Supermicro Q3 FY2026 Revenue Hits $10.2B, Doubling Year-over-Year
Supermicro reported Q3 FY2026 (January–March 2026) revenue of $10.2 billion, more than doubling from the prior year period. Net income reached $483 million, 4.4x the year-ago quarter. The company guided Q4 revenue to $11.0–$12.5 billion.
- Supermicro's Q3 FY2026 revenue hit $10.2 billion, more than doubling year-over-year with diluted EPS of $0.72
- Q4 guidance of $11.0–$12.5 billion exceeded consensus, driving stock gains according to Reuters
Supermicro disclosed Q3 FY2026 (January–March 2026) revenue of $10.2 billion via SEC 8-K filing on May 5 (US time), representing more than a doubling compared to the prior-year quarter.
📊 Stock Price at Article Time (May 6, 2026, 07:00 KST)
$27.83 ▼ -0.32%
~40,882 KRW (Rate: 1469)
Q3 Results at a Glance
Revenue increased 121% from the prior-year quarter ($4.6 billion), though down sequentially from Q2 ($12.7 billion). Net income reached $483 million, representing 343% year-over-year growth from $109 million in the prior-year period.
- Revenue: $10.2 billion, +121% YoY (Q3 FY2025: $4.6 billion)
- Diluted EPS: $0.72, up significantly from $0.17 in the prior-year quarter
- Non-GAAP diluted EPS: $0.84, versus $0.31 in the prior-year quarter
- Net income: $483 million, +343% YoY
- Gross margin: 9.9%, improving from 6.3% in the prior quarter
- Operating cash flow: negative $6.6 billion (cash outflow from operations)
- Cash and cash equivalents: $1.3 billion
- Total debt and convertible notes: $8.8 billion
Q4 Guidance
The company projected Q4 FY2026 (April–June 2026) revenue of $11.0–$12.5 billion, exceeding consensus expectations tracked by Reuters and others. GAAP diluted EPS guidance ranges from $0.53–$0.67, while non-GAAP diluted EPS is expected between $0.65–$0.79. Full-year FY2026 revenue is projected at $38.9–$40.4 billion. CEO Charles Liang stated, "Margins are recovering and our data center infrastructure (DCBBS) business is scaling rapidly." He added, "We are well-positioned to address AI demand with additional manufacturing capacity in Silicon Valley."
Market Response
As of May 6, 2026, 07:00 KST, Supermicro shares traded at $27.83, down 0.32% from the prior close. Reuters reported the stock rallied immediately following the announcement, citing Q4 guidance that beat consensus. Bloomberg characterized the earnings outlook as a signal of cost discipline. However, some outlets flagged concerns over the $6.6 billion operating cash outflow during the quarter. The filing also noted that the Board is conducting an independent investigation into related-party export control matters. These results represent preliminary figures pending final accounting close and have not been audited by external auditors.
This article was auto-generated from the SEC 8-K filing and international news reports to deliver key data swiftly following announcement. We recommend reviewing the company's official SEC filing before making trading decisions. Stock prices reflect the article timestamp and may differ from current levels.
SMCIFrequently Asked Questions
What was Supermicro's Q3 revenue and how does it compare to the prior year?
Q3 FY2026 revenue reached $10.2 billion, more than double the prior-year quarter of $4.6 billion. However, it declined sequentially from Q2's $12.7 billion.
What does the negative $6.6 billion operating cash flow mean?
Operating cash flow measures actual cash in and out during business operations. Despite strong earnings, the company spent $6.6 billion more cash than it received this quarter—likely due to inventory buildup and payment timing. This is possible even with positive net income and raised concerns among some analysts.
Why is the Q4 guidance viewed positively?
Management guided Q4 revenue to $11.0–$12.5 billion, which exceeded consensus estimates tracked by Reuters and other outlets. The strong forward outlook contributed to stock appreciation immediately after the announcement.
What does 'preliminary results' mean for these earnings?
These figures were released before the company's accounting close process was complete and have not been audited by external auditors. Final results may differ slightly, and the company has disclosed this limitation in its SEC filing.
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