Mostly Markets
Subscribe
Markets
S&P 500 ▼ 1.82%Nasdaq ▼ 2.86%Dow ▼ 1.09%Russell 2000 ▼ 1.66%10-year 4.93%Oil ▲ 0.93%Gold ▼ 3.63%Bitcoin ▲ 1.13%
Newest story
Stocks/Information Technology/Technology Hardware, Storage & Peripherals

SupermicroSMCI

Technology Hardware, Storage & Peripherals · San Jose, California · In the S&P 500
Cheaper than peers
$32.95−4.30%After hours: $33.04 (+0.27%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 37.5% over 1 year
Supermicro over 1 yearDaily close, $, to 30 Oct 2026
$20$30$40$50Nov2026MarMayJulSep$32.95$20$40NovMarJul$32.95
Source: Nasdaq daily closes
Market value$21.65B
Price to earnings10.5x
Forward P/E7.0x
Dividend yield–
Year to date+12.6%
One year−37.5%
Next earningsTue 3 Nov, after the close
SectorInformation Technology
52-week range (closes)
$20.53$51.96

The latest on Supermicro

Our stories first, then the headlines that could move it, newest first.

We haven't written about Supermicro yet. Follow it, and its first story will show under My stocks.

Quality and valuation

How Supermicro compares with other information technology stocks. A description, not a recommendation.

Supermicro and 7 technology hardware, storage & peripherals peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: weaker than mostValuation: cheaper than most

A weaker business than most information technology companies, priced below most of them.

Supermicro trades at 7.0 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +77.8% vs +20.6%
  • Keeps less of each sale (gross margin): 10.8% vs 61.5%
  • Less profitable (operating margin): 7.1% vs 17.0%
  • Turns less of its sales into cash: −17.8% vs 21.7%
SMCI trades at 7.0x forward earnings, below the sector medianForward p/e, Technology Hardware, Storage & Peripherals peers
SNDK5.4xSMCI7.0xHPE11.9xWDC14.9xDELL15.0xSTX16.0xAAPL37.4xP38.9xSector median 22.2xSNDK5.4xSMCI7.0xHPE11.9xWDC14.9xDELL15.0xSTX16.0xAAPL37.4xP38.9xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 10.3x earnings, SMCI is cheaper than its average since Feb 2025Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x30xAverage 21.2x202610.3x20x30xAverage 21.2x202610.3x
Source: Nasdaq prices; SEC filings

Financials

From Supermicro's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 93.2% from a year earlierQuarterly revenue, $bn, latest Q4 ’26
$0bn$5bn$10bnQ1 ’25Q3 ’25Q1 ’26$11.1bnQ4 ’26$0bn$5bn$10bnQ1 ’25Q3 ’25Q1 ’26$11.1bnQ4 ’26
Source: SEC filings
Growth slowed to +93.2% last quarterRevenue growth, year on year, %
0%50%100%150%Q1 ’25Q3 ’25Q1 ’2693.2%Q4 ’260%100%Q1 ’25Q3 ’25Q1 ’2693.2%Q4 ’26
Source: SEC filings
Operating margin was 13.4% last quarterOperating income as a share of revenue, %
0%5%10%Q1 ’25Q3 ’25Q1 ’2613.4%Q4 ’260%5%10%Q1 ’25Q3 ’25Q1 ’2613.4%Q4 ’26
Source: SEC filings
Free cash flow was −$7.0 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$-6bn$-4bn$-2bn$0bnQ1 ’25Q3 ’25Q1 ’26$0.7bnQ4 ’26$-5bn$0bnQ1 ’25Q3 ’25Q1 ’26$0.7bnQ4 ’26
Source: SEC filings
Last 12 monthsSMCISector median
Revenue growth+77.8%+20.6%
Gross margin10.8%61.5%
Operating margin7.1%17.0%
Free cash flow margin−17.8%21.7%
Price to earnings10.5x33.1x

Similar companies

Technology Hardware, Storage & Peripherals, by market value.

CompanyPriceTodayYTDValue
AAPLApple$344.63−1.23%+26.8%$5.03T
DELLDell Technologies$424.30−10.77%+237.1%$270B
SNDKSandisk$1,150.89−13.47%+384.8%$166B
STXSeagate Technology$644.58−7.98%+134.1%$148B
WDCWestern Digital$366.11−7.41%+112.5%$137B
HPEHewlett Packard Enterprise$55.09−6.42%+129.4%$73.13B
PEverpure$126.98−7.45%+89.5%$42.31B
NTAPNetApp$199.18−8.81%+86.0%$39.12B