Filing Flows › Super Micro Computer (SMCI) › Q4 FY26 › vs Q4 FY25
Super Micro Computer (SMCI) Q4 FY26 vs Q4 FY25 (year over year)
Super Micro Computer's revenue rose $5.4B (+93%) from $5.8B in Q4 FY25 to $11.1B in Q4 FY26. Gross margin 17.5% against 9.5% (+8.0 pts).
Super Micro Computer, Q4 FY26: revenue $11.1B (+93% year over year), operating margin 13.4%, net earnings $1.2B, operating cash flow $747M. The chart draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 17.5% | 9.5% | +8.0 pts |
| Operating margin | 13.4% | 4.0% | +9.4 pts |
| Net margin | 10.6% | 3.4% | +7.2 pts |
| Free cash flow margin | 6.5% | 14.6% | -8.1 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $11.1B | $5.8B | $5.4B | +93% |
| Gross profit | $1.9B | $544M | $1.4B | +257% |
| Cost of revenue | $9.2B | $5.2B | $4.0B | +76% |
| Operating profit | $1.5B | $228M | $1.3B | +552% |
| Operating expenses | $455M | $316M | $139M | +44% |
| Pre-tax earnings | $1.5B | $214M | $1.3B | +585% |
| Research & development | $201M | $183M | $18.3M | +10% |
| Sales & marketing | $142M | $64.7M | $77.3M | +119% |
| General & admin | $111M | $67.8M | $43.2M | +64% |
| Net earnings | $1.2B | $195M | $983M | +504% |
| Income tax | $290M | $19.3M | $271M | 15× |
| Depreciation & amortization | $14.6M | $11.6M | $3.0M | +26% |
| Share-based compensation | $107M | $83.6M | $22.9M | +27% |
| Working capital & other | $552M | −$573M | $1.1B | — |
| Operating cash flow | $747M | $864M | −$117M | -14% |
| Free cash flow (OCF − capex) | $719M | $841M | −$122M | -15% |
| Capital expenditures | $28.2M | $22.7M | $5.6M | +24% |
Questions
How much did Super Micro Computer's revenue grow year over year in Q4 FY26?
Super Micro Computer's revenue rose $5.4B (+93%) from $5.8B in Q4 FY25 to $11.1B in Q4 FY26. Gross margin 17.5% against 9.5% (+8.0 pts).