Super Micro Computer (SMCI) Financials

$44.60 -2.07 (-4.44%)

Closing price 08/8/2025 04:00 PM Eastern

Extended Trading

$44.81 +0.21 (+0.48%)

As of 08/8/2025 08:00 PM Eastern

Annual Income Statements for Super Micro Computer

This table shows Super Micro Computer's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2014	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Net Income / (Loss) Attributable to Common Shareholders	54	93	72	67	46	72	84	112	285	640	1,153
Consolidated Net Income / (Loss)	54	93	72	67	46	72	84	112	285	640	1,153
Net Income / (Loss) Continuing Operations	54	93	72	67	46	72	84	112	285	640	1,153
Total Pre-Tax Income	80	133	107	92	88	90	85	119	337	754	1,214
Total Operating Income	80	133	107	95	95	97	86	124	335	761	1,211
Total Gross Profit	226	307	331	350	430	496	526	535	800	1,283	2,061
Total Revenue	1,467	1,954	2,225	2,485	3,360	3,500	3,339	3,557	5,196	7,123	14,989
Operating Revenue	1,467	1,954	2,225	2,485	3,360	3,500	3,339	3,557	5,196	7,123	14,989
Total Cost of Revenue	1,242	1,648	1,895	2,135	2,930	3,005	2,813	3,023	4,396	5,840	12,928
Operating Cost of Revenue	1,242	1,648	1,895	2,135	2,930	3,005	2,813	3,023	4,396	5,840	12,928
Total Operating Expenses	145	174	223	255	335	398	441	411	465	522	851
Selling, General & Admin Expense	23	25	40	45	99	141	134	101	102	100	197
Marketing Expense	38	47	58	66	72	77	85	86	90	115	190
Research & Development Expense	84	101	124	144	165	180	221	224	272	307	464
Total Other Income / (Expense), net	-0.67	-0.01	-0.09	-3.28	-6.50	-7.71	-0.83	-5.32	1.67	-6.85	3.37
Interest Expense	0.76	0.97	1.59	2.30	5.73	6.69	2.24	2.49	6.41	10	19
Other Income / (Expense), net	0.09	0.96	1.51	-0.98	-0.77	-1.02	1.41	-2.83	8.08	3.65	23
Income Tax Expense	25	40	35	24	38	15	2.92	6.94	53	111	63
Other Gains / (Losses), net	-	-	-	-0.30	-3.61	-2.72	2.40	0.17	1.21	-3.63	1.82
Basic Earnings per Share	$1.24	$1.99	$1.50	$1.38	$0.94	$1.44	$1.65	$2.19	$0.55	$1.21	$2.07
Weighted Average Basic Shares Outstanding	43.60M	46.43M	47.92M	48.38M	49.35M	49.92M	50.99M	51.16M	514.79M	529.25M	555.88M
Diluted Earnings per Share	$1.16	$1.85	$1.39	$1.29	$0.89	$1.39	$1.60	$2.09	$0.53	$1.14	$1.92
Weighted Average Diluted Shares Outstanding	46.51M	50.09M	51.84M	51.68M	52.15M	51.72M	52.84M	53.51M	536.16M	559.70M	602.15M

This table shows Super Micro Computer's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	184	176	86	194	157	296	402	297	424	321	109
Consolidated Net Income / (Loss)	184	176	86	194	157	296	402	297	424	321	109
Net Income / (Loss) Continuing Operations	184	178	86	192	157	296	402	298	424	321	109
Total Pre-Tax Income	224	207	98	225	177	355	382	299	499	375	115
Total Operating Income	220	215	99	227	173	371	378	288	509	369	147
Total Gross Profit	348	337	226	372	354	564	597	546	776	670	440
Total Revenue	1,852	1,803	1,283	2,185	2,120	3,665	3,850	5,355	5,937	5,678	4,600
Operating Revenue	1,852	1,803	1,283	2,185	2,120	3,665	3,850	5,355	5,937	5,678	4,600
Total Cost of Revenue	1,505	1,466	1,057	1,813	1,766	3,101	3,253	4,809	5,162	5,008	4,160
Operating Cost of Revenue	1,505	1,466	1,057	1,813	1,766	3,101	3,253	4,809	5,162	5,008	4,160
Total Operating Expenses	127	122	127	145	181	193	219	258	266	301	293
Selling, General & Admin Expense	24	23	24	28	33	37	53	74	65	64	71
Marketing Expense	29	28	25	32	37	47	50	56	69	80	60
Research & Development Expense	74	71	78	85	111	109	116	127	132	158	163
Total Other Income / (Expense), net	4.12	-9.44	-1.37	-0.15	4.75	-16	3.79	10	-10	6.42	-32
Interest Expense	3.94	1.76	1.29	3.51	1.86	8.13	6.25	3.11	17	6.54	13
Other Income / (Expense), net	8.05	-6.34	-0.08	2.01	6.61	-7.89	10	14	7.23	13	-18
Income Tax Expense	39	30	11	31	20	62	-20	1.56	75	57	5.84
Other Gains / (Losses), net	-0.89	-	-1.01	-	-0.05	2.02	0.37	-	-0.02	2.52	-0.45
Basic Earnings per Share	$3.51	$3.31	$1.61	$0.37	$0.30	$0.55	$0.71	$0.53	$0.72	$0.54	$0.18
Weighted Average Basic Shares Outstanding	52.60M	53.16M	53.28M	529.25M	530.93M	541.35M	564.78M	555.88M	589.56M	592.51M	595.04M
Diluted Earnings per Share	$3.35	$3.14	$1.53	$0.37	$0.27	$0.51	$0.66	$0.53	$0.67	$0.51	$0.17
Weighted Average Diluted Shares Outstanding	55.02M	56.14M	56.23M	559.70M	571.85M	580.78M	614.31M	602.15M	639.15M	636.05M	621.81M
Weighted Average Basic & Diluted Shares Outstanding	52.92M	53.64M	52.49M	52.91M	53.31M	55.93M	58.56M	0.00	-	593.48M	596.82M

This table details how cash moves in and out of Super Micro Computer's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2014	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Net Change in Cash & Equivalents	3.83	-2.56	86	-68	7.59	142	-50	21	35	172	1,229
Net Cash From Operating Activities	6.54	-46	108	-96	84	263	-30	123	-441	664	-2,486
Net Cash From Continuing Operating Activities	6.54	-46	108	-96	84	263	-30	123	-441	664	-2,486
Net Income / (Loss) Continuing Operations	54	93	72	67	46	72	84	112	285	640	1,153
Consolidated Net Income / (Loss)	54	93	72	67	46	72	84	112	285	640	1,153
Depreciation Expense	6.36	8.09	13	16	22	24	28	28	32	35	41
Non-Cash Adjustments To Reconcile Net Income	12	12	23	35	39	67	35	30	18	55	241
Changes in Operating Assets and Liabilities, net	-66	-158	-0.76	-214	-23	99	-179	-47	-777	-66	-3,921
Net Cash From Investing Activities	-40	-36	-35	-29	-26	-25	-44	-58	-46	-39	-194
Net Cash From Continuing Investing Activities	-40	-36	-35	-29	-26	-25	-44	-58	-46	-39	-194
Purchase of Property, Plant & Equipment	-41	-35	-34	-29	-25	-25	-44	-58	-45	-37	-124
Acquisitions	-	-	-	-	-	-	0.00	0.00	0.00	-2.19	-0.30
Purchase of Investments	0.00	-0.66	0.00	0.00	-2.10	-	-	-	-1.10	-0.50	-70
Net Cash From Financing Activities	37	80	13	58	-51	-96	24	-44	523	-448	3,912
Net Cash From Continuing Financing Activities	37	80	13	58	-51	-96	24	-44	523	-448	3,912
Repayment of Debt	-6.37	-36	-34	-141	-221	-135	-161	-61	-641	-1,394	-1,968
Repurchase of Common Equity	-	0.00	0.00	-18	-	0.00	0.00	-130	0.00	-150	0.00
Issuance of Debt	17	85	34	207	172	42	165	127	1,153	1,094	3,852
Issuance of Common Equity	-	-	-	-	-	-	-	-	0.00	0.00	2,314
Other Financing Activities, net	26	31	13	9.86	-1.43	-3.05	20	20	11	2.27	-287
Effect of Exchange Rate Changes	0.24	-0.27	-0.06	-	-	-0.12	0.38	0.56	-0.68	-3.40	-2.19
Cash Interest Paid	0.76	0.93	1.63	2.08	4.54	3.86	2.17	1.95	5.49	8.54	16
Cash Income Taxes Paid	13	31	37	31	15	24	43	2.91	20	115	392

This table details how cash moves in and out of Super Micro Computer's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-30	66	58	78	103	183	1,390	-446	419	-658	1,106
Net Cash From Operating Activities	314	161	198	-9.34	270	-595	-1,520	-642	409	-240	627
Net Cash From Continuing Operating Activities	314	161	198	-9.34	270	-595	-1,520	-642	409	-240	627
Net Income / (Loss) Continuing Operations	184	176	86	194	157	296	402	297	424	321	109
Consolidated Net Income / (Loss)	184	176	86	194	157	296	402	297	424	321	109
Depreciation Expense	8.55	8.65	8.74	8.97	9.16	9.62	10	12	14	15	11
Non-Cash Adjustments To Reconcile Net Income	2.39	23	17	13	54	53	50	84	62	78	128
Changes in Operating Assets and Liabilities, net	118	-47	87	-225	50	-954	-1,983	-1,035	-91	-653	379
Net Cash From Investing Activities	-11	-9.89	-7.99	-11	-7.63	-15	-109	-62	-44	-28	-33
Net Cash From Continuing Investing Activities	-11	-9.89	-7.99	-11	-7.63	-15	-109	-62	-44	-28	-33
Purchase of Property, Plant & Equipment	-11	-9.89	-7.99	-8.18	-2.63	-15	-93	-14	-44	-28	-33
Net Cash From Financing Activities	-331	-85	-131	99	-160	792	3,021	259	50	-387	512
Net Cash From Continuing Financing Activities	-331	-85	-131	99	-160	792	3,021	259	50	-387	512
Repayment of Debt	-415	-150	-5.79	-824	-139	-638	-1,163	-28	-1,106	-468	-189
Issuance of Debt	79	65	20	930	0.00	858	2,657	338	1,185	122	735
Other Financing Activities, net	4.43	0.40	0.56	-3.11	-21	-10	-205	-51	-29	-41	-34
Effect of Exchange Rate Changes	-1.47	-0.22	-0.58	-1.13	-0.20	0.37	-1.80	-0.56	4.50	-3.66	-0.01
Cash Interest Paid	4.08	2.01	1.14	1.32	2.21	7.13	5.47	1.20	11	7.55	5.04
Cash Income Taxes Paid	27	69	11	7.91	9.00	209	83	91	3.34	54	213

This table presents Super Micro Computer's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2014	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Total Assets	796	1,090	1,191	1,515	1,770	1,683	1,919	2,242	3,205	3,675	9,826
Total Current Assets	654	914	954	1,261	1,531	1,422	1,593	1,867	2,806	3,179	8,932
Cash & Equivalents	97	95	179	111	115	248	211	232	267	440	1,670
Accounts Receivable	213	323	175	324	451	394	404	464	835	1,148	2,737
Inventories, net	316	463	517	737	853	670	851	1,041	1,546	1,446	4,333
Prepaid Expenses	6.24	7.52	79	89	111	110	127	130	159	145	192
Plant, Property, & Equipment, net	131	163	188	196	197	207	234	275	286	290	414
Total Noncurrent Assets	12	12	49	58	42	53	92	100	113	205	480
Noncurrent Deferred & Refundable Income Taxes	6.15	4.50	34	39	26	41	55	63	70	163	365
Other Noncurrent Operating Assets	2.85	5.23	13	11	14	11	34	32	43	42	115
Total Liabilities & Shareholders' Equity	796	1,090	1,191	1,515	1,770	1,683	1,919	2,242	3,205	3,675	9,826
Total Liabilities	327	471	495	741	926	741	853	1,146	1,779	1,703	4,409
Total Current Liabilities	311	454	410	673	812	606	708	969	1,470	1,375	2,346
Short-Term Debt	43	93	54	161	116	24	24	63	449	170	402
Accounts Payable	219	300	267	397	527	360	418	612	655	777	1,472
Accrued Expenses	38	47	84	113	102	115	155	179	212	164	260
Current Deferred Revenue	-	-	-	-	59	94	106	101	111	135	193
Current Deferred & Payable Income Tax Liabilities	11	14	5.05	1.36	7.19	13	4.70	13	42	129	18
Total Noncurrent Liabilities	16	17	85	69	114	135	145	177	309	328	2,063
Long-Term Debt	3.73	0.93	40	0.00	-	0.00	5.70	35	148	0.00	1,698
Noncurrent Deferred Revenue	-	-	-	-	90	109	98	101	123	170	223
Other Noncurrent Operating Liabilities	12	16	45	69	25	26	42	41	39	158	142
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	469	619	697	774	844	941	1,066	1,096	1,426	1,972	5,417
Total Preferred & Common Equity	469	619	696	774	843	941	1,066	1,096	1,426	1,972	5,417
Total Common Equity	469	619	696	774	843	941	1,066	1,096	1,426	1,972	5,417
Common Stock	199	247	279	308	332	350	390	438	482	538	2,831
Retained Earnings	272	374	419	486	532	612	696	658	943	1,433	2,586
Accumulated Other Comprehensive Income / (Loss)	-0.06	-0.08	-0.09	-0.08	0.17	-0.08	-0.15	0.45	0.91	0.64	0.71
Noncontrolling Interest	0.18	0.16	0.18	0.17	0.16	0.16	0.17	0.17	0.17	0.17	0.16

This table presents Super Micro Computer's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Total Assets	3,301	3,075	3,193	3,675	4,096	5,405	8,863	9,826	10,851	9,728	10,739
Total Current Assets	2,880	2,650	2,715	3,179	3,571	4,842	8,064	8,932	9,852	8,667	9,514
Cash & Equivalents	238	305	363	440	543	726	2,115	1,670	2,089	1,430	2,536
Accounts Receivable	736	768	672	1,148	846	1,503	1,650	2,737	2,732	3,060	2,643
Inventories, net	1,736	1,422	1,540	1,446	2,053	2,467	4,125	4,333	4,931	3,596	3,870
Prepaid Expenses	169	155	140	145	129	147	174	192	101	581	465
Plant, Property, & Equipment, net	291	289	290	290	292	297	386	414	451	477	493
Total Noncurrent Assets	131	136	187	205	233	266	413	480	549	584	732
Noncurrent Deferred & Refundable Income Taxes	89	96	149	163	186	218	330	365	412	441	481
Other Noncurrent Operating Assets	37	37	39	42	48	47	83	115	137	143	251
Total Liabilities & Shareholders' Equity	3,301	3,075	3,193	3,675	4,096	5,405	8,863	9,826	10,851	9,728	10,739
Total Liabilities	1,676	1,256	1,424	1,703	1,930	2,328	3,769	4,409	4,974	3,490	4,359
Total Current Liabilities	1,353	917	1,092	1,375	1,605	1,992	1,718	2,346	2,871	1,358	1,428
Short-Term Debt	101	28	54	170	41	276	82	402	494	155	64
Accounts Payable	785	560	642	777	1,084	1,262	1,092	1,472	1,683	549	643
Accrued Expenses	214	170	155	164	153	214	290	260	309	229	345
Current Deferred Revenue	185	121	149	135	166	193	233	193	306	309	353
Current Deferred & Payable Income Tax Liabilities	68	39	93	129	161	46	20	18	80	115	24
Total Noncurrent Liabilities	323	339	332	328	326	336	2,051	2,063	2,103	2,132	2,931
Long-Term Debt	149	142	133	0.00	105	99	1,782	1,772	1,765	1,754	2,428
Noncurrent Deferred Revenue	135	160	161	170	174	190	203	223	252	289	313
Other Noncurrent Operating Liabilities	40	37	37	158	46	46	66	68	86	89	190
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,625	1,819	1,769	1,972	2,166	3,077	5,094	5,417	5,877	6,238	6,379
Total Preferred & Common Equity	1,625	1,819	1,768	1,972	2,165	3,077	5,094	5,417	5,877	6,238	6,379
Total Common Equity	1,625	1,819	1,768	1,972	2,165	3,077	5,094	5,417	5,877	6,238	6,379
Common Stock	497	515	528	538	575	1,190	2,805	2,831	2,866	2,907	2,939
Retained Earnings	1,127	1,304	1,239	1,433	1,590	1,886	2,288	2,586	3,010	3,331	3,439
Accumulated Other Comprehensive Income / (Loss)	0.51	0.61	0.68	0.64	0.65	0.66	0.55	0.71	0.80	0.65	0.66
Noncontrolling Interest	0.17	0.17	0.17	0.17	0.16	0.16	0.16	0.16	0.16	0.16	0.16

This table displays calculated financial ratios and metrics derived from Super Micro Computer's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	6/30/2014	6/30/2015	6/30/2016	6/30/2017	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	26.20%	33.20%	13.85%	11.68%	35.23%	8.32%	-4.60%	6.53%	46.06%	37.09%	110.42%
EBITDA Growth	147.47%	63.40%	-13.70%	-9.84%	5.02%	215.99%	-52.03%	29.22%	151.66%	112.84%	59.37%
EBIT Growth	195.34%	66.27%	-18.42%	-13.86%	0.05%	209.67%	-54.75%	39.11%	183.41%	122.81%	61.29%
NOPAT Growth	151.32%	69.50%	-22.06%	-3.57%	-23.18%	103.40%	2.02%	41.11%	142.12%	129.86%	76.71%
Net Income Growth	154.51%	70.90%	-22.12%	-7.25%	-30.95%	111.57%	17.23%	32.69%	154.92%	124.43%	80.10%
EPS Growth	141.67%	59.48%	-24.86%	-7.19%	-31.01%	112.36%	15.11%	30.63%	154.92%	124.43%	80.10%
Operating Cash Flow Growth	-51.87%	-805.49%	334.12%	-189.07%	187.69%	422.56%	-111.55%	505.34%	-458.51%	250.54%	-474.63%
Free Cash Flow Firm Growth	-1,065.67%	-121.85%	173.72%	-274.72%	119.87%	-3,147.31%	-49.88%	-93.53%	-1,360.94%	236.51%	-537.18%
Invested Capital Growth	32.81%	47.94%	-1.08%	34.04%	3.20%	-30.19%	-38.33%	8.60%	83.26%	-3.04%	247.96%
Revenue Q/Q Growth	7.77%	5.89%	-0.25%	6.29%	9.93%	28.24%	1.27%	5.11%	12.24%	8.36%	26.82%
EBITDA Q/Q Growth	19.16%	0.98%	-10.97%	7.53%	-29.26%	37.71%	-13.61%	23.35%	54.87%	8.13%	6.39%
EBIT Q/Q Growth	21.30%	0.75%	-13.25%	7.90%	-32.17%	5.48%	-18.44%	31.31%	62.16%	8.45%	6.35%
NOPAT Q/Q Growth	17.55%	0.34%	-13.43%	13.41%	36.79%	28.50%	-10.01%	26.12%	54.11%	9.37%	8.75%
Net Income Q/Q Growth	17.65%	0.92%	-14.18%	13.16%	39.28%	26.99%	-5.87%	22.72%	55.40%	8.98%	9.88%
EPS Q/Q Growth	14.85%	2.21%	-16.77%	13.16%	41.27%	-8.28%	-6.43%	22.94%	55.40%	8.98%	9.88%
Operating Cash Flow Q/Q Growth	-47.65%	-1,574.58%	176.91%	-25.43%	516.39%	13.75%	-120.56%	435.41%	-25.19%	2.44%	-34.12%
Free Cash Flow Firm Q/Q Growth	-30.98%	-146.59%	491.96%	-37.69%	-96.68%	478.86%	-25.85%	143.17%	-20.27%	23.28%	-40.04%
Invested Capital Q/Q Growth	8.12%	18.28%	-2.40%	3.94%	0.00%	-13.01%	14.43%	0.00%	11.85%	6.83%	22.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	15.37%	15.69%	14.85%	14.08%	12.80%	28.31%	15.76%	15.03%	15.40%	18.01%	13.75%
EBITDA Margin	5.91%	7.25%	5.50%	4.44%	3.45%	6.88%	3.46%	4.20%	7.23%	11.23%	8.50%
Operating Margin	5.47%	6.79%	4.83%	3.82%	2.82%	5.56%	2.57%	3.48%	6.45%	10.69%	8.08%
EBIT Margin	5.48%	6.84%	4.90%	3.78%	2.80%	5.50%	2.61%	3.40%	6.61%	10.74%	8.23%
Profit (Net Income) Margin	3.69%	4.74%	3.24%	2.69%	1.37%	4.11%	2.52%	3.14%	5.49%	8.98%	7.69%
Tax Burden Percent	68.04%	69.78%	67.11%	72.99%	52.33%	160.67%	99.39%	94.30%	84.66%	84.85%	94.94%
Interest Burden Percent	99.06%	99.28%	98.54%	97.55%	93.90%	186.09%	97.43%	97.95%	98.13%	98.63%	98.43%
Effective Tax Rate	31.96%	30.22%	32.89%	26.68%	43.58%	33.25%	3.44%	5.85%	15.70%	14.67%	5.21%
Return on Invested Capital (ROIC)	14.98%	17.95%	11.79%	9.77%	6.45%	10.41%	7.15%	12.69%	20.83%	37.57%	30.11%
ROIC Less NNEP Spread (ROIC-NNEP)	15.77%	17.97%	11.91%	21.62%	-29.41%	18.45%	6.37%	15.69%	23.57%	5.48%	34.39%
Return on Net Nonoperating Assets (RNNOA)	-2.13%	-0.94%	-0.83%	-0.67%	-0.74%	-4.71%	-1.30%	-2.34%	1.78%	0.10%	1.09%
Return on Equity (ROE)	12.85%	17.01%	10.96%	9.09%	5.71%	8.06%	5.85%	10.35%	22.61%	37.67%	31.20%
Cash Return on Invested Capital (CROIC)	-13.21%	-20.72%	12.87%	-19.32%	3.30%	-38.35%	54.57%	4.44%	-37.95%	40.66%	-80.60%
Operating Return on Assets (OROA)	11.25%	14.17%	9.56%	6.94%	5.72%	11.15%	4.84%	5.82%	12.60%	22.23%	18.27%
Return on Assets (ROA)	7.58%	9.81%	6.32%	4.94%	2.81%	8.33%	4.68%	5.38%	10.47%	18.61%	17.08%
Return on Common Equity (ROCE)	12.84%	17.00%	10.95%	9.09%	5.71%	16.11%	5.85%	10.35%	22.61%	37.67%	31.20%
Return on Equity Simple (ROE_SIMPLE)	11.55%	14.95%	10.35%	8.64%	-	7.64%	7.91%	10.20%	20.00%	32.45%	21.28%
Net Operating Profit after Tax (NOPAT)	55	93	72	70	53	81	83	117	283	649	1,148
NOPAT Margin	3.72%	4.74%	3.24%	2.80%	1.59%	4.63%	2.48%	3.28%	5.44%	9.12%	7.66%
Net Nonoperating Expense Percent (NNEP)	-0.80%	-0.02%	-0.13%	-11.86%	35.85%	-8.03%	0.78%	-3.00%	-2.74%	32.10%	-4.28%
Return On Investment Capital (ROIC_SIMPLE)	10.59%	12.97%	9.13%	7.44%	-	8.40%	7.55%	9.77%	13.97%	30.32%	15.12%
Cost of Revenue to Revenue	84.63%	84.31%	85.15%	85.92%	87.20%	171.69%	84.24%	84.97%	84.60%	81.99%	86.25%
SG&A Expenses to Revenue	1.57%	1.28%	1.82%	1.80%	2.93%	8.07%	4.01%	2.83%	1.97%	1.40%	1.32%
R&D to Revenue	5.74%	5.19%	5.58%	5.79%	4.91%	10.28%	6.63%	6.31%	5.24%	4.31%	3.09%
Operating Expenses to Revenue	9.90%	8.90%	10.02%	10.27%	9.98%	22.76%	13.19%	11.54%	8.95%	7.33%	5.68%
Earnings before Interest and Taxes (EBIT)	80	134	109	94	94	192	87	121	343	765	1,233
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	87	142	122	110	116	241	116	149	376	800	1,274
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.42	2.26	1.73	1.55	1.46	2.09	1.38	1.60	1.47	6.63	8.86
Price to Tangible Book Value (P/TBV)	2.42	2.26	1.73	1.55	1.46	1.03	1.38	1.60	1.47	6.63	8.86
Price to Revenue (P/Rev)	0.77	0.72	0.54	0.48	0.37	0.56	0.44	0.49	0.40	1.84	3.20
Price to Earnings (P/E)	20.97	15.11	16.68	17.95	26.72	27.34	17.48	15.70	7.34	20.44	41.62
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.77%	6.62%	5.99%	5.57%	3.74%	14.90%	5.72%	6.37%	13.62%	4.89%	2.40%
Enterprise Value to Invested Capital (EV/IC)	2.60	2.27	1.83	1.52	1.46	2.56	1.46	1.69	1.38	7.53	8.19
Enterprise Value to Revenue (EV/Rev)	0.74	0.71	0.50	0.50	0.37	0.43	0.39	0.45	0.47	1.80	3.23
Enterprise Value to EBITDA (EV/EBITDA)	12.48	9.84	9.12	11.27	10.64	12.57	11.17	10.84	6.45	16.02	38.04
Enterprise Value to EBIT (EV/EBIT)	13.47	10.44	10.23	13.23	13.11	15.73	14.82	13.36	7.06	16.75	39.31
Enterprise Value to NOPAT (EV/NOPAT)	19.82	15.07	15.46	17.86	23.05	18.67	15.60	13.87	8.58	19.73	42.25
Enterprise Value to Operating Cash Flow (EV/OCF)	165.55	0.00	10.32	0.00	14.61	5.77	0.00	13.16	0.00	19.31	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	14.15	0.00	45.04	0.00	2.05	39.63	0.00	18.23	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.10	0.15	0.13	0.21	0.14	0.05	0.03	0.09	0.42	0.09	0.40
Long-Term Debt to Equity	0.01	0.00	0.06	0.00	0.00	0.00	0.01	0.03	0.10	0.00	0.33
Financial Leverage	-0.13	-0.05	-0.07	-0.03	0.03	-0.26	-0.20	-0.15	0.08	0.02	0.03
Leverage Ratio	1.69	1.73	1.73	1.84	2.03	3.87	1.79	1.92	2.16	2.02	1.83
Compound Leverage Factor	1.68	1.72	1.71	1.80	1.91	3.60	1.75	1.88	2.12	2.00	1.80
Debt to Total Capital	8.98%	13.23%	11.84%	17.26%	12.10%	4.90%	2.68%	8.22%	29.51%	7.94%	28.64%
Short-Term Debt to Total Capital	8.25%	13.10%	6.78%	17.26%	12.10%	4.90%	2.16%	5.31%	22.21%	7.94%	5.30%
Long-Term Debt to Total Capital	0.72%	0.13%	5.06%	0.00%	0.00%	0.00%	0.52%	2.90%	7.30%	0.00%	23.34%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.03%	0.02%	0.02%	0.02%	0.02%	0.03%	0.02%	0.01%	0.01%	0.01%	0.00%
Common Equity to Total Capital	90.99%	86.74%	88.13%	82.72%	87.88%	195.06%	97.30%	91.77%	70.49%	92.05%	71.36%
Debt to EBITDA	0.53	0.67	0.77	1.46	1.00	0.20	0.25	0.66	1.59	0.21	1.71
Net Debt to EBITDA	-0.61	-0.03	-0.72	0.38	-0.01	-3.76	-1.59	-0.93	0.88	-0.34	0.40
Long-Term Debt to EBITDA	0.04	0.01	0.33	0.00	0.00	0.00	0.05	0.23	0.39	0.00	1.39
Debt to NOPAT	0.85	1.02	1.30	2.32	2.17	0.58	0.36	0.84	2.11	0.26	1.89
Net Debt to NOPAT	-0.97	-0.04	-1.22	0.61	-0.03	-5.58	-2.22	-1.19	1.17	-0.42	0.44
Long-Term Debt to NOPAT	0.07	0.01	0.55	0.00	0.00	0.00	0.07	0.30	0.52	0.00	1.54
Altman Z-Score	5.25	4.97	4.67	3.73	3.78	8.31	3.99	3.58	3.59	8.37	9.64
Noncontrolling Interest Sharing Ratio	0.04%	0.03%	0.03%	0.02%	0.02%	52.76%	0.02%	0.02%	0.01%	0.01%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.10	2.01	2.33	1.88	1.89	4.69	2.25	1.93	1.91	2.31	3.81
Quick Ratio	1.00	0.92	0.86	0.65	0.70	2.12	0.87	0.72	0.75	1.16	1.88
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-48	-107	79	-138	27	1,258	631	41	-515	703	-3,072
Operating Cash Flow to CapEx	16.12%	-131.41%	316.60%	-327.56%	339.78%	2,113.20%	-68.42%	211.93%	-975.61%	1,803.55%	-2,000.32%
Free Cash Flow to Firm to Interest Expense	-63.63	-110.74	49.42	-59.85	4.78	-120.51	282.09	16.43	-80.28	66.99	-158.76
Operating Cash Flow to Interest Expense	8.64	-47.80	67.75	-41.82	14.73	78.49	-13.57	49.48	-68.74	63.25	-128.46
Operating Cash Flow Less CapEx to Interest Expense	-44.95	-84.17	46.35	-54.59	10.40	71.06	-33.40	26.13	-75.78	59.75	-134.88
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.05	2.07	1.95	1.84	2.05	4.06	1.85	1.71	1.91	2.07	2.22
Accounts Receivable Turnover	8.10	7.30	8.94	9.96	8.67	16.57	8.38	8.20	8.00	7.19	7.72
Inventory Turnover	4.36	4.23	3.87	3.41	3.69	7.89	3.70	3.19	3.40	3.91	4.47
Fixed Asset Turnover	12.96	13.31	12.68	12.96	17.14	17.33	15.14	13.99	18.53	24.73	42.57
Accounts Payable Turnover	6.33	6.35	6.68	6.43	6.34	13.54	7.23	5.87	6.94	8.16	11.50
Days Sales Outstanding (DSO)	45.04	49.99	40.81	36.64	42.11	88.11	43.58	44.51	45.60	50.80	47.31
Days Inventory Outstanding (DIO)	83.78	86.32	94.43	107.15	99.01	185.05	98.72	114.25	107.38	93.47	81.58
Days Payable Outstanding (DPO)	57.65	57.50	54.64	56.78	57.55	107.82	50.48	62.18	52.63	44.75	31.75
Cash Conversion Cycle (CCC)	71.17	78.81	80.61	87.01	83.58	165.35	91.82	96.58	100.35	99.51	97.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	416	615	609	816	842	1,430	882	958	1,755	1,702	5,922
Invested Capital Turnover	4.02	3.79	3.64	3.49	4.05	4.50	2.89	3.87	3.83	4.12	3.93
Increase / (Decrease) in Invested Capital	103	199	-6.64	207	26	588	-548	76	797	-53	4,220
Enterprise Value (EV)	1,082	1,395	1,115	1,243	1,232	1,514	1,290	1,618	2,424	12,813	48,483
Market Capitalization	1,135	1,398	1,203	1,200	1,233	965	1,474	1,757	2,094	13,083	47,978
Book Value per Share	$10.44	$13.09	$14.39	$15.89	$16.17	$18.86	$20.52	$21.95	$27.46	$37.57	$92.51
Tangible Book Value per Share	$10.44	$13.09	$14.39	$15.89	$16.17	$37.73	$20.52	$21.95	$27.46	$37.57	$92.51
Total Capital	516	713	790	935	960	1,930	1,095	1,195	2,023	2,142	7,592
Total Debt	46	94	94	161	116	47	29	98	597	170	2,174
Total Long-Term Debt	3.73	0.93	40	0.00	0.00	0.00	5.70	35	148	0.00	1,772
Net Debt	-53	-3.66	-88	42	-1.57	-452	-184	-139	329	-270	504
Capital Expenditures (CapEx)	41	35	34	29	25	50	44	58	45	37	124
Debt-free, Cash-free Net Working Capital (DFCFNWC)	289	458	419	639	720	1,183	698	730	1,518	1,534	5,319
Debt-free Net Working Capital (DFNWC)	386	554	598	750	836	1,679	909	962	1,785	1,975	6,989
Net Working Capital (NWC)	343	460	545	589	719	1,632	885	898	1,336	1,805	6,586
Net Nonoperating Expense (NNE)	0.45	0.01	0.06	2.71	7.27	18	-1.60	4.84	-2.61	9.47	-5.01
Net Nonoperating Obligations (NNO)	-53	-3.66	-88	42	-1.57	-226	-184	-139	329	-270	504
Total Depreciation and Amortization (D&A)	6.36	8.09	13	16	22	48	28	28	32	35	41
Debt-free, Cash-free Net Working Capital to Revenue	19.69%	23.45%	18.85%	25.73%	21.43%	33.78%	20.91%	20.51%	29.22%	21.54%	35.48%
Debt-free Net Working Capital to Revenue	26.29%	28.34%	26.89%	30.19%	24.86%	47.96%	27.22%	27.04%	34.36%	27.72%	46.62%
Net Working Capital to Revenue	23.39%	23.55%	24.48%	23.69%	21.41%	46.61%	26.51%	25.25%	25.72%	25.34%	43.94%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.12	$0.22	$0.15	$0.14	$0.94	$1.58	$0.17	$0.22	$0.55	$1.21	$2.07
Adjusted Weighted Average Basic Shares Outstanding	435.99M	464.34M	479.17M	483.83M	49.35M	549.09M	509.87M	511.57M	514.78M	529.25M	555.88M
Adjusted Diluted Earnings per Share	$0.12	$0.20	$0.14	$0.13	$0.89	$1.53	$0.16	$0.21	$0.53	$1.14	$1.92
Adjusted Weighted Average Diluted Shares Outstanding	465.12M	500.94M	518.36M	516.79M	52.15M	568.88M	528.38M	535.07M	536.15M	559.70M	602.15M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.94	$0.14	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	456.75M	475.21M	486.56M	484M	49.10M	499M	524.37M	505.90M	523.47M	529.06M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	55	93	72	70	53	162	83	117	283	649	1,148
Normalized NOPAT Margin	3.72%	4.74%	3.24%	2.80%	1.59%	4.63%	2.48%	3.28%	5.44%	9.12%	7.66%
Pre Tax Income Margin	5.42%	6.79%	4.83%	3.69%	2.63%	5.12%	2.54%	3.33%	6.48%	10.59%	8.10%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	106.14	138.45	68.38	40.82	16.41	28.76	38.94	48.74	53.52	72.90	63.74
NOPAT to Interest Expense	72.14	95.92	45.26	30.25	9.33	24.24	36.99	46.96	44.06	61.91	59.30
EBIT Less CapEx to Interest Expense	52.55	102.07	46.98	28.05	12.07	21.33	19.11	25.39	46.48	69.39	57.32
NOPAT Less CapEx to Interest Expense	18.55	59.55	23.86	17.48	5.00	16.81	17.16	23.62	37.01	58.40	52.88
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	27.61%	0.00%	0.00%	0.00%	116.21%	0.00%	23.44%	0.00%

This table displays calculated financial ratios and metrics derived from Super Micro Computer's official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	79.34%	53.80%	-5.33%	33.59%	14.45%	103.25%	200.01%	145.08%	180.10%	54.93%	19.48%
EBITDA Growth	544.57%	271.31%	4.80%	33.85%	-20.47%	71.59%	270.10%	32.19%	181.77%	6.23%	-65.09%
EBIT Growth	682.02%	314.03%	4.83%	35.21%	-21.50%	74.09%	292.26%	32.21%	188.31%	4.95%	-66.92%
NOPAT Growth	607.39%	327.18%	18.81%	39.84%	-15.98%	66.54%	352.01%	46.99%	183.28%	1.77%	-65.00%
Net Income Growth	624.99%	320.13%	11.53%	37.46%	-14.87%	68.00%	368.82%	53.56%	170.28%	8.32%	-72.97%
EPS Growth	597.92%	302.56%	6.99%	37.46%	-14.87%	68.00%	328.76%	53.56%	170.28%	0.00%	-74.24%
Operating Cash Flow Growth	333.03%	403.07%	186.97%	62.86%	-13.75%	-469.42%	-866.50%	-6,772.41%	51.19%	59.71%	141.41%
Free Cash Flow Firm Growth	-2.27%	41.12%	111.96%	137.78%	105.26%	-200.48%	-4,535.44%	-1,682.52%	-23,364.69%	-397.90%	52.50%
Invested Capital Growth	43.64%	34.40%	1.52%	-3.04%	8.35%	62.21%	203.97%	247.96%	241.90%	146.33%	30.84%
Revenue Q/Q Growth	13.25%	-2.64%	-28.83%	70.25%	-2.98%	72.90%	5.05%	39.08%	10.88%	-4.37%	-18.99%
EBITDA Q/Q Growth	33.28%	-8.12%	-50.46%	120.65%	-20.80%	98.22%	6.85%	-21.19%	68.82%	-25.27%	-64.89%
EBIT Q/Q Growth	34.87%	-8.47%	-52.60%	131.06%	-21.70%	102.98%	6.81%	-22.12%	70.75%	-26.11%	-66.33%
NOPAT Q/Q Growth	30.29%	1.40%	-52.25%	121.68%	-21.72%	100.99%	29.59%	-27.91%	50.86%	-27.79%	-55.43%
Net Income Q/Q Growth	30.96%	-4.47%	-51.27%	125.48%	-18.89%	88.52%	35.98%	-26.14%	42.75%	-24.45%	-66.07%
EPS Q/Q Growth	1,140.74%	-6.27%	-51.27%	125.48%	-18.89%	88.52%	1,186.27%	-26.14%	42.75%	-23.88%	-66.67%
Operating Cash Flow Q/Q Growth	1,347.21%	-48.63%	23.07%	-104.71%	2,996.08%	-320.02%	-155.35%	57.76%	163.71%	-158.63%	361.42%
Free Cash Flow Firm Q/Q Growth	52.26%	21.71%	126.15%	286.63%	-93.35%	-4,568.96%	-285.98%	-37.95%	2.23%	4.36%	63.18%
Invested Capital Q/Q Growth	-7.00%	2.99%	-5.25%	6.83%	3.92%	54.19%	77.56%	22.30%	2.11%	11.09%	-5.68%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.76%	18.71%	17.64%	17.01%	16.69%	15.40%	15.52%	10.20%	13.06%	11.80%	9.57%
EBITDA Margin	12.78%	12.06%	8.40%	10.88%	8.88%	10.18%	10.36%	5.87%	8.94%	6.98%	3.03%
Operating Margin	11.88%	11.93%	7.72%	10.38%	8.14%	10.14%	9.83%	5.39%	8.58%	6.49%	3.19%
EBIT Margin	12.32%	11.58%	7.71%	10.47%	8.45%	9.92%	10.09%	5.65%	8.70%	6.72%	2.79%
Profit (Net Income) Margin	9.96%	9.77%	6.69%	8.86%	7.41%	8.08%	10.45%	5.55%	7.15%	5.65%	2.36%
Tax Burden Percent	82.24%	85.07%	87.85%	85.93%	88.57%	83.27%	105.33%	99.30%	85.02%	85.48%	94.54%
Interest Burden Percent	98.27%	99.16%	98.70%	98.47%	98.96%	97.76%	98.39%	98.97%	96.64%	98.29%	89.57%
Effective Tax Rate	17.36%	14.28%	11.11%	13.90%	11.40%	17.30%	-5.23%	0.52%	14.97%	15.19%	5.08%
Return on Invested Capital (ROIC)	42.68%	46.37%	28.54%	36.83%	31.34%	35.19%	37.98%	21.08%	35.09%	24.28%	11.69%
ROIC Less NNEP Spread (ROIC-NNEP)	89.62%	68.90%	24.81%	31.15%	29.21%	39.79%	35.94%	29.84%	42.70%	36.62%	32.34%
Return on Net Nonoperating Assets (RNNOA)	0.35%	-1.69%	0.98%	0.54%	-3.00%	-3.96%	-2.24%	0.95%	-1.20%	0.51%	-0.83%
Return on Equity (ROE)	43.02%	44.69%	29.51%	37.37%	28.34%	31.22%	35.74%	22.02%	33.89%	24.78%	10.86%
Cash Return on Invested Capital (CROIC)	-4.13%	10.20%	36.05%	40.66%	28.49%	-13.70%	-68.19%	-80.60%	-72.92%	-54.18%	-5.76%
Operating Return on Assets (OROA)	25.88%	26.77%	16.19%	21.68%	16.89%	21.65%	19.78%	12.54%	21.89%	18.49%	6.15%
Return on Assets (ROA)	20.91%	22.58%	14.04%	18.35%	14.80%	17.62%	20.50%	12.33%	17.98%	15.54%	5.20%
Return on Common Equity (ROCE)	43.02%	44.68%	29.51%	37.37%	28.33%	31.22%	35.74%	22.02%	33.89%	24.78%	10.86%
Return on Equity Simple (ROE_SIMPLE)	27.33%	31.80%	33.21%	0.00%	28.29%	23.80%	20.59%	0.00%	24.16%	23.16%	18.04%
Net Operating Profit after Tax (NOPAT)	182	184	88	195	153	307	398	287	433	313	139
NOPAT Margin	9.82%	10.23%	6.86%	8.94%	7.21%	8.38%	10.34%	5.36%	7.29%	5.51%	3.03%
Net Nonoperating Expense Percent (NNEP)	-46.94%	-22.52%	3.72%	5.68%	2.13%	-4.60%	2.04%	-8.77%	-7.60%	-12.35%	-20.65%
Return On Investment Capital (ROIC_SIMPLE)	9.70%	9.27%	4.50%	9.11%	6.61%	8.90%	5.72%	3.78%	5.32%	3.84%	1.57%
Cost of Revenue to Revenue	81.24%	81.29%	82.36%	82.99%	83.31%	84.60%	84.48%	89.80%	86.94%	88.20%	90.43%
SG&A Expenses to Revenue	1.29%	1.28%	1.91%	1.29%	1.55%	1.01%	1.38%	1.38%	1.10%	1.12%	1.53%
R&D to Revenue	4.01%	3.92%	6.04%	3.88%	5.24%	2.97%	3.02%	2.38%	2.23%	2.79%	3.54%
Operating Expenses to Revenue	6.88%	6.78%	9.92%	6.63%	8.55%	5.26%	5.69%	4.81%	4.49%	5.31%	6.38%
Earnings before Interest and Taxes (EBIT)	228	209	99	229	179	364	388	302	516	382	128
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	237	217	108	238	188	373	399	314	531	396	139
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.77	2.39	3.23	6.63	6.70	4.93	11.09	8.86	4.15	2.86	3.19
Price to Tangible Book Value (P/TBV)	1.77	2.39	3.23	6.63	6.70	4.93	11.09	8.86	4.15	2.86	3.19
Price to Revenue (P/Rev)	0.48	0.65	0.87	1.84	1.96	1.64	4.78	3.20	1.30	0.86	0.94
Price to Earnings (P/E)	6.49	7.51	9.73	20.44	23.68	20.69	53.86	41.62	17.17	12.35	17.66
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	15.41%	13.31%	10.28%	4.89%	4.22%	4.83%	1.86%	2.40%	5.82%	8.09%	5.66%
Enterprise Value to Invested Capital (EV/IC)	1.77	2.50	3.48	7.53	7.98	5.43	11.62	8.19	4.06	2.73	3.20
Enterprise Value to Revenue (EV/Rev)	0.48	0.63	0.84	1.80	1.91	1.60	4.76	3.23	1.31	0.88	0.94
Enterprise Value to EBITDA (EV/EBITDA)	5.02	5.73	7.49	16.02	18.78	16.32	46.95	38.04	15.19	11.18	14.69
Enterprise Value to EBIT (EV/EBIT)	5.33	6.01	7.86	16.75	19.72	17.01	48.49	39.31	15.63	11.54	15.26
Enterprise Value to NOPAT (EV/NOPAT)	6.59	7.26	9.33	19.73	22.73	19.90	53.30	42.25	17.18	12.80	17.31
Enterprise Value to Operating Cash Flow (EV/OCF)	392.83	18.99	8.55	19.31	22.74	0.00	0.00	0.00	0.00	0.00	136.92
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	28.13	9.72	18.23	29.13	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.15	0.09	0.11	0.09	0.07	0.12	0.37	0.40	0.38	0.31	0.39
Long-Term Debt to Equity	0.09	0.08	0.08	0.00	0.05	0.03	0.35	0.33	0.30	0.28	0.38
Financial Leverage	0.00	-0.02	0.04	0.02	-0.10	-0.10	-0.06	0.03	-0.03	0.01	-0.03
Leverage Ratio	2.08	1.91	2.06	2.02	1.95	1.73	1.76	1.83	1.86	1.62	1.71
Compound Leverage Factor	2.04	1.90	2.03	1.99	1.93	1.69	1.73	1.81	1.80	1.60	1.53
Debt to Total Capital	13.32%	8.55%	9.57%	7.94%	6.33%	10.88%	26.78%	28.64%	27.76%	23.43%	28.09%
Short-Term Debt to Total Capital	5.40%	1.40%	2.76%	7.94%	1.77%	8.00%	1.17%	5.30%	6.07%	1.90%	0.72%
Long-Term Debt to Total Capital	7.92%	7.15%	6.81%	0.00%	4.56%	2.88%	25.61%	23.34%	21.69%	21.53%	27.37%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	86.67%	91.44%	90.42%	92.05%	93.67%	89.12%	73.21%	71.36%	72.23%	76.57%	71.91%
Debt to EBITDA	0.43	0.23	0.25	0.21	0.19	0.41	1.56	1.71	1.40	1.16	1.81
Net Debt to EBITDA	0.01	-0.19	-0.24	-0.34	-0.53	-0.39	-0.21	0.40	0.11	0.29	-0.03
Long-Term Debt to EBITDA	0.26	0.19	0.18	0.00	0.14	0.11	1.49	1.39	1.09	1.07	1.76
Debt to NOPAT	0.57	0.29	0.32	0.26	0.24	0.51	1.77	1.89	1.58	1.33	2.13
Net Debt to NOPAT	0.02	-0.24	-0.30	-0.42	-0.64	-0.47	-0.24	0.44	0.12	0.33	-0.04
Long-Term Debt to NOPAT	0.34	0.25	0.22	0.00	0.17	0.13	1.69	1.54	1.24	1.22	2.07
Altman Z-Score	4.12	5.73	5.72	7.89	7.58	6.96	11.69	9.33	5.99	6.72	6.20
Noncontrolling Interest Sharing Ratio	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.13	2.89	2.49	2.31	2.23	2.43	4.69	3.81	3.43	6.38	6.66
Quick Ratio	0.72	1.17	0.95	1.16	0.87	1.12	2.19	1.88	1.68	3.31	3.63
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-314	-246	64	249	17	-739	-2,851	-3,933	-3,845	-3,678	-1,354
Operating Cash Flow to CapEx	2,918.17%	1,629.61%	2,482.10%	-114.24%	10,279.93%	-4,042.70%	-1,634.88%	-4,589.96%	923.03%	-870.70%	1,916.71%
Free Cash Flow to Firm to Interest Expense	-79.74	-139.99	49.91	70.82	8.87	-90.85	-456.46	-1,263.80	-221.58	-562.79	-101.04
Operating Cash Flow to Interest Expense	79.63	91.74	153.92	-2.66	145.18	-73.19	-243.28	-206.24	23.56	-36.69	46.77
Operating Cash Flow Less CapEx to Interest Expense	76.90	86.11	147.72	-4.99	143.76	-75.00	-258.16	-210.73	21.01	-40.90	44.33
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.10	2.31	2.10	2.07	2.00	2.18	1.96	2.22	2.52	2.75	2.20
Accounts Receivable Turnover	10.07	10.50	9.73	7.19	9.34	8.15	10.18	7.72	10.51	9.13	10.05
Inventory Turnover	3.43	3.88	3.44	3.91	3.22	3.98	3.51	4.47	4.67	6.01	4.79
Fixed Asset Turnover	20.93	23.34	22.97	24.73	25.38	31.56	34.99	42.57	50.64	53.76	49.13
Accounts Payable Turnover	7.42	8.71	7.56	8.16	6.53	8.49	11.45	11.50	11.80	20.14	22.05
Days Sales Outstanding (DSO)	36.24	34.75	37.53	50.80	39.06	44.80	35.86	47.31	34.72	39.99	36.32
Days Inventory Outstanding (DIO)	106.47	94.05	106.23	93.47	113.32	91.73	104.09	81.58	78.08	60.70	76.24
Days Payable Outstanding (DPO)	49.20	41.93	48.26	44.75	55.90	42.97	31.87	31.75	30.94	18.13	16.55
Cash Conversion Cycle (CCC)	93.51	86.88	95.50	99.51	96.48	93.56	108.08	97.13	81.86	82.56	96.01
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,632	1,681	1,593	1,702	1,769	2,727	4,842	5,922	6,047	6,717	6,336
Invested Capital Turnover	4.35	4.53	4.16	4.12	4.35	4.20	3.67	3.93	4.81	4.41	3.86
Increase / (Decrease) in Invested Capital	496	430	24	-53	136	1,046	3,249	4,220	4,278	3,990	1,494
Enterprise Value (EV)	2,890	4,207	5,540	12,813	14,111	14,805	56,242	48,483	24,553	18,327	20,277
Market Capitalization	2,883	4,345	5,715	13,083	14,508	15,155	56,494	47,978	24,383	17,848	20,321
Book Value per Share	$31.04	$34.36	$32.97	$37.57	$40.93	$57.71	$91.07	$92.51	$100.36	$106.53	$10.75
Tangible Book Value per Share	$31.04	$34.36	$32.97	$37.57	$40.93	$57.71	$91.07	$92.51	$100.36	$106.53	$10.75
Total Capital	1,875	1,989	1,956	2,142	2,312	3,453	6,958	7,592	8,136	8,148	8,872
Total Debt	250	170	187	170	146	376	1,863	2,174	2,259	1,909	2,492
Total Long-Term Debt	149	142	133	0.00	105	99	1,782	1,772	1,765	1,754	2,428
Net Debt	7.10	-138	-176	-270	-397	-350	-252	504	170	479	-44
Capital Expenditures (CapEx)	11	9.89	7.99	8.18	2.63	15	93	14	44	28	33
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,389	1,456	1,314	1,534	1,464	2,401	4,312	5,319	5,386	6,034	5,613
Debt-free Net Working Capital (DFNWC)	1,628	1,760	1,677	1,975	2,007	3,127	6,428	6,989	7,474	7,464	8,149
Net Working Capital (NWC)	1,527	1,733	1,623	1,805	1,966	2,850	6,346	6,586	6,980	7,309	8,085
Net Nonoperating Expense (NNE)	-2.51	8.29	2.23	1.67	-4.16	11	-4.36	-10	8.62	-7.97	31
Net Nonoperating Obligations (NNO)	7.10	-138	-176	-270	-397	-350	-252	504	170	479	-44
Total Depreciation and Amortization (D&A)	8.55	8.65	8.74	8.97	9.16	9.62	10	12	14	15	11
Debt-free, Cash-free Net Working Capital to Revenue	23.10%	21.90%	19.99%	21.54%	19.80%	25.95%	36.48%	35.48%	28.64%	28.98%	26.02%
Debt-free Net Working Capital to Revenue	27.06%	26.49%	25.51%	27.72%	27.15%	33.79%	54.38%	46.62%	39.74%	35.85%	37.78%
Net Working Capital to Revenue	25.38%	26.07%	24.68%	25.34%	26.60%	30.80%	53.69%	43.94%	37.12%	35.11%	37.49%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.35	$0.33	$0.16	$0.04	$0.30	$0.55	$0.71	$0.05	$0.72	$0.54	$0.18
Adjusted Weighted Average Basic Shares Outstanding	525.98M	531.60M	532.80M	5.29B	530.93M	541.35M	564.78M	5.56B	589.56M	592.51M	595.04M
Adjusted Diluted Earnings per Share	$0.34	$0.31	$0.15	$0.04	$0.28	$0.51	$0.66	$0.05	$0.67	$0.51	$0.17
Adjusted Weighted Average Diluted Shares Outstanding	550.17M	561.44M	562.33M	5.60B	571.85M	580.78M	614.31M	6.02B	639.15M	636.05M	621.81M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.04	$0.00	$0.00	$0.00	$0.05	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	529.23M	536.37M	524.88M	529.06M	533.14M	559.33M	585.57M	0.00	0.00	593.48M	596.82M
Normalized Net Operating Profit after Tax (NOPAT)	182	184	88	195	153	307	265	287	433	313	139
Normalized NOPAT Margin	9.82%	10.23%	6.86%	8.94%	7.21%	8.38%	6.88%	5.36%	7.29%	5.51%	3.03%
Pre Tax Income Margin	12.11%	11.48%	7.61%	10.31%	8.36%	9.70%	9.92%	5.59%	8.41%	6.61%	2.50%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	57.94	118.93	76.87	65.19	96.15	44.72	62.18	97.19	29.76	58.39	9.59
NOPAT to Interest Expense	46.19	105.04	68.38	55.64	82.04	37.78	63.74	92.22	24.95	47.84	10.40
EBIT Less CapEx to Interest Expense	55.21	113.30	70.67	62.86	94.74	42.90	47.29	92.69	27.21	54.18	7.15
NOPAT Less CapEx to Interest Expense	43.46	99.41	62.18	53.31	80.63	35.97	48.86	87.73	22.40	43.63	7.96
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	24.95%	23.44%	0.00%	0.00%	0.33%	0.00%	0.00%	0.00%	0.00%

Key Financial Trends

Over the last four years, Super Micro Computer (NASDAQ: SMCI) has exhibited substantial growth in revenue, profitability, and scale of operations, along with some fluctuations in cash flow and debt management.

Key positive trends:

Revenue has grown notably from approximately $1.35 billion in Q3 2022 to nearly $4.6 billion in Q3 2025, indicating strong top-line expansion.
Net income has increased consistently, with Q3 2025 net income of approximately $109 million, compared to about $77 million in Q3 2022, supporting improved profitability.
Gross profit margins have remained healthy, with gross profits steadily rising alongside revenue, reflecting effective cost management of production.
Operating expenses, while growing in absolute terms, have generally increased at a slower pace than revenues, supporting operating income growth.
Cash and equivalents increased considerably, from about $247 million in Q3 2022 to over $2.5 billion in Q3 2025, underpinning strong liquidity and financial flexibility.
The company has maintained positive net cash flow from operating activities in recent quarters, for example $627 million in Q3 2025, reflecting solid core business cash generation.
Share count has only marginally increased, helping to support per-share earnings gains, e.g. diluted EPS grew from $0.66 in Q3 2024 to $0.17 in Q3 2025 (note seasonality and quarterly variations).

Neutral observations:

Investments in property, plant & equipment have fluctuated, with spending such as $32.7 million in Q3 2025, signaling ongoing capacity expansion but also capital intensity.
The company has engaged in significant debt financing and repayment activities, with overall net cash flow from financing activities of $512 million in Q3 2025, which affects leverage but provides financial resources.

Potential risks or negatives:

Operating cash flow saw severe declines in the recent past, with a negative $1.5 billion in Q3 2024 and negative results in other quarters, which may reflect working capital swings or business challenges.
Inventories have grown substantially, reaching close to $3.87 billion as of Q3 2025, which could indicate potential inventory buildup risks or demand fluctuations.
Accounts receivable have also increased markedly, which could impact cash collection cycles and liquidity if not managed effectively.
Interest expense levels have generally increased, reaching $13.4 million in Q3 2025, reflecting higher debt levels, which could pressure net income in higher interest rate environments.
Net income saw a significant decline from Q2 2025 ($321 million) to Q3 2025 ($109 million), indicating volatility in profitability that investors should monitor closely.

Summary:

Super Micro Computer has demonstrated strong revenue growth and profitability improvement over multiple years. It has built a robust cash position and maintained solid operating cash flows in recent periods. However, the company faces challenges with inventory management, fluctuating cash flow, and increasing debt and related interest expenses. The recent drop in quarterly net income warrants close attention by investors. Overall, the company appears financially sound with expanding scale, but investors should watch for liquidity and margin risks amid volatile quarterly results.

08/08/25 11:15 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Super Micro Computer's Financials

When does Super Micro Computer's financial year end?

According to the most recent income statement we have on file, Super Micro Computer's fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has Super Micro Computer's net income changed over the last 10 years?

Super Micro Computer's net income appears to be on an upward trend, with a most recent value of $1.15 billion in 2024, rising from $54.16 million in 2014. The previous period was $640.00 million in 2023. Check out Super Micro Computer's forecast to explore projected trends and price targets.

What is Super Micro Computer's operating income?

Super Micro Computer's total operating income in 2024 was $1.21 billion, based on the following breakdown:

Total Gross Profit: $2.06 billion
Total Operating Expenses: $850.64 million

How has Super Micro Computer's revenue changed over the last 10 years?

Over the last 10 years, Super Micro Computer's total revenue changed from $1.47 billion in 2014 to $14.99 billion in 2024, a change of 921.6%.

How much debt does Super Micro Computer have?

Super Micro Computer's total liabilities were at $4.41 billion at the end of 2024, a 158.9% increase from 2023, and a 1,247.8% increase since 2014.

How much cash does Super Micro Computer have?

In the past 10 years, Super Micro Computer's cash and equivalents has ranged from $95.44 million in 2015 to $1.67 billion in 2024, and is currently $1.67 billion as of their latest financial filing in 2024.

How has Super Micro Computer's book value per share changed over the last 10 years?

Over the last 10 years, Super Micro Computer's book value per share changed from 10.44 in 2014 to 92.51 in 2024, a change of 786.2%.

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This page (NASDAQ:SMCI) was last updated on 8/9/2025 by MarketBeat.com Staff

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Super Micro Computer (SMCI) Financials

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