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SMCI
Super Micro Computer, Inc.
$23.22
0.71
(3.15%)
[ms_data_label text=’Delayed data’]
| Exchange: | NASDAQ |
| Market Cap: | 13.909B |
| Shares Outstanding: | 213.24M |
About The Company
| Sector: | Technology | |||||
| Industry: | Computer Hardware | |||||
| CEO: | Charles Liang | |||||
| Full Time Employees: | 5684 | |||||
| Address: |
| |||||
| Website: | https://www.supermicro.com |
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software. The company provides application-optimized server solutions, rackmount and blade servers, storage, and subsystems and accessories; and server software management solutions, such as Server Management Suite, including Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, and SuperDoctor 5. In addition, it offers server subsystems and accessories comprising server boards, chassis, power supplies, and other accessories. Further, the company provides server and storage system integration, configuration, and software upgrade and update services; and technical documentation services, as well as identifies service requirements, creates and executes project plans, and conducts verification testing and technical documentation, and training services. Additionally, it offers help desk and on-site product support services for its server and storage systems; and customer support services, including ongoing maintenance and technical support for its products. The company provides its products to enterprise data centers, cloud computing, artificial intelligence, and 5G and edge computing markets. It sells its products through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. The company was incorporated in 1993 and is headquartered in San Jose, California.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 7,123,482 | 14,989,251 | 21,972,042 |
| Gross Profit | 1,283,012 | 2,061,409.999 | 2,429,922 |
| EBITDA | 799,692 | 1,274,476 | 1,329,833 |
| Operating Income | 761,142 | 1,210,774 | 1,252,994 |
| Net Income | 639,998 | 1,152,666 | 1,048,854 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 3,674,729 | 9,826,092 | 14,018,429 |
| Total Liabilities | 1,702,559 | 4,408,722 | 7,716,558 |
| Total Stockholders Equity | 1,972,005 | 5,417,206 | 6,301,693 |
| Total Debt | 290,302 | 2,174,145 | 4,757,653 |
| Cash and Cash Equivalents | 440,459 | 1,669,766 | 5,169,911 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 663,580 | -2,479,437 | 1,659,524 |
| Capital Expenditure | -36,793 | 0 | -127,214 |
| Free Cash Flow | 626,787 | -2,479,437 | 1,532,310 |
| Net Income | 639,998 | 1,152,666 | 1,048,854 |
| Net Change in Cash | 172,401 | 1,229,313 | 3,502,028 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 57,603,651.399 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 69,812,459.230 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 62,086,703.919 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 4,286,711.693 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 5,195,258.947 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 4,620,328.629 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 1,834,255.168 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 2,351,725.364 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 2,024,271.365 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 1,953,532.221 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 2,367,573.673 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 2,105,567.505 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 3.220 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 3.740 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 2.920 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 6 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Growth and Backlog: SMCI has demonstrated significant revenue growth, with fiscal year 2024 revenue reaching $14.99 billion, a 110% increase from $7.12 billion in 2023. Strong RPO (revenue backlog) growth, as highlighted in recent news, supports the company’s ambitious $40 billion revenue outlook for FY26, reflecting strong demand for its server and storage solutions.
- High Performance in AI Sector: Positioned within the AI megatrend, SMCI benefits from its focus on high-performance server solutions. News articles emphasize its role as a key player in AI infrastructure, contributing to a 17% stock price increase in a single week in February 2025 and a 1404.51% return over five years, far outpacing industry and sector averages.
- Solid Financial Position: SMCI maintains a strong balance sheet with a current ratio of 6.66 and a quick ratio of 3.95 for FY24, indicating excellent liquidity. Additionally, a debt-to-equity ratio of 0.38 suggests manageable leverage, providing financial flexibility for future investments.
- Geographic Revenue Diversification: Revenue distribution in FY24 shows a strong U.S. presence ($10.19 billion) alongside significant contributions from Asia ($2.91 billion) and Europe ($1.29 billion), reducing dependency on a single market and enhancing global resilience.
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Intrinsic Value Calculator
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Common questions about SMCI valuation
Is Super Micro Computer, Inc. (SMCI) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Super Micro Computer, Inc. (SMCI) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is SMCI a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether SMCI trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is SMCI’s P/E ratio?
You can see SMCI’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for SMCI?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
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SMCI
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3.15
Trading Metrics:
| Open: | [ms_cell_or_dash table='trading_quote' column='open'] | Previous Close: | [ms_cell_or_dash table='trading_quote' column='previousClose'] | |
| Day Low: | [ms_cell_or_dash table='trading_quote' column='dayLow'] | Day High: | [ms_cell_or_dash table='trading_quote' column='dayHigh'] | |
| Year Low: | 19.48 | Year High: | 62.36 | |
| Price Avg 50: | 29.64 | Price Avg 200: | 39.88 | |
| Volume: | 29.843M | Average Volume: | 37.02M |
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Login — it's freeSMCI full analysis
Welcome to MARKETSNAP’s SWOT analysis for Super Micro Computer, or SMCI as it’s known on the ticker. If you’re a long-term investor looking to dig into a player in the tech hardware space, you’ve come to the right place. Today, we’re breaking down the strengths, weaknesses, opportunities, and threats for Super Micro Computer, a company that’s been making waves in the server and storage solutions market. Let’s dive in with an overview, some recent updates, and then get into the…
