Filing Flows › Super Micro Computer (SMCI) › Q4 FY25
Super Micro Computer (SMCI) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 28, 2025
Super Micro Computer (SMCI) reported revenue of $5.8B for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and +25% from the quarter before. Operating margin was 4.0%, net earnings $195M (3.4% of revenue).
Super Micro Computer, Q4 FY25: revenue $5.8B (+8% year over year), operating margin 4.0%, net earnings $195M, operating cash flow $864M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.8B | +25% | +8% |
| Gross profit | $544M | +24% | -0.4% |
| Operating profit | $228M | +56% | -21% |
| Net earnings | $195M | +79% | -34% |
| Operating cash flow | $864M | +38% | — |
| Free cash flow | $841M | +42% | — |
What changed
Revenue was $5.8B in Q4 FY25, up 8% year over year and up 25% from the previous quarter. Server and storage systems was the largest line at 98% of revenue.
Gross margin was 9.5%, down 0.7 points from a year earlier. Operating profit was $0.23B, a 4.0% margin (down 1.4 points year over year). Operating profit fell $0.06B even though revenue rose $0.40B versus a year earlier, so costs grew faster than sales. Operating expenses grew 23% against revenue growth of 8%. The fastest-growing cost line was Research & development (+44%). Net earnings were $0.20B, down 34% year over year. The effective tax rate was 9.0%.
Operating cash flow was $0.86B, 442% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items added $0.57B. Capital expenditures of $0.02B left free cash flow of $0.84B.
Questions
What was Super Micro Computer's revenue in the fourth quarter fiscal 2025?
Super Micro Computer (SMCI) reported revenue of $5.8B for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and +25% from the quarter before.
Was Super Micro Computer profitable in the fourth quarter fiscal 2025?
Operating profit was $228M (4.0% of revenue) and net earnings $195M.