Supermicro: Fiscal 3Q26 Financial Results

Super Micro Computer, Inc., a total IT solution provider for AI, cloud, storage, and 5G/edge, announced unaudited financial results for its third quarter of fiscal year 2026 ended March 31, 2026.

Third Quarter Fiscal Year 2026 Highlights

Net sales of $10.2 billion versus $12.7 billion in Q2’26 and $4.6 billion in Q3’25
Gross margin of 9.9% versus 6.3% in Q2’26 and 9.6% in Q3’25
Net income of $483 million versus $401 million in Q2’26 and $109 million in Q3’25
Diluted net income per common share of $0.72 versus $0.60 in Q2’26 and $0.17 in Q3’25
Non-GAAP gross margin of 10.1% versus 9.7% in Q3’25
Non-GAAP diluted net income per common share of $0.84 versus $0.31 in Q3’25
Cash flow used in operations for Q3’26 of $6.6 billion and capital expenditures and investments of $97 million

“Supermicro’s transformation into a total datacenter infrastructure provider is accelerating,” said Charles Liang, founder, president and CEO, Supermicro. “Our margin recovery and the rapid growth of our DCBBS business demonstrate that our business remains robust. With the addition of our new US manufacturing facilities in Silicon Valley, we are exceptionally well-positioned to meet the massive demand for various AI and enterprise verticals.”

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As of March 31, 2026, total cash and cash equivalents was $1.3 billion and total bank debt and convertible notes were $8.8 billion.

Business Outlook
The company expects net sales in the range of $11.0 billion and $12.5 billion for the fourth quarter of fiscal year 2026 ending June 30, 2026, GAAP net income per diluted share of $0.53 to $0.67 and non-GAAP net income per diluted share of $0.65 to $0.79. The company’s projections for GAAP and non-GAAP net income per diluted share assume a tax rate of approximately 19.4% and 20.4%, respectively, and a fully diluted share count of 695 million shares for GAAP and fully diluted share count of 712 million shares for non-GAAP. The outlook for the fourth quarter of fiscal year 2026 GAAP net income per diluted share includes approximately $95 million in expected stock-based compensation, net of related tax effects of $30 million that are excluded from non-GAAP net income per diluted share.

For fiscal year 2026, the company expects net sales in the range of $38.9 billion to $40.4 billion.