SMCI · Full Picture

Super Micro Computer, Inc. — the full picture

Trailing window · 2026-05-12 to 2026-08-10

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. AI Infrastructure Demand · Demand, orders & backlogPriority 62
    1 forward row(s); quote_verified
    Supermicro booked more than $60 billion in new AI server orders in one quarter.
  2. Guidance / Outlook · Guidance & outlookPriority 59
    2 forward row(s); quote_verified
    Analysts project Q4 (quarter ended June 2026) EPS of $0.68 for Super Micro Computer, up 65.9% year-over-year, and revenues of $11 billion, an increase of 91.1%.
  3. Free Cash Flow and Liquidity · Cash flow generationPriority 55
    quote_verified
    Operating cash flow hit –$7.56 billion.
  4. Revenue Performance and Mix · Revenue growth & mixPriority 55
    quote_verified
    Super Micro Computer shares are down 51.84% over the past year.
  5. Supply Chain and Inventory · Supply chain & operationsPriority 55
    quote_verified
    Working capital ballooned to $13.69 billion as inventories and receivables exploded.
  6. AI Data Center Buildout · Capacity & footprint expansionPriority 52
    quote_verified
    A storage-focused article states Supermicro recently secured over $60 billion in new orders.
  7. Gross Margin Drivers · Gross marginPriority 50
    1 forward row(s); quote_verified
    Supermicro expects significantly higher gross margins of 15% to 17%.
  8. Product Launch and Transition · Products & launchesPriority 33
    1 forward row(s); quote_verified
    The AMD–Supermicro–Spectro Cloud partnership launched AMD Instinct Coder, a turnkey enterprise AI coding solution using AMD Instinct GPUs, EPYC processors, and Pensando networking technologies integrated with Spectro Cloud PaletteAI and Inference Launchpad software within Supermicro systems.
  9. AI Chip Partnerships · Partnerships & JVsPriority 27
    quote_verified
    GuruFocus reports investors are considering how Nvidia's increasing dominance is testing Supermicro's dependence on Nvidia ahead of earnings.
  10. Partner Ecosystem Expansion · Partnerships & JVsPriority 25
    quote_verified
    Supermicro announced its seventh annual Open Storage Summit, a 12-session virtual event presented with theCUBE running August 11 through September 3, featuring 38 industry experts from 21 technology companies.
  11. AI Infrastructure Competition · UnclassifiedPriority 24
    quote_verified
    247wallst states Supermicro's lower margins are offset by higher growth compared to competitors like Dell and HPE, supporting a $32.28 price target representing a 13.44% upside.

Threads by pillar

Revenue & Demand Priority 67 · 3 threads

Costs & Margins Priority 58 · 2 threads

Capital & Balance Sheet Priority 55 · 1 thread

Strategy & Portfolio Priority 54 · 3 threads

Guidance & Outlook Priority 59 · 1 thread

Unclassified Priority 24 · 1 thread