tradmap

SMCI Financials Super Micro Computer

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 45.8% per year over the past 5 years.
  • Net income has grown faster than revenue (65.6% vs 45.8% per year).
  • Operating margin has expanded, at 5.7% in the latest year.

Financial health

  • The company holds more cash ($5.2B) than total debt ($112M).
  • Total debt has grown slower than revenue (30.8% vs 45.8% per year).
  • Operating income covered interest expense 21× in the latest year.
  • Total debt is 0.1× EBITDA.
Revenue & net income
$0 $11B $22B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 9% 18% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$3B -$539M $2B $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $3B $5B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$2B $713M $4B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $22.0B $1.0B 11.1% 5.7% $1.5B $112M $5.2B
2024 $15.0B $1.2B 13.8% 8.1% -$2.6B $476M $1.7B
2023 $7.1B $640M 18.0% 10.7% $627M $290M $440M
2022 $5.2B $285M 15.4% 6.5% -$486M $597M $267M
2021 $3.6B $112M 15.0% 3.5% $65M $98M $232M
2020 $3.3B $84M 15.8% 2.6% -$75M $29M $211M
2019 $3.5B $72M 14.2% 2.8% $238M $24M $248M
2018 $3.4B $46M 12.8% 2.8% $60M $115M
2017 $2.5B $67M 14.1% 3.8% -$126M $162M $111M
2016 $72M $74M $94M $179M
2015 $93M -$81M $94M $93M
2014 $54M -$34M $46M $95M
2013 $21M $9M $35M $93M
2012 $30M -$8M $43M $81M
2011 $40M -$8M $28M $70M

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 47.5 94.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 4.3 8.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '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 45.8% per year, and net income grown 65.6% per year. These are computed facts, not advice.

How much debt does SMCI have?

As of FY2025, Super Micro Computer reported $112M of total debt against $5.2B of cash; operating income covered interest expense 21×.

What is SMCI's profit margin?

In FY2025, gross margin was 11.1%, operating margin 5.7%, and net margin 4.8%.

What is SMCI's P/E ratio?

As of Jun '26, Super Micro Computer traded at a price-to-earnings ratio of about 18.1× (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.