How does Super Micro Computer (SMCI) make money?

Super Micro Computer (SMCI) generates revenue primarily from Server And Storage Systems, which accounted for 93.5% of total revenue in TTM through Q1 2026. The company reported $33.7B in revenue and converted 3.7% of it into net profit, equivalent to roughly $1.25B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Super Micro Computer (SMCI)?

Super Micro Computer (SMCI) reported a gross profit margin of 8.4% in TTM through Q1 2026, equivalent to $2.83B in gross profit on $33.7B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Super Micro Computer (SMCI)?

Super Micro Computer (SMCI) reported an operating profit margin of 4.5% in TTM through Q1 2026, equivalent to $1.51B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Super Micro Computer (SMCI)?

Super Micro Computer (SMCI) reported a net profit margin of 3.7% in TTM through Q1 2026, equivalent to $1.25B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Super Micro Computer (SMCI) profitable?

Yes. Super Micro Computer (SMCI) reported $1.25B in net income for TTM through Q1 2026, with a net profit margin of 3.7%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Super Micro Computer (SMCI) invest in research and development?

Super Micro Computer (SMCI) invested $753M in research and development during TTM through Q1 2026, roughly 2.2% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Super Micro Computer (SMCI) spend on capital expenditures?

Super Micro Computer (SMCI) spent $156M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 0.5% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Super Micro Computer (SMCI) generate?

Super Micro Computer (SMCI) generated -$6.85B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of -20.3%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Super Micro Computer (SMCI)?

Super Micro Computer (SMCI) had an effective tax rate of 18.6% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Super Micro Computer (SMCI)?

Super Micro Computer (SMCI) reports revenue across 2 reportable product segments, led by Server And Storage Systems at 93.5% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Super Micro Computer (SMCI) generate most of its revenue?

UNITED STATES is the largest geographic market for Super Micro Computer (SMCI), accounting for 81.3% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Super Micro Computer Makes Money: 2026 Visual Revenue Map

Super Micro Computer (SMCI) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 11, 2026).

Super Micro Computer (SMCI) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Super Micro Computer (SMCI), TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Server And Storage Systems	$31.5B	93.5%
Subsystems and accessories	$2.21B	6.5%
Total	$33.7B	100%

Server And Storage Systems$31.5B
Subsystems and accessories$2.21B
Total$33.7B

Super Micro Computer (SMCI) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Super Micro Computer (SMCI), TTM through Q1 2026
Region	Revenue (USD)	% of total
UNITED STATES	$22B	81.3%
Asia	$2.42B	8.9%
Other region	$1.78B	6.6%
Europe	$857M	3.2%
Total	$27B	100%

UNITED STATES
Asia
Other region
Europe
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Super Micro Computer (SMCI) reports revenue across 2 reportable product segments; the largest segment was Server And Storage Systems at 93.5%, followed by Subsystems and accessories (6.5%). Geographically, UNITED STATES accounted for 81.3% of revenue, followed by Asia (8.9%) and Other region (6.6%).

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