📊 SMCI Key Takeaways
Is Super Micro Computer, Inc. (SMCI) a Good Investment?
Despite impressive 46.6% revenue growth and a fortress balance sheet with minimal debt, Super Micro faces critical fundamental deterioration: operating cash flow of -$7.6B, net income flat despite revenue explosion, and severe working capital issues. The inability to convert growth into earnings or cash generation signals poor profitability expansion and sustainability concerns.
Super Micro Computer, Inc. Key Strengths (SMCI)
- Exceptional revenue growth of 46.6% YoY demonstrating strong market demand
- Fortress balance sheet with minimal leverage (Debt/Equity 0.01x) and strong liquidity (Current Ratio 2.66x)
- Solid cash position of $1.3B with very low long-term debt of $85.6M
SMCI Stock Risks: Super Micro Computer, Inc. Investment Risks
- Catastrophic negative operating cash flow of -$7.6B indicating severe working capital or quality of earnings crisis
- Net income completely flat YoY (+0.0%) despite 46.6% revenue growth signals collapsing profitability expansion
- Negative free cash flow of -$7.7B is unsustainable; at current burn rate, cash depletion risk within 18 months
Key Metrics to Watch
- Operating cash flow trend and working capital components (receivables, inventory)
- Gross margin sustainability and operating leverage as revenue scales
- Net income growth trajectory relative to revenue growth
Super Micro Computer, Inc. (SMCI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.66x current ratio provides a solid financial cushion.
SMCI Profit Margin, ROE & Profitability Analysis
SMCI vs Technology Sector: How Super Micro Computer, Inc. Compares
How Super Micro Computer, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Super Micro Computer, Inc. Stock Overvalued? SMCI Valuation Analysis 2026
Based on fundamental analysis, Super Micro Computer, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Super Micro Computer, Inc. Balance Sheet: SMCI Debt, Cash & Liquidity
SMCI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Super Micro Computer, Inc.'s revenue has grown significantly by 518% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.14 reflects profitable operations.
SMCI Revenue Growth, EPS Growth & YoY Performance
SMCI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $4.6B | $108.8M | $0.17 |
| Q2 2026 | $5.7B | $320.6M | $0.51 |
| Q1 2026 | $5.0B | $168.3M | $0.26 |
| Q3 2025 | $3.9B | $108.8M | $0.17 |
| Q2 2025 | $3.7B | $296.0M | $0.51 |
| Q1 2025 | $2.1B | $157.0M | $0.27 |
| Q3 2024 | $1.3B | $85.8M | $1.53 |
| Q2 2024 | $1.8B | $176.2M | $3.14 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Super Micro Computer, Inc. Dividends, Buybacks & Capital Allocation
SMCI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Super Micro Computer, Inc. (CIK: 0001375365)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SMCI
What is the AI rating for SMCI?
Super Micro Computer, Inc. (SMCI) has an AI grade of C with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SMCI's key strengths?
Claude: Exceptional revenue growth of 46.6% YoY demonstrating strong market demand. Fortress balance sheet with minimal leverage (Debt/Equity 0.01x) and strong liquidity (Current Ratio 2.66x).
What are the risks of investing in SMCI?
Claude: Catastrophic negative operating cash flow of -$7.6B indicating severe working capital or quality of earnings crisis. Net income completely flat YoY (+0.0%) despite 46.6% revenue growth signals collapsing profitability expansion.
What is SMCI's revenue and growth?
Super Micro Computer, Inc. reported revenue of $27.9B.
Does SMCI pay dividends?
Super Micro Computer, Inc. does not currently pay dividends.
Where can I find SMCI SEC filings?
Official SEC filings for Super Micro Computer, Inc. (CIK: 0001375365) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SMCI's EPS?
Super Micro Computer, Inc. has a diluted EPS of $1.59.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is SMCI's fundamental grade?
Based on our AI fundamental analysis in May 2026, Super Micro Computer, Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is SMCI stock overvalued or undervalued?
Valuation metrics for SMCI: ROE of 13.9% (sector avg: 22%), net margin of 3.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is SMCI's AI grade for 2026?
Our dual AI analysis gives Super Micro Computer, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SMCI's free cash flow?
Super Micro Computer, Inc.'s operating cash flow is $-7.6B, with capital expenditures of $133.8M. FCF margin is -27.5%.
How does SMCI compare to other Technology stocks?
Vs Technology sector averages: Net margin 3.8% (avg: 18%), ROE 13.9% (avg: 22%), current ratio 2.66 (avg: 2.5).