Super Micro Computer (SMCI) Gross Margin (2010 - 2026)

Super Micro Computer's (SMCI) quarterly Gross Margin came in at 9.95% in Q1 2026, up 37.0% YoY from 7.26% in Q1 2025, and up 57.94% on a QoQ basis from 6.3% in Q4 2025.

Super Micro Computer (SMCI) Gross Margin (2010 - 2026) Analysis & Trends

Super Micro Computer (SMCI) has 17 years of Gross Margin data on file, last reported at 9.95% in Q1 2026.

  • Quarterly Gross Margin rose 37.0% year-over-year to 9.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.39% (down 476.0% YoY) and the FY2025 annual result came in at 11.06%, down 269.0% from the prior year.
  • Gross Margin rose to 9.95% in Q1 2026, from 6.3% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 18.76% in Q3 2022 to a low of 6.3% in Q4 2025.
  • A 5-year average of 13.37% and a median of 13.73% in 2022 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin jumped 539 bps — and 2025, when it tumbled 616 bps.
  • Tracing SMCI's Gross Margin over 5 years: stood at 18.71% in 2022, then declined by 15 bps to 15.87% in 2023, then fell by 26 bps to 11.8% in 2024, then sank by 47 bps to 6.3% in 2025, then jumped by 58 bps to 9.95% in 2026.
  • The last three Gross Margin figures came in at 9.95% (Q1 2026), 6.3% (Q4 2025), and 9.31% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Dell Technologies 278.57 Bn 266.99 Bn 7.78 Bn 17.75%
2 Arista Networks 232.75 Bn 220.40 Bn 1.68 Bn 61.90%
3 Sandisk 190.63 Bn 186.89 Bn 4.66 Bn 78.35%
4 Seagate Technology Holdings 186.50 Bn 185.35 Bn 1.45 Bn 46.50%
5 Western Digital 184.00 Bn 180.76 Bn 1.68 Bn 50.22%
6 Everpure 26.61 Bn 25.11 Bn 723.33 Mn 68.70%
7 Hp 24.78 Bn 21.08 Bn 3.02 Bn 20.93%
8 Super Micro Computer 17.22 Bn 15.93 Bn 1.02 Bn 9.95%
9 Logitech International 16.90 Bn 15.15 Bn 607.94 Mn 49.54%
10 IonQ 10.24 Bn 8.22 Bn 15.41 Mn 23.84%

Historic Data

Download Data
DateValue
Mar 31, 2026 9.95%
Dec 31, 2025 6.30%
Sep 30, 2025 9.31%
Jun 30, 2025 9.45%
Mar 31, 2025 9.57%
Dec 31, 2024 11.80%
Sep 30, 2024 13.06%
Mar 31, 2024 15.73%
Dec 31, 2023 15.87%
Sep 30, 2023 16.69%
Mar 31, 2023 17.64%
Dec 31, 2022 18.71%
Sep 30, 2022 18.76%
Mar 31, 2022 14.40%
Dec 31, 2021 13.69%
Sep 30, 2021 13.38%
Mar 31, 2021 13.73%
Dec 31, 2020 16.39%
Sep 30, 2020 17.04%
Jun 30, 2020 13.78%