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| Date | Value |
|---|---|
| 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% |