Super Micro Computer, Inc. (SMCI) Earnings Call Transcripts

Super Micro Computer, Inc.'s Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Super Micro Computer, Inc. (SMCI) reported revenue of $11.1 billion, reflecting a 93% year-over-year increase, albeit at the lower end of guidance due to customer delays. For the fiscal year, revenue surged to $39.1 billion, nearly doubling from $22 billion in FY '25. Management anticipates strong momentum heading into FY '27, projecting revenue between $65 billion and $72 billion, driven by a robust backlog of over $60 billion in new orders, primarily in AI solutions.

Reported metrics

Guidance from management

For Q1 FY '27, management expects revenue between $14.5 billion and $15.5 billion and non-GAAP EPS between $1.01 and $1.10. For the full fiscal year '27, they project revenue between $65 billion and $72 billion.

What management said

Yes. It depends on customer mix. And when large data center order a lot for sure, AI percentage will be higher. But when David says 80% will be AI, I believe that including 2 market segments. One is traditional AI. The other one is application AI, agentic AI or edge AI. So the pure AI will be about 60% to 70%, while another 10% to 20% AI will be CPU-based AI or kind of agent AI, edge AI. And the other 20% will be pur...

Yes. I mean, around $60 billion, I would like to say 70% AI, pure AI. The other 30% is either CPU or CPU-based AI kind of edge AI application. So overall, I believe our profit margin mix will be getting better.

What analysts pressed on

Analysts expressed concerns regarding potential shifts in buying patterns from large data center customers, particularly regarding direct engagements with ODMs. There were also inquiries about the impact of shipment delays on future revenue recognition and the company's ability to manage inventory risk amidst rapid technological transitions.

Main topics on the call

• Record Revenue Growth — Super Micro achieved record revenue of $39.1 billion for FY '26, up 78% year-over-year. CEO Charles Liang stated, "Fiscal year 2026 was a historic milestone for Super Micro as we nearly doubled our revenue year-over-year...
• Strong Backlog and Orders — The company reported over $60 billion in new orders during Q4, contributing to a record backlog. Liang emphasized, "the demand for our AI/IT solutions is even stronger than ever before as we are transforming into a total...
• Gross Margin Expansion — Q4 non-GAAP gross margin improved to 17.6%, exceeding guidance of 8.2% to 8.4%. Weigand noted, "Gross margins improved by 750 basis points sequentially due to a better-than-anticipated customer and product mix."
• Guidance for FY '27 — Management provided optimistic guidance for FY '27, projecting revenue between $65 billion and $72 billion. Weigand stated, "We believe greater than 80% of revenues will be AI-related solutions going forward."

Read the full Super Micro Computer, Inc. transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 43 Super Micro Computer, Inc. earnings call transcripts on record, spanning February 6, 2020 to August 11, 2026. Based on this history, Super Micro Computer, Inc. reports quarterly. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SMCI

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Technology Hardware, Storage and Peripherals

Calls on record

43

First call

February 6, 2020

Most recent

August 11, 2026

Reporting cadence

quarterly