Super Micro Computer (SMCI) Cost of Revenue (2010 - 2026)
Super Micro Computer (SMCI) reported Cost of Revenue of $9.2 billion for Q1 2026, up 15279.53% on a YoY basis from N/an in Q1 2025, and up 12522.59% quarter-over-quarter from $73.1 million in Q4 2025.
Super Micro Computer (SMCI) Cost of Revenue (2010 - 2026) Analysis & Trends
Super Micro Computer has reported Cost of Revenue for 17 years, with the latest figure at $9.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 15279.53% year-over-year to $9.2 billion; the trailing twelve-month figure through Mar 2026 stood at $33.2 billion (up 222.8% YoY), and the FY2025 full-year result was $19.5 billion, up 51.16% from the prior year.
- Cost of Revenue for Q1 2026 stood at $9.2 billion, up from $73.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $19.3 billion in Q2 2025, with the low at $25.3 million in Q1 2023.
- Historically, Cost of Revenue has averaged $3.7 billion across 5 years, with a median of $1.6 billion in 2022.
- Annual changes were most pronounced in 2025 — Cost of Revenue slumped 98.54% — and 2026, when it surged 15279.53%.
- Super Micro Computer's Cost of Revenue stood at $1.5 billion in 2022, then soared by 111.53% to $3.1 billion in 2023, then jumped by 61.52% to $5.0 billion in 2024, then tumbled by 98.54% to $73.1 million in 2025, then soared by 12522.59% to $9.2 billion in 2026.
- The last three Cost of Revenue figures came in at $9.2 billion (Q1 2026), $73.1 million (Q4 2025), and $4.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 26.65 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 1.29 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 141.60 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 1.67 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 1.66 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 9.22 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 318.82 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 11.39 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 49.25 Mn |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 214.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.22 Bn |
| Mar 31, 2026 | 9.22 Bn |
| Dec 31, 2025 | 73.08 Mn |
| Dec 31, 2025 | 73.08 Mn |
| Sep 30, 2025 | 4.55 Bn |
| Sep 30, 2025 | 4.55 Bn |
| Jun 30, 2025 | 19.33 Bn |
| Jun 30, 2025 | 19.33 Bn |
| Mar 31, 2025 | 59.98 Mn |
| Mar 31, 2025 | 59.98 Mn |
| Dec 31, 2024 | 5.01 Bn |
| Dec 31, 2024 | 5.01 Bn |
| Sep 30, 2024 | 5.16 Bn |
| Sep 30, 2024 | 5.16 Bn |
| Mar 31, 2024 | 49.69 Mn |
| Mar 31, 2024 | 49.69 Mn |
| Dec 31, 2023 | 3.10 Bn |
| Dec 31, 2023 | 3.10 Bn |
| Sep 30, 2023 | 1.77 Bn |
| Sep 30, 2023 | 1.77 Bn |