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SMCI · Q4 FY2026
Archived report (Q4 FY2026). Latest deep dive →
The quarter in brief
Revenue grew 93.2% y/y to $11.12B, operating margin 13.4% vs 4.0%, net income $1.17B (+497.0% y/y).
Net income attributable to common stockholders
$1,165M
up 497% y/y
Net sales
$11,120M
up 93.2% y/y
Income from operations
$1,488M
up 552% y/y
Gross profit
$1,943M
up 257% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Net sales | $11,120 · +93.2% |
| Cost of sales | $9,177 · +76.0% |
| Gross profit | $1,943 · +257% · 17.5% margin |
| Research and development | $201 · +10.0% |
| Sales and marketing | $142 · +119% |
| General and administrative | $111 · +63.8% |
| Income from operations | $1,488 · +552% · 13.4% margin |
| Other income (expense), net | $22.2 · vs −$11.8 |
| Interest income | $39.1 · +37.6% |
| Interest expense | $79.8 · +258% |
| Income before income tax provision | $1,470 · +560% |
| Income tax provision | $290 · +1403% · 19.7% effective rate |
| Share of loss from equity investee, net of taxes | $1.2 · −85.6% |
| Preferred stock dividends | $13.1 · vs $0 |
| Net income attributable to common stockholders | $1,165 · +497% · $1.62/sh · 10.5% margin |
Verdict: revenue grew 93.2% y/y to $11.12B, operating margin 13.4% vs 4.0%, net income $1.17B (+497.0% y/y).
Diluted EPS $1.62 vs $0.31 a year earlier; non-GAAP diluted EPS $1.70; gross margin 17.5% vs 9.5%; operating cash flow $747 million; fiscal 2026 net sales $39.1 billion vs $22.0 billion.
Source and notation
Source: Super Micro Computer press release, 8-K EX-99.1 of 08/11/2026 (SEC EDGAR). Every figure was matched against the income statement in the release and checked against SEC XBRL.
Open as an image: SMCI, Q4 FY2026 (PNG) ↗ · for sharing and presentations · free to reuse, CC BY 4.0
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Chart: “SMCI Q4 FY2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/smci/q4-fy2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/smci/q4-fy2026"><img src="https://whoreportstoday.com/t/smci/q4-fy2026/sankey.png" alt="SMCI Q4 FY2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/smci/q4-fy2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
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<a href="https://whoreportstoday.com/t/smci/q4-fy2026">SMCI Q4 FY2026 earnings chart (Who Reports Today)</a>
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- Net sales nearly doubled to $11.1 billion from $5.8 billion a year earlier, and gross margin rose to 17.5% from 9.5%, so net income jumped to $1,178 million from $195 million.
- The company said it generated more than $60 billion in new orders and booked record backlog entering fiscal 2027.
- Gross margin was 17.5% vs 9.5% a year earlier.
- Operating income was $1.49B, a 13.4% margin vs 4.0% a year earlier.
- The effective tax rate was 19.7% vs 8.7% a year earlier.
- Diluted EPS was $1.62 vs $0.31 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
SMCI — Super Micro Computer (Supermicro) designs and builds servers, storage and complete rack-scale IT solutions, including AI and GPU systems for data centers.
Its fiscal year ends June 30. Headquarters: San Jose, California.
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