Filing Flows

Filing Flows › Companies › Super Micro Computer › Cash flow

Super Micro Computer cash flow, quarter by quarter

Latest: Q1 FY27 · from the cash-flow statements filed with the SEC

Free cash flow−$476M in Q1 FY27 · −$6.5B over twelve months

Operating cash flow−$434M
Capital spending−$41.6M
Free cash flow−$476M
Cash / net income-0.3×
Cash conversion cycle97 days

Analysis

In Q1 FY27, Super Micro Computer generated −$434M of operating cash flow and spent $41.6M on capital projects, leaving free cash flow of −$476M. That is $474M more than in Q1 FY26 (−$950M).

Over the twelve months to Sep 30, 2026, operating cash flow was −$6.3B; the largest uses were operating cash flow ($6.3B), capital spending ($171M), taxes on employees’ shares ($119M); besides operations, cash came from other financing ($5.6B), net borrowing (+) / repaid (−) ($3.8B); the cash balance rose by $2.8B.

Operating cash flow was −$434M against net income of $1.6B — -0.3× profit, less cash than reported earnings, worth checking against working capital. The largest differences: receivables −$3.6B, deferred revenue +$3.1B, inventory −$2.5B.

Its cash conversion cycle was 97 days (receivables 36 + inventory 74 − payables 13).

Free cash flow

Super Micro Computer: free cash flow by quarterSuper Micro Computer: free cash flow by quarter−$267MQ2 FY25$594MQ3 FY25$841MQ4 FY25−$950MQ1 FY26−$45.1MQ2 FY26−$6.7BQ3 FY26$719MQ4 FY26−$476MQ1 FY27
Operating cash flow less capital spending.
Super Micro Computer: operating cash flow against capital spendingSuper Micro Computer: operating cash flow against capital spendingOperating cash flowCapital spending−$240M$27.5MQ2 FY25$627M$32.7MQ3 FY25$864M$22.7MQ4 FY25−$918M$32.3MQ1 FY26−$23.9M$21.2MQ2 FY26−$6.6B$80.3MQ3 FY26$747M$28.2MQ4 FY26−$434M$41.6MQ1 FY27
Latest (Q1 FY27): Operating cash flow −$434M, Capital spending $41.6M.

Capital allocation, year by year

Super Micro Computer: where the cash came from (up) and went (down), by fiscal yearSuper Micro Computer: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedCapital spendingAcquisitionsBuybacksFY22: Operating cash flow −$441MFY22: Net borrowing $513MFY22: Shares issued $21.0MFY22: Capital spending −$45.2M$534MFY22FY23: Operating cash flow $664MFY23: Net borrowing −$301MFY23: Shares issued $30.5MFY23: Capital spending −$36.8MFY23: Acquisitions −$2.2MFY23: Buybacks −$150M$694MFY23FY24: Operating cash flow −$2.5BFY24: Net borrowing $189MFY24: Shares issued $29.5MFY24: Capital spending −$124MFY24: Acquisitions −$296K$218MFY24FY25: Operating cash flow $1.7BFY25: Net borrowing −$381MFY25: Shares issued $20.9MFY25: Capital spending −$127MFY25: Buybacks −$200M$1.7BFY25FY26: Operating cash flow −$6.8BFY26: Net borrowing $3.9BFY26: Shares issued $5.7BFY26: Capital spending −$162M$9.6BFY26
Over these 5 years operating cash flow totalled −$7.4B; the largest uses were operating cash flow ($9.7B) and net borrowing ($681M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$6.9B
Debtnone
Net cash$6.9B
Due within a year$2.0B
Cash runway13 months

Super Micro Computer is burning cash: its operations consume cash, a free cash flow of −$6.5B a year at the current rate against $6.9B of cash and investments: a runway of about 13 months; $2.0B of debt also comes due within a year, which would need refinancing or new money before any new financing.

Super Micro Computer: debt maturities by year (FY26)Super Micro Computer: debt maturities by year (FY26)$2.0BYear 1$6.1MYear 2$5.4MYear 3$4.9MYear 4$2.0BYear 5
Principal due in each year as disclosed in the annual report, against $6.9B of cash and investments now.

Where the cash came from and went

Super Micro Computer: sources (+) and uses (−) of cash, Q1 FY27Super Micro Computer: sources (+) and uses (−) of cash, Q1 FY27Cash drawn (+) / kept (−)$616MOperating cash flow−$434MNet borrowing (+) / repaid (−)−$81.9MCapital spending−$41.6MTaxes on employees’ shares−$32.6MOther financing−$23.9MOther investing−$5.0MShares issued$3.1MExchange rates−$15K
Super Micro Computer: sources (+) and uses (−) of cash, TTM to Q1 FY27Super Micro Computer: sources (+) and uses (−) of cash, TTM to Q1 FY27Operating cash flow−$6.3BOther financing$5.6BNet borrowing (+) / repaid (−)$3.8BCash drawn (+) / kept (−)−$2.8BCapital spending−$171MTaxes on employees’ shares−$119MOther investing−$43.3MShares issued$41.4MExchange rates−$4.8M

From profit to cash

Super Micro Computer: net income to operating cash flow, Q1 FY27Super Micro Computer: net income to operating cash flow, Q1 FY27Net income$1.6BDepreciation & amortization$15.0MStock-based pay$100MDeferred taxes−$6.9MOther non-cash$5.5MReceivables−$3.6BInventory−$2.5BPayables$474MAccrued liabilities$446MDeferred revenue$3.1BPrepaid and other assets−$350MOther liabilities$8.8MIncome taxes payable$223MOperating cash flow−$434M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q1 FY2736741397
Q4 FY265911929149
Q3 FY268510685106
Q2 FY2649635854
Q1 FY264310526123
Q4 FY2538751796
Q3 FY25568113124
Q2 FY25477821105

Every quarter

QuarterOperating cash flowCapital spendingNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q1 FY27−$434M−$41.6M−$81.9M$3.1M$616M−$476M
Q4 FY26$747M−$28.2M−$61.9M$27.9M−$6.3B$719M
Q3 FY26−$6.6B−$80.3M$3.9B$5.4M$2.9B−$6.7B
Q2 FY26−$23.9M−$21.2M$98.4M$5.0M$5.5M−$45.1M
Q1 FY26−$918M−$32.3M$17.0M$7.9M$973M−$950M
Q4 FY25$864M−$22.7M−$7.3M$6.4M−$2.6B$841M
Q3 FY25$627M−$32.7M−$106M$7.6M−$1.1B$594M
Q2 FY25−$240M−$27.5M−$346M$342K$658M−$267M

Super Micro Computer: income statement and cash flow

Super Micro Computer, Q1 FY27: revenue $19.9B (+298% year over year), operating margin 10.4%. The chart follows the revenue to costs, profit and cash.

Super Micro Computer: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.