Super Micro Computer, Inc. — Form 8-K

Super Micro (SMCI, $15.5B market cap) reported fiscal year 2026 (ended June 30, 2026) net sales of $39.1 billion versus $22.0 billion in FY2025—a 78% increase. Net income surged to $2.2 billion ($3.26 diluted EPS) from $1.0 billion ($1.68 diluted EPS). Q4'26 alone generated $11.1B in sales with $1.18B net income ($1.62 diluted EPS). Gross margin improved to 17.5% in Q4 from 9.9% in Q3. The company projects Q1 FY2027 sales of $14.5–$15.5 billion and full-year FY2027 sales of $65.0–$72.0 billion. Cash position strengthened to $7.5 billion; however, debt (bank debt + convertibles) stands at $8.7 billion. The Board is conducting an independent review of export-control transaction issues.