Supermicro FY26 Q4 slides: revenue doubles, eyes $72B in FY27

Supermicro Computer (NASDAQ:SMCI) reported a significant improvement in its fiscal fourth quarter 2026 results, with revenue nearly doubling to $39 billion for the full fiscal year, and projecting growth to as much as $72 billion in fiscal 2027. The company's non-GAAP earnings of $1.70 per share on revenue of $11.12 billion for the quarter beat profit expectations by 139%, while missing revenue forecasts by 5.2%.

The stock rose 6.4% in after-hours trading to $33.63 following the release. The company's strong performance was driven by a sharp margin rebound and strong forward guidance, with non-GAAP gross margin surging to 17.6% in Q4, up 750 basis points sequentially and 800 basis points year-over-year.

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