Super Micro Computer, Inc.

SMCI 10-Q · Q3 2026

SMCI Q3 2026 request

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Income Statement

Income Statement
Metric Q3 2026 Q3 2025 YoY
Revenue 10,243,014 4,599,913 +122.7%
Show Product Lines breakouts
Service 104.4 57.2 +82.5%
Service and Software 140.5 71.8 +95.7%
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Non Us 3,209,132 1,831,732 +75.2%
US 7,033,882 2,768,181 +154.1%
Show Counterparty Name breakouts
Ablecom · Related Party 315 3 +10400.0%
Compuware · Related Party 4,181 3,278 +27.5%
Leadtek · Related Party 383 165 +132.1%
Show Related Party Transactions By Related Party breakouts
Related Party 4,879 7,647 -36.2%
Cost of Revenue 9,224,334 4,159,695 +121.8%
Show Counterparty Name breakouts
Ablecom · Related Party 126,145 50,147 +151.6%
Compuware · Related Party 76,695 65,372 +17.3%
Show Related Party Transactions By Related Party breakouts
Related Party 202,840 115,519 +75.6%
Gross Profit 1,018,680 440,218 +131.4%
Research & Development 215,659 162,857 +32.4%
Show Counterparty Name breakouts
Ablecom · Related Party 1,754 971 +80.6%
Compuware · Related Party 445 460 -3.3%
Show Related Party Transactions By Related Party breakouts
Related Party 2,199 1,431 +53.7%
Sales & Marketing 89,510 59,978 +49.2%
General & Administrative 87,643 70,603 +24.1%
Operating Expenses 392,812 293,438 +33.9%
Operating Income 625,868 146,780 +326.4%
Other Non-Operating Income (Expense) 4,147 -32,967 +112.6%
Interest Income 45,437 14,654 +210.1%
Interest Expense -64,483 -13,402 -381.1%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 610,969 115,065 +431.0%
Income Tax Expense (Benefit) -126,887 -5,843 -2071.6%
Income Loss From Equity Method Investments -695 -445 -56.2%
Net Income 483,387 108,777 +344.4%
EPS (Basic) 0.81 0.18 +350.0%
EPS (Diluted) 0.72 0.17 +323.5%
Wtd Avg Shares (Basic) 600,205 595,041 +0.9%
Wtd Avg Shares (Diluted) 692,189 621,809 +11.3%
Net Income 483,386 108,778 +344.4%
Show Equity Components breakouts
Noncontrolling Interest -1 1 -200.0%
Retained Earnings 483,387 108,777 +344.4%
Comprehensive Income 483,384 108,788 +344.3%
Other Comprehensive Income -3 11 -127.3%
Net Income Loss Available To Common Stockholders Basic 483,387 108,777 +344.4%

Balance Sheet

Balance Sheet
Metric Q3 2026 Q3 2025 YoY
Current Assets
Cash & Cash Equivalents 1,290,324 2,536,101 -49.1%
Accounts Receivable 8,413,396
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Ablecom · Related Party 1
Compuware · Related Party 430
Leadtek · Related Party 202
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Related Party 633
Inventory 11,103,376 3,870,243 +186.9%
Prepaid Expenses & Other Current Assets 761,190 464,689 +63.8%
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Ablecom · Related Party 1,344 1,350 -0.4%
Compuware · Related Party 27,370 13,371 +104.7%
Show Related Party Transactions By Related Party breakouts
Related Party 28,714 14,721 +95.1%
Total Current Assets 21,568,286 9,513,589 +126.7%
Non-Current Assets
Property, Plant & Equipment 607,659
Deferred Tax Assets 632,715 481,216 +31.5%
Other Non-Current Assets 643,369
Show Counterparty Name breakouts
Ablecom · Related Party 59
Show Related Party Transactions By Related Party breakouts
Related Party 59
Total Assets 23,452,029 10,738,525 +118.4%
Operating Lease Right-of-Use Assets 361,437
Long Term Investments 139,593
Current Liabilities
Accounts Payable 3,686,991
Show Counterparty Name breakouts
Ablecom · Related Party 88,323
Compuware · Related Party 45,729
Show Related Party Transactions By Related Party breakouts
Related Party 134,052
Accrued Liabilities 830,007 344,679 +140.8%
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Ablecom · Related Party 689 487 +41.5%
Compuware · Related Party 641 254 +152.4%
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Related Party 1,330 741 +79.5%
Accrued Income Taxes Current 38,333 23,633 +62.2%
Line Of Credit And Term Loans Current Maturities 2,095,069
Deferred Revenue (Current) 1,472,235 352,803 +317.3%
Total Current Liabilities 8,122,635 1,428,136 +468.8%
Non-Current Liabilities
Contract With Customer Liability Noncurrent 663,410 312,994 +112.0%
Other Non-Current Liabilities 412,361
Show Counterparty Name breakouts
Ablecom · Related Party 251
Compuware · Related Party 243
Show Related Party Transactions By Related Party breakouts
Related Party 494
Total Liabilities 15,876,438 4,359,046 +264.2%
Long-Term Debt (Q)
Show Debt Instrument breakouts
Chang Hwa Bank Credit Facility due October 15, 2026 · Secured Debt 4,562
CTBC Term Loan Facility, due August 15, 2026 · Secured Debt 603
CTBC Term Loan Facility, due June 4, 2030 · Secured Debt 22,343
E.SUN Bank Term Loan Facility, due August 15, 2027 · Secured Debt 5,760
E.SUN Bank Term Loan Facility, due September 15, 2026 · Secured Debt 5,005
Mega Bank Term Loan Facility, due October 3, 2026 · Secured Debt 6,256
Show Credit Facility breakouts
Secured Debt · Term Loan 44,529
Operating Lease Liabilities 345,352
Other Liabilities
Line Of Credit And Term Loans Noncurrent Maturities 2,018,675
Convertible Long Term Notes Payable 4,659,357 2,385,320 +95.3%
Minority Interest 161 160 +0.6%
Stockholders' Equity
Common Stocks Including Additional Paid In Capital 3,087,963 2,939,276 +5.1%
Accumulated Other Comprehensive Income 692 663 +4.4%
Retained Earnings 4,486,775 3,439,380 +30.5%
Total Stockholders' Equity 7,575,430 6,379,319 +18.7%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 7,575,591 6,379,479 +18.7%
Show Equity Components breakouts
Aoci Including Portion Attributable To Noncontrolling Interest 692 663 +4.4%
Common Stock Including Additional Paid In Capital 3,087,963 2,939,276 +5.1%
Noncontrolling Interest 161 160 +0.6%
Retained Earnings 4,486,775 3,439,380 +30.5%
Total Liabilities & Equity 23,452,029 10,738,525 +118.4%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2026 YTD Q3 2025 YoY
Operating Activities
Depreciation Amortization And Non Cash Interest 38,959 29,467 +32.2%
Operating Lease Right Of Use Asset Amortization Expense 26,997 10,241 +163.6%
Amortization Of Financing Costs And Discounts 17,162 6,367 +169.5%
Inventory Write Down 239,255 159,050 +50.4%
Stock-Based Compensation 305,558 230,840 +32.4%
Asset Impairment Charges 13,747
Foreign Currency Transaction Gain Loss Unrealized -4,428 2,742 -261.5%
Deferred Income Taxes And Tax Credits -30,920 -134,401 +77.0%
Other Non-Cash Items -8,302 -790 -950.9%
Change in Accounts Receivable -6,209,831 94,782 -6651.7%
Show Counterparty Name breakouts
Compuware · Related Party -145 48 -402.1%
Corporate Venture · Related Party 30 4,990 -99.4%
Leadtek · Related Party -125 840 -114.9%
Show Related Party Transactions By Related Party breakouts
Related Party -240 5,878 -104.1%
Change in Inventory -6,669,560 298,847 -2331.8%
Change in Prepaid & Other Assets -381,738 -284,356 -34.2%
Show Counterparty Name breakouts
Ablecom · Related Party -344 577 -159.6%
Compuware · Related Party -14,684 -3,359 -337.2%
Show Related Party Transactions By Related Party breakouts
Related Party -15,028 -2,782 -440.2%
Change in Accounts Payable 2,406,930 -811,690 +396.5%
Show Counterparty Name breakouts
Ablecom · Related Party 32,863 -48,270 +168.1%
Compuware · Related Party -28,563 -1,491 -1815.7%
Show Related Party Transactions By Related Party breakouts
Related Party 4,300 -49,991 +108.6%
Increase Decrease In Accrued Liabilities 232,916 52,714 +341.8%
Show Counterparty Name breakouts
Ablecom · Related Party -64 487 -113.1%
Compuware · Related Party 350 84 +316.7%
Show Related Party Transactions By Related Party breakouts
Related Party 286 571 -49.9%
Increase Decrease In Accrued Income Taxes Payable -11,576 5,365 -315.8%
Change in Deferred Revenue 1,404,262 249,421 +463.0%
Change in Other Liabilities 20,193 5,414 +273.0%
Show Counterparty Name breakouts
Ablecom · Related Party 137 227 -39.6%
Compuware · Related Party -251 502 -150.0%
Show Related Party Transactions By Related Party breakouts
Related Party -114 729 -115.6%
Net Cash from Operations -7,556,847 795,911 -1049.5%
Depreciation & Amortization 38.4 29.4 +30.6%
Investing Activities
Capital Expenditures -133,769 -104,536 -28.0%
Show Counterparty Name breakouts
Ablecom · Related Party -9,217 -10,137 +9.1%
Compuware · Related Party -149 -371 +59.8%
Leadtek · Graphic Cards 0 -0.5 +100.0%
Show Related Party Transactions By Related Party breakouts
Related Party -9,366 -10,508 +10.9%
Payments To Acquire Investments -42,000
Net Cash from Investing -175,769 -104,536 -68.1%
Right Of Use Asset Obtained In Exchange For Operating Lease Liability 94,907 128,617 -26.2%
Show Geography breakouts
Vernon, California 284
Property Plant And Equipment Transfers And Changes 7,304 4,889 +49.4%
Financing Activities
Proceeds From Issuance Of Debt 4,235,265 1,357,991 +211.9%
Debt Repayments -225,068 -1,731,366 +87.0%
Payment Of Debt Issuance Costs Excluding Convertible Debt -23,483
Proceeds From Stock Options Exercised 18,347 14,452 +27.0%
Tax Withholding for Share Compensation -102,391 -118,960 +13.9%
Proceeds Related To Receivable Purchase Agreement Net 4,191
Proceeds From Payments For Other Financing Activities -26 22 -218.2%
Net Cash from Financing 3,906,835 174,618 +2137.4%
Amortization of Financing Costs (YTD)
Show Debt Instrument breakouts
2028 Convertible Notes · Convertible Notes Payable 3.5 0.5 +600.0%
2029 Convertible Notes · Convertible Notes Payable 4.1 0.8 +412.5%
2030 Convertible Notes · Convertible Notes Payable 6.6
Supplemental
Interest Paid 81,293 24,046 +238.1%
Income Taxes Paid 270,394 270,392 0.0%
Unpaid Capital Expenditures 16,778 18,283 -8.2%
Show Counterparty Name breakouts
Ablecom · Related Party 2,584 7,111 -63.7%
Compuware · Related Party 7
Show Related Party Transactions By Related Party breakouts
Related Party 2,591 7,111 -63.6%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -6,554 826 -893.5%
Net Change in Cash -3,832,335 866,819 -542.1%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,339,966 2,537,092 -47.2%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

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