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
DateValue
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