SMCI Chart
About

Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company offers liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; SuperStorage systems; Hyper, CloudDC, and WIO and rackmount systems; embedded (5G/IoT/Edge) systems; and MicroCloud server systems. It also provides workstations and networking devices; and modular server subsystems and accessories, including server boards, chassis, power supplies, and other accessories. In addition, the company offers remote system management solutions, such as Server Management suite comprising Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, and SuperDoctor 5. Further, the company identifies service requirements; creates and executes project plans; conducts verification testing; offers training; and provides technical documentation. Additionally, it offers rack level services from design to deployment for full rack and cluster level deployments of AI and HPC datacenters; help desk services and on-site product support; and warranties, maintenance, and technical support services. The company serves enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing markets through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Computer Hardware Market Cap 18.65B
Enterprise Value 19.80B Income 872.78M Sales 28.06B
Book/sh 11.67 Cash/sh 6.86 Dividend Yield —
Payout 0.00% Employees 6238 IPO —
P/E 22.72 Forward P/E 10.51 PEG —
P/S 0.66 P/B 2.67 P/C —
EV/EBITDA 18.05 EV/Sales 0.71 Quick Ratio 0.98
Current Ratio 1.70 Debt/Eq 75.28 LT Debt/Eq —
EPS (ttm) 1.37 EPS next Y 2.96 EPS Growth 19.20%
Revenue Growth 123.40% Earnings 2026-05-05 ROA 3.42%
ROE 13.19% ROIC — Gross Margin 8.02%
Oper. Margin 3.74% Profit Margin 3.11% Shs Outstand 598.99M
Shs Float 499.35M Short Float 20.21% Short Ratio 2.93
Short Interest — 52W High 62.36 52W Low 27.60
Beta 1.52 Avg Volume 28.44M Volume 17.93M
Target Price $41.31 Recom None Prev Close $30.71
Price $31.13 Change 1.37%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$41.31
Mean price target
2. Current target
$31.13
Latest analyst target
3. DCF / Fair value
$3.11
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$31.13
Low
$15.00
High
$63.00
Mean
$41.31

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-10-02 main Barclays Equal-Weight → Equal-Weight $42
2024-09-23 main Loop Capital Buy → Buy $1000
2024-09-18 init Needham — → Buy $600
2024-09-17 init Mizuho — → Neutral $450
2024-09-06 down JP Morgan Overweight → Neutral $500
2024-09-04 down Barclays Overweight → Equal-Weight $438
2024-08-28 down CFRA Buy → Hold $454
2024-08-28 reit Barclays Overweight → Overweight $693
2024-08-28 main Wells Fargo Equal-Weight → Equal-Weight $375
2024-08-08 main Goldman Sachs Neutral → Neutral $675
2024-08-07 down B of A Securities Buy → Neutral $700
2024-08-07 main Wells Fargo Equal-Weight → Equal-Weight $650
2024-08-07 main Rosenblatt Buy → Buy $1300
2024-08-07 main JP Morgan Overweight → Overweight $950
2024-08-02 reit Wedbush Neutral → Neutral $800
2024-07-15 main Susquehanna Negative → Negative $325
2024-07-10 down Nomura Buy → Neutral $930
2024-05-01 main Wells Fargo Equal-Weight → Equal-Weight $890
2024-05-01 main Goldman Sachs Neutral → Neutral $800
2024-05-01 main Wedbush Neutral → Neutral $800
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 1750 — — CLEGG DON W Officer — 2026-02-17 00:00:00 D nan
1 6500 — — WEIGAND DAVID E Chief Financial Officer — 2026-02-17 00:00:00 D nan
2 4000 — — XIAO JIN Officer — 2026-02-17 00:00:00 D nan
3 3650 — — LIU LIANG CHIU-CHU SARA Director and Beneficial Owner of more than 10% of a Class of Security — 2026-02-17 00:00:00 D nan
4 2250 — — CHEUNG KENNETH Officer — 2026-02-17 00:00:00 D nan
5 3400 — — LIAW YIH SHYAN WALLY Director — 2026-02-17 00:00:00 D nan
6 3650 — — LIANG CHARLES Chief Executive Officer — 2026-02-17 00:00:00 I nan
7 2310 — — CLEGG DON W Officer — 2026-02-10 00:00:00 D nan
8 4150 — — WEIGAND DAVID E Chief Financial Officer — 2026-02-10 00:00:00 D nan
9 1970 — — XIAO JIN Officer — 2026-02-10 00:00:00 D nan
Financials
Line Item2025-06-302024-06-302023-06-302022-06-30
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.130.050.150.16
NormalizedEBITDA1.33B1.27B799.69M375.72M
NetIncomeFromContinuingOperationNetMinorityInterest1.05B1.15B640.00M285.16M
ReconciledDepreciation58.34M38.69M34.90M32.47M
ReconciledCostOfRevenue19.54B12.93B5.84B4.40B
EBITDA1.33B1.27B799.69M375.72M
EBIT1.27B1.23B764.79M343.25M
NetInterestIncome-59.57M-19.35M-10.49M-6.41M
InterestExpense59.57M19.35M10.49M6.41M
NormalizedIncome1.05B1.15B640.00M285.16M
NetIncomeFromContinuingAndDiscontinuedOperation1.05B1.15B640.00M285.16M
TotalExpenses20.72B13.78B6.36B4.86B
TotalOperatingIncomeAsReported1.25B1.21B761.14M335.17M
DilutedAverageShares628.40M602.15M559.70M536.15M
BasicAverageShares593.66M555.88M529.25M514.78M
DilutedEPS1.682.011.140.53
BasicEPS1.772.171.210.55
DilutedNIAvailtoComStockholders1.05B1.15B640.00M285.16M
AverageDilutionEarnings1.48M0.000.00
NetIncomeCommonStockholders1.05B1.15B640.00M285.16M
NetIncome1.05B1.15B640.00M285.16M
NetIncomeIncludingNoncontrollingInterests1.05B1.15B640.00M285.16M
NetIncomeContinuousOperations1.05B1.15B640.00M285.16M
EarningsFromEquityInterestNetOfTax-6.21M1.82M-3.63M1.21M
TaxProvision156.85M63.29M110.67M52.88M
PretaxIncome1.21B1.21B754.30M336.83M
OtherIncomeExpense18.50M22.72M3.65M8.08M
OtherNonOperatingIncomeExpenses18.50M22.72M3.65M8.08M
NetNonOperatingInterestIncomeExpense-59.57M-19.35M-10.49M-6.41M
InterestExpenseNonOperating59.57M19.35M10.49M6.41M
OperatingIncome1.25B1.21B761.14M335.17M
OperatingExpense1.18B850.64M521.87M464.83M
ResearchAndDevelopment636.55M463.55M307.26M272.27M
SellingGeneralAndAdministration540.38M387.09M214.61M192.56M
SellingAndMarketingExpense273.14M189.74M115.03M90.13M
GeneralAndAdministrativeExpense267.24M197.35M99.58M102.44M
OtherGandA267.24M197.35M99.58M102.44M
GrossProfit2.43B2.06B1.28B800.00M
CostOfRevenue19.54B12.93B5.84B4.40B
TotalRevenue21.97B14.99B7.12B5.20B
OperatingRevenue21.97B14.99B7.12B5.20B
Line Item2025-06-302024-06-302023-06-302022-06-30
OrdinarySharesNumber594.14M588.09M529.01M523.11M
ShareIssued594.14M588.09M529.01M523.11M
NetDebt504.38M329.37M
TotalDebt4.78B2.18B290.30M596.76M
TangibleBookValue6.30B5.42B1.97B1.43B
InvestedCapital11.06B7.59B2.26B2.02B
WorkingCapital9.96B6.59B1.80B1.34B
NetTangibleAssets6.30B5.42B1.97B1.43B
CapitalLeaseObligations21.19M9.25M23.80M20.86M
CommonStockEquity6.30B5.42B1.97B1.43B
TotalCapitalization10.98B7.19B2.09B1.57B
TotalEquityGrossMinorityInterest6.30B5.42B1.97B1.43B
MinorityInterest178.00K164.00K165.00K172.00K
StockholdersEquity6.30B5.42B1.97B1.43B
GainsLossesNotAffectingRetainedEarnings705.00K706.00K639.00K911.00K
OtherEquityAdjustments705.00K706.00K639.00K911.00K
TreasuryStock0.000.00
RetainedEarnings3.43B2.59B1.43B942.92M
CapitalStock2.87B2.83B538.35M481.74M
CommonStock2.87B2.83B538.35M481.74M
TotalLiabilitiesNetMinorityInterest7.72B4.41B1.70B1.78B
TotalNonCurrentLiabilitiesNetMinorityInterest5.37B2.06B327.91M309.31M
OtherNonCurrentLiabilities326.53M67.88M37.95M39.14M
NonCurrentAccruedExpenses21.93M20.52M
NonCurrentDeferredLiabilities362.64M223.32M169.78M122.55M
NonCurrentDeferredRevenue362.64M223.32M169.78M122.55M
LongTermDebtAndCapitalLeaseObligation4.68B1.77B120.18M147.62M
LongTermCapitalLeaseObligation16.66M14.54M
LongTermDebt4.68B1.77B120.18M147.62M
CurrentLiabilities2.34B2.35B1.37B1.47B
CurrentDeferredLiabilities628.87M239.99M134.67M111.31M
CurrentDeferredRevenue628.87M239.99M134.67M111.31M
CurrentDebtAndCapitalLeaseObligation96.25M411.59M170.12M449.15M
CurrentCapitalLeaseObligation21.19M9.25M7.14M6.32M
CurrentDebt75.06M402.35M170.12M449.15M
OtherCurrentBorrowings75.06M402.35M170.12M449.15M
PayablesAndAccruedExpenses1.62B1.69B1.07B909.57M
CurrentAccruedExpenses245.16M189.42M163.87M212.42M
InterestPayable27.70M0.00
Payables1.37B1.50B906.00M697.15M
TotalTaxPayable92.54M32.33M129.17M41.74M
IncomeTaxPayable53.38M18.27M129.17M41.74M
AccountsPayable1.28B1.47B776.83M655.40M
TotalAssets14.02B9.83B3.67B3.21B
TotalNonCurrentAssets1.72B894.13M495.30M398.76M
OtherNonCurrentAssets16.71M114.95M42.41M42.86M
NonCurrentPrepaidAssets4.98M3.08M3.64M
NonCurrentDeferredAssets618.13M365.17M162.65M69.93M
NonCurrentDeferredTaxesAssets607.42M365.17M162.65M69.93M
NonCurrentAccountsReceivable166.41M
InvestmentsAndAdvances112.37M6.92M6.13M
OtherInvestments112.37M1.59M1.56M
LongTermEquityInvestment5.33M4.58M
NetPPE798.18M414.01M290.24M285.97M
AccumulatedDepreciation-118.25M-213.90M-189.39M-167.76M
GrossPPE916.42M627.90M479.63M453.73M
ConstructionInProgress1.04M14.83M303.00K303.00K
OtherProperties293.69M23.68M20.05M
MachineryFurnitureEquipment154.72M227.10M189.55M170.27M
BuildingsAndImprovements304.13M235.84M203.13M198.54M
LandAndImprovements162.85M150.14M86.64M84.62M
Properties0.000.000.000.00
CurrentAssets12.30B8.93B3.18B2.81B
OtherCurrentAssets233.68M179.90M117.41M134.39M
CurrentDeferredAssets5.56M4.90M
RestrictedCash251.00K251.00K
PrepaidAssets7.98M19.01M
Inventory4.68B4.33B1.45B1.55B
FinishedGoods3.47B3.31B1.05B1.03B
WorkInProcess674.61M450.99M71.87M310.48M
RawMaterials540.41M569.27M328.51M209.58M
Receivables2.22B2.75B1.18B858.92M
OtherReceivables138.05M99.92M
DuefromRelatedPartiesCurrent13.74M11.94M27.73M24.41M
AccountsReceivable2.20B2.74B1.15B834.51M
AllowanceForDoubtfulAccountsReceivable0.00-73.00K-82.00K-1.75M
GrossAccountsReceivable2.20B2.74B1.15B836.27M
CashCashEquivalentsAndShortTermInvestments5.17B1.67B440.46M267.40M
CashAndCashEquivalents5.17B1.67B440.46M267.40M
Line Item2025-06-302024-06-302023-06-302022-06-30
FreeCashFlow1.53B-2.61B626.79M-485.98M
RepurchaseOfCapitalStock-200.00M0.00-150.00M0.00
RepaymentOfDebt-1.77B-1.97B-1.39B-640.70M
IssuanceOfDebt4.33B3.85B1.09B1.15B
IssuanceOfCapitalStock0.002.31B0.000.00
CapitalExpenditure-127.21M-124.28M-36.79M-45.18M
InterestPaidSupplementalData25.49M16.02M8.54M5.49M
IncomeTaxPaidSupplementalData327.16M392.02M114.96M19.69M
EndCashPosition5.17B1.67B440.96M268.56M
BeginningCashPosition1.67B440.96M268.56M233.45M
EffectOfExchangeRateChanges1.67M-2.19M-3.40M-678.00K
ChangesInCash3.50B1.23B175.80M35.79M
FinancingCashFlow2.02B3.91B-448.29M522.87M
CashFlowFromContinuingFinancingActivities2.02B3.91B-448.29M522.87M
NetOtherFinancingCharges-355.86M-316.46M-28.23M-10.74M
ProceedsFromStockOptionExercised20.90M29.45M30.47M20.99M
NetCommonStockIssuance-200.00M2.31B-150.00M0.00
CommonStockPayments-200.00M0.00-150.00M0.00
CommonStockIssuance0.002.31B0.000.00
NetIssuancePaymentsOfDebt2.56B1.88B-300.53M512.62M
NetShortTermDebtIssuance-380.66M188.98M-300.53M512.62M
ShortTermDebtPayments-1.77B-1.97B-1.39B-640.70M
ShortTermDebtIssuance1.39B2.16B1.09B1.15B
NetLongTermDebtIssuance2.94B1.70B0.000.00
LongTermDebtPayments-1.39B-640.70M-60.63M
LongTermDebtIssuance2.94B1.70B0.000.00
InvestingCashFlow-183.21M-194.25M-39.49M-46.28M
CashFlowFromContinuingInvestingActivities-183.21M-194.25M-39.49M-46.28M
NetInvestmentPurchaseAndSale-56.00M-69.67M-500.00K-1.10M
PurchaseOfInvestment-56.00M-69.67M-500.00K-1.10M
NetBusinessPurchaseAndSale0.00-296.00K-2.19M0.00
SaleOfBusiness0.000.00
PurchaseOfBusiness0.00-296.00K-2.19M0.00
NetPPEPurchaseAndSale-127.21M-124.28M-36.79M-45.18M
PurchaseOfPPE-127.21M-124.28M-36.79M-45.18M
OperatingCashFlow1.66B-2.49B663.58M-440.80M
CashFlowFromContinuingOperatingActivities1.66B-2.49B663.58M-440.80M
ChangeInWorkingCapital390.03M-3.75B26.87M-769.85M
ChangeInOtherWorkingCapital315.01M111.93M70.59M31.54M
ChangeInOtherCurrentLiabilities2.91M8.04M-4.42M-10.56M
ChangeInPayablesAndAccruedExpense123.48M661.24M164.25M115.04M
ChangeInAccruedExpense272.40M92.94M-50.31M35.89M
ChangeInPayable-148.93M568.29M214.56M79.15M
ChangeInAccountPayable-180.97M679.19M127.14M50.15M
ChangeInTaxPayable32.04M-110.90M87.42M29.00M
ChangeInIncomeTaxPayable32.04M-110.90M87.42M29.00M
ChangeInPrepaidAssets-229.11M-44.65M8.31M-28.79M
ChangeInInventory-355.61M-2.90B100.04M-504.64M
ChangeInReceivables533.34M-1.59B-311.90M-372.44M
ChangesInAccountReceivables533.34M-1.59B-311.90M-372.44M
OtherNonCashItems7.19M14.63M-668.00K368.00K
StockBasedCompensation314.45M231.51M54.43M32.82M
ProvisionandWriteOffofAssets14.25M5.99M
AssetImpairmentCharge0.00
DeferredTax-214.64M-168.50M-92.97M-6.82M
DeferredIncomeTax-214.64M-168.50M-92.97M-6.82M
DepreciationAmortizationDepletion58.34M38.69M34.90M32.47M
DepreciationAndAmortization58.34M38.69M34.90M32.47M
Depreciation40.98M34.90M32.47M
OperatingGainsLosses55.29M-2.35M1.01M-14.95M
EarningsLossesFromEquityInvestments6.21M-1.82M3.63M-1.21M
NetForeignCurrencyExchangeGainLoss18.83M-531.00K-2.62M-13.75M
NetIncomeFromContinuingOperations1.05B1.15B640.00M285.16M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SMCI
Date User Asset Broker Type Position Size Entry Price Patterns