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Super Micro Computer, Inc. (SMCI) is a Silicon Valley-based company specializing in accelerated compute platforms, providing high-performance and high-efficiency server and storage systems tailored for various markets such as enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing . The company offers a wide range of products under its Total IT Solutions, including complete servers, storage systems, and modular blade servers, emphasizing flexibility and customization to meet diverse computing needs . Server and storage systems are the primary revenue drivers, with subsystems and accessories also contributing to the company's sales .
- Server and Storage Systems - Offers high-performance and high-efficiency servers and storage solutions optimized for enterprise data centers, cloud computing, AI, 5G, and edge computing.
- Subsystems and Accessories - Provides server boards, chassis, and accessories that complement the main server and storage offerings.
- Modular Blade Servers - Delivers flexible and scalable blade server solutions for various computing environments.
- Blades - Supplies individual blade components for integration into modular server systems.
- Workstations - Designs high-performance workstations for professional and enterprise use.
- Full Rack Scale Solutions - Provides comprehensive rack-scale solutions for large-scale data center deployments.
- Networking Devices - Offers networking hardware to support server and storage connectivity.
- Server Sub-Systems - Supplies essential components for server assembly and customization.
- Server Management and Security Software - Develops software solutions for managing and securing server operations.
| Revenue by Segment - in Millions of USD | Q2 2014 | Q3 2014 | Q4 2014 | FY 2014 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | FY 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | FY 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | FY 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | FY 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | FY 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | FY 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 | Q2 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Server and Storage Systems | 6,569.8 | 1,966.6 | 3,435.6 | 3,698.5 | - | - | - | 5,487.2 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Subsystems and Accessories | 553.7 | 153.1 | 229.3 | 151.6 | - | - | - | 190.8 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Server Systems | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||||||||||||||||||
| Total Revenue | 7,123.5 | 2,119.7 | 3,664.9 | 3,850.1 | - | - | - | 5,678.0 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue by Geography - in Millions of USD | Q2 2014 (3M) | Q3 2014 (3M) | Q4 2014 | FY 2014 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | FY 2015 | Q1 2016 | Q2 2016 | Q3 2016 | Q4 2016 | FY 2016 | Q1 2017 | Q2 2017 | Q3 2017 | Q4 2017 | FY 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | FY 2018 | Q1 2019 | Q2 2019 | Q3 2019 | Q4 2019 | FY 2019 | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | FY 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | FY 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | FY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | FY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | FY 2024 | Q1 2025 | Q2 2025 |
| United States | 4,834.1 | 1,619.514 | 2,605.6 | 2,685.2 | - | - | - | 3,847.0 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Asia | 1,050.8 | 225.468 | 656.2 | 764.6 | - | - | - | 768.2 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Europe | 1,003.1 | 190.848 | 288.4 | 297.7 | - | - | - | 933.8 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Other | 235.5 | 83.842 | 114.7 | 102.6 | - | - | - | 129.0 | ||||||||||||||||||||||||||||||||||||||||||||||||
| - China | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||||||||||||||||||||||||||
| Total Revenue | 7,123.5 | 2,119.672 | 3,664.9 | 3,850.1 | - | - | - | 5,678.0 |
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Charles Liang ExecutiveBoard | President, CEO, and Chairman of the Board | None | Co-founder of SMCI in 1993; instrumental in developing server and storage system architectures; holds 23 U.S. patents; M.S. in Electrical Engineering from the University of Texas at Arlington. | View Report → |
Sara Liu ExecutiveBoard | Co-Founder, Senior Vice President, and Director | None | Co-founder of SMCI in 1993; previously served as Treasurer and Chief Administrative Officer; B.S. in Accounting from Providence University in Taiwan. | |
David Weigand Executive | Senior Vice President and Chief Financial Officer | None | Joined SMCI in February 2021; previously held leadership roles at Hewlett Packard Enterprise, Silicon Graphics International, and Renesas Electronics America; CPA (inactive). | |
Don Clegg Executive | Senior Vice President of Worldwide Sales | None | Senior Vice President of Worldwide Sales; no additional details on tenure or achievements provided in the documents. | |
George Kao Executive | Senior Vice President of Operations | None | Joined SMCI in October 2016; previously held leadership roles at Pericom Semiconductor and Orient Semiconductor Electronics; B.S. in Electrical Engineering from Cal Poly San Luis Obispo. | |
Daniel Fairfax Board | Director | None | Joined SMCI Board in July 2019; previously CFO at Brocade Communications; CPA (inactive); MBA from University of Chicago Booth School of Business. | |
Judy Lin Board | Director | None | Joined SMCI Board in April 2022; 30 years of experience in the disk drive industry; previously VP at Western Digital and Komag; M.S. in Materials Science from UC Berkeley. | |
Robert Blair Board | Director | Director at Pictos, Inc. | Joined SMCI Board in December 2022; previously CEO of ESS Technology and Pictos; holds 12 U.S. patents; studied Electrical Engineering at Arizona State University. | |
Sherman Tuan Board | Director | CEO and Chairman of PurpleComm, Inc. | Joined SMCI Board in February 2007; founder and CEO of PurpleComm, Inc. (9x9.tv); extensive experience in connected TV platforms. |
- Given the resignation of your independent auditor and the delay in filing your 10-K, are you experiencing any market share losses or customer hesitancy due to these issues, and how are you mitigating potential impacts on your business?
- Can you provide more specifics on the initial concerns raised by your previous auditor that prompted the special committee's investigation, and what remedial measures are being implemented to strengthen your internal governance and oversight functions?
- With the delays in providing audited financial statements, what are the risks associated with your credit agreements if you fail to meet the new deadlines, and could this impact your access to capital markets or trigger covenants in your convertible debt?
- You previously gave full-year revenue guidance of $26 billion to $30 billion but did not reaffirm it on this call; do you still stand by this outlook, and what key factors could affect your ability to achieve these targets?
- Your gross margin is expected to contract in the upcoming quarter; is this a result of increased competition or pricing pressures, and what strategies are you employing to sustain or improve profitability amidst these challenges?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Global technology vendors that compete primarily with large vendors of x86-based general purpose servers and components. | |
Global technology vendors that compete primarily with large vendors of x86-based general purpose servers and components. | |
Global technology vendors that compete primarily with large vendors of x86-based general purpose servers and components. | |
Lenovo | Global technology vendors that compete primarily with large vendors of x86-based general purpose servers and components. |
Foxconn | ODMs that benefit from their scale and very low-cost manufacturing and are increasingly offering their own branded products. |
Quanta Computer | ODMs that benefit from their scale and very low-cost manufacturing and are increasingly offering their own branded products. |
Wiwynn Corporation | ODMs that benefit from their scale and very low-cost manufacturing and are increasingly offering their own branded products. |
Inspur | OEMs that compete with a number of other vendors who also sell application optimized servers, contract manufacturers/OEMs and ODMs. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Gemini Open Cloud Computing Inc. | 2023 | Completed acquisition by Super Micro Computer, Inc. for a total purchase consideration of $2.5 million (with a $0.3 million holdback) and $1.8 million recorded as goodwill reflecting planned business growth; the impact on consolidated financials was immaterial and acquisition-related costs were included in SG&A expenses. |
Recent press releases and 8-K filings for SMCI.
- The company’s stockholders approved a further amendment and restatement of the 2020 Equity and Incentive Compensation Plan, which increases the available shares for awards to 103,000,000 shares and adjusts the share counting rules for option and award grants.
- At the Annual Meeting, proposals were approved including the election of two Class III directors and a non-binding advisory resolution on named executive officer compensation, reflecting key board and compensation updates.
- DCBBS is launched with integrated DLC-2 technology to streamline the design and deployment of liquid-cooled AI/IT data centers, offering pre-validated, scalable units .
- The innovative DLC-2 solution delivers up to 40% power savings, while significantly reducing water consumption, noise, and rack space in data centers .
- Features a modular building block approach at the system, rack, and data center levels, enabling rapid deployments in as little as three months .
- Designed for advanced AI, HPC, and cloud operations, the solution supports enhanced efficiency and lowers total cost of ownership by up to 20% .
- Comes with comprehensive consultation, deployment, and on-site support services for seamless integration .
- Fiscal Q3 FY25 results: achieved $4.6B in net sales, $109M net income, 9.6% gross margin, and a 19% YoY revenue increase despite sequential declines .
- Updated Q4 FY25 guidance projects $5.6–$6.4B in net sales, GAAP EPS of $0.30–$0.40, non-GAAP EPS of $0.40–$0.50, with a full-year revenue target of $21.8–$22.6B .
- Transitioning from Hopper to Blackwell platforms, the company sees robust demand for its upcoming Blackwell product line, DCBBS solutions, and next-generation AI products including NVIDIA-powered solutions .
- Commentary highlights strategic measures, including the issuance of $700 million in new convertible notes to bolster working capital and expand global capacity .
- Enhanced corporate governance with new board and management additions reinforces its long-term strategic focus .
- Preliminary unaudited financial results for Q3 Fiscal 2025 (ended March 31, 2025) were announced, including a net sales guidance of $4.5B to $4.6B and diluted net income per common share guidance for both GAAP and non-GAAP measures.
- The update highlighted strong performance in new generation product design wins, although delayed customer decisions shifted some sales recognition to Q4, and the GAAP and non-GAAP gross margins were 220 basis points lower than in Q2 due to higher inventory reserves and expedite costs.