TLDR
- SMCI revenue jumps 298% year over year to $19.9 billion in fiscal Q1 2027.
- Super Micro Computer net income surges 849% to $1.594 billion in Q1 2027.
- SMCI shares climb 5.96% after hours as quarterly earnings beat prior-year levels.
- Super Micro reports $1.75 diluted EPS as quarterly revenue reaches $19.9 billion.
- SMCI cash reaches $6.9 billion, while debt and convertible notes total $8.6 billion.
Super Micro Computer (SMCI) reported a sharp increase in first-quarter fiscal 2027 revenue and net income. The company generated $19.9 billion in sales, while net income reached $1.594 billion. Meanwhile, SMCI shares gained 3.12% to close at $31.39 before advancing 5.96% to $33.26 after hours. The financial results covered the three months ended September 30, 2026, and reflected substantial growth against the previous fiscal year. Additionally, the company reported higher earnings per share and improved gross margins year over year. However, quarterly gross margin declined compared with the preceding quarter.
Super Micro Computer, Inc., SMCI
Super Micro Computer Revenue Climbs to $19.9 Billion in Q1 Fiscal 2027
Super Micro Computer recorded $19.9 billion in first-quarter revenue, compared with $11.1 billion in Q4 fiscal 2026. The latest figure also represented substantial growth from the $5 billion reported during Q1 fiscal 2026. Consequently, quarterly sales increased approximately 298% year over year, highlighting the expansion in the company’s business.
The company’s gross margin reached 12.7%, compared with 17.5% in the previous quarter. However, this represented an improvement from the 9.3% gross margin recorded during the same period last year. On a non-GAAP basis, gross margin reached 12.8%, compared with 9.5% in Q1 fiscal 2026.
These results reflected continued demand across Supermicro’s artificial intelligence and data center infrastructure business. The company supplies enterprise computing, storage, and networking solutions alongside its AI infrastructure products. Furthermore, its Data Center Building Block Solutions platform supports deployments ranging from large data centers to smaller container-based systems.
Super Micro Computer Net Income Rises to $1.59 Billion
Super Micro Computer reported first-quarter net income of $1.594 billion, compared with $1.178 billion in Q4 fiscal 2026. The company had recorded net income of $168 million during Q1 fiscal 2026. Therefore, quarterly net income increased approximately 849% compared with the corresponding period last year.
Diluted net income per common share reached $1.75, compared with $1.62 in the previous quarter. The figure also increased significantly from $0.26 during Q1 fiscal 2026. Meanwhile, non-GAAP diluted earnings per share reached $1.81, compared with $0.35 in the year-earlier quarter.
The company reported $8 million in stock-based compensation adjustments when calculating its non-GAAP gross margin. Additionally, operating activities used $434 million in cash during the quarter. Capital expenditures and investments accounted for another $47 million during the reporting period.
Super Micro Computer Cash Position and Data Center Expansion
Super Micro Computer held $6.9 billion in cash and cash equivalents as of September 30, 2026. However, its combined bank debt and convertible notes reached $8.6 billion. This placed total reported debt and convertible notes $1.7 billion above its cash balance.
The company continues to expand its position in AI infrastructure and enterprise computing markets. Its product portfolio includes data center systems, storage platforms, and 5G and edge computing solutions. Moreover, Supermicro highlighted enterprise partnerships and increased global production capacity as important parts of its business strategy.
The company also identified software, networking, and proactive services as areas supporting its broader infrastructure offering. These operations complement its hardware business and address different customer requirements. Meanwhile, the latest quarterly results showed substantial revenue and earnings growth alongside lower sequential gross margins.
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