Super Micro Computer SMCI
NASDAQ SMCI
$40.10 +2.72 (+7.28%)
At close: Sep 11, 2026 · 4:00 PM EDT

Super Micro Computer (SMCI) Cost of Revenue (2010 - 2026)

Super Micro Computer's (SMCI) quarterly Cost of Revenue came in at $9.2 billion in Q2 2026, up 76.05% on a YoY basis from $5.2 billion in Q2 2025, and down 0.51% quarter-over-quarter from $9.2 billion in Q1 2026.

Analysis

Super Micro Computer (SMCI) Cost of Revenue (2010 - 2026) Analysis & Trends

Super Micro Computer (SMCI) has reported Cost of Revenue for 17 consecutive years, with $9.2 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 76.05% year-over-year to $9.2 billion; the trailing twelve-month figure through Jun 2026 stood at $34.8 billion (up 78.26% YoY), and the FY2026 full-year result was $34.8 billion, up 78.26% from the prior year.
  • Cost of Revenue fell to $9.2 billion in Q2 2026 per SMCI's latest filing, from $9.2 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $11.9 billion in Q4 2025 and bottomed at $1.1 billion in Q1 2023.
  • Historically, Cost of Revenue has averaged $5.1 billion across 5 years, with a median of $4.9 billion in 2023.
  • The sharpest annual moves came in 2023 and 2024: Cost of Revenue sank 65.32% in 2023, then soared 668.19% in 2024.
  • Over 5 years, Cost of Revenue stood at $1.5 billion in 2022, then surged by 232.01% to $4.9 billion in 2023, then gained by 2.9% to $5.0 billion in 2024, then soared by 137.3% to $11.9 billion in 2025, then declined by 22.78% to $9.2 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $9.2 billion, $9.2 billion, and $11.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Dell Technologies 362.97 Bn 351.40 Bn 9.83 Bn 37.14 Bn
2 Arista Networks 251.55 Bn 238.20 Bn 1.91 Bn 1.13 Bn
3 Sandisk 238.47 Bn 233.71 Bn 7.58 Bn 1.38 Bn
4 Seagate Technology Holdings 188.28 Bn 186.57 Bn 1.90 Bn 1.73 Bn
5 Western Digital 161.43 Bn 159.85 Bn 2.03 Bn 1.72 Bn
6 Hewlett Packard Enterprise 82.45 Bn 76.23 Bn 4.93 Bn 7.29 Bn
7 NetApp 39.14 Bn 35.57 Bn 1.42 Bn 606.00 Mn
8 Everpure 32.71 Bn 31.71 Bn 811.39 Mn 374.51 Mn
9 Super Micro Computer 26.34 Bn 18.82 Bn 1.94 Bn 9.18 Bn
10 Penguin Solutions 2.62 Bn 2.38 Bn 133.21 Mn 345.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 9.18 Bn
Mar 31, 2026 9.22 Bn
Dec 31, 2025 11.88 Bn
Sep 30, 2025 4.55 Bn
Jun 30, 2025 5.21 Bn
Mar 31, 2025 4.16 Bn
Dec 31, 2024 5.01 Bn
Sep 30, 2024 5.16 Bn
Mar 31, 2024 8.12 Bn
Dec 31, 2023 4.87 Bn
Sep 30, 2023 1.77 Bn
Mar 31, 2023 1.06 Bn
Dec 31, 2022 1.47 Bn
Sep 30, 2022 1.50 Bn
Mar 31, 2022 3.05 Bn
Dec 31, 2021 1.90 Bn
Sep 30, 2021 894.59 Mn
Mar 31, 2021 772.86 Mn
Dec 31, 2020 694.21 Mn
Sep 30, 2020 632.34 Mn