Filing Flows › Super Micro Computer (SMCI) › Q1 FY27
Super Micro Computer (SMCI) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 6, 2026
Super Micro Computer (SMCI) reported revenue of $19.9B for the first quarter fiscal 2027 (Q1 FY27), +298% from a year earlier and +79% from the quarter before. Operating margin was 10.4%, net earnings $1.6B (8.0% of revenue).
Super Micro Computer, Q1 FY27: revenue $19.9B (+298% year over year), operating margin 10.4%, net earnings $1.6B, operating cash flow −$434M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.9B | +79% | +298% |
| Gross profit | $2.5B | +31% | +444% |
| Operating profit | $2.1B | +39% | 11× |
| Net earnings | $1.6B | +35% | +847% |
| Operating cash flow | −$434M | -158% | — |
What changed
Revenue was $19.9B in Q1 FY27, up 298% year over year and up 79% from the previous quarter.
Gross margin was 12.7%, up 3.4 points from Q1 FY26. Operating profit was $2.1B, a 10.4% margin (up 6.7 points year over year). Of the extra revenue versus Q1 FY26, 13% reached operating profit, above the 4% margin then. Operating expenses grew 67% against revenue growth of 298%. The fastest-growing cost line was Sales & marketing (+177%). Net earnings were $1.6B, up 847% year over year. The effective tax rate was 21.4%.
Operating cash flow was −$0.43B. Non-cash charges added back $0.02B of depreciation and amortization and $0.10B of share-based compensation. Working capital and other items used $2.1B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.48B.
Questions
What was Super Micro Computer's revenue in the first quarter fiscal 2027?
Super Micro Computer (SMCI) reported revenue of $19.9B for the first quarter fiscal 2027 (Q1 FY27), +298% from a year earlier and +79% from the quarter before.
Was Super Micro Computer profitable in the first quarter fiscal 2027?
Operating profit was $2.1B (10.4% of revenue) and net earnings $1.6B.