Super Micro Computer Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $39.06B | $21.97B | $14.99B | $7.12B | $5.20B | $3.56B | $3.34B | $3.50B |
| Server and Storage Systems | — | — | — | $6.60B | $4.76B | $3.12B | $2.75B | $2.83B |
| Subsystems and Accessories | — | — | — | $524.7M | $440.3M | $433.0M | $586.3M | $671.2M |
| Cost of Revenue | $34.84B | $19.54B | $12.93B | $5.84B | $4.40B | $3.02B | $2.81B | $3.00B |
| Gross Profit | $4.23B | $2.43B | $2.06B | $1.28B | $800.0M | $534.5M | $526.2M | $495.5M |
| Gross Margin | 10.8% | 11.1% | 13.8% | 18.0% | 15.4% | 15.0% | 15.8% | 14.2% |
| Operating Expenses | ||||||||
| Research & Development | $771.2M | $636.6M | $463.5M | $307.3M | $272.3M | $224.4M | $221.5M | $179.9M |
| SG&A Expense | $332.9M | $267.2M | $197.4M | $99.6M | $102.4M | $100.5M | $133.9M | $141.2M |
| Operating Income | $2.77B | $1.25B | $1.21B | $761.1M | $335.2M | $123.9M | $85.7M | $97.2M |
| Operating Margin | 7.1% | 5.7% | 8.1% | 10.7% | 6.4% | 3.5% | 2.6% | 2.8% |
| Interest Expense | — | — | — | $10.5M | $6.4M | $2.5M | $2.2M | $6.7M |
| Pretax Income | $2.79B | $1.21B | $1.21B | $754.3M | $336.8M | $118.6M | $84.8M | $89.5M |
| Income Tax Expense | $556.3M | $156.9M | $63.3M | $110.7M | $52.9M | $6.9M | $2.9M | $14.9M |
| Net Income | $2.23B | $1.05B | $1.15B | $640.0M | $285.2M | $111.9M | $84.3M | $71.9M |
| Net Margin | 5.7% | 4.8% | 7.7% | 9.0% | 5.5% | 3.1% | 2.5% | 2.1% |
| EPS (Basic) | $3.65 | $1.77 | $2.07 | $1.21 | $0.55 | $0.22 | $0.17 | $0.14 |
| EPS (Diluted) | $3.26 | $1.68 | $1.92 | $1.14 | $0.53 | $0.21 | $0.16 | $0.14 |
| Shares Outstanding (Basic) | 601.8M | 593.7M | 555.9M | 529.2M | 514.8M | 511.6M | 509.9M | 499.2M |
| Shares Outstanding (Diluted) | 697.3M | 628.4M | 602.1M | 559.7M | 536.2M | 535.1M | 528.4M | 517.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |