Super Micro Computer SMCI
NASDAQ SMCI
$35.16 -2.08 (-5.59%)
As of: Aug 24, 2026 · 3:59 PM EDT

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 280.00 Bn 268.42 Bn 7.78 Bn 17.75%
2 Arista Networks 236.48 Bn 223.14 Bn 1.91 Bn 62.93%
3 Sandisk 219.05 Bn 214.29 Bn 7.58 Bn 84.57%
4 Seagate Technology Holdings 173.77 Bn 172.06 Bn 1.90 Bn 52.30%
5 Western Digital 148.61 Bn 145.37 Bn 1.68 Bn 50.22%
6 Everpure 33.29 Bn 31.79 Bn 723.33 Mn 68.70%
7 Hp 26.26 Bn 22.56 Bn 3.02 Bn 20.93%
8 Super Micro Computer 21.11 Bn 19.82 Bn 1.02 Bn 9.95%
9 Logitech International 13.96 Bn 12.21 Bn 607.94 Mn 49.54%
10 IonQ 11.29 Bn 9.18 Bn 19.94 Mn 24.91%

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%