0.02	0.00
Debt / EBITDA	-	0.07	0.15	0.40	0.23	0.00
Interest coverage	21.0x	62.6x	72.6x	52.3x	49.9x	38.3x
Equity multiplier	2.22	1.81	1.86	2.25	2.05	1.80
Liabilities / Assets	0.55	0.45	0.46	0.56	0.51	0.44
Efficiency
Asset turnover	1.57	1.53	1.94	1.62	1.59	1.74
Inventory turnover	4.18	2.98	4.04	2.84	2.90	3.30
Days sales outstanding	37d	67d	59d	59d	48d	44d
Days inventory outstanding	87d	122d	90d	128d	126d	110d
Days payable outstanding	24d	42d	49d	54d	74d	54d
Cash conversion cycle	100d	147d	101d	133d	99d	100d
Valuation
P / E	29.2x	42.7x	21.8x	7.6x	16.8x	17.7x
P / B	4.9x	9.1x	0.7x	0.2x	0.2x	0.1x
P / S	1.4x	3.3x	0.2x	0.0x	0.1x	0.0x
EV / EBITDA	19.8x	38.5x	1.4x	0.3x	-0.1x	-0.5x
Growth
Revenue growth (YoY)	46.6%	110.4%	37.1%	46.1%	6.5%	-0.6%
Revenue CAGR (3y)	61.7%	61.5%	28.7%	15.6%	-	14.5%
Revenue CAGR (5y)	45.8%	34.9%	-	18.5%	9.9%	10.9%
Gross profit growth (YoY)	17.9%	60.7%	60.4%	49.7%	1.6%	22.4%
Operating income growth (YoY)	3.5%	59.1%	127.1%	170.4%	44.7%	-9.6%
Net income growth (YoY)	-9.0%	80.1%	124.4%	154.9%	32.7%	82.6%
EPS growth (YoY)	-12.5%	68.0%	114.8%	154.5%	30.6%	-82.0%
EPS CAGR (3y)	46.7%	109.4%	92.6%	-15.8%	-	-50.1%
EPS CAGR (5y)	60.0%	16.6%	-	-16.2%	-31.5%	-39.8%
FCF growth (YoY)	-	-	-	-	-	-
FCF CAGR (5y)	-	-	-	-	-2.4%	-
Book value growth (YoY)	16.3%	174.7%	38.3%	30.0%	2.9%	13.2%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-06-30.

Product / service

$22.53B total

Server And Storage Systems$21.31B · 94.6%

Subsystems And Accessories$660.40M · 2.9%

Service And Software$330.50M · 1.5%

Service$223.10M · 1.0%

Geographic

$21.97B total

US$13.05B · 59.4%

Asia$5.49B · 25.0%

Europe$2.73B · 12.4%

Other Countries$698.34M · 3.2%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

2.90

Safe

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✓Current ratio improved
✗No share dilution
✗Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Electronic Computers

Company	Revenue (last FY)	Net margin	ROE
DELL	$113.54B	5.2%	-240.3%
AAPL	$416.16B	26.9%	151.9%
SCKT	$15.08M	-95.4%	-336.1%
OMCL	$1.18B	0.2%	0.2%
OSS	$32.22M	15.8%	11.1%

Comparing Super Micro Computer against the 5 most active filers in the same SIC group.

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.