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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |