Earnings Releases·Nov 3, 2026, 4:31 PM ET

Super Micro Computer — First Quarter Fiscal Year 2027 Earnings Summary

Net sales surged to $19.9 billion, up 298% year-over-year from $5.0 billion in Q1'26 and 79% quarter-over-quarter from $11.1 billion in Q4'26; net income rose to $1,594 million compared to $168 million in Q1'26 and $1,178 million in Q4'26.
GAAP gross margin expanded to 12.7% from 9.3% in Q1'26 but contracted from 17.5% in Q4'26, while non-GAAP diluted EPS reached $1.81 versus $0.35 in Q1'26.
Full-year fiscal 2027 net sales guidance was set between $72.0 billion and $82.0 billion, with Q2'27 net sales projected at $19.5 billion to $21.5 billion.
Deferred revenue increased to $5.67 billion from $2.61 billion at June 30, 2026, while accounts receivable and inventories rose significantly to $9.7 billion and $15.1 billion, respectively.
The company continues its transformation into a Total AI and IT Datacenter Solution provider, leveraging in-house manufacturing and a strategic focus on gigawatt-scale datacenters to drive profitability.