Super Micro Computer (SMCI) Net Margin (2010 - 2026)
Super Micro Computer's (SMCI) quarterly Net Margin came in at 10.61% in Q2 2026, up 707.0% on a YoY basis from 1.31% in Q2 2025, and up 124.43% quarter-over-quarter from 4.73% in Q1 2026.
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Super Micro Computer (SMCI) Net Margin (2010 - 2026) Analysis & Trends
Super Micro Computer (SMCI) has reported Net Margin for 17 consecutive years, with 10.61% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 707.0% year-over-year to 10.61%; the trailing twelve-month figure through Jun 2026 stood at 5.72% (up 91.0% YoY), and the FY2026 full-year result was 5.72%, up 91.0% from the prior year.
- Net Margin improved to 10.61% in Q2 2026 per SMCI's latest filing, from 4.73% in the prior quarter.
- Across five years, Net Margin topped out at 10.61% in Q2 2026 and bottomed at 2.37% in Q1 2025.
- Historically, Net Margin has averaged 6.35% across 5 years, with a median of 6.77% in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin soared 758 bps in 2022, then plunged 648 bps in 2025.
- Over 5 years, Net Margin stood at 9.84% in 2022, then declined by 21 bps to 7.8% in 2023, then decreased by 28 bps to 5.6% in 2024, then plunged by 44 bps to 3.16% in 2025, then jumped by 235 bps to 10.61% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 10.61%, 4.73%, and 3.16% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 8.80% |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 39.95% |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 77.00% |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 35.66% |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 85.27% |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 12.37% |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 18.52% |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 6.25% |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 10.61% |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 7.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.61% |
| Mar 31, 2026 | 4.73% |
| Dec 31, 2025 | 3.16% |
| Sep 30, 2025 | 3.36% |
| Jun 30, 2025 | 3.53% |
| Mar 31, 2025 | 2.37% |
| Dec 31, 2024 | 5.60% |
| Sep 30, 2024 | 7.15% |
| Mar 31, 2024 | 8.85% |
| Dec 31, 2023 | 7.80% |
| Sep 30, 2023 | 7.41% |
| Mar 31, 2023 | 6.77% |
| Dec 31, 2022 | 9.84% |
| Sep 30, 2022 | 10.00% |
| Mar 31, 2022 | 4.03% |
| Dec 31, 2021 | 3.03% |
| Sep 30, 2021 | 2.43% |
| Mar 31, 2021 | 2.09% |
| Dec 31, 2020 | 3.51% |
| Sep 30, 2020 | 3.31% |