Super Micro Computer (SMCI) Gross Margin (2010 - 2026)
Super Micro Computer (SMCI) recorded Gross Margin of 17.47% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 8.02 percentage points from 9.45% a year earlier and up 7.52 percentage points from the prior quarter.
Super Micro Computer (SMCI) Gross Margin (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Super Micro Computer reported Gross Margin of 10.82%, down 0.24 percentage points from FY2025.
- Annual Gross Margin has declined for three straight fiscal years, with a five-year change of -4.20 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Gross Margin came in at 11.06% in FY2025 (-2.69 pp), 13.75% in FY2024 (-4.26 pp), 18.01% in FY2023 (+2.61 pp) and 15.40% in FY2022 (+0.37 pp).
- The fiscal Q4 2026 figure is the highest quarterly Gross Margin since fiscal Q3 2023.
- On a year-over-year basis, Gross Margin rose in two of the last eight quarters, with an average year-over-year change of -1.85 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 8.02 percentage points in fiscal Q4 2026, against a drop of 6.81 percentage points in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 9.95% (Q3 2026), 6.30% (Q2 2026) and 9.31% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,973.70 Bn | 4,721.19 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 421.27 Bn | 357.20 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 297.70 Bn | 253.45 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 229.14 Bn | 182.59 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 200.83 Bn | 189.36 Bn | 7.58 Bn | 84.57% |
| 6 | Sony | 150.33 Bn | 87.59 Bn | 6.53 Bn | 36.70% |
| 7 | Seagate Technology Holdings | 147.86 Bn | 142.86 Bn | 1.90 Bn | 52.30% |
| 8 | Western Digital | 125.50 Bn | 113.63 Bn | 2.03 Bn | 54.12% |
| 9 | Hewlett Packard Enterprise | 74.88 Bn | 52.76 Bn | 4.93 Bn | 40.34% |
| 10 | Super Micro Computer | 19.54 Bn | 2.44 Bn | 1.94 Bn | 17.47% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.47% |
| 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% |
| Jun 30, 2024 | 10.20% |
| Mar 31, 2024 | 15.52% |
| Dec 31, 2023 | 15.40% |
| Sep 30, 2023 | 16.69% |
| Jun 30, 2023 | 17.01% |
| Mar 31, 2023 | 17.64% |
| Dec 31, 2022 | 18.71% |
| Sep 30, 2022 | 18.76% |
| Jun 30, 2022 | 17.57% |
| Mar 31, 2022 | 15.55% |
| Dec 31, 2021 | 13.97% |
| Sep 30, 2021 | 13.38% |
Super Micro Computer Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SMCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SMCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SMCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();