Super Micro Computer, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.23B | $1.05B | $1.15B | $640.0M | $285.2M | $111.9M | $84.3M | $71.9M |
| Depreciation & Amortization | $53.0M | $41.0M | $30.1M | $26.9M | $24.8M | $28.2M | $28.5M | $24.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $412.1M | $314.5M | $231.5M | $54.4M | $32.8M | $28.5M | $20.2M | $21.2M |
| Net Cash from Operating Activities | $-6.81B | $1.66B | $-2.49B | $663.6M | $-440.8M | $123.0M | $-30.3M | $262.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $162.0M | $127.2M | $124.3M | $36.8M | $45.2M | $58.0M | $44.3M | $24.8M |
| Business Acquisitions | $0 | $0 | $296.0K | $2.2M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-200.3M | $-183.2M | $-194.2M | $-39.5M | $-46.3M | $-58.0M | $-43.6M | $-24.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | $0 |
| Net Cash from Financing Activities | $9.48B | $2.02B | $3.91B | $-448.3M | $522.9M | $-44.4M | $23.8M | $-95.8M |
| Net Change in Cash | $2.46B | $3.50B | $1.23B | $172.4M | $35.1M | $21.1M | $-49.8M | $141.8M |
| Free Cash Flow | $-6.97B | $1.53B | $-2.61B | $626.8M | $-486.0M | $64.9M | $-74.7M | $237.7M |