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

Super Micro Computer (SMCI) reported Gross Margin of 9.95% for Q1 2026, up 37.0% on a YoY basis from 7.26% in Q1 2025, and up 57.94% quarter-over-quarter from 6.3% in Q4 2025.

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

Super Micro Computer has reported Gross Margin for 17 years, with the latest figure at 9.95% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 37.0% year-over-year to 9.95%; the trailing twelve-month figure through Mar 2026 stood at 8.39% (down 398.0% YoY), and the FY2025 full-year result was 11.06%, down 269.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 9.95%, up from 6.3% in the prior quarter.
  • The five-year high for Gross Margin was 18.76% in Q3 2022, with the low at 6.3% in Q4 2025.
  • Historically, Gross Margin has averaged 13.41% across 5 years, with a median of 14.23% in 2024.
  • Annual changes were most pronounced in 2022 — Gross Margin jumped 539 bps — and 2025, when it tumbled 595 bps.
  • Super Micro Computer's Gross Margin stood at 18.71% in 2022, then decreased by 18 bps to 15.4% in 2023, then fell by 23 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 266.21 Bn 254.69 Bn 6.73 Bn 20.16%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 78.35%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 61.90%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 46.50%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 50.22%
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 9.95%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 69.89%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 20.93%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 23.84%
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 44.52%

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 15.52%
Dec 31, 2023 15.40%
Sep 30, 2023 16.69%
Mar 31, 2023 17.64%
Dec 31, 2022 18.71%
Sep 30, 2022 18.76%
Mar 31, 2022 15.55%
Dec 31, 2021 13.97%
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%