tradmap

SMCI Financials Super Micro Computer

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 61.5% per year over the past 5 years.
  • Net income has grown faster than revenue (81.9% vs 61.5% per year).
  • Operating margin has expanded, at 7.1% in the latest year.

Financial health

  • The company holds more cash ($7.5B) than total debt ($4.1B).
  • Total debt has grown faster than revenue (110.5% vs 61.5% per year).
  • Operating income covered interest expense 14× in the latest year.
  • Total debt is 1.4× EBITDA.
Revenue & net income
$0 $20B $39B 2012 2014 2016 2018 2020 2022 2024 2026
RevenueNet income
Margins (gross / operating / net)
0% 9% 18% 2012 2014 2016 2018 2020 2022 2024 2026
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 16% 32% 2012 2014 2016 2018 2020 2022 2024 2026
ROEROA
Free cash flow (CFO − capex)
-$7B -$3B $2B $0 2012 2014 2016 2018 2020 2022 2024 2026
Free cash flow
Cash vs total debt
$0 $4B $8B 2012 2014 2016 2018 2020 2022 2024 2026
CashTotal debt
Cash flow: operating / investing / financing
-$7B $1B $9B $0 2012 2014 2016 2018 2020 2022 2024 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2026 $39.1B $2.2B 10.8% 7.1% 15.4% 7.4% -$7.0B $4.1B $7.5B
2025 $22.0B $1.0B 11.1% 5.7% 16.6% 7.5% $1.5B $112M $5.2B
2024 $15.0B $1.2B 13.8% 8.1% 21.3% 11.7% -$2.6B $476M $1.7B
2023 $7.1B $640M 18.0% 10.7% 32.5% 17.4% $627M $290M $440M
2022 $5.2B $285M 15.4% 6.5% 20.0% 8.9% -$486M $597M $267M
2021 $3.6B $112M 15.0% 3.5% 10.2% 5.0% $65M $98M $232M
2020 $3.3B $84M 15.8% 2.6% 7.9% 4.4% -$75M $29M $211M
2019 $3.5B $72M 14.2% 2.8% 7.6% 4.3% $238M $24M $248M
2018 $3.4B $46M 12.8% 2.8% 5.5% 2.6% $60M $115M
2017 $2.5B $67M 14.1% 3.8% 8.6% 4.4% -$126M $162M $111M
2016 $72M 10.3% 6.0% $74M $94M $179M
2015 $93M 15.0% 8.5% -$81M $94M $93M
2014 $54M 11.5% 6.8% -$34M $46M $95M
2013 $21M 5.7% 3.4% $9M $35M $93M
2012 $30M 8.8% 5.1% -$8M $43M $81M

Valuation over time

How the market has priced SMCI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 51.8 103.7 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 4.7 9.3 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is SMCI growing its revenue and profit?

Over the past 5 years, Super Micro Computer's revenue has grown 61.5% per year, and net income grown 81.9% per year. These are computed facts, not advice.

How much debt does SMCI have?

As of FY2026, Super Micro Computer reported $4.1B of total debt against $7.5B of cash; operating income covered interest expense 14×.

What is SMCI's profit margin?

In FY2026, gross margin was 10.8%, operating margin 7.1%, and net margin 5.7%.

What is SMCI's P/E ratio?

As of Sep '26, Super Micro Computer traded at a price-to-earnings ratio of about 11.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.